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What is iLeasePro?

iLeasePro is a user-friendly and affordable cloud-based solution that streamlines the transition to and ongoing management of Lease Accounting in accordance with the ASC 842 Standard for Lessees. Our SaaS offering effectively handles Operating, Finance, and Short-Term leases, ensuring precise adherence to ASC 842 requirements. With iLeasePro, users can effortlessly create the necessary amortization schedules, journal entries, and financial disclosure reports that auditors require. Additionally, iLeasePro seamlessly integrates with various accounting software, facilitating the smooth transfer of journal entries into your general ledger for improved efficiency. This integration not only saves time but also enhances the accuracy of your financial reporting processes.

What is Cradle?

Automated journal entries and rapid complex calculations simplify and enhance the accounting experience. By adhering strictly to ASC 842 and IFRS 16, this platform removes the burden of protracted sales pitches and tedious negotiations. You can efficiently register, enter your details, and immediately engage in your accounting responsibilities. The software's flexibility allows you to tailor it to your needs by choosing from a variety of fields and methods, enabling Cradle to guide you toward the pertinent accounting elements of your contract. Your input results in rapid and accurate calculations, ensuring that your journal entries are processed promptly. Bid farewell to the stress and ambiguity tied to the new lease accounting standards ASC 842 and IFRS 16, while you refine and optimize your lease accounting processes, saving both time and resources in the process. Moreover, our service offers extensive implementation assistance to navigate you through the setup phase. Whether overseeing finances for a large publicly traded company or managing a small business with fundamental financial reporting needs, Cradle is crafted to help you conserve essential time and energy. Furthermore, the intuitive interface guarantees that even users with minimal accounting skills can operate the software effectively and efficiently, making it accessible to a wider range of professionals. Ultimately, this platform sets a new standard in lease accounting solutions by combining efficiency with ease of use.

Media

Media

Integrations Supported

QuickBooks Online
Sage Intacct

Integrations Supported

API Availability

API Availability

Pricing Information

$99
Free for under 5 leases and Subscription pricing starts at $99/mo for up to 10 leases and increases as the number of leases increase
Free Version
Free Trial Offered?

Pricing Information

$10 per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

iLease Management LLC

Date Founded

2012

Company Location

United States

Company Website

www.iLeasePro.com

Company Facts

Organization Name

Cradle

Date Founded

2019

Company Location

Canada

Company Website

www.cradleaccounting.com

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
CPA Firms
General Ledger
Nonprofits
Purchase Orders

General Ledger

Not specified

Lease Accounting

Amortization Schedule
Asset Management
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management

Lease Management

Commercial Leases
Contact Management
Lease Classification
Portfolio Management
Property Management
Retail Leases
Sublease Management

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Budgeting & Forecasting
Critical Date Alerts
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management

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