AI-powered lease intelligence
ContractHive automates IFRS 16 compliance from contract ingestion to financial reporting with 90% reduction in manual processing time.
ScanExtractStructureSignExportTrackIFRS 16 Export Ready
Direct AARO Lease import with complete right-of-use asset and liability calculations
Data Integrity Checks
Error handling and validation
External Integrations
ERP/accounting/CRM APIs
Audit Trails
Versioning and documentation
Comprehensive lease management platform
From contract ingestion and compliance tracking to financial reporting and portfolio analytics
Workflow Automation
Role-based approvals, reminders
Risk & Obligations
Escalations, renewals, alerts
Smart Search
Full-text and tags
Smart Analytics Dashboard
Real-time tracking of obligations, payments, renewals, and comprehensive financial impact analysis
Automated Onboarding
Seamless DocuSign integration with standardized data capture and validation workflows
Proven efficiency and compliance
Average reduction in manual lease onboarding time across 1000+ contracts, with full IFRS 16 compliance and audit readiness
Transform your lease compliance workflows
See how ContractHive can reduce your lease processing time by 90% while ensuring complete IFRS 16 compliance
Leasing and real estate compliance solutions
FineIT delivers end-to-end IFRS 16 automation through ContractHive, a lease management platform with AI-assisted contract extraction, ROU asset and lease liability schedules, modifications, impairments, and AARO-ready journal export. Lessee and lessor accounting are both supported, including sublease arrangements and sale-and-leaseback transactions.
ContractHive uses OCR and NLP to extract lease terms from scanned PDFs, Word documents, and paper contracts — payment schedules, discount rate hints, extension and termination options, variable lease payments, CPI indexation, and restoration obligations. Extracted data flows into the measurement engine with full audit traceability back to the source clause. Real estate operators use ContractHive for large multi-jurisdiction portfolios with thousands of leases.
Integrations cover SAP, Oracle, and Microsoft Dynamics GL systems, with direct AARO Systems AB consolidation export. Regional templates cover IFRS 16 supervisory requirements for CBUAE, SBP, SAMA, and other major regulators.
Key facts
- IFRS 16 coverage: lessee and lessor accounting
- AI-assisted extraction: OCR + NLP on PDFs, DOCX, scanned contracts
- Handles modifications, impairments, variable payments, CPI indexation, sale-and-leaseback
- Portfolio scale: tens of thousands of leases per tenant
- GL integrations: SAP, Oracle, Microsoft Dynamics
- Consolidation export: AARO Systems AB-ready
- Regional templates: CBUAE, SBP, SAMA, and more
Frequently asked questions
Does ContractHive handle both lessee and lessor accounting?
Yes. ContractHive supports both lessee accounting (right-of-use assets, lease liabilities, subsequent measurement) and lessor accounting (operating vs finance lease classification, selling profit recognition, residual value tracking).
How accurate is the AI contract extraction?
ContractHive’s OCR and NLP engine achieves high-confidence extraction on clean PDFs and native DOCX contracts, with human-in-the-loop review for low-confidence fields. Scanned paper contracts benefit from format-specific post-processing. Every extracted field is traceable to the source clause.
Does ContractHive support sale-and-leaseback transactions?
Yes. Sale-and-leaseback accounting under IFRS 16 is handled for both buyer-lessor and seller-lessee, including transfer-of-control testing, gain recognition limitations, and continuing involvement assessments.
Can we export journals directly to our consolidation tool?
ContractHive exports journal entries directly in AARO Systems AB-ready format, and supports templated exports to SAP, Oracle, and Microsoft Dynamics. Custom exports are supported via API or CSV for other consolidation tools.
How does ContractHive handle lease modifications and impairments?
ContractHive automatically identifies modification events (term changes, payment changes, scope changes), recalculates liabilities using the updated discount rate, and adjusts ROU assets. Impairment testing follows IAS 36 with configurable triggers and recoverable amount bases.