Rating
4.1
27 reviews
Starting price
$99
Per User
Categories
3
Founded
2011
Employees
33
Nomos One is your trusted, IFRS 16 (AASB 16) lease accounting and lease management software solution. Perfect for property, equipment, vehicles and any type of asset, Nomos One will transform the way you manage your portfolio and help you achieve compliance with IFRS 16 (AASB 16). You'll benefit from event tracking and reminders, customisable fields and reports, easy document generation, and unlimited users, storage and support.
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6
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as Nomos One
Active now
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last 14 days
Advertising since
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3.5+ yrs running
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The shared messaging across Lease Accounting & Management Software advertisers - the validated angles to copy. See the niche →
(27 reviews)
Very good tools and very good for money.
Pros: Very easy to use and modified report. The price also not expensive.
Cons: Nothing to unlike about Nomos One. All feature as required.
Anonymous User · Senior finance accountant · Information Technology and Services · October 17, 2023
Pros: not fulfill the purpose as require in managing data for tenancy and lease of premises
Cons: no summary the tenancy / leases on the front page (e.g info inclusive of total rental payable per month)
Nadiya M. · EXECUTIVE · Food & Beverages · June 1, 2023
Great platform, saves the team a lot of time and reduces risk of error.
Pros: Automated lease accounting and lease management.
Cons: It is not possible to consolidate multiple legal entities when reporting.
| Category | Page | Rank | Placement |
|---|---|---|---|
| Lease Accounting | 1 | 22 | - |
| Lease Management | 2 | 30 |
Domain confidence 85%
Thomas A. · Group financial controller · Accounting · May 28, 2023
Using the Nomos one for ROU assets
Pros: Can easily understand. There are readily available videos that can help new users.
Cons: IFRS16 modification before the renewal.
Bonnabe U. · Senior Accountant · Architecture & Planning · May 25, 2023
It was a good experience
Pros: Integrating this into our business was easy, and the onboarding team was great.
Cons: Given we gave all the documents intially, I believe the assumptions template could have been prepared by the Nomos One team
Thomas K. · Group Finance Manager · Information Technology and Services · May 25, 2023
Okay
Pros: Daily Calculation reports. Cpi and market review calculation.
Cons: Old report can't store. For example - June 22 finished so that can't store lease liability or other report, if someone mistakenly did some changes in the leases than when re-run the report, it will give us new numbers.
Sajedul H. · Corporate Accountant · Logistics and Supply Chain · May 24, 2023
brilliant
Pros: Without Nomos, our IFRS16 reporting would be impossible.We tried to do it on spreadsheets, but this quickly turned into a quagmire.Nomos provided a great solution, with exceptional implementation and after sales service.Any problem we take to them is quickly analysed and the correct solution provided, if not the same day, then overnight (due to time differences Aus<>NZ)
Cons: firm period ending process is needed to complete the product
mark e. · Finance Manager · Food & Beverages · May 24, 2023
Pros: The Nomos One team is top class with excellent customer service providing easy to access implemention and day to day support. The software has many functionalities that you will need to meet disclosure and accounting requirements for lease accounting.
Cons: The transition in the underlying engine supporting lease calculations did leave old reporting features missing that will be brought back in the future.
Anonymous User · Director, Financial Reporting · Consumer Goods · May 18, 2023
Very satisfied.
Pros: We like Nomos One as part of accounting where leases are tracked in terms of what are expiring, almost due and overdue. The reports are useful as well as this form part as a schedule in our reports. Leases are easy to set up and modify when needed. Most importantly, the customer service is so helpful when there is an issue encountered.
Cons: Nomos One usually works in Chrome and not in Internet Explorer or Edge. So, need to have Chrome updated all the time.
Glenda May E. · Finance Lead · Architecture & Planning · May 18, 2023
Great
Pros: It makes life easy when you have a lot of leases. IFRS 16 resolved.
Cons: Nothing to not like. Nomos one is great.
