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iLeasePro
3.9
13

Not Claimed

iLeasePro is a cloud-based SaaS solution that simplifies the transition to and on-going Lease Accounting under the ASC 842 Standard for Lessees. It accounts for Operating, Finance and Short-Term leases to ensure accurate compliance with ASC 842 Standard. It offers the ability to add unlimited number of users to your account who will have access to critical date tracking and notifications, uploading of electronic lease documents that are linked with a lease, portfolio management capabilities and over 50 standard lease accounting and lease administration reports to ensure efficient access to your lease information and enhance your decision-making capabilities. It integrates with several accounting solutions to offer seamless uploading of journal entries into your general ledger. Implementation is quick and easy.
Website
https://ileasepro.com/
Developer
iLease Management LLC
HQ Location
Beverly, MA
Year Founded
2012
Number of Employees
3
Twitter
@iLeasePro
Strengths
  • Customizable lease templates

    Users can create and save their own lease templates for future use.

  • Automated rent collection

    The software automatically collects rent payments from tenants and sends reminders for late payments.

  • Tenant screening

    iLeasePro offers tenant screening services to help landlords find reliable tenants.

Weaknesses
  • Limited integrations

    iLeasePro has limited integrations with other software, which may be inconvenient for some users.

  • No mobile app

    There is no mobile app available for iLeasePro, which may be inconvenient for users who need to manage their properties on-the-go.

  • Limited customer support

    Customer support is only available during business hours, which may be inconvenient for users who need assistance outside of those hours.

Opportunities
  • iLeasePro could expand into new markets, such as commercial real estate or property management for larger buildings.
  • iLeasePro could integrate with popular software, such as accounting or project management tools, to provide a more comprehensive solution for users.
  • iLeasePro could offer additional services, such as maintenance or repair services, to provide a more complete solution for property management.
Threats
  • iLeasePro may face competition from established players in the property management software market.
  • An economic downturn could lead to decreased demand for property management software, which could negatively impact iLeasePro's business.
  • Changes in regulations related to property management could impact iLeasePro's business and require significant changes to the software.

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iLeasePro Plan

iLeasePro offers a tiered pricing strategy with three versions ranging from $49 to $149 per month, each with increasing features.
iLeasePro ASC 842 Lease Accounting, Management & Analysis Solution $ Contact Us
iLeasePro is an intuitive, cost-effective, and accurate cloud solution that simplifies the transition to and on-going Lease Accounting under the ASC 842 Standard for Lessees. Our cloud-based SaaS solution accounts for Operating, Finance and Short-Term leases to ensure accurate compliance with ASC 842 Standard. With iLeasePro, you can easily generate the amortization schedule, journal entries and financial disclosure reports required by auditors. iLeasePro integrates with several accounting solutions to offer seamless uploading of journal entries into your general ledger. In addition to the lease accounting features, iLeasePro offers you the ability to add unlimited number of users to your account who will have access to critical date tracking and notifications, uploading of electronic lease documents that are linked with a lease, portfolio management capabilities and over 50 standard lease accounting and lease administration reports to ensure efficient access to your lease information and enhance your decision-making capabilities. Real Estate, Equipment & Vehicle Leases Build lease rent schedules including escalations to create payment schedules ASC 842 Lease Accounting Initial Transition Generates ASC 842 Daily Amortization of Right-of-Use and Lease Liability Balances Creates ASC 842 Automated Journal Entries Upload or Export Individual Lease or Batch Journal Entries Lease Accounting ASC 842 Financial Disclosure Reporting Lease Portfolio Management & Administration Upload Documents & Link to Lease Critical Date Tracking & Email Notifications Portfolio Dashboard Over 50 Standard Reports for Lease Accounting, Lease Management & Lease Analysis Contact Management Integration with Accounting Software
iLeasePro ASC 842 Lease Accounting Solution $ Free Trial Per Month
iLeasePro is a cost-effective solution for companies that aren't looking to pay the subscription fees for features that probably will never use! iLeasePro offers you exactly what you need for the ASC 842 Lease Accounting Standard and nothing more! iLeasePro is an intuitive, cost-effective, and accurate cloud solution that simplifies the transition to and on-going Lease Accounting under the ASC 842 Standard for Lessees. No-Contract Subscription - 5 Leases - Free to use forever Real Estate, Equipment & Vehicle Leases Capture of lease rent schedules including escalations to create payment schedules ASC 842 Lease Accounting Initial Transition Generates ASC 842 Daily Amortization of Right-of-Use and Lease Liability Balances ASC 842 Automated Journal Entries Creation Export Individual Lease or Batch Journal Entries Lease Accounting ASC 842 Financial Disclosure Reporting Critical Date Tracking and Monitoring Contact Management Over 40 Standard Reports for Lease Accounting, Lease Management & Lease Analysis Easily Move Up to iLeasePro at the click of a button
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