9.2
Editor’s Rating:
Best Overall
LeaseQuery: Dashboard
LeaseQuery
  • Role-based access
  • FASB ASC 842, IFRS 16, and GASB 87 reporting
  • Integrates with any ERP
9.5
Editor’s Rating:
Best for Real Estate Management
Visual Lease: Visual Lease Map
Visual Lease
  • Intuitive and easy to use
  • Compliant with ASC 842, GASB 87, and IFRS 16
  • Modules for additional portfolio compliance
9.0
Editor’s Rating:
Best for CPAs
LeaseCrunch: Add a lease
LeaseCrunch
  • Fast implementation time compared to similar products
  • Simplifies lease data input processes
  • Complies with ASC 842, GASB 87, GASB 96, IFRS 16

Lease accounting software streamlines the management of lease agreements by centralizing financial and compliance data in one platform. We’ve examined 20+ providers across seven metrics to rank the top lease accounting software.

Our advanced review methodology considers factors such as usability, support, scalability, security, value, performance, and the range of features offered.

1 LeaseQuery - Best Overall

Why We Chose It: LeaseQuery is a lease accounting software solution. Essential features include error-free amortization schedules and journal entries, critical date alert setting, and data entry validation. Role-based access and locked journal entries keep your company compliant with FASB ASC 842, IFRS 16, and GASB 87.

Seamlessly integrate with any ERP to improve your accounting intelligence and reporting.

Best Overall:
LeaseQuery

LeaseQuery: Dashboard
LeaseQuery: Journal Entries
LeaseQuery: Reports
LeaseQuery: Amortization Schedule
LeaseQuery: Reports
LeaseQuery: Journal Entries
What We Like
FASB ASC 842, IFRS 16, and GASB 87 reporting
Integrates with any ERP
Role-based access
What We Don’t Like
Lease lookup can be challenging without specific details
Changing lease details after approval can be cumbersome
Overview
Client OS: Web
Deployment: Cloud Hosted

2 Visual Lease - Best for Real Estate Management

Why We Chose It: Visual Lease is an enterprise lease accounting administration software designed for managing real estate and equipment leases. This web-based solution integrates with ERP systems to give you complete control over your business operations.

Manage and maximize every asset in your portfolio all in one place by using Visual Lease to maintain compliance with ASC 842, GASB 87, and IFRS 16 to be audit-ready at all times.


Visual Lease: Visual Lease Map
Visual Lease: Visual Lease Integrations Hub
Visual Lease: Visual Lease Dashboard
Visual Lease: Visual Lease Asset Profile
What We Like
Compliant with ASC 842, GASB 87, and IFRS 16
Intuitive and easy to use
Modules for additional portfolio compliance
Overview
Client OS: Web
Deployment: Cloud Hosted

3 LeaseCrunch - Best for CPAs

Why We Chose It: Designed by CPAs, former Big 4 public accounting auditors, and software development experts, LeaseCrunch is made to simplify the implementation of lease accounting standards, including ASC 842, IFRS 16, and GASB 87. A streamlined interface provides users with journal entries, amortization schedules, and quantitative footnotes at the push of a button, making it an efficient and user-friendly solution for lease accounting compliance.

LeaseCrunch caters to organizations of all sizes, from those with a few leases to those with thousands, across various industries such as hospitals, transportation, retail, hospitality, financial services, non-profits, and governments.

Best for CPAs:
LeaseCrunch

LeaseCrunch: Add a lease
LeaseCrunch: Lease Reporting
What We Like
Fast implementation time compared to similar products
Simplifies lease data input processes
Complies with ASC 842, GASB 87, GASB 96, IFRS 16
What We Don’t Like
Limited report customization
No bulk update options
Pricing specifics unavailable from the vendor
Overview
Client OS: Web
Deployment: Cloud Hosted

4 Lucernex - Best for Retail Management

Why We Chose It: Lucernex is our top lease accounting pick for retailers and franchisors. Its functionality supports real estate and equipment leases, ensuring compliance with FASB ASC 842, IFRS 16, and GASB 87 standards.

