Sticking with outdated lease accounting software can cause major headaches for businesses. Compliance risks, reporting mistakes, and tedious manual processes not only slow down operations but can also lead to expensive errors. On the other hand, choosing the right software simplifies lease management by handling complex calculations, keeping financial records accurate, and ensuring businesses meet ASC 842 and IFRS 16 requirements.
These systems keep lease payments organized, determine right-of-use (ROU) assets, and ensure businesses meet financial reporting requirements. Automating lease tracking and reporting helps maintain accurate records, uphold compliance with accounting standards, and provide a clearer understanding of lease agreements. With built-in forecasting and analytics, companies can make more informed financial decisions.
Top 30 Best Lease Accounting Software in 2025
1. NetLease
NetLease simplifies lease accounting by integrating directly with any ERP system, making financial management more efficient. For businesses using NetSuite, it embeds lease accounting within the platform, allowing for smooth operations. It ensures compliance with ASC 842, IFRS 16, and GASB 87, providing audit-ready accuracy within NetSuite’s environment.
2. FinQuery
FinQuery was created by accountants with a focus on lease accounting. It helps maintain accuracy in amortization schedules and journal entries while keeping track of important deadlines and validating data input. Users can generate reports effortlessly by filtering details such as location, lease type, and square footage. To ensure compliance with FASB ASC 842, IFRS 16, and GASB 87, the platform includes locked journal entries and controlled access based on user roles.
3. Visual Lease
Visual Lease helps every stakeholder involved in managing a company’s lease portfolio by reducing risk, ensuring long-term lease accounting compliance, and offering clear insights for quick business decisions. It connects smoothly with major ERP systems such as Microsoft Dynamics 365 and SAP S/4HANA. Additionally, it supports integrations with various BI tools, allowing data to flow in both directions for better analysis and reporting.
4. Rubli
Rubli lease accounting software simplifies lease management and ensures compliance by automating calculations and providing detailed reports. It allows users to create reports effortlessly, either by using pre-made templates or by customizing their own through an easy-to-use drag-and-drop interface. With Rubli, businesses can maintain accuracy and efficiency while managing lease accounting according to ASC 842, IFRS 16, and GASB 87 standards. This makes the process more reliable and less time-consuming for businesses of all sizes.
5. LeaseCrunch
LeaseCrunch simplifies lease calculations with easy-to-follow wizards that adhere to the latest accounting standards. Whether a company is handling five leases or thousands, it helps organize all the relevant data in one centralized system. Additionally, it allows users to quickly generate and download reports that are ready for audits, such as journal entries, footnote disclosures, and amortization schedules. This makes the entire process more efficient and less time-consuming for businesses.
6. Spacebase
Spacebase is a straightforward platform for managing leases and handling lease accounting tasks. It offers key features such as creating journal entries, generating necessary disclosures, and classifying leases. The platform also helps track important dates, manage options, and handle payments efficiently. Moreover, it simplifies the calculation of right-of-use (ROU) assets and lease liabilities, prepares amortization schedules, and can integrate with ERP systems, providing complete support for lease accounting needs.
7. DebtBook
DebtBook is a cloud-based platform that simplifies debt and lease management for organizations. Finance teams in local government, higher education, and healthcare benefit from this software by managing their debt and leases more effectively. It improves productivity, fosters teamwork, and enhances transparency, which leads to better decision-making. Additionally, DebtBook helps organizations comply with new lease accounting standards, such as GASB-87, by ensuring ongoing compliance.
8. Occupier
Occupier lease accounting software assists commercial tenants in managing leases and maintaining compliance, combining real estate and accounting tasks. It offers features for handling lease agreements, managing transactions, and generating portfolio reports. The software simplifies lease management, ensuring accuracy and organization, and helps tenants focus on their operations. It improves both efficiency and clarity in overseeing leasing activities.
9. Trullion
Trullion is an excellent option for accounting firms of all sizes, largely because of its AI-powered analysis of lease portfolios and their financial effects. The technology used ensures compliance with key standards like ASC 842, IFRS 16, and GASB 86. Additionally, it automates audit logs, making it easier to monitor and track any changes for both internal teams and external partners.
10. Lucernex
Lucernex lease management software from Accruent simplifies the process of handling leases and accounting while ensuring adherence to financial reporting standards. In addition to its core lease management features, Lucernex also offers advanced capabilities in project management, facility management, and lease administration. This makes it a flexible solution for managing various aspects of retail operations effectively.
11. Nakisa
Nakisa Lease Accounting offers comprehensive accounting tools to help manage your ledger, accounts payable and receivable, and generate financial reports. It simplifies the process of handling renters, rent payments, maintenance workflows, and associated documents. The platform allows for easy tracking and storing of vendor information, including contact details, services provided, and terms of service. Additionally, it centralizes lease data and reporting, while also integrating with ERP systems, making leasing operations more efficient and ensuring precision throughout the process.
12. Leasecake
Leasecake offers AI-driven solutions for lease accounting and administration, catering to industries like food and beverage, health and fitness, medical, and retail. By incorporating artificial intelligence into lease management, it helps speed up processes and ensures important dates are never missed. This unique approach has made Leasecake a popular choice for businesses looking to simplify and stay on top of their lease-related tasks.
13. EZLease
EZLease offers an easy and efficient solution for managing lease accounting in compliance with ASC 842, GASB 87, GASB 96, and IFRS 16 for both lessees and lessors. The software features a centralized lease database, which simplifies lease management by automating validation and generating accounting reports and disclosures with a single click. Users can upload and update leases in bulk or individually whenever needed, making it a flexible option for tracking both equipment and real estate leases.
