---
title: "Best Lease Management Software - 2026 Reviews & Pricing"
description: "Find the best Lease Management Software for your organization. Compare top Lease Management Software systems with customer reviews, pricing, and free demos."
source_url: "https://www.softwareadvice.com/property/lease-management-comparison/"
page_type: "subcategory"
language: "en"
---

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Lease Management Software

Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee.

# Best Lease Management Software of 2026

Updated July 29, 2026

On this page

1.  FrontRunners
2.  Popular Comparisons
3.  Buyers Guide
4.  Related Software

Filter products

134 results

### Compare Products

Showing 1 - 25 of 134 products

#### Company Size

-   Self-Employed
    
-   2-10
    
-   11-50
    
-   51-200
    
-   201-500
    
-   501-1000
    
-   1000+
    

#### Pricing Options

-   $$$$$
    
-   $$$$$
    
-   $$$$$
    
-   $$$$$
    
-   $$$$$
    

### Compare Products

Sort by

**Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals.  
  
**Reviews**: Sorts listings by the number of user reviews we have published, greatest to least.  
  
**Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest.  
  
**Alphabetically (A-Z)**: Sorts listings by product name from A to Z.

[Rent Manager](https://www.softwareadvice.com/property/rent-manager-profile/)

Rent Manager is a cloud-based property management software designed to help manage residential, commercial, association, manufac...[Read more about Rent Manager](https://www.softwareadvice.com/property/rent-manager-profile/)

**4.6**

([633 reviews](https://www.softwareadvice.com/property/rent-manager-profile/reviews/))

**79**

recommendations

Free trial

Free version

Integrations

Integrations

AvidXchange

RainMaker

+31 more

+30 more

+29 more

Rent Manager's Best Rated Features

5.0Categorization/Grouping

See All

Rent Manager's Worst Rated Features

Customizable Fields

See All

[Yardi Breeze](https://www.softwareadvice.com/property/yardi-breeze-profile/)

Yardi Breeze is a cloud-based property management software designed for businesses of all sizes. The platform can be used for va...[Read more about Yardi Breeze](https://www.softwareadvice.com/property/yardi-breeze-profile/)

**4.2**

([334 reviews](https://www.softwareadvice.com/property/yardi-breeze-profile/reviews/))

**70**

recommendations

Free trial

Free version

Yardi Breeze's Best Rated Features

5.0Customizable Reports

See All

Yardi Breeze's Worst Rated Features

Task Management

See All

[Buildium](https://www.softwareadvice.com/property/buildium-property-manager-profile/)

Buildium is a cloud-based property management solution designed to streamline the unique tasks of property managers and real est...[Read more about Buildium](https://www.softwareadvice.com/property/buildium-property-manager-profile/)

**4.5**

([2232 reviews](https://www.softwareadvice.com/property/buildium-property-manager-profile/reviews/))

**68**

recommendations

Free trial

Free version

Integrations

Integrations

Dropbox Sign

Zillow Rental Manager

+4 more

+3 more

+2 more

Buildium's Best Rated Features

5.0Accounts Payable

See All

Buildium's Worst Rated Features

Accounting Integration

See All

[DoorLoop](https://www.softwareadvice.com/property/doorloop-profile/)

DoorLoop is the AI-native property management platform designed for residential & mixed-use property managers and owners who are...[Read more about DoorLoop](https://www.softwareadvice.com/property/doorloop-profile/)

**4.8**

([707 reviews](https://www.softwareadvice.com/property/doorloop-profile/reviews/))

**54**

recommendations

Free trial

Free version

Integrations

Integrations

QuickBooks Online

Zapier

+27 more

+26 more

+25 more

DoorLoop's Best Rated Features

5.0Vacancy Management

See All

DoorLoop's Worst Rated Features

Insurance Management

See All

[SimplifyEm](https://www.softwareadvice.com/property/simplifyem-profile/)

SimplifyEm is a property management software designed to meet the requirements of small and mid-sized landlords and property man...[Read more about SimplifyEm](https://www.softwareadvice.com/property/simplifyem-profile/)

**4.1**

([131 reviews](https://www.softwareadvice.com/property/simplifyem-profile/reviews/))