Lucernex has market planning and site selection tools, useful for retail expansion and optimization. The platform also offers advanced features like project management, facility management, and lease administration, making it a versatile tool for managing multiple aspects of retail operations.

Lucernex integrates with existing ERP systems, enhancing data accuracy and financial reporting capabilities. Its user-friendly interface and dedicated support team make it a decent choice for retail businesses looking to streamline their lease accounting and management processes.

Best for Retail Management:
Lucernex

Lucernex: Dashboard
What We Like
Customizable workflows, forms, pages, templates
Multi-language support
What We Don’t Like
Some users report lackluster customer support
Users report needing to input the same data in multiple screens
Overview
Client OS: Web
Deployment: Cloud Hosted

5 Occupier - Best for Collaboration

Why We Chose It: Occupier made our list because it streamlines collaboration among real estate, accounting, and lease administration teams. The platform’s unique selling point is its ability to automate lease accounting workflows and enhance team collaboration. This is beneficial for businesses with extensive lease portfolios that require coordination across multiple departments. It also complies with ASC 842, GASB 87, and IFRS 16 requirements.

Additionally, as an integrated workplace management system, Occupier brings together diverse modules like real estate portfolio management, lease administration, space planning, and maintenance into a single, integrated platform. This centralized system fosters team collaboration and provides a full view of the organization’s entire workplace ecosystem, making it a digital concierge for real estate managers.

Best for Collaboration:
Occupier

Occupier: Occupier Lease Administration
Occupier: Occupier Lease Details
Occupier: Occupier Journal Entries
What We Like
Stores documents, surveys, tour books, analyses, plans
Complies with ASC 842 and IFRS 16
Responsive customer support
What We Don’t Like
Some user inputs can be cumbersome
Default sorting in the deal tracker can be inflexible
Proposal summary tool needs improvement
Overview
Deployment: Cloud Hosted

6 Trullion - Best AI-Powered Option

Why We Chose It: Trullion is an AI-driven platform that automates the extraction and management of lease data. It provides real-time visibility into lease portfolios and financial impacts, making it easier for businesses to comply with ASC 842, IFRS 16, and GASB 87 standards. The software’s AI capabilities extend to generating accurate and compliant journal entries, amortization schedules, and disclosure reports.

Trullion leverages AI to calculate Implicit Balance Rate (IBR) instantly across regions, asset classes, or currencies, utilizing an integrated IBR calculation engine. Its AI technology automatically logs detailed data and traces each step with audit logs to verify and track changes for internal and external stakeholders. Finally, Trullion automatically verifies numbers against reporting and compliance requirements using proprietary models and third-party data, identifying discrepancies before they impact the business.

Best AI-Powered Option:
Trullion

Trullion: Contract Tagging
Trullion: Reports
Trullion: Reports
Trullion: Reports
What We Like
Compliant with ASC 842 and IFRS 16
Automated revenue recognition
Real-time reporting
What We Don’t Like
Some users find integrations challenging
Might be cost-prohibitive for smaller businesses
Initial learning curve
Overview
Client OS: Web
Deployment: Cloud Hosted

7 EZLease - Best for Long-Term Compliance

Why We Chose It: EZLease provides fast, simple, and easy lease accounting software for ASC 842, GASB 87, GASB 96 and IFRS 16 . Designed to ensure long-term compliance for lessees and lessors across equipment and real estate assets, EZLease manages and automates the lease data management, accounting, and reporting processes.

With over 15 years of implementations across private, government and public organizations of all sizes, EZLease has no implementation costs and guarantees long-term compliance in hours.

