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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 Leasecat?

Catsoft Leasecat serves as an all-encompassing lease management tool that streamlines the process of creating reports and performing lease calculations from the perspectives of both lessees and lessors, addressing financial leases, operating leases, and hire purchases. The application allows users to efficiently track lease details relevant to their role, whether they are leasing or leasing out assets. Its reporting capabilities cover aspects such as cash flow assessments, interest rates associated with leases, lease terminations, and summaries of journal entries. Moreover, the platform provides lessees with the flexibility to sub-lease a portion or the entirety of a leased asset to third parties. Users can customize interest charge methodologies and amortization strategies according to their needs. With an integrated report creation tool, individuals can tailor reports by selecting specific fields. The software also has the capability to automatically calculate the interest rate implicit in lease contracts. Additionally, lessees can enter a projected interest rate, which can modify the fair value, or they may explore suggested alternative rental payment scenarios. In summary, Leasecat is an essential resource for effectively managing a wide range of lease agreements, ensuring that every aspect of the leasing process is handled with precision.

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

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
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

Catsoft

Company Location

United States

Company Website

www.catsoft.com.au/leasecat/

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 Management

Lease Classification
Sublease Management

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