**50**

recommendations

Free trial

Free version

Integrations

Integrations

Microsoft Excel

QuickBooks Online Advanced

+1 more

+0 more

+0 more

SimplifyEm's Best Rated Features

5.0Accounts Payable

See All

SimplifyEm's Worst Rated Features

1.0Vacancy Management

See All

[AppFolio Property Manager](https://www.softwareadvice.com/property/appfolio-property-manager-profile/)

AppFolio Property Manager is a comprehensive property management software designed to streamline operations for property managem...[Read more about AppFolio Property Manager](https://www.softwareadvice.com/property/appfolio-property-manager-profile/)

**4.5**

([1890 reviews](https://www.softwareadvice.com/property/appfolio-property-manager-profile/reviews/))

**41**

recommendations

Free trial

Free version

Integrations

Integrations

Birdeye

Breezeway

+18 more

+17 more

+16 more

AppFolio Property Manager's Best Rated Features

5.0Cash Flow Management

See All

AppFolio Property Manager's Worst Rated Features

Accounts Receivable

See All

[RealPage](https://www.softwareadvice.com/accounting/realpage-accounting-profile/)

RealPage is a cloud-based property management solution suitable for businesses of any size. Key features include accounting, bud...[Read more about RealPage](https://www.softwareadvice.com/accounting/realpage-accounting-profile/)

**4.0**

([130 reviews](https://www.softwareadvice.com/accounting/realpage-accounting-profile/reviews/))

**38**

recommendations

Free trial

Free version

Integrations

Integrations

Docusign

Happy Property

+1 more

+0 more

+0 more

RealPage's Best Rated Features

5.0Website Management

See All

RealPage's Worst Rated Features

Contact Management

See All

[ResMan](https://www.softwareadvice.com/property/ensoware-resman-profile/)

ResMan is a property management software platform designed for multifamily and affordable housing managers. It supports the mana...[Read more about ResMan](https://www.softwareadvice.com/property/ensoware-resman-profile/)

**4.6**

([602 reviews](https://www.softwareadvice.com/property/ensoware-resman-profile/reviews/))

**27**

recommendations

Free trial

Free version

Integrations

Integrations

Docusign

Notifii Track

+14 more

+13 more

+12 more

ResMan's Best Rated Features

5.0Budgeting/Forecasting

See All

ResMan's Worst Rated Features

Calendar Management

See All

[Rentec Direct](https://www.softwareadvice.com/property/rentec-direct-property-management-profile/)

Rentec Direct serves as a web-based, full-featured management system for landlords and property managers that is designed to sui...[Read more about Rentec Direct](https://www.softwareadvice.com/property/rentec-direct-property-management-profile/)

**4.6**

([179 reviews](https://www.softwareadvice.com/property/rentec-direct-property-management-profile/reviews/))

**22**

recommendations

Free trial

Free version

Integrations

Integrations

Dropbox

Apartments.com Rental Manager

+13 more

+12 more

+11 more

Rentec Direct's Best Rated Features

5.0Lease Origination

See All

Rentec Direct's Worst Rated Features

1.0Billing & Invoicing

See All

[PayProp](https://www.softwareadvice.com/property/payprop-profile/)

With PayProp, you can collect and match rent to the right tenants, make outgoing payments, report on your entire portfolio and m...[Read more about PayProp](https://www.softwareadvice.com/property/payprop-profile/)

**4.5**

([13 reviews](https://www.softwareadvice.com/property/payprop-profile/reviews/))

**20**

recommendations

Free trial

Free version

PayProp's Best Rated Features

5.0ACH Payment Processing

See All

PayProp's Worst Rated Features

3.0Multi-Location

See All

[Yardi Voyager](https://www.softwareadvice.com/property/yardi-voyager-profile/)

Yardi Voyager is an end-to-end property management system that serves owners, operators and investors in every real estate secto...[Read more about Yardi Voyager](https://www.softwareadvice.com/property/yardi-voyager-profile/)

**4.2**

([253 reviews](https://www.softwareadvice.com/property/yardi-voyager-profile/reviews/))

**19**

recommendations

Free trial

Free version

Yardi Voyager's Best Rated Features

5.0Lease Tracking

See All

Yardi Voyager's Worst Rated Features

Mobile App

See All

[Rentvine](https://www.softwareadvice.com/property/rentvine-profile/)

Rentvine is redefining what property management software looks like for single-family rental operators, and Software Advice user...[Read more about Rentvine](https://www.softwareadvice.com/property/rentvine-profile/)