Best for Long-Term Compliance:
EZLease

EZLease: ASC 842 Compliance
EZLease: GASB 87 Compliance
EZLease: Importing Spreadsheet Data
EZLease: Lease Number Spreadsheet
EZLease: Configuration for ASC 842 Compliance
What We Like
ASC 842, GASB 87, GASB 96 and IFRS 16 compliant
Covers equipment and real estate assets
Customer-first support
What We Don’t Like
Reports require verification
Extending or revising a lease is not intuitive
Overview
Price Range: $$
Starting Price: $4,000/year
Client OS: Windows
Deployment: On-Premises

8 Leasecake - Best Integration Options

Why We Chose It: We added Leasecake to our list because it provides extensive integration options. These include NetSuite, Sage, QuickBooks, and Restaurant 365. This helps streamline financial tracking, compliance, risk management, and renewal and negotiation analysis.

Leasecake’s core features include its meticulous data extraction from leases and a deal projects module for managing pre-lease execution steps. It offers a modern and intuitive interface, along with lease abstraction services. Additionally, the platform demonstrates fast and responsive performance and integrates seamlessly with popular accounting software, making it a versatile tool for businesses with multiple locations.

Leasecake has a flexible pricing model based on the number of locations and additional services like lease abstraction and triple net reconciliations provide scalability and customization options for businesses of varying sizes and needs.

Best Integration Options:
Leasecake

Leasecake: Assets Filtered
Leasecake: Single Accounting
Leasecake: Single Lease
Leasecake: Contracts
Leasecake: Assets
What We Like
Modern and intuitive interface
Provides lease abstraction services
Deal projects functionality
What We Don’t Like
Pricing requires consultation call
Not ideal for office and government entities
Incompatible with private companies
Overview
Price Range: $$
Starting Price: $6/location/month
Client OS: iOS, Android, Web
Deployment: Cloud Hosted

9 LeaseAccelerator - Best for Enterprises

Why We Chose It: We picked LeaseAccelerator because it’s a good fit for large organizations managing anywhere from under 10 to over 150,000 leases. The software offers detailed reporting capabilities for global operations. These include full reports for lease data, accounting, and management, with many built-in controls that ensure data integrity and compliance.

Overall, LeaseAccelerator streamlines lease management throughout its lifecycle and ensures compliance with both US GAAP and IFRS standards. One of its strengths is its asset-level accounting and audit trail documentation, which is crucial for audit readiness. It simplifies real estate lease administration with centralized contract management, rent payment tracking, and the ability to monitor contract modifications and rent changes.

Best for Enterprises:
LeaseAccelerator

LeaseAccelerator: Dashboard
LeaseAccelerator: My To-Do List
LeaseAccelerator: Deal Summary Page
What We Like
Offers full reports for lease data, accounting, and mangement
Standardized contractual lange for RFPs
Automated error messages prevent duplicate leases
What We Don’t Like
Pricing information not provided by the developer
New users require training
Report generation can take time
Overview
Client OS: Web
Deployment: Cloud Hosted

10 Spacebase - Most User-Friendly Option

Why We Chose It: Spacebase offers a user-friendly interface and feature-rich platform that digitizes and centralizes lease portfolios. We found the software easily navigable, with easy-to-use forms and templates for data entry and document creation.

Spacebase also provides essential functionalities like journal entries, required disclosures, lease classification, critical date notifications, option tracking, and payment management. Additionally, the ability to calculate ROU assets and lease liabilities, create amortization schedules, and integrate with ERP systems ensures comprehensive lease accounting support.

Spacebase is suitable for companies seeking to comply with ASC 842, IFRS 16, and GASB 87 lease accounting standards. Pricing starts at $300 per month per user and a free trial is available.

Most User-Friendly Option:
Spacebase

Spacebase: Dashboard with Alerts and Critical Dates
What We Like
Mobile-optimized platform
ASC 842, IFRS 16, and GASB 87 standards
Responsive customer service
Overview
Price Range: $$$
Starting Price: $300/month
Client OS: Web
Deployment: Cloud Hosted

What is Lease Accounting Software?

Lease accounting software keeps track of the income and expenses primarily involved in equipment and property rental businesses. The accounting system will track payments made, send invoices, and create financial reports. These solutions are most commonly used by real estate professionals and equipment rental companies that need to ensure their financial records comply with FASB and IASB standards.

