Your lease register and your assets in the field should not tell different stories.
When PRs, POs, invoices, GRNs, schedules, payments and physical assets are maintained by different teams, every review becomes a reconciliation exercise. ServiceTiket LeaseOps keeps the obligation, individual asset, field evidence and next action connected across lessors and locations.
Two markets, separate operating problems
Choose the view that matches your organisation
A lessee needs control across all lessors. A lessor needs control across customers, vendors, schedules and assets.
I manage leased assets for my organisation
Control a portfolio across lessors, entities, asset classes and distributed locations.
Explore the lessee path →For equipment lessorsI provide equipment leasing to corporate customers
Configure post-sanction operations across vendors, schedules, assets, servicing and end term.
Explore the lessor path →One connected record
Follow the obligation and the physical asset together
ServiceTiket does not stop at a contract calendar. It carries the commercial, finance and operational context through the full asset lifecycle.
Control paths
Start with the workflow causing the reconciliation burden
Procurement to activation
PR, PO, vendor, invoice, GRN, asset identity and commencement review.
ExploreAsset-level traceability
Connect contract totals to serialised equipment, locations and field evidence.
ExploreFinance and accounting records
Lease registers, liability, ROU, payment and expense records for review.
ExplorePayments and reconciliation
Compare schedules, invoices and recorded payments; route differences for action.
ExploreField audits
Verify identity, location and condition; assign and close exceptions.
ExploreMovement documentation
Preserve approvals, custody, transport references and destination receipt.
ExploreModifications and end term
Control changes, renewals, returns, exchanges, recoveries and buyouts.
ExploreLease register
Bring terms, balances, assets, payments, evidence and open actions together.
ExploreLease accounting learning centre
Understand the accounting logic without losing operational reality
India comes first through Ind AS 116. International reporting requirements are covered when the organisation needs IFRS 16 or ASC 842.
Why lease accounting is needed
A plain-English guide to the right-of-use asset, lease liability and the operating evidence behind them.
02Ind AS 116 lease operations
The primary India finance path, connecting approved policy inputs to procurement, assets and payments.
03Ind AS 116, IFRS 16 and ASC 842
A practical reporting-context comparison for Indian and international groups.
04Lease data: contract to asset
The source records and ownership decisions required before migration or calculation.
05Lease events after commencement
The operational records behind changes, exchanges, returns and buyouts.
Further reading
Go deeper on control and finance questions
CFO guide to lease records
A finance view of source records, schedules, evidence and review responsibilities.
ExploreFive lease-control gaps
Questions to test when lease, asset, payment and end-term records do not reconcile.
ExploreLease versus purchase
See what can be shared and what needs a separate workflow for owned and leased assets.
ExploreReal operating workflows
Different assets create different hand-offs
Each industry page follows a verified workflow and uses labelled illustrative examples. It does not imply a named customer or guaranteed outcome.
Cold-chain equipment
Freezers, coolers and cold-chain assets placed across outlets and distribution networks.
ExploreRetail and merchandising
Display, vending and placed assets connected to customers, outlets and agreements.
ExploreIT equipment leasing
Devices and infrastructure connected to users, sites, schedules, refresh and return.
ExploreATM and POS networks
Distributed financial equipment across branches, merchants and service partners.
ExploreMedical equipment
Equipment across hospitals, clinics and diagnostic facilities from installation to end term.
ExploreWarehouse and industrial
Material-handling and industrial assets across sites, movements and obligations.
ExploreStart with one real record
Map the gap between your lease register and asset reality.
Bring an anonymised lease schedule, asset register, GRN or field-audit record. We will map the hand-offs and propose a relevant demonstration scope.
Request a LeaseOps control assessment