iLeasePro vs The Lease Toolkit
iLeasePro
ileasepro.comThe Lease Toolkit
theleasetoolkit.comSide by side
| Figure | iLeasePro | The Lease Toolkit |
|---|---|---|
| Price from | $149/mo | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | — |
| Plans published | 14 | 0 |
| Spec score · Lease Administration Software | 9.0 (#1) | 6.9 (#17) |
| Accounting | The platform provides a FASB Classification Wizard, automated journal entries, amortization schedules, and financial disclosure reports. | Accounting and payment features listed include bill approval routing, electronic payments, banking data import, and automated accounting tools; the site marks this offering “Coming Soon.” |
| Headquarters | Beverly, Massachusetts, United States | Bakersfield, California, United States |
| Intended users | The homepage describes iLeasePro as built for private US companies managing 25 to 500 leases. | The maker describes the product as built for commercial real estate owners and managers, from one-person businesses to institutional investment companies. |
| Product | iLeasePro is a SaaS platform for lease accounting and portfolio management, including ASC 842 compliance reporting. | The Lease Toolkit is commercial real estate management software for lease administration. |
| Security | The homepage states that iLeasePro is SOC 1 Type 2 certified and undergoes biannual security audits. | The maker says data is stored using encryption and SSL technology and its privacy policy says personal information is stored in the United States. |
| 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. | The maker says customers can contact lease administrators by phone or email for support. |
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.
The Lease Toolkit
The Lease Toolkit is web-based commercial real estate software for lease administration. Users create abstract plans, enter key lease terms, search and compare provisions, and generate reports. Lease administration tools include tenant communications, rent collection policies, critical-date reminders, task management, notices, and compliance-document handling for insurance certificates, HVAC contracts, gross sales, and other records. Lease data is kept in a unified database with real-time syncing for team collaboration. Users enter information manually with shortcut tools; abstracts are not generated automatically. The maker describes concierge onboarding by lease administration experts, help establishing an abstract plan, and phone or email support. Each abstraction license includes two read-only licenses. Budget and reconciliation tools, including expense allocation and recovery-loss testing, are marked Coming Soon. Accounting and payment functions such as bill approval, electronic payments, banking imports, and automated accounting are also Coming Soon. Pricing is on request, and license availability is described as highly limited.