iLeasePro

SaaS Lease Management and Lease Accounting ASC842 Solution

About 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.

Pricing starting from:

US$425,00/month

  • Free Trial
  • Subscription

Key benefits of iLeasePro

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.

Devices

Business size

S M L

Markets

United States

Supported Languages

English

Pricing starting from:

US$425,00/month

  • Free Trial
  • Subscription

Images

iLeasePro home page links all necessary details
iLeasePro lease management page contains details for lease, property  units, insurance, and accounting
iLeasePro works across all devices
Login Interface
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iLeasePro video
iLeasePro screenshot: iLeasePro home page links all necessary details iLeasePro screenshot: iLeasePro lease management page contains details for lease, property  units, insurance, and accounting iLeasePro screenshot: iLeasePro works across all devices iLeasePro screenshot: Login Interface

Features

Total features of iLeasePro: 9

  • Auditing
  • Compliance Management
  • Data Recovery
  • Data Verification
  • Document Storage
  • Portfolio Management
  • Secure Login
  • Third Party Integration
  • Traceability

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Reviews

Overall rating

5 /5
(2)
Value for Money
5/5
Features
5/5
Ease of Use
5/5
Customer Support
5/5

Already have iLeasePro?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Write a Review!
Showing 5 reviews of 2
Lawson J.
Overall rating
  • Industry: Information Technology & Services
  • Company size: 2-10 Employees
  • Used Other for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Cost effective ASC842 solution

Reviewed on 2020/06/07

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

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.

Anthony M.
Overall rating
  • Industry: Medical Devices
  • Company size: 201-500 Employees
  • Used Monthly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Likelihood to recommend 10.0 /10

Controller Review

Reviewed on 2020/05/20

The overall ease of lease accounting. We are struggling with managing ~50 leases so we would look...

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.

iLeasePro FAQs

Below are some frequently asked questions for iLeasePro.

iLeasePro offers the following pricing plans:

  • Starting from: US$425,00/month
  • Pricing model: Subscription
  • Free Trial: Available

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

iLeasePro offers the following features:

  • Critical Date Tracking
  • Electronic Library
  • FASB/IASB Compliants
  • Integrates with Intacct and NetSuite
  • Standard Reports

iLeasePro has the following typical customers:

Small Business, Mid Size Business

iLeasePro supports the following languages:

English

We do not have any information about what devices iLeasePro supports

iLeasePro integrates with the following applications:

Sage Intacct

iLeasePro offers the following support options:

FAQs, Forum, Online Support

Related categories

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