iLeasePro vs Visual Lease
iLeasePro
ileasepro.com
Visual Lease
visuallease.comSide by side
| Figure | iLeasePro | Visual Lease |
|---|---|---|
| Price from | $149/mo | — |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 14 | 1 |
| Spec score · Lease Accounting Software | 8.9 (#2) | 6.6 (#37) |
| Spec score · Lease Administration Software | 9.0 (#1) | 6.7 (#19) |
| Founded | 2012 | Visual Lease says it was founded in 1995. |
| Headquarters | Beverly, Massachusetts, United States | The maker lists its headquarters at 111 S. Wood Avenue, Suite 500, Iselin, New Jersey 08830. |
| Implementation | The features page says users can get started in under five days with SMART import, while the homepage says most implementations take less than one week. | The maker describes a standard implementation timeframe of 90 days and provides manual entry, Excel import templates and abstraction as data migration options. |
| Lease management | Lease management features include a centralized lease portfolio, document library, contact management, and automated critical-date notifications. | The platform manages the lease lifecycle from acquisition to termination, including renewals. |
| Reporting | The product advertises more than 50 standard reports covering account, lease, accounting, audit, and administration data with filters. | The pricing page says users can configure ad hoc reports or choose from a library of over 100 standard reports. |
| Security | The homepage states that iLeasePro is SOC 1 Type 2 certified and undergoes biannual security audits. | Visual Lease says its SOC 1 Type 2 audit covers data security, acceptable data use, physical office security, backup and recovery, continuity planning, and lease calculations. |
| 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. | Visual Lease offers unlimited help desk support via web or phone, training webinars and videos, and a dedicated account manager. |
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.
Visual Lease
Visual Lease has no write-up on Specifiction yet; its figures are above.