Terath S. · Financial Controller · Staffing and Recruiting · May 17, 2023
The customer support is exceptional, however the product is sub-par and therefore a lot of support is required to ensure accurate reporting
Pros: The customer support is excellent and always available
Cons: There are a large number of system limitations impacting both IFRS16 reporting and lease management which make the product not fully fit for purpose
Agnieszka G. · Group Finance Reporting Manager · Health, Wellness and Fitness · May 17, 2023
Very happy with the product and is cost effective
Pros: Team is very helpful, product is inexpensive and is well known and understood in the market
Cons: The time to do the initial set up, would be great if we could pay to get additional help having everything captured
Clive K. · Group Financial Controller · Information Technology and Services · May 17, 2023
Company wide NOMOS Is invaluable to managers and staff alike a must for all businesses especially those with a large portfolio
Pros: Its a one stop shop for Contract management utilizing all new tax requirements IFRS16
Cons: Any features that we have found to be inefficient NOMOS have worked at updating these and been proactive at coming up with solutions or more efficient reporting
Sandi F. · Accounts · Health, Wellness and Fitness · May 15, 2023
Pros: user friendly, information straightforward
Cons: system doesn't true up in current month when making changes
frances z. · Financial accountant · Publishing · May 11, 2023
Overall, i am still happy with using the system.
Pros: Customer service and system support is great, they get back to you on a timely manner.
Cons: I think the report functionality needs to improvement. For instance, the advanced custom agreement report, cannot be saved. And additional fields should be added (for instance discount rate)And maybe, if a budget function can be added to the system that will be great.
Samuel L. · Financial Accountant · Logistics and Supply Chain · May 11, 2023
Not satisfactory.
Pros: It does provide a good management over portfolio of properties and lease management
Cons: Not much Accounting and reporting capabilities. Not able to download reports directly, have to reach out to Support team for everything which is very inefficient and time consuming.
Ashneel A. · Senior Manager - Accounting & Reporting · Hospital & Health Care · May 11, 2023
Overall experience is good. ease of use, Userfriendly, great customer support
Pros: Ease of use, customer support is quick, user friendly. some reports at consolidated level is good
Cons: Reports- should give detailed report at individual levelwhen balances changes from last month to current month due to system issue, notification should be provided to users like new engine change.
Swarupa M. · Accountant · Hospital & Health Care · May 10, 2023
Pros: The platform is straight forward and easy to use.
Cons: Twice we have found errors in the Nomos One lease accounting calculations. All data entry was correct but glitches in the program produced the incorrect numbers. We have had to implement manual checks on the Nomos One reports to ensure accuracy.
James P. · Deputy CFO · Retail · May 10, 2023
Pros: Easy to Navigate website, able to keep track of all leases & calculate basic leases with no issue. Report extraction include journals to be posting, which is very helpful.
Cons: While there are many features on Nomosone which is awesome, sometimes it would give out too many notifications on CPI reviews, annual reviews, expired leases.
Aiken L. · Financial analyst · Aviation & Aerospace · May 10, 2023
Pros: Ease of reporting at the end of month for financials.
Cons: There is no hard close so data can be changed retrospectively .
Puneet J. · Financial Accountant · Veterinary · May 10, 2023
Very pleasing experience with minimal issues, prompt and professional customer service provided
Pros: The ability to track a whole portfolio of complex lease agreements with easy reporting for month end accounting purposes
Cons: The interface is clunky in some parts which can lead to difficulty in capturing all the correct data in the right places
Hans L. · Group Manager - ESG and Sustainability Reporting · Mining & Metals · May 10, 2023
Very good training provided although it’s free it’s an extra customer service milestone for new users
Pros: Features are great easy to navigate, user friendly and good layout. Dashboard reminders are great to follow up tool
Cons: The beta versions need to be improved, spoke to customer service and they were helpful and was able to resolve the issue immediately
Keith Y. · Manager · Financial Services · May 10, 2023
Good service
Pros: Easy to use and well laid out. I like the timeline and easy to use events
Cons: Would like to open more than one page, as often working on more than one property at a times
Sue B. · Property Administrator · Retail · May 10, 2023
Pros: Uploading documentsTimeline of eventsEasy updates for renewals and rent reviews
Cons: Downloading reports in easy to read format
Sylvia P. · Property Manager · Financial Services · May 10, 2023
Extremely happy with the operation of Nomos One. Current information at your fingertips when checking on invoicing, events etc. As long as events are appropriately loaded into the system, efficient reminder process ensures events are handled in a timely manner.
Pros: The availability of information at a glance. The split portfolios allow records to be arranged in a pracatical manner and are easy to access. Documentation is attached to various records to assist in property management activities - information at a glance!The Nomos One Knowledge Base is extremely helpful if you become stuck on how to do something not previously experienced.
Cons: Have difficulty in extracting accurate detailed reports, however, this could probably be resolved with some additional training.
Alan G. · Leasing and Commercial manager · Government Administration · March 14, 2023
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| Property Management Accounting | 2 | 33 | - |