iLeasePro vs LeaseLedger
iLeasePro
ileasepro.comLeaseLedger
leaseledger.com.auSide by side
| Figure | iLeasePro | LeaseLedger |
|---|---|---|
| Price from | $149/mo | Free |
| Free plan | Yes | Yes |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | — |
| Plans published | 14 | 2 |
| Spec score · Lease Accounting Software | 8.9 (#2) | 8.3 (#6) |
| Authentication | Official feature material describes Auth0-based single sign-on, multi-factor authentication, social logins, role controls, and authorization. | Users verify email addresses and may enable software-token multi-factor authentication. |
| Documentation | The Zendesk knowledge base contains video training, import guides, onboarding instructions, quick-start guides, feature tutorials, data descriptions, and release notes. | The opened public pages provide product, plan, privacy and terms information but no separate developer documentation or changelog. |
| Intended users | The homepage describes iLeasePro as built for private US companies managing 25 to 500 leases. | The product describes itself as lease accounting software built for accountants and finance teams. |
| Reporting | The product advertises more than 50 standard reports covering account, lease, accounting, audit, and administration data with filters. | Reporting includes financial-system reconciliation, cash-maturity analysis and portfolio roll-ups. |
| Support | Phone support is listed Monday through Friday, 9:00 AM–6:00 PM EST, and the contact page says email responses typically arrive within 24 business hours. | Support is available through an in-app form or email, while Professional lists support from a qualified accountant. |
| What it does | iLeasePro is a cloud lease-management and lease-accounting service for lessees managing real-estate, equipment, and vehicle leases under ASC 842. | LeaseLedger provides lease schedules, journals, reports and disclosures for AASB 16, IFRS 16 and ASC 842. |
Plans
iLeasePro
- Essential$240 a month
- Professional$480 a month
- Enterprise$960 a month
- Contract Management StarterFree
- iLeasePro FreeFree
- StarterFree
- iLeaseXpress$149 a month
- Contract Management Essential$240 a month
- Contract Management Professional$480 a month
- Contract Management Enterprise$960 a month
In their own words
iLeasePro
iLeasePro is a cloud-based lease accounting and portfolio-management platform with ASC 842 compliance reporting. Accounting tools include a FASB Classification Wizard, automated journal entries, amortization schedules, and financial disclosure reports. Lease administration includes a centralized portfolio, document library, contact management, and critical-date notifications. For analysis, the platform offers cash-flow reporting, what-if comparisons, and more than 50 standard reports. It supports Sage Intacct synchronization for general ledger, dimensions, and payables, plus Excel export; the homepage also names QuickBooks and other ERP or general-ledger systems. The free Starter plan supports up to five contracts. iLeaseXpress costs $149 a month for up to 15 leases, while Essential is $240 a month for up to 50 contracts. A 15-day trial requires no credit card and provides access to the selected plan’s features. The company describes the product as intended for private US companies managing 25 to 500 leases.
LeaseLedger
LeaseLedger provides lease accounting schedules, journals, reports, and disclosures under AASB 16, IFRS 16, and ASC 842. Its register handles new leases, migrations, modifications, and reassessments, with schedule effects tied to lease events. The platform supports scheduled payment reconciliation and records off-schedule settlements. Reports include financial-system reconciliations, cash maturity analysis, portfolio roll-ups, and disclosure workpaper previews. Migration workbooks provide pre-import validation, row-level error handling, and selectable opening balance bases. Optional AI can draft lease details from text or PDFs, but a person must review suggestions before saving or relying on them. The free plan costs nothing and allows up to 3 leases in one client workspace, with the owner and one teammate, plus 5 AI-assisted drafts. Users can export lease records, schedules, journals, and workbooks and retain ownership of their data, documents, and outputs. Core records and supporting documents are hosted in AWS Sydney; data is encrypted in transit and at rest. AI requests may be processed outside Australia, and the external provider may retain input and output for abuse monitoring for up to 30 days.