OneTouch Leasing offers lease accounting software specifically designed for UK and Ireland firms to meet FRS 102 compliance. The platform provides free implementation and transparent pricing, enabling finance teams to manage lease portfolios and transition to the 2026 FRS 102 lease accounting changes quickly and with minimal effort.
Funding
Funding not disclosed
Founders
Product
Problem
Finance teams in the UK and Ireland must transition to the revised FRS 102 lease accounting standard by 2026, but existing tools are often built for US GAAP, require costly implementations, and rely on spreadsheets that are error‑prone and difficult to audit.
Solution
OneTouch Leasing offers a cloud‑based lease accounting platform that is purpose‑built for FRS 102 compliance. The software automates lease data collection, journal entry generation, and financial reporting in line with the upcoming Section 20 requirements. It includes practical guidance and transition tools to help organisations calculate lease liabilities, choose appropriate transition approaches, and maintain audit‑ready documentation. Pricing scales with the number of leases, with no per‑user fees and a zero‑cost implementation, allowing finance teams to adopt the solution quickly and cost‑effectively. The platform also provides unlimited user access, enabling collaborative work across the finance function without additional charges.
Target Audience
Primary customers are finance and accounting teams at UK and Ireland enterprises that need to comply with the revised FRS 102 lease accounting standard.
Features
- Dedicated FRS 102 engine that handles lease liability calculations, depreciation, and disclosures specific to UK GAAP
- Automated journal entry generation and integration-ready export for ERP systems
- Scalable pricing model based on lease count, with no per‑user fees and free implementation
- Built‑in transition guidance, including tools for modified retrospective and other FRS 102 migration approaches
- Unlimited user accounts to support collaborative finance team workflows
- Cloud‑hosted architecture ensuring up‑to‑date compliance with the 2026 lease accounting amendments