**4.7**

([11 reviews](https://www.softwareadvice.com/property/rentvine-profile/#reviews))

**12**

recommendations

Free trial

Free version

Integrations

Integrations

Rently

ShowMojo

+6 more

+5 more

+4 more

Rentvine's Best Rated Features

5.0Lease Tracking

See All

Rentvine's Worst Rated Features

3.0Reporting & Statistics

See All

[Entrata](https://www.softwareadvice.com/property/entrata-profile/)

Entrata is a comprehensive property management operating system for multifamily communities worldwide. It unifies leasing, opera...[Read more about Entrata](https://www.softwareadvice.com/property/entrata-profile/)

**4.6**

([444 reviews](https://www.softwareadvice.com/property/entrata-profile/reviews/))

**10**

recommendations

Free trial

Free version

Integrations

Integrations

Google Analytics 360

Domo

+2 more

+1 more

+0 more

Entrata's Best Rated Features

5.0Property Management

See All

Entrata's Worst Rated Features

For Real Estate

See All

[Building Stack](https://www.softwareadvice.com/property/building-stack-profile/)

Building Stack is a cloud-based property management solution designed for Canadian businesses of all sizes. Key features include...[Read more about Building Stack](https://www.softwareadvice.com/property/building-stack-profile/)

**4.5**

([17 reviews](https://www.softwareadvice.com/property/building-stack-profile/#reviews))

**9**

recommendations

Free trial

Free version

[Re-Leased](https://www.softwareadvice.com/property/re-leased-profile/)

Re-Leased is a cloud-based commercial property management solution. Key features include accounting, portfolio management, tenan...[Read more about Re-Leased](https://www.softwareadvice.com/property/re-leased-profile/)

**4.5**

([84 reviews](https://www.softwareadvice.com/property/re-leased-profile/reviews/))

**4**

recommendations

Free trial

Free version

Integrations

Integrations

Gmail

Xero

+12 more

+11 more

+10 more

Re-Leased's Best Rated Features

5.0Lease Management

See All

Re-Leased's Worst Rated Features

Maintenance Management

See All

[Total Management](https://www.softwareadvice.com/property/total-management-profile/)

Total Management is a cloud-based property management solution suitable for midsize to large organizations that manage apartment...[Read more about Total Management](https://www.softwareadvice.com/property/total-management-profile/)

**4.2**

([91 reviews](https://www.softwareadvice.com/property/total-management-profile/reviews/))

**3**

recommendations

Free trial

Free version

Integrations

Integrations

QuickBooks Desktop

+0 more

+0 more

+0 more

Total Management's Best Rated Features

4.0Insurance Management

See All

Total Management's Worst Rated Features

3.0Payment Processing

See All

[Innago](https://www.softwareadvice.com/property/innago-profile/)

Innago is a cloud-based property management solution created to streamline the task of managing rental properties. The platform ...[Read more about Innago](https://www.softwareadvice.com/property/innago-profile/)

**4.9**

([522 reviews](https://www.softwareadvice.com/property/innago-profile/reviews/))

Free trial

Free version

Integrations

Integrations

QuickBooks Online

Dropbox Sign

+5 more

+4 more

+3 more

Innago's Best Rated Features

5.0Activity Dashboard

See All

Innago's Worst Rated Features

Reservations Management

See All

[Landlord Studio](https://www.softwareadvice.com/property/landlord-studio-profile/)

Landlord Studio is an all-in-one property- and rental-accounting platform for DIY landlords managing 3–9 residential units. On...[Read more about Landlord Studio](https://www.softwareadvice.com/property/landlord-studio-profile/)

**4.9**

([150 reviews](https://www.softwareadvice.com/property/landlord-studio-profile/reviews/))

Free trial

Free version

Integrations

Integrations

Xero

+0 more

+0 more

+0 more

Landlord Studio 's Best Rated Features

5.0Reporting & Statistics

See All

Landlord Studio 's Worst Rated Features

Activity Tracking

See All

[Hemlane](https://www.softwareadvice.com/property/hemlane-profile/)

Hemlane is modern property management software that helps you run your rentals—from move-in to move-out. Hemlane automates leasi...[Read more about Hemlane](https://www.softwareadvice.com/property/hemlane-profile/)

**4.8**

([226 reviews](https://www.softwareadvice.com/property/hemlane-profile/reviews/))

