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Rubli Lease Accounting Solution Reviews & Product Details

Rubli Lease Accounting Solution Overview

What is Rubli Lease Accounting Solution?

Rubli’s lease accounting software is the proven, all-in-one solution, that helps organizations streamline their IFRS 16 lease accounting to empower teams to comply with IFRS 16 andf ASC 842 effortlessly. Our intuitive SaaS platform allows you to: - incorporate a wide range of lease terms, conditions and modifications. - experience flexibility that simplifies fast decision-making results that your business can trust. - set up 1-click reporting to export your entire lease disclosures and reporting pack at the click of a button. - enjoy an industry leading implementation (set-up) period including a full recon of your opening balances. - be audit ready, with a history of NO audit exceptions. Rubli is committed to ongoing excellent customer service with 11 years of experience in providing financial products to our client’s individual needs. Ready to start? Schedule a demo today and join the companies that are no longer burdened by lease accounting www.rubli.co

Rubli Lease Accounting Solution Details
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Languages Supported
English
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Product Description

Rubli's IFRS 16 is the proven, all-in-one lease solution that provides everything needed to comply with IFRS 16 effortlessly. Rubli's IFRS 16 software will streamline your accounting processes while providing expert IFRS 16 support. This is achieved by having access to all of your leases in one central database that can be updated with bulk import templates, with unlimited customizable reports to suit your specific needs and is available at the click of a button


Seller Details
Year Founded
2019
HQ Location
Johannesburg, ZA
LinkedIn® Page
www.linkedin.com
2 employees on LinkedIn®
Description

Rubli is a powerful cloud-based lease accounting program, providing a frictionless experience in aiding firms to comply with lease accounting standards (ASC 84
, FRS 10
& IFRS 16). Rubli takes care of all the accounting calculations and customizable reporting features makes journal calculations, budgeting and disclosures a breeze.By joining Rublis growing network, financial manager and accounting teams can easily comply with lease accounting.


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Recent Rubli Lease Accounting Solution Reviews

Verified User
A
Verified UserEnterprise (> 1000 emp.)
4.5 out of 5
"Managing Leases the easy way"
All your lease information on a single dashboard, anytime!! No more missed payments, escalations or leases expiring without notification
Muhammad I.
MI
Muhammad I.Mid-Market (51-1000 emp.)
5.0 out of 5
"Rubli has simplified and lease accounting easier"
The best thing about Rubli is the ease of use as well as being able to monitor all the leases to ensure that expired leases are easily identifiable
NH
Nerys H.Mid-Market (51-1000 emp.)
5.0 out of 5
"10/10 – Fantastic lease accounting solution with exceptional customer service"
From my experience of the Rubli Lease Accounting Solution, it is a fantastic platform that exceeded my expectations. The software is intuitive, rel...
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Rubli Lease Accounting Solution Media

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27 Rubli Lease Accounting Solution Reviews

4.7 out of 5
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27 Rubli Lease Accounting Solution Reviews
4.7 out of 5
27 Rubli Lease Accounting Solution Reviews
4.7 out of 5

Rubli Lease Accounting Solution Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Rubli Lease Accounting SolutionQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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NH
Head of Group Reporting
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Rubli Lease Accounting Solution?

From my experience of the Rubli Lease Accounting Solution, it is a fantastic platform that exceeded my expectations. The software is intuitive, reliable, and incredibly efficient, making lease management a breeze. What truly sets them apart is their outstanding customer service—it’s absolutely over and above! We deal with Marius Oliver and he is always timely, friendly, and exceptionally knowledgeable. He goes the extra mile to ensure every question is answered and every need is met. In my experience it is a top-notch lease accounting solution with unbeatable support. Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

Honestly, there isn’t much to dislike. If I had to nitpick, it would be that there’s a slight learning curve at the start, but the customer service team makes it so easy to get up to speed. Everything else works seamlessly! Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

Rubli Lease Accounting Solution has completely streamlined our lease accounting process. It effortlessly calculates all IFRS16 lease accounting requirements by simply importing Excel documents with the relevant data. The system does all the heavy lifting—calculating assets, liabilities and P&L entries accurately and efficiently. With the ability to run journals and reports, it’s incredibly intuitive and easy to use, saving us a significant amount of time. Plus, the audit-ready functionality is a huge bonus, especially during year-end when auditors come in. It’s a seamless, reliable solution that has made our work so much easier. Review collected by and hosted on G2.com.

Muhammad I.
MI
Senior Financial Accountant - Leases
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Rubli Lease Accounting Solution?

The best thing about Rubli is the ease of use as well as being able to monitor all the leases to ensure that expired leases are easily identifiable Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

I would like the tool to have a lease note drafting feature Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

The business has a very large number of leases that require constant updates to the payments and interest rates. Rubli Has simplied bringing on, maintaining and updating lease amorts. What use to take multiple days to do is now simplified to be completed with in less than an hour Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Rubli Lease Accounting Solution?

