iLeasePro Pricing, Features, Reviews & Comparison of Alternatives

iLeasePro

SaaS Lease Management and Lease Accounting ASC842 Solution

5.0/5 (2 reviews)

iLeasePro overview

What is iLeasePro?

iLeasePro is a cloud-based Lease Management and Lease Accounting solution specifically developed for Lessees or Tenants of Real Estate and Equipment leases. iLeasePro has been developed by experienced real estate and accounting professionals not only to address the upcoming ASC 842 Lease Accounting changes but also as a long term lease management solution.

iLeasePro offers users the ability to store critical lease data, automatically calculates the amortization schedule and journal entries required to meet the FASB ASC 842 Lease Accounting Standard changes.

iLeasePro, a highly scalable and intuitive solution, is provided through the Software as a Service Model that is hosted on Amazon Web Services.
www.ileasepro.com

Pricing

Starting from
$425/month
Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English
iLeasePro screenshot: iLeasePro home page links all necessary details iLeasePro Lease Accounting SaaS SolutioniLeasePro screenshot: iLeasePro lease management page contains details for lease, property  units, insurance, and accountingiLeasePro screenshot: iLeasePro works across all devicesiLeasePro screenshot: Login Interface

iLeasePro user reviews

Excellent
2

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  5.0
  5.0
  5.0
Lawson James

Cost effective ASC842 solution

Used occasionally for 1-2 years
Reviewed 2020-06-07
Review Source: Capterra

The product presents an otherwise complicated topic in an uncomplicated manner.

Pros
This product is best suited for companies seeking an uncomplicated and cost effective solution. The embedded integration with Sage Intaact and other middle market ERP solutions provides for seamless journal processing. The product is extremely user friendly.

Cons
The product doesn't provide multi-currency functionality nor does it address IFRS requirements.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Anthony Marini

Controller Review

Used monthly for less than 6 months
Reviewed 2020-05-20
Review Source: Capterra

The overall ease of lease accounting. We are struggling with managing ~50 leases so we would look to the system to make it cleaner, reporting easier and confidence in the data.

Pros
The simplicity of the overall system. It allows for the user to input the information with minimal work.

Cons
We are still new, so we haven't come across any specifically.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 10/10

Minimize review

iLeasePro pricing

Starting from
$425/month
Pricing options
Subscription
Free trial
View Pricing Plans

Subscription Plan is based on total number of leases starting at $425 / month for 1 - 50 leases. Please contact us for more information.

iLeasePro features

Compliance Management
Third Party Integration

API (297 other apps)
Accounting Integration (179 other apps)
Accounting Management (200 other apps)
Activity Dashboard (253 other apps)
Audit Trail (151 other apps)
Automatic Notifications (178 other apps)
Billing & Invoicing (202 other apps)
Customizable Reporting (177 other apps)
Data Import/Export (199 other apps)
Electronic Payments (185 other apps)
Expense Tracking (171 other apps)
Financial Analysis (145 other apps)
Invoice Management (248 other apps)
Invoice Processing (162 other apps)
Multi-Currency (177 other apps)
Real Time Data (157 other apps)
Reporting & Statistics (289 other apps)
Workflow Management (169 other apps)

Videos and tutorials

Additional information for iLeasePro

Key features of iLeasePro

  • ASC 842 Disclosure Reporting
  • ASC 842 Lease Accounting
  • Centralized Lease Portfolio Management
  • Cloud-based SaaS solution
  • Critical Date Notifications
  • Document Management
  • FASB Lease Classification Wizard
  • Highly Customizable and Scalable
  • Intuitive / Easy to Use Interface
  • Lease Management
  • Standard Reports
  • Unlimited Users
View All Features

Benefits

FASB ASC 842 Lease Accounting Compliance. iLeasePro provides lessees the ability to automatically create the ROU journal entries and the Financial Disclosure Reporting to comply with the changes to the FASB Lease Accounting standards.

No Contract Required. Monthly subscription with no contract required. The iLeasePro cloud-based infrastructure allows our subscribers to leverage a state of the art technology with less capital expense by reducing spending on technology infrastructure, software, system backup and data recovery and labor costs associated with IT.

Unlimited Number of Users. Every subscription plan offers full access to your entire organization (not just a single user).

Rapid Implementation and Setup. Rapidly deploy and integrate across your organization. No upfront infrastructure acquisitions or planning required. Customizable setup with intuitive online help and training.

Centralized Lease Portfolio. iLeasePro offer the ability for you to harmonize disparate lease information into one comprehensive lease portfolio by centralizing lease data in a single repository. This functionality increases access, visibility, and traceability of critical lease related data including lifecycle dates, lease asset expenses, contractual documentation and accountable resources.

Highly Customizable and Scalable. Customize iLeasePro with context that your company understands to streamline business processes to allow your business to increase productivity and accuracy of information. iLeasePro's SaaS model offers scalability as your business grows.

Secure access from anywhere. iLeasePro offers you and your team 24/7/365 web-enabled access through secure user and password authentication and entitlement process to ensure secure accessibility to your critical lease data using any Internet connection and browser or Mobile device.

Superior audit and data verification. Superior audit and data verification features have been incorporated into the development of iLeasePro. Data changes are captured and time stamped to allow for after the fact audit and review. Reports can be archived and saved so that critical historical information is readily accessible.