Staying in line with the new FASB and IASB standards requires complex calculations to determine which leases need to be included on the balance sheet. Lease accounting software streamlines these calculations, ensuring you’re reporting in compliance with each standard. Having an up-to-date solution will keep you compliant even as the standards change over time.

Many lease accounting solutions can also store lease data. This allows you to keep tabs on lease terms, renewal deadlines, and lessee contact and payment information.

Features of Lease Accounting Software

Feature Description
Financial Accounting Record rental income and business expenses.
Billing and Invoicing Create and send invoices for rental payments. Set up recurring invoices for regular payment installments.
Financial Reporting Create reports in accordance with ASC 842 and IFRS 16 standards.
Lease Management Store lease data including terms, asset descriptions, and lessee information.

Financial Management in Lease Accounting Software

Lease accounting software manages the financial side of your rental business. The system will keep track of all rental income. Payment schedules can be set up to be automatically withdrawn from the customer’s bank account or charged to a credit card on a certain date. Additional charges can also be added for security deposits and late fees.

Lease accounting software also assists with budgeting. Rental businesses need to track expenses like bank fees, maintenance and repair expenses, legal fees, and more. The system will also track revenue from rental payments, late fees, and security deposits. Compare the estimated budget to your actual financials during a set period to ensure you’re making a profit and meeting your financial goals.

Enhanced budgeting in SKYLINE Property Management
Enhanced budgeting in SKYLINE Property Management software.

What is the Latest Lease Accounting Standard?

Your lease accounting solution will ensure existing leases and new leases are reported correctly in accordance with a variety of domestic and international accounting standards. Two of the latest and most important standards are the FASB ASC 842 and IFRS 16.

FASB ASC 842

The Financial Accounting Standards Board (FASB) released an update to ASC 840 known as ASC 842. Lease accounting systems help create ASC 842 compliant reports including amortization of right-of-use (ROU) assets, cash flows, interest on lease liabilities, variable lease cost, complete disclosures reports, and more.

Lease classification is very similar in the new FASB ASC 842 standard compared to ASC 840.

Both standards classify leases as either a financial lease (capital lease) or an operating lease. Previously, operating leases were not required to be recorded on the balance sheet. In ASC 842, any lease longer than a 12-month term limit needs to be reported on your balance sheet–including operating leases.

Defining an operating lease and capital lease under ASC 842:

  Operating Lease Capital Lease
Asset ownership is transferred to the lessee at the end of the term. No Yes
Option to purchase the asset for under fair market value after the lease term ends. No Yes
The lease term is a major part of the economic life of the leased asset. No Yes
The minimum lease payments are a substantial part of the asset’s fair market value. No Yes

Public companies were required to implement the new standards from ASC 842 in December 2018, while private companies followed suit on December 15, 2019.

Accounting classification analysis in LeaseAccelerator
Accounting classification analysis in LeaseAccelerator.

IFRS 16

IFRS 16 is a new standard from the International Accounting Standards Board (IASB). Lease accounting software ensures your reports are compliant with these international standards. Under IFRS 16, assets valued over $5,000 and lease terms over 12 months must be included on the balance sheet. However, short-term leases and low-value assets still need to be disclosed.

The IFRS 16 lease standard went into effect for reporting periods starting on or after January 1st, 2019. This standard replaced IAS 17 to improve balance-sheet transparency. Previously, many leases that were considered operating leases could be left off of the balance sheet, while finance leases were required. IFRS 16 treats almost all leases as finance leases and virtually removes lease classification.

IFRS 16 reports in LeaseQuery
IFRS 16 reports in LeaseQuery include amortization of ROU assets, cash flows, interest on lease liabilities, weighted average discount rates, and weighted average lease terms.

Portfolio-Level vs. Asset-Level Lease Accounting

Lease accounting software can record transactions on a portfolio-level or asset-level basis. In portfolio-level lease accounting, transactions for a single lease contract are reported as a whole. This type of accounting is ideal for leases with only one asset per contract.

