ZapLease is an AI-powered lease accounting software designed for Indian enterprises. It automates Ind AS 116 and IFRS 16 compliance by extracting lease data from documents, managing the full lease lifecycle, handling modifications, and generating audit-ready financial reports.

How accurate is the AI document extraction?

ZapLease AI extraction achieves 95%+ accuracy when processing lease contracts in PDF, DOCX, or scanned image formats. Key terms like lease start dates, payment schedules, escalation clauses, and incremental borrowing rates are extracted automatically.

Does ZapLease support Ind AS 116 compliance?

Yes, ZapLease is fully compliant with Ind AS 116 (Indian Accounting Standard for Leases). It automatically calculates Right-of-Use assets, lease liabilities, generates journal entries, notes to accounts, and all required disclosure reports.

How many lease modification scenarios does ZapLease handle?

ZapLease handles all 4 lease modification scenarios (S1-S4) as defined by Ind AS 116 and IFRS 16, with correct P&L treatment and automatic recalculation of lease liabilities and ROU assets.

Can ZapLease manage leases across multiple companies?

Yes, ZapLease supports multi-company management with parent/subsidiary structures and consolidated reporting across 9 currencies, making it ideal for enterprise groups with complex lease portfolios.

AI-POWERED

Extract Lease Terms in Seconds, Not Hours

Upload PDF, DOCX, or scanned contracts. Google Cloud Document AI extracts key lease terms — rent, escalation, tenure, IBR, and more — with 95%+ accuracy. No more manual data entry.

See AI Extraction in Action

AI Document Import

Drop contracts here

PDF, DOCX, or scanned images

Lease NumberLS-2024-004298%

Monthly Rent₹1,25,00097%

Lease Term36 months99%

Escalation5% annually85%

IBR9.50%96%

From Contract to Lease Entry in 3 Steps

Our AI pipeline transforms unstructured documents into structured lease data ready for accounting.

Upload Documents

Drag and drop single or multiple lease contracts in PDF, DOCX, or scanned image format.

AI Extracts Terms

Google Cloud Document AI reads each page, identifies key lease terms, and assigns confidence scores.

Review & Create

Review extracted data, adjust flagged fields, and create the lease entry with one click.

Built for Real-World Lease Contracts

Every capability is designed to handle the complexity of enterprise lease portfolios.

Multi-Format Support

Upload PDF, DOCX, or scanned paper contracts. Our AI handles them all with equal precision.

95%+ Accuracy

Multi-Page Contracts

Extract data from lengthy, multi-page lease agreements without missing critical clauses.

English + Regional Languages

Process contracts written in English with regional language terms and numbering conventions.

50 Leases in 10 Minutes

Batch upload entire portfolios. What takes days manually is done in minutes with AI.

Confidence Scoring

Every extracted field comes with a confidence score so you know exactly what to review.

Frequently Asked Questions

How accurate is the AI extraction?

Our AI achieves 95%+ accuracy on standard lease contracts. Each extracted field includes a confidence score, and low-confidence fields are flagged for manual review. The accuracy improves as the system processes more contracts from your organization.

What document formats are supported?

ZapLease supports PDF files (including digitally signed PDFs), DOCX documents, and scanned paper contracts via OCR. The system can handle multi-page documents of any length.

Can it handle scanned documents?

Yes. Google Cloud Document AI includes advanced OCR capabilities that can read scanned contracts, even those with handwritten annotations. The system processes the image, extracts text, and then identifies lease-relevant terms.

How long does processing take?

A single contract typically processes in 15-30 seconds. Batch uploads of 50 contracts complete in approximately 10 minutes. Processing time may vary based on document complexity and page count.

See AI Extraction in Action

Watch how ZapLease extracts lease terms from your contracts in seconds. Book a live demo today.

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