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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 REAP+?

REAP+ is a versatile and user-friendly platform designed to cater to the needs of retail, industrial, distribution, and office environments, ensuring both flexibility and ease of maintenance. It features a Report Builder that allows users to create and disseminate reports independently, thanks to its straightforward interface that eliminates the need for IT support. The platform also offers two-way accounting integration, establishing REAP+ as a dependable single source of truth for lease management throughout the organization. Users benefit from customizable configurations, permitting them to adjust field labels and picklist values to better fit their unique business requirements and workflows. Security is a key focus, with REAP+ implementing adjustable, role-based access controls that empower administrators to manage what information each user can view and interact with. Furthermore, the platform includes drag-and-drop functionality, enabling users to customize their dashboards based on their roles while integrating relevant data, reminders, and upcoming activities. The ability to share tailored filters and searches promotes access to essential information for all users, enhancing collaboration and consistency across teams. Collectively, these features significantly boost productivity and improve communication within organizations, ultimately driving better overall performance.

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

SaaS

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
Online Training

Company Facts

Organization Name

iLease Management LLC

Date Founded

2012

Company Location

United States

Company Website

www.iLeasePro.com

Company Facts

Organization Name

NTrust Infotech

Date Founded

2003

Company Location

United States

Company Website

www.ntrustinfotech.com/reap/

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

Not specified

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