EZLease
EZLease provides automated lease accounting software to help you maintain compliance with ASC 842, GASB 87, and IFRS 16 standards through streamlined data management and reporting.
Thoropass
Thoropass is a compliance automation platform that combines software and in-house auditors to help you achieve and maintain SOC 2, ISO 27001, and HIPAA certifications with ease.
Quick Comparison
| Feature | EZLease | Thoropass |
|---|---|---|
| Website | ezlease.com | thoropass.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1985 | 2019 |
| Headquarters | Fayetteville, USA | New York, USA |
Overview
EZLease
EZLease is a dedicated lease accounting platform designed to simplify how you manage and report on equipment and real estate leases. You can automate the complex calculations required for modern accounting standards like ASC 842, IFRS 16, and GASB 87/96. By moving away from manual spreadsheets, you reduce the risk of audit failures and ensure your financial statements remain accurate and compliant with the latest regulatory requirements.
The software serves as a centralized repository for all your lease data, allowing you to track critical dates, generate journal entries, and produce disclosure reports in minutes. Whether you manage ten leases or ten thousand, you can scale your operations without adding significant administrative overhead. It is particularly effective for finance teams in mid-market companies and government entities who need a reliable, audit-ready solution for their long-term liabilities.
Thoropass
Thoropass simplifies the complex world of information security compliance by combining an automated platform with dedicated expert guidance. You can stop juggling spreadsheets and manual evidence collection because the software integrates directly with your tech stack to monitor controls and gather data automatically. Whether you are pursuing SOC 2, ISO 27001, HIPAA, or GDPR, the platform provides a clear roadmap to get you audit-ready faster.
What sets this apart is the integrated audit experience. Instead of finding a third-party auditor, you work with Thoropass's own experts who use the platform to conduct your audit, reducing friction and unpredictable timelines. You get a centralized dashboard to track your progress, manage risks, and prove your security posture to customers and partners without the typical administrative headache.
Overview
EZLease Features
- Automated Compliance Generate accurate calculations for ASC 842, GASB 87, and IFRS 16 automatically to ensure your reporting meets all current regulatory standards.
- Journal Entry Generation Create monthly journal entries and amortization schedules instantly so you can close your books faster and with greater confidence.
- Disclosure Reporting Produce all required quantitative disclosures for your financial statements with a few clicks, saving you hours of manual data aggregation.
- Critical Date Alerts Set up automated notifications for upcoming renewals, expirations, and options so you never miss a deadline or lose a favorable rate.
- Audit Trail Tracking Maintain a complete history of every change made to your lease data to provide auditors with clear, transparent documentation.
- Bulk Data Import Upload your existing lease portfolio from Excel templates quickly to get your system up and running without manual data entry.
Thoropass Features
- Automated Evidence Collection. Connect your cloud services and tools to automatically gather the proof you need for audits without manual uploads.
- Continuous Control Monitoring. Monitor your security controls in real-time and receive alerts the moment a control falls out of compliance.
- Integrated Audit Experience. Work directly with in-house auditors who use your platform data to complete certifications faster and more predictably.
- Security Awareness Training. Deploy and track required security training for your employees directly within the platform to meet compliance standards.
- Policy Management. Access a library of pre-built policy templates you can customize and distribute to your team for digital signatures.
- Risk Assessment Tools. Identify and document your organization's security risks using guided workflows that satisfy specific framework requirements.
Pricing Comparison
EZLease Pricing
Thoropass Pricing
Pros & Cons
EZLease
Pros
- Simplifies complex ASC 842 and GASB 87 calculations
- Intuitive interface makes it easy to navigate lease data
- Responsive customer support team helps with technical accounting questions
- Reliable reporting that stands up well to external audits
Cons
- Initial data migration can be time-consuming for large portfolios
- Reporting customization options are somewhat limited on standard plans
- User interface feels slightly dated compared to newer SaaS tools
Thoropass
Pros
- All-in-one approach includes both software and the actual audit
- Highly responsive customer success teams guide you through every step
- Intuitive interface makes complex security frameworks easy to understand
- Automated integrations significantly reduce manual evidence gathering time
Cons
- Initial technical setup requires significant time from your engineering team
- Custom pricing can be higher than software-only competitors
- Limited flexibility if you prefer using an external audit firm