Free trial

Free version

Integrations

Integrations

Stripe

Zillow Rental Manager

+3 more

+2 more

+1 more

Hemlane's Best Rated Features

5.0Expense Tracking

See All

Hemlane's Worst Rated Features

API

See All

[NetLease](https://www.softwareadvice.com/property/netlease-profile/)

NetLease is a lease management platform that helps businesses streamline lease accounting within any ERP system. Users can gener...[Read more about NetLease](https://www.softwareadvice.com/property/netlease-profile/)

**5.0**

([49 reviews](https://www.softwareadvice.com/property/netlease-profile/reviews/))

Free trial

Free version

Integrations

Integrations

NetSuite

+0 more

+0 more

+0 more

NetLease's Best Rated Features

5.0Multi-Currency

See All

NetLease's Worst Rated Features

3.0Activity Dashboard

See All

[Leasecake](https://www.softwareadvice.com/property/leasecake-profile/)

Leasecake is the industry-leading lease and location management platform built for the restaurant and retail industries. As the ...[Read more about Leasecake](https://www.softwareadvice.com/property/leasecake-profile/)

**5.0**

([23 reviews](https://www.softwareadvice.com/property/leasecake-profile/reviews/))

Free trial

Free version

Integrations

Integrations

QuickBooks Online

NetSuite

+3 more

+2 more

+1 more

Leasecake's Best Rated Features

5.0Compliance Management

See All

Leasecake's Worst Rated Features

Insurance Management

See All

[Unit Trac](https://www.softwareadvice.com/cafm/unit-trac-profile/)

Unit Trac is a cloud-based self-storage software solution that helps users manage their facilities. Key features include lease m...[Read more about Unit Trac](https://www.softwareadvice.com/cafm/unit-trac-profile/)

**4.7**

([68 reviews](https://www.softwareadvice.com/cafm/unit-trac-profile/reviews/))

Free trial

Free version

Integrations

Integrations

Stripe

Google Maps

+1 more

+0 more

+0 more

Unit Trac's Best Rated Features

5.0Lead Management

See All

Unit Trac's Worst Rated Features

3.0Pricing Management

See All

[Spacebase](https://www.softwareadvice.com/property/spacebase-lease-management-profile/)

Spacebase is a cloud-based lease management solution that assists real estate and hospitality firms with expense, portfolio and ...[Read more about Spacebase](https://www.softwareadvice.com/property/spacebase-lease-management-profile/)

**4.8**

([37 reviews](https://www.softwareadvice.com/property/spacebase-lease-management-profile/reviews/))

Free trial

Free version

Integrations

Integrations

Workday HCM

Okta

+6 more

+5 more

+4 more

Spacebase's Best Rated Features

5.0Contact Management

See All

Spacebase's Worst Rated Features

Electronic Payments

See All

[ExactEstate](https://www.softwareadvice.com/property/exactestate-profile/)

ExactEstate is your all-in-one cloud-based property management solution, streamlining every aspect of property management, from ...[Read more about ExactEstate](https://www.softwareadvice.com/property/exactestate-profile/)

**4.9**

([18 reviews](https://www.softwareadvice.com/property/exactestate-profile/#reviews))

Free trial

Free version

ExactEstate's Best Rated Features

5.0Vacancy Management

See All

ExactEstate's Worst Rated Features

Portfolio Management

See All

[Rex Cirrus8](https://www.softwareadvice.com/real-estate-transaction-manage/cirrus8-profile/)

Take the stress out of managing commercial properties with Rex Cirrus8, the all-in-one cloud platform for property managers, fac...[Read more about Rex Cirrus8](https://www.softwareadvice.com/real-estate-transaction-manage/cirrus8-profile/)

**5.0**

([15 reviews](https://www.softwareadvice.com/real-estate-transaction-manage/cirrus8-profile/reviews/))

Free trial

Free version

Integrations

Integrations

Xero

MYOB Business

+9 more

+8 more

+7 more

Rex Cirrus8's Best Rated Features

5.0Alerts/Notifications

See All

Rex Cirrus8's Worst Rated Features

3.0Communication Management

See All

1

[2](https://www.softwareadvice.com/property/lease-management-comparison/?page=2)[3](https://www.softwareadvice.com/property/lease-management-comparison/?page=3)[4](https://www.softwareadvice.com/property/lease-management-comparison/?page=4)[5](https://www.softwareadvice.com/property/lease-management-comparison/?page=5)[6](https://www.softwareadvice.com/property/lease-management-comparison/?page=6)