All your lease information on a single dashboard, anytime!! No more missed payments, escalations or leases expiring without notification Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

Payment reports should reflect Rental payments vat inclusive and exclusive Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

Ensures us to plan our cash flow for budgeting purposes for the next 2 years. Ample notification on expiring leases (you can set the notification period) Review collected by and hosted on G2.com.

FK
Manager: Investment Administration
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Rubli Lease Accounting Solution?

Automated calculations, the level of detail available and flexibility of use. The reports that can be tailored to your needs ifsgreat. The team at Rubki is also great, they made the take-on easy and is always responsive to questions and enquiries. Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

Nothing really. We are new to using the system and it caters for our needs and expectations. Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

We use to do the IFRS 16 calculation on excel, which required a lot of manual calculations, inputs and checks and balances. Rubli automates this and takes away the risk of errors related to excel calculations. During implementation and investigating the take-on balances and variance, I identified and number of error in my excel calculation due to manual calculations and intervention. Rubli proofed to be correct for every take-on variance investigated. Review collected by and hosted on G2.com.

TF
Financial Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Rubli Lease Accounting Solution?

Implementation of Rubli was easy. It is a user friendly tool that guides you through the creation of leases. It simplifies the calculations for the IFRS16 and makes modifications of leases easy. Customer support has been great and we have always had assitance where needed. From a review perspective it has given me greater visibility from a group perspective. Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

We have been using Rubli for a couple of years already and any imrpovements we wanted havealready been built into the system. Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

It resolves the complexities in modifications and gives me more comfort that the lease accounting is correct if the correct inputs are used. Review collected by and hosted on G2.com.

AB
Group Financial Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Rubli Lease Accounting Solution?

The tool caters for all lease scenarios you can think of, you can easy extract or import data and you can easily draw and export reports. It caters for everything you need around Lease accounting. Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

There is nothing to dislike, everything just works. Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

We use the tool do all our lease accounting calculations. Previously we were doing it in excel. When working in excel it gets very tricky when there are lease extentions, cancellations and modifications. This tool takes all the risk away of making mistakes in excel. The results are easily extracted from the tool and journalised into our ERP. Review collected by and hosted on G2.com.

Ettienne B.
EB
Senior Investment Specialist
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Rubli Lease Accounting Solution?

The simplicity and it is easy to understand. Creating your own reports is a well added bonus. The system is time saving. Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

There are no downsides as the system exceeds expectations. Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

Doing calculations on Excell which is very time consuming and sometimes results in making mistakes. Rubli streamlines the process and makes it easy and saves hours of work. Review collected by and hosted on G2.com.

AB
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Rubli Lease Accounting Solution?

The reports that present the lease data are very easy to follow and provide precisely the detail I need to complete my work and keep track of our leases.

The support team are very quick to respond to queries and always have a solution first up. Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

Would be nice to have the component name in the Leases section. The current fields don't currently tell me which property relates to which lease item.

The remeasurement or modification upload template appears confusing and difficult to complete at first, but I think this just comes down to practice. Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

Calculates and gives me my journals that I need to record.

Gives me reports that I can use to validate and reconcile account balances.

Removes the need for manual spreadsheets to calculate each leases' components, where there is a risk of human and formula error. Review collected by and hosted on G2.com.

SM
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Rubli Lease Accounting Solution?

The support team is exceptional, facilitating a seamless onboarding process with responsive user support. This tool significantly streamlines IFRS compliance, ensuring accuracy and eliminating the complexities associated with managing multiple spreadsheets prone to human error.

Its robust functionality allows for the creation of customized monthly and annual reports, catering to the diverse needs of various stakeholders within the business.

The implementation process was greatly simplified by the convenient feature of importing an Excel sheet containing all our leases. This functionality significantly eased the transition and enhanced the efficiency of the implementation phase. Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

It would be even greater if it came with more customization for simpler interface and integration. Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

It eliminates the use of unreliable spreadsheets which are prone to errors and could potentially result in inaccurate financial statements. Review collected by and hosted on G2.com.

Verified User in Food & Beverages
UF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Rubli Lease Accounting Solution?

Simplifies lease accounting. Reports are user friendly; easy to navigate the system. Review collected by and hosted on G2.com.

What do you dislike about Rubli Lease Accounting Solution?

Nothing worth noting on the downside.... Review collected by and hosted on G2.com.

What problems is Rubli Lease Accounting Solution solving and how is that benefiting you?

Quick calculations on lease adjustements. Extracting accurate monhtly journal entries. Maintanin accurate lease accounting data in one place. Review collected by and hosted on G2.com.

Rubli Lease Accou...