Asset-level lease accounting keeps track of every individual asset stated on a contract. For example, one lease contract that contains multiple segments or offices within a building. Both ASC 842 and IFRS 16 require each asset within a lease contract to be included in financial statements.

Lease Management Software

Lease accounting software often integrates with lease management and lease administration software to form an all-in-one solution. The lease management system helps you keep track of and maintain lease portfolios, tenants and customers, documents, deadlines, and more.

Lease data stored within the system can be updated easily. Important information like lease term length, rate, expiration, and tenant or customer information is stored within the solution. Lease contracts and other important documents can also be added, so you can easily pull them up as needed.

The system will automatically notify you of upcoming deadlines and other important dates. For example, if a payment is missed or a lease contract is coming up for renewal, the system will send you a notification.

Lease Accounting vs. Lease Management

Many solutions also include lease management as part of the accounting system. Lease accounting software allows you to create reports for public financial disclosures, as well as record income and expenses. Lease management software, on the other hand, tracks lease details and automates lease renewals, termination processes, and buyouts. Having both lease accounting and lease management in one system ensures you meet all accounting standards and keeps track of lease terms in one place. Your lease management system can automatically update the accounting side when leases are signed, renewed, or ended.

Lease renewal management in AMSI Property Management Solutions
Lease renewal management in AMSI Property Management Solutions.

Types of Leases to Manage with Lease Accounting Software

Lease accounting software is beneficial to anyone that rents out their assets. Some leases you can manage with lease accounting software include:

Residential and Commercial Real Estate Leases

Real estate lease accounting software keeps track of rental income from commercial properties, apartments, duplexes, and other property rentals. The system will also store lease agreements, so you can keep track of agreed-upon terms. Lease software will also notify you of any late payments, termination of contracts, and lease renewal deadlines.

All-in-one property management software can also be used for either commercial or residential real estate leasing. These solutions handle accounting, tenant management, work order management, and more.

Equipment Leases

Advanced lease management software can have features like GPS tracking and asset management. This allows you to track the location of your equipment in real-time. The condition of your equipment is also stored within the system. Knowing when your equipment was serviced and important upcoming dates for preventative maintenance will keep your equipment running longer.

Industry-specific software is also available–these include equipment rental software and fleet management software. These solutions feature lease management, accounting, asset tracking, and more.

Employment and Service Contracts

Lease accounting software helps businesses keep track of income and expenses from contracted services. For example, small to medium-sized businesses sometimes contract out work through a professional employer organization (PEO). The PEO, also known as an employee leasing company, contracts out employees to help businesses with tasks like training, payroll processing, recruiting, and performance management.

The lease accounting software will track payments from the business for services rendered, as well as contractual agreements. If money was spent on additional equipment for the service, those costs can be factored into the total cost for the final invoice.

All Products

No products found
LeaseQuery Screenshot

LeaseQuery

★★★★★
★★★★★
(15)
LeaseQuery is a lease management software that simplifies accounting for various financial reporting standards like FASB ASC 842, IFRS 16, and GASB 87. It helps companies track leases, get alerts for renewal deadlines, and provide journal entries and financial disclosures. LeaseQuery also calculates straight-line amortization and prevents overpayment of rent. Overall, the platform offers features like reconciliation support and ROU asset and lease liability calculation.
Client OS
Web
Deployment
Cloud Hosted
Visual Lease Screenshot

Visual Lease

★★★★★
★★★★★
(3)
Visual Lease is a cloud-based software that provides lease accounting features such as reporting, alerts, and advanced functions like CAM analysis and ledger integrations.
Client OS
Web
Deployment
Cloud Hosted
LeaseCrunch Screenshot
LeaseCrunch is a lease accounting software designed to streamline the process of managing and reporting leases. It simplifies the input of lease data. It also aids in complying with accounting standards like ASC 842, GASB 87, GASB 96, and IFRS 16. The software offers guided steps for inputting lease terms, calculating adjusting entries, and provides support with technical documentation and access to accounting experts. Costs include the base pricing configuration (annual fee, cost per user, or cost per lease), training and support services, and the functionality included in the base solution.
Client OS
Web
Deployment
Cloud Hosted
Lucernex Screenshot