14. LeaseAccelerator
LeaseAccelerator makes lease management easier by covering every stage of the lease lifecycle and ensuring compliance with both US GAAP and IFRS standards. It also provides detailed asset-level accounting and keeps thorough audit trail records, which are essential for audit preparation. The platform simplifies the management of real estate leases by centralizing contract information, tracking rent payments, and enabling users to monitor any changes to contracts or rent terms.
15. Cradle Accounting
Cradle’s Lease Accounting solution helps you stay on top of lease accounting compliance with ASC 842 and IFRS 16. It offers a set of tools that work together to manage your financial reporting needs under the new lease standards. With its focus on process consistency and the use of accounting automation, Cradle acts as a centralized platform where you can manage and account for all your leases. This solution makes it easier to meet your accounting requirements and stay compliant.
16. Odessa
Odessa is a software platform that helps manage the complete lifecycle of leases, loans, and assets. It brings together all the parties involved in the leasing process, making their interactions more efficient. The platform focuses on providing a unified approach to handling both leases and loans in one place, ensuring smooth management of these financial processes.
17. ZenTreasury
ZenTreasury simplifies IFRS 16 lease accounting with tools that help track and ensure compliance. It offers a clear view of financial data and supports efficient reporting. Administrators can log foreign exchange transactions, automate lease activities, and create customized reports on a single platform. Automating key lease accounting processes helps simplify compliance and reduce errors.
18. omniBooks
omniBooks is an online accounting software that helps businesses manage their finances in one place. It offers a complete suite of features, including invoicing, tracking expenses, and managing inventory. Additionally, it connects with various other business tools, such as CRM systems and project management software, making it easy to handle all your financial needs.
19. iLeasePro
iLeasePro simplifies lease management and ASC 842 compliance by automating key tasks, ensuring accurate reporting, and keeping track of important dates. With its automated processes, iLeasePro provides reliable data and helps businesses stay on top of critical deadlines, making lease administration more efficient and less stressful.
20. CoStar Real Estate Manager
CoStar Real Estate Manager helps enterprise companies stay on top of lease accounting compliance while making the most of their real estate portfolios. It brings lease management and accounting tools together with market data and analytics, making it easier to handle rent payments, track important deadlines, and manage lease renewals or modifications. The platform also simplifies reporting and supports businesses in navigating complex real estate decisions with greater confidence.
21. MRI ProLease
MRI ProLease is an AI-powered platform that simplifies lease administration and accounting from start to finish. With its cloud-based system, businesses can efficiently organize and monitor real estate and equipment leases while staying compliant with IFRS 16, ASC 842, and GASB 87 standards. The software automates key processes, reduces manual effort, and helps users produce precise, well-structured reports with minimal hassle.
22. Tango Lease
Tango simplifies legal and financial management with a complete set of tools for lease administration and accounting. It enhances leasing operations by ensuring accuracy and efficiency, offering detailed reports and easy integration with various financial systems for a smooth workflow.
23. Soft4Lessee
SOFT4Lessee helps businesses handle lease accounting and contract management while staying compliant with the latest leasing standards, including ASC 842, IFRS 16, and AASB 16. It simplifies the shift to new regulations, making compliance faster and less complicated. Built on the Microsoft Dynamics platform, it also works smoothly with any accounting software, ensuring companies can manage their leases without disruption.
24. Leasepath
Leasepath is a cloud-based CRM and origination system created for the equipment finance and leasing industry. As a top choice for equipment leasing software, it helps businesses manage their operations with a fully connected platform. Built on Microsoft’s Dynamics 365 and CRM framework, Leasepath brings together marketing, sales, credit, and management functions, offering an all-in-one solution for asset finance and leasing companies.
25. Property Manager Cloud
Property Manager Cloud gives you the freedom to manage applications, leases, maintenance requests, late notices, accounting, and resident screening while keeping track of property details in one place. It helps cut down on costs and lets you handle tasks from any location. Residents can access a secure portal at any time to submit maintenance requests, check their account balance, make rent payments, and review their payment history.
26. Propertyware
Propertyware is a property management software that helps landlords and property managers handle key tasks like accounting, maintenance, and tenant communication. It includes features for lease accounting, making it easier to track lease agreements, rent payments, and other financial details related to managing properties.
27. AppFolio
AppFolio simplifies property management for residential, commercial, and community properties by bringing everything into one platform. With its lease management feature, users can easily monitor leases, rent payments, and other key details without hassle. Accessing these tools is as simple as signing into an AppFolio account and choosing a plan that suits your requirements.
28. ILoveLeasing
ILoveLeasing helps property managers turn potential renters into tenants by organizing leads, sending timely alerts, and providing useful follow-up tools. It keeps track of customer interactions and behaviors while offering detailed reports for both onsite teams and corporate offices. With its marketing analytics, businesses can better understand their audience and improve leasing strategies.
29. On-Site
On-Site offers a cloud-based leasing solution that simplifies the rental process, handling applications, fee collection, and lead management at any time of the day. This platform makes renting apartments more efficient, providing property managers and renters with the tools they need from start to finish. Bringing every step of the leasing journey into one place makes it easier to manage properties and keep the rental experience smooth for everyone involved.
30. InteLease
InteLease relies on artificial intelligence to scan your contracts, making it easier and quicker to locate key details with greater accuracy. Instead of getting lost in lengthy lease documents, you can focus on critical decisions while InteLease extracts, summarizes, and organizes essential data. Say goodbye to tedious spreadsheets, as built-in calculators handle lease abstraction efficiently.
Today, lease accounting software plays a crucial role in helping businesses handle lease portfolios while staying compliant with financial regulations. With advancements in AI-driven automation and smooth ERP connections, these top 30 lease accounting solutions simplify lease tracking, financial reporting, and compliance management. The right software should match your company’s size, regulatory needs, and financial objectives, ensuring efficiency and accuracy in lease management.