The Best Lease Management Software

Get the best software for your business. Compare product reviews, pricing below.

Talk with a software advisor
Talk with an advisor
Get a free consultation from an independent expert.
Or, call toll-free: (800) 827-1151
Talk with a software advisor
Talk with an advisor

Popular Products

No products found
Soft4Leasing Screenshot

Soft4Leasing

★★★★★
★★★★★
(1)
Soft4Leasing is a lease management system that handles everything from initial quote to contracting and reporting. The solution features leased asset management, applicant management, lease origination, credit scoring automation, document management, eSignatures, and more. Soft4Leasing can be used to manage a variety of leases for equipment, automotive, real estate, and capital loans. @youtube Lease Origination; Applicant Management; Leased Asset Management; Credit Scoring Automation; Document
Client OS
Windows, Web
Deployment
Cloud or On-Premises
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
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
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
LeaseQuery Screenshot

LeaseQuery

★★★★★
★★★★★
(15)
LeaseQuery is a FASB ASC 842, IFRS 16, and GASB 87 lease accounting software solution. Essential features include error-free amortization schedules and journal entries, critical date alert setting, and data entry validation.
Client OS
Web
Deployment
Cloud Hosted
LeaseAccelerator Screenshot

LeaseAccelerator

★★★★★
★★★★★
(2)
LeaseAccelerator helps clients manage the lease lifecycle and drive digital finance transformation across real estate and equipment leases. Thousands of users rely on LeaseAccelerator’s SaaS solution to optimize and manage their leasing process. From audit-ready lease accounting compliance with integrated monthly closes to sourcing with PureLease Marketplace and end of term (EoT) management, LeaseAccelerator delivers ROI throughout the lease lifecycle.
Client OS
Web
Deployment
Cloud Hosted
PropertyZar Screenshot

PropertyZar

PropertyZar is a cloud-based property management software solution designed for residential and commercial real estate property managers. This system makes it easy to manage properties from tenant screening to work order management and online payment collection. Owner Statements; Management Fee Reports; Management Fee Invoices; Appointment Scheduler; Communication Tracking; Auto Syndication of Properties; and Custom Websites. Online Payments; Late Fee Calculation; Progressive Rent Increases; and
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$35/month
Client OS
Web
Deployment
Cloud Hosted
Nakisa Lease Administration Screenshot

Nakisa Lease Administration

★★★★★
★★★★★
(1)
Nakisa Lease Administration is a lease accounting and management solution that ensures your lease data is in one centralized location. This solution manages lease portfolios, streamlines accounting, and gives you better insights into financial data. This system can help you manage real estate and equipment leases. With Nakisa, companies can gain full visibility into HR and finance operations to make agile, informed business decisions. Nakisa powers global business operations for more than 900
Client OS
Web
Deployment
Cloud Hosted
360 Property Manager Screenshot
In today’s economy, the challenges of Property Management can be overwhelming and exhausting. Under the pressure of tightening margins; every penny must be accounted for. You must keep costs low and occupancy high, making sure leases are on favorable terms while scrutinizing maintenance schedules and contractors performances. In addition, you must calculate recoverable expenses, track deals and manage complex leases. With 360 Property Manager©, you get the Property Management expertise you have
Client OS
Web
Deployment
Cloud Hosted
MRI ProLease Screenshot

MRI ProLease

★★★★★
★★★★★
(1)
ProLease Real Estate and Facilities Management software is comprised of four integrated modules that are extremely powerful yet, very easy to use. These best-in-class solutions work together seamlessly or may be implemented separately. Since 1991, ProLease has developed entirely in-house through industry experience and most importantly, customer feedback. The ProLease Lease Administration software helps organizations manage their leased, owned and subleased properties in one integrated system.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$6,000/year
Client OS
Web
Deployment
Cloud Hosted
AMTdirect Screenshot

AMTdirect

★★★★★
★★★★★
(3)
AMTdirect is a web-based solution that is ready to use and requires no implementation services to set up. Companies with over 50 real estate portfolios use AMTdirect to save money and improve the life-cycle management of their real estate assets. This complete real estate solution provides software and consulting services to enable companies to actively manage their real estate assets intelligently and efficiently. Real estate management is not an easy task. Creating an environment where all
Client OS
Web
Deployment
Cloud Hosted
CoStar Real Estate Manager Screenshot

CoStar Real Estate Manager

★★★★★
★★★★★
(1)
CoStar Real Estate Manager is a suite of solutions that assists with both real estate management and lease management. Having access to accurate real estate and lease data will help you make better business decisions. This solution will ensure your business complies with all FASB and IASB accounting regulations. With CoStar Real Estate Manager, you’ll be able to run reports, create journal entries, and more. Lease Accounting; Lease Administration; Portfolio Management; Portfolio Planning;
Client OS
Web
Deployment
Cloud Hosted
AppFolio Property Manager Screenshot