Lucernex

Lucernex is a lease administration and accounting solution developed by Accruent. This software assists with managing real estate and equipment leases, maintaining FASB and IASB compliance, and mitigating risk. Lucernex gives businesses a single source that provides better transparency into their lease portfolios. The software can also integrate lease data with your existing ERP system. Real Estate and Equipment Lease Accounting; Lease Administration; Multi-Currency and Multi-Lingual Support;
Client OS
Web
Deployment
Cloud Hosted
LeaseAccelerator Screenshot

LeaseAccelerator

★★★★★
★★★★★
(2)
LeaseAccelerator is an enterprise lease lifecycle management software that offers a comprehensive solution for managing real estate and equipment leases. It helps ensure long-term compliance, improve operational efficiency, and free up cash flow. The software is particularly known for its data management and automation capabilities, supporting a vast number of leases and assets globally. It manages and automates hundreds of thousands of leases, valued at billions of dollars, across numerous assets in various countries.
Client OS
Web
Deployment
Cloud Hosted
Occupier Screenshot

Occupier

Occupier is a lease management software for real estate and brokerage teams. Key features include transaction management with deal tracking, document organization, and collaboration tools to ensure smooth deal progression and closure. It also handles lease management for tracking critical lease dates and handling lease administration. Occupier also provides lease accounting tools for compliance with standards like ASC 842 and IFRS 16.
Deployment
Cloud Hosted
Trullion Screenshot

Trullion

Trullion uses AI to automate accounting workflows to save time, improve accuracy, and accelerate compliance. Manual data entry, spreadsheets, and PDFs cost Accounting Teams valuable time and puts them at risk for critical errors. Efforts to streamline these processes often create more siloes than before, while regulatory environments are becoming increasingly more challenging. With Trullion, CFOs, Controllers, and Auditors leverage modern technology to extract data from source documents and
Client OS
Web
Deployment
Cloud Hosted
EZLease Screenshot
EZLease is a lease accounting software designed to ensure long-term compliance with various standards such as ASC 842, GASB 87, GASB 96, and IFRS 16. It has the ability to handle both real estate and equipment leases for lessees and lessors. EZLease provides a centralized lease database, automated validation, and push-button accounting and disclosures reporting. Its capability to load and update leases in bulk or individually, along with automated lease data management and reporting processes, makes it a solid choice for businesses looking to streamline their lease accounting operations.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$4,000/year
Client OS
Windows
Deployment
On-Premises
Leasecake Screenshot

Leasecake

★★★★★
★★★★★
(1)
Leasecake is a lease management software featuring a modern UI with clean, simple dashboards. It’s a cloud-based SaaS solution that captures licenses, permits, assets, franchise agreements, and more in one platform.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$6/location/month
Client OS
iOS, Android, Web
Deployment
Cloud Hosted
Spacebase Screenshot

Spacebase

★★★★★
★★★★★
(2)
Spacebase is a user-friendly lease management and lease accounting platform. This software digitizes and centralizes your lease portfolio and make it easy to comply with the ASC 842, IFRS 16, and GASB 87 lease accounting standards. The feature rich but easy-to-use software includes journal entries, required disclosures, lease classification, critical date notifications, option tracking, rent and opex payment management, transaction management, and custom accounting and real estate reporting.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$300/month
Client OS
Web
Deployment
Cloud Hosted
iLeasePro Screenshot
iLeasePro is a cloud-based lease accounting software that helps lessees and tenants manage leased assets and perform accurate lease accounting.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$99/month
Client OS
Web
Deployment
Cloud Hosted
UGAAP Screenshot

UGAAP

★★★★★
★★★★★
(4)
UGAAP is a lease accounting software solution for lessees and lessors, designed for both cloud-based and on-premise use. UGAAP includes standard lease accounting features like journal entries, amortization schedules, and disclosure reports.
Starting Price
$4,800 (perpetual license)
Client OS
Windows, Web
Deployment
Cloud or On-Premises
Cradle Accounting Screenshot