## Popular Comparisons

[

DoorLoop vs Buildium

](https://www.softwareadvice.com/property/buildium-property-manager-profile/vs/doorloop/)[

Yardi Breeze vs AppFolio Property Manager

](https://www.softwareadvice.com/property/appfolio-property-manager-profile/vs/yardi-breeze/)[

ResMan vs Rent Manager

](https://www.softwareadvice.com/property/ensoware-resman-profile/vs/rent-manager/)[

Entrata vs Innago

](https://www.softwareadvice.com/property/entrata-profile/vs/innago/)[

TenantCloud vs Guesty

](https://www.softwareadvice.com/hotel-management/guesty-profile/vs/tenantcloud/)[

RentRedi vs Yardi Voyager

](https://www.softwareadvice.com/property/rentredi-profile/vs/yardi-voyager/)

## Your Guide to Top Lease Management Software, October 2023

Software Advice uses reviews from real software users to highlight the top-rated Lease Management products in North America.

[Learn how products are chosen](https://www.softwareadvice.com/legal-page/frontrunners-methodology/)

#### Explore FrontRunners

-   [Innago](https://www.softwareadvice.com/property/innago-profile/)
-   [DoorLoop](https://www.softwareadvice.com/property/doorloop-profile/)
-   [Landlord Studio](https://www.softwareadvice.com/property/landlord-studio-profile/)
-   [ResMan](https://www.softwareadvice.com/property/ensoware-resman-profile/)
-   [Hemlane](https://www.softwareadvice.com/property/hemlane-profile/)
-   [Avail](https://www.softwareadvice.com/property/avail-profile/)
-   [Entrata](https://www.softwareadvice.com/property/entrata-profile/)
-   [Visual Lease](https://www.softwareadvice.com/property/visual-lease-profile/)
-   [Rent Manager](https://www.softwareadvice.com/property/rent-manager-profile/)
-   [Yardi Voyager](https://www.softwareadvice.com/property/yardi-voyager-profile/)
-   [RentRedi](https://www.softwareadvice.com/property/rentredi-profile/)
-   [TenantCloud](https://www.softwareadvice.com/property/tenantcloud-profile/)
-   [Nomos One](https://www.softwareadvice.com/property/nomos-one-profile/)
-   [ManageCasa](https://www.softwareadvice.com/nonprofit/managecasa-profile/)
-   [Buildium](https://www.softwareadvice.com/property/buildium-property-manager-profile/)
-   [Yardi Breeze](https://www.softwareadvice.com/property/yardi-breeze-profile/)
-   [AppFolio Property Manager](https://www.softwareadvice.com/property/appfolio-property-manager-profile/)

“Usability” includes user ratings for Functionality and Ease of Use.

“Customer Satisfaction” includes user ratings for Customer Support, Likelihood to Recommend and Value for Money.

Reviews analysis period: The reviews analysis period spans two years and ends the 15th of the month prior to publication.

Imagine tracking your real estate and lease details manually. Could you keep all the important dates, rent payments, and tenant information straight? Could you truly manage your entire portfolio without help?

Lease management software, or lease administration software, helps track all of these details in a centralized location, and it goes further to offer notifications and visualization into the efficiency and profitability of your lease activities.

So not only is it a repository of searchable data; lease management software also gives you a valuable overview of the health of your portfolio.

This guide can help you determine the features and aspects to keep in mind while considering software.

**We’ll cover:**

-   [What is lease management software?](#Whatisleasemanagementsoftware)
    
-   [Common features of lease management software](#Commonfeaturesofleasemanagementsoftware)
    
-   [What type of buyer are you?](#Whattypeofbuyerareyou)
    
-   [What are the market trends of lease management software?](#Whatarethemarkettrendsofleasemanagementsoftware)
    
-   [How is lease management software priced?](#Howisleasemanagementsoftwarepriced)
    

## What is lease management software?

Aimed at various types of professionals, lease management software stores important data about leased property or equipment and often the associated financial and legal information.

In general, the key benefits of using lease management software is:

-   **Saving time** by retrieving lease dates, clauses or other information quickly. If a mobile app is included, this data is accessible at nearly any moment.
    
