iLeasePro vs TURBO-Lease
iLeasePro
ileasepro.comTURBO-Lease
turbolease.comSide by side
| Figure | iLeasePro | TURBO-Lease |
|---|---|---|
| Price from | $149/mo | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | — |
| API | Yes | — |
| Plans published | 14 | 0 |
| Spec score · Lease Accounting Software | 8.9 (#2) | 6.5 (#38) |
| Accounting | The platform provides a FASB Classification Wizard, automated journal entries, amortization schedules, and financial disclosure reports. | It supports ASC 842 lessor accounting for sales-type, direct financing and operating leases. |
| Founded | 2012 | 1985 |
| Headquarters | Beverly, Massachusetts, United States | Crested Butte, Colorado, USA |
| Product | iLeasePro is a SaaS platform for lease accounting and portfolio management, including ASC 842 compliance reporting. | TURBO-Lease provides lessor accounting and lease servicing for equipment and vehicle lease portfolios. |
| Reporting | The product advertises more than 50 standard reports covering account, lease, accounting, audit, and administration data with filters. | The software includes over 80 standard lease accounting and portfolio reports, with options to view, print, save as PDF or export to Excel. |
| Security | The homepage states that iLeasePro is SOC 1 Type 2 certified and undergoes biannual security audits. | The pages reviewed do not state specific security certifications or controls. |
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.
TURBO-Lease
TURBO-Lease has no write-up on Specifiction yet; its figures are above.