AppFolio Property Manager

★★★★★
★★★★★
(4)
AppFolio Property Manager is a cloud-based software built for managing residential properties, commercial properties, and community associations. Businesses can manage anywhere from 50 properties to thousands of properties.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$0.80/unit/month
Client OS
Web
Deployment
Cloud Hosted
Buildium Screenshot

Buildium

★★★★★
★★★★★
(1)
Buildium is a cloud-based property management software that helps businesses manage rental properties located in over 50 countries. The software can manage 5000 (or more) rental properties including residential, commercial, student housing, affordable housing, and community associations.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$47/month
Client OS
iOS, Android, Web
Deployment
Cloud Hosted
SimplifyEm Screenshot

SimplifyEm

★★★★★
★★★★★
(7)
SimplifyEm is 50% off your first 3 years! SimplifyEm is a residential property management software solution designed for small and mid-sized property managers and landlords. The cloud-based solution offers property accounting, tenant management, lease tracking, bank reconciliation, and maintenance scheduling and vendor management. SimplifyEm provides everything needed to save time and money running your property management business. This includes managing properties such as rental income,
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$25/month
Client OS
Web
Deployment
Cloud Hosted
RenTec Screenshot

RenTec

★★★★★
★★★★★
(2)
RenTec from RenTec Direct, designed for professional property managers, includes all the tools necessary for a professional property management firm to manage and track unlimited properties, owners, and tenants. RenTec is easy to learn and requires no complex manuals or training. You and your employees can be up to speed literally in minutes. Depending on the size of your portfolio, RenTec offers “RenTec Pro” for landlords and apartment owners and “RenTec PM” for propery managers who work for
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$40/month
Client OS
Web
Deployment
Cloud Hosted
MRI Commercial Suite Screenshot

MRI Commercial Suite

★★★★★
★★★★★
(2)
MRI Commercial Suite is a standard in Commercial Property Management Software for corporate real estate departments and property managers. MRI Commercial Management improves internal efficiencies and provides precise information that delivers deep visibility into past and future performance, and enhances decision-making on an ongoing basis for owners and managers of office, retail and industrial properties. MRI Commercial Property Management will help you optimize the profitability of your
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Client OS
Windows, Web
Deployment
Cloud Hosted
SKYLINE Property Management Software Screenshot

SKYLINE Property Management Software

★★★★★
★★★★★
(3)
SKYLINE Property Management software sets the industry standard for excellence in commercial, retail, residential and industrial property management. SKYLINE allows you to capture a wealth of historic, present and future data for all properties. It functions as both a dynamic lease management and powerful accounting system. SKYLINE Property Management Software is designed around three basic principles: improving your property performance, increasing your returns to investors, and exceeding
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$1,000 (perpetual license)
Client OS
Windows
Deployment
On-Premises
OnCite Screenshot
OnCite addresses both your strategic and tactical real estate needs. This system is the most comprehensive, flexible and collaborative property management software solution available today. Deep Forest’s solutions include Requirements Gathering, Customization, Conversion, Integration, Testing, Training, Support, System Hosting (if desired), and more. OnCite Accounts Receivable allows you to manage all receivables through an integrated billing and fund management system. This system can handle
Client OS
Windows
Deployment
Cloud Hosted
LeaseCrunch Screenshot
Named by Accounting Today as a top new product of 2019, LeaseCrunch provides an easy-to-use, cloud-based lease accounting software for CPA firms and their clients, helping organizations implement the new lease accounting standards, ASC 842, IFRS 16 and GASB 87. Designed by CPAs, former Big 4 public accounting auditors, software development veterans and a former member of the FASB staff, the application streamlines implementations through a simple customer interface that delivers the journal
Client OS
Web
Deployment
Cloud Hosted

We searched and searched, but we couldn’t find any products in our database that match your criteria. Perhaps our team of software experts can help? They’d be happy to provide a list of free the best lease management software recommendations that meet your exact requirements.

Sort by 
Filter by User Rating
Filter by Price Range
Filter by Deployment
Filter by Client OS
LinkedIn
Buyer’s Guide

What Is Lease Management Software?

Lease management software (also known as lease administration software) allows property managers and rental businesses to track lease data, automate renewals, manage applications, store financial and legal documents while managing leased assets. The software is most often used for managing commercial or residential real estate property rentals, although it’s also popular for controlling equipment leases. Some solutions can be used for managing employment or service contracts.

Lease management typically goes hand in hand with lease accounting solutions to streamline control over your entire lease lifecycle. Lease management software keeps track of lease details, automates renewals, and manages lease terminations and buyouts. Lease accounting software tracks income and expenses and creates reports in accordance with Financial Accounting Standards Board (FASB), Governmental Accounting Standards Board (GASB) and International Accounting Standards Board (IASB) standards. User-friendly, integrated solutions with facilities management and lease accounting allows you to track lease terms and meet accounting standards from one place.

