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iLeasePro benefits enable you to optimize your workflow, ensure compliance, and focus on higher-level tasks with greater efficiency and confidence.
- ASC 842 Compliance
- Centralized Lease Data Management
- Automated Notifications for Critical Dates
- Streamlined Financial Reporting
- Audit Trail and Transparency
- Improved Collaboration Across Departments
- Payment Tracking and Alerts
- Scalability for Growing Lease Portfolios
- Lease Modification Management
- Enhanced Data Accuracy and Reduced Errors
iLeasePro Quote Details
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Lease Management
iLeasePro streamlines the entire lease management process, simplifying tracking, management, and organization of real estate and equipment leases. By improving lease visibility and decision-making, iLeasePro helps companies cut lease-related costs. The secure, cloud-based platform provides real-time access and team collaboration, centralizing multiple leases across locations. Scalable for mid-market growth, it enables data-driven decisions on lease renewals and terminations, lessens administrative burdens, and includes detailed reporting for enhanced insight. With full organization-wide access, superior audit features, and SOC 1 Type 2 Certification, iLeasePro ensures secure, compliant, and efficient lease management.

Lease Accounting
iLeasePro offers comprehensive ASC 842 lease accounting features, including both portfolio and individual lease accounting, automated journal entries, and detailed amortization schedules, ensuring accurate financial tracking across leases. It supports operating subsidiaries and seamlessly integrates with popular accounting systems like Sage Intacct™ and Intuit QuickBooks™, enabling efficient WebServices integration and streamlined import/export of journal entries and amortization schedules. This integration helps companies maintain synchronized, compliant accounting records across their lease portfolios.

ASC 842 & SOC 1 Compliance
iLeasePro ensures full FASB ASC 842 compliance by automating daily amortization of Right-of-Use (ROU) assets and lease liabilities, generating compliant journal entries, and supporting complex elements like variable payments and subleases. It offers a Lease Classification Wizard and disclosure reporting to simplify compliance further. With SOC 1 Type 2 certification, iLeasePro guarantees robust data security, financial control integrity, and operational reliability, meeting rigorous compliance standards and safeguarding sensitive financial information.