CoStar Real Estate Manager vs Cradle

CoStar Real Estate Manager is a web platform for large-scale and global accounting and real estate teams managing complex portfolios. It provides shared visibility across the lease lifecycle, with accounting workflows that automate classification, measurement, and reporting for ASC 842, IFRS 16, and FRS 102. Teams can handle remeasurements, journal entries, disclosures, roll-forward reports, renewals, critical-date notifications, rent payments, and amendment tracking. Transaction tools support workflow templates, configurable approvals, milestone tracking, deal comparisons, and project kick-offs tied to lease dates. Market and submarket information covers more than 6 million properties for portfolio decisions and research. Managed integrations are listed for SAP, Oracle, Workday, and NetSuite. Access controls include role-based permissions, single sign-on, security profiles, audit trails, and change logs. Pricing is on request and depends on active leases, transactions, or owned or leased locations, depending on the module.

Cradle is a web-based system for automating lease accounting and compliance reporting. It supports IFRS 16, ASC 842, GASB 87, GASB 96 and FRS 102, and handles lessee, lessor and sublease accounting. The software calculates present values, accounts for modifications, prepares journal entries and generates required reports. Reports can cover one agreement, a company or a consolidated organization, with balance sheet, income statement, cash flow and disclosure options. Users can enter foreign exchange rates for converting leases into the applicable functional currency. Cradle can mirror a customer's general ledger and cost-center setup so accounting data can be exported into that system. Lease data may be entered manually, uploaded with a bulk template, migrated from Excel or moved through a custom engineering solution. Custom fields can be searched, stratified and exported. The Small Plan costs $99 a month for up to 10 agreements; the Regular Plan costs $199 a month for up to 20 leases. Both plans allow unlimited users and include no training. Cradle offers a 30-day trial and says it provides 24/7 support, guides and videos.