Key Features of Lease Management Software

Feature Description
Document Management Create lease abstraction templates, store signed lease agreements and clauses, and other important documents like service contract agreements, tax forms, maintenance requests, and renters insurance information.
Date Tracking Track lease start dates and expiration dates, as well as other critical dates like past due payment dates. Receive automatic notifications and alerts for upcoming expiration or overdue rent payments.
Application Management Manage application submissions, screen applicants, and create custom application forms.
Leased Asset Management Track the condition and preventative maintenance details for leased assets.
Property Management Manage income and expenses involved in managing both residential and commercial properties, such as rent collection and maintenance.
Marketing Improve occupancy rates by advertising online to find new tenants or customers faster than through traditional outreach methods.
Reporting Review information on current and past lease data to find opportunities for improvements in rent collection, occupancy, maintenance request fulfillment, or portfolio management.
Applicant management in Buildium
Applicant management in Buildium shows application name and contact information, application status, and review status.

Types of Lease Management Software

Lease management software is used by a variety of businesses as an all-in-one way to manage their lease data including:

Residential and Commercial Real Estate Lease Management Software

Real estate professionals use lease management software for single-family and multifamily properties, commercial properties, and other property rentals. The software will store lease information including contract agreements, expiration dates, tenant contact information, rental payment due dates. Automatic notifications can be sent out to tenants for upcoming renewals and reminders to pay overdue rental payments.

When it comes to residential properties, software can account for both single- and multi-family leases. Lease management can also assist commercial real estate owners when serving multiple renters. Systems can integrate with full property management software solutions which include modules for work orders, accounting, and more.

Equipment Lease Management Software

Lease management software stores lease information, as well as data about all types of leased assets including tools, vehicles, machinery, and more. Details like the current condition of your equipment and customer contact info can all be stored within your system. Advanced software even has GPS tracking to determine the real-time location of your equipment.

Depending on the exact scope of your business, you may want to consider including fleet management software and equipment rental software to build a more robust lease management system.

Employment and Service Contract Software

Finally, lease management software can help businesses manage lease data for employment and contracted services. The software will store 1099 forms and signed contractual agreements, as well as information about the contracted employee or service such as employee contact information, service rates, and description of services rendered.

Service calendar in Core Property Management
Use the asset management service calendar in Core Property Management.

Best Lease Management Software Benefits

Adding software to your lease tracking practices can provide many long-term benefits to your operations.

Effective Document Management with Lease Management Software

Manually managing leases can lead to a lot of problems. To start, physical lease documents are prone to being lost or damaged far more easily than their digital counterparts. Lease management software allows you to create new lease agreements, store important documents, and manage lease information. The streamlined solution makes it easy for real estate managers to create new templates and modify existing ones within your lease portfolio, saving you time on drawing up paperwork for new tenants in the future.

Important lease documents from renters, customers, and contracted employees can be uploaded and stored securely within the system. These documents include renters insurance, pet and vet records, signed agreements, asset condition documents, 1099 and other tax forms, and more.

Software also tracks expiration dates and rental payment due dates. When renewals or payments are due, the system will automatically send out email notifications to your customers to encourage timely responses.

Residential lease agreement in Rentec PM
Try editing a residential lease agreement with Rentec PM software.

Application Management with Lease Management Software

Some lease management solutions allow businesses to accept rental applications online with a customizable application form. The form can collect applicant information like contact info, social security numbers, and addresses of previous residences. Potential renters can also upload documents for proof of income, asset documents, recommendation letters, and even pet veterinary records. If required, the potential renter can then pay the application fee right from the form, greatly reducing overall paperwork for everyone involved.

Lease management software also assists with tenant screening. Pre-screening tools can provide basic background checks for criminal activity, evictions, and credit issues, as well as verify employer information. Some tools can also screen an applicant’s social media accounts for potential behavioral issues.

Additional Lease Software Options

Lease management solutions can be paired with other software to provide even more ways to manage your workflow:

Leased Asset Management

Lease management software keeps records of your leased assets including who is using the asset, the condition of the asset before and after use, and important preventative maintenance deadlines. Keeping track of an asset’s condition before and after being rented is important for determining if any damage occurred while in use.

The software can also notify you when preventative maintenance is due. Keeping your leased assets well-maintained allows you to continue renting them out, improving your ROI and keeping your clients happy with working equipment or vehicles.

Lease Accounting Software

Lease management software often integrates with lease accounting software or at least includes basic accounting functionality. The accounting solution providers allow equipment and property rental businesses to record their rental income and business expenses, invoice renters, and create financial reports.

Financial reporting is especially important for rental property owners in order to be compliant with domestic and international lease accounting standards. The most recognized standards are GASB 87, the IASB IFRS 16, and the FASB ASC 842, all of which determine what types of leases need to be recorded on the balance sheet.

Journal Entries in LeaseQuery
The Journal Entries in LeaseQuery provides lease information including the type of lease, regulatory compliance, debits and credits, and more.

Lease Management Pricing Guide

Lease management software pricing generally depends on how you want to deploy your system and how many users or leases you need. On-premise software often requires a one-time installation fee, along with some costs related to training or maintenance. SaaS plans range from monthly to annual subscription payments, ranging from $25 per month to $50 per month.