Cradle Accounting

★★★★★
★★★★★
(7)
Cradle Accounting is an efficient lease accounting software designed to cater to businesses of varying sizes and industries.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$79/month
Client OS
Web
Deployment
Cloud Hosted
Bloomberg Tax & Accounting Leased Assets Screenshot

Bloomberg Tax & Accounting Leased Assets

Built by accountants for accountants, Bloomberg Tax & Accounting Leased Assets provides accurate classification, accounting, and reporting for leased assets under the standards IFRS 16 and ASC 842. A SaaS solution, Leased Assets integrates with ERP systems and streamlines your workflow. Transition Accounting from ASC 840 to ASC 842 and IAS 17 to; IFRS 16 reduces the risk of errors and financial discrepancies.; Automated Lease Classification of operating or finance leases; streamlines adoption
Client OS
Web
Deployment
Cloud Hosted
Soft4Lessee Screenshot

Soft4Lessee

Soft4Lessee is a lease accounting software that can be purchased as a subscription-based (SaaS) solution hosted in the cloud or on-premise. This solution handles all of the complex calculations to ensure your leases meet the IFRS 16 and ASC 42 standards. Soft4Lessee handles remeasurement, data management, accounting, and more. Data Import/Export; Lease Agreement Data Management; Remeasurement; IFRS 16 Reports; Lease Liability Accounting; Right of Use Asset Accounting; Lease Modification
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$99/month
Client OS
Windows, macOS, Web
Deployment
Cloud or On-Premises
CoStar Real Estate Manager Screenshot

CoStar Real Estate Manager

★★★★★
★★★★★
(1)
CoStar Real Estate Manager is a lease accounting software. Key features include lease analysis, categorization capabilities, and support for lease accounting standards. It streamlines lease management processes, from data importation to rent calculation, and offers tools for data management and audit trails. CoStar Real Estate Manager provides a data import tool, customizable charges, multi-currency conversion, and a rent calculation module.
Client OS
Web
Deployment
Cloud Hosted
AMTdirect Screenshot

AMTdirect

★★★★★
★★★★★
(3)
AMTdirect is a lease accounting and administration software that manages real estate and equipment leases. It ensures compliance with FASB standards and improves process controls. AMTdirect offers features like customer system configuration, accounting system integration, and expense management​.
Client OS
Web
Deployment
Cloud Hosted
TURBO-Lease Screenshot

TURBO-Lease

TURBO-Lease is a lease accounting program capable of processing all types of equipment and vehicle lease portfolios. Designed for use on Microsoft Windows, it is easy to use, yet its power, flexibility, and completeness surpass those costing many times its price. TURBO-Lease offers complete receivable administration including billing, ACH processing and aging of lease payments, late charges, property taxes, insurance charges, and sales and use taxes. Monthly accounting reports provide accurate
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$25/month
Client OS
Windows
Deployment
On-Premises
Odessa Platform Screenshot

Odessa Platform

★★★★★
★★★★★
(1)
Odessa Platform is a comprehensive lease management software suite designed primarily for leasing companies. Its suite of configurable modules fully automates and customizes the operations of leasing companies. The software is built as a singular platform on a single database, enabling both internal and external stakeholders to access a unified source of information across all leasing functions. This design eliminates the need for integrating disparate systems, thus streamlining operations.
Client OS
Windows, Web
Deployment
Cloud Hosted
MRI ProLease Screenshot

MRI ProLease

★★★★★
★★★★★
(1)
MRI ProLease is a software tool designed for lease administration and lease accounting. It offers dual functionality as both an administrative database and an accounting tool, allowing multiple teams to access it with appropriate security measures. It also supports recent changes to FASB and IASB guidelines to ensure complaince with ASC 842/IFRS 16. MRI ProLease integrates with MRI Contract Intelligence to collect data from relevant contracts and other legal documents.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Web
Deployment
Cloud Hosted

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