-   **Saving effort** by having dashboard-style information about your portfolio in a centralized system.
    

_Listing of leases with status and date notifications in_ [Buildium](http://www.softwareadvice.com/property/buildium-property-manager-profile/)

In most systems, much of the core accounting calculations, such as straight-line rent, can be performed automatically. The variety of available applications within lease management software makes it flexible and adaptable to any kind of lease activity.

## Common features of lease management software

These systems can include several types of functionality, but in general, the following features are common:

<table data-testid="blogTableComponent" class="mb-6 w-full bg-white  border border-solid border-grey-15  sm:[&amp;_*]:break-normal"><tbody><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Document storage and management</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">Document storage helps keep your leases secure, and users can add new documents or perform a search to pull up any specific details from a laptop or mobile device.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Lease clauses</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">Instead of simply storing leases as text, many systems can move clauses into groups so users can find specific language or generate reports.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Notifications and Alerts</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">Each lease includes several important dates, such as those for rent increases, consumer price index changes, tenant improvement allowances and more. Alerts can often be scheduled automatically and delivered via email or other methods.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Accounting</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">Lease accounting requires a significant deal of compliance practices, which is why software typically helps remain compliant with FASB and IASB lease standards. In addition, systems often includes core features like payment tracking and invoicing.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Marketing</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">Some systems offer marketing tools to help landlords find tenants using online leasing. Prospective tenants can complete online leases with e-signature technology to save time.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Mapping</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">For those with multiple properties across a large geographic area, lease management software can visualize your portfolio on a map, often with color-coded tags to identify the status or type of each property.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Reporting</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">A lease management system contains a wealth of data, and users can generate different types of reports to reveal any trends in your portfolio—whether it’s financial or pertains to inventory of space.</p></td></tr></tbody></table>

Lease management software can also integrate with other key parts of your operational software, such as:

-   [Core accounting systems](http://www.softwareadvice.com/accounting/)
    
-   [Facilities management software (CAFM)](http://www.softwareadvice.com/cafm/)
    
-   [Space management software](http://www.softwareadvice.com/cafm/iwms-comparison/)
    

These integrations help to centralize all lease data with building systems and costs to make more informed, holistic business decisions.

## What type of buyer are you?

Depending on the type of real estate or assets you are leasing, software will offer specific benefits:

**Residential Property Managers.** These professionals need a [property management system](http://www.softwareadvice.com/property/) that automates common daily tasks for [multi- or single-family properties](http://www.softwareadvice.com/property/apartment-management-software-comparison/), and a valuable part of that platform is lease management. You may find stand-alone lease management software can meet your needs by handling the maintenance of lease documents and allowing renters to review and sign leases remotely.

This lets tenants move-in quicker, and frees managers or owners to focus on other aspects of their portfolio.

**Corporate Real Estate Executives.** CRE professionals must keep a close eye on their [company’s entire real estate portfolio](http://www.softwareadvice.com/property/commercial-real-estate-software-comparison/) to stay on top of important dates or opportunities.

A lease management system can offer a bird’s-eye view of all lease activities to help identify strategic cost-saving opportunities or make decisions that increase profitability.

**Equipment Leasing.** Companies often execute leases for assets other than real estate, such as equipment—whether it’s machinery, tools, vehicles or other types.

Tracking these leases can be more complex, and lease management software offers information about the equipment’s location, status and important dates.

## What are the market trends of lease management software?

The Financial Accounting Standards Board and the International Accounting Standards Board have issued updates since 2010, likely causing a boost in the adoption of lease management software to help companies remain compliant.

Here is some extra details about the most recent changes you should know about:

**2016 Changes to the FASB and IASB** require that companies must now report all assets or liabilities stemming from lease transactions on balance sheets, including any real estate or equipment leasing.

These [new regulations](http://www.fasb.org/jsp/FASB/Page/BridgePage&cid=1351027207574) go into effect starting January 2019 for private companies and December 2018 for public companies. 

Compliance to these new changes will require greater effort in accounting, and many real estate professionals are preparing for these changes by adopting new software built with these specifications in mind.

## How is lease management software priced?

Lease management systems can be offered stand-alone or, typically, within a property management suite. Therefore, the pricing can vary depending on how robust you need the solution to be. 

For most systems, **monthly or annual subscription** fees based on the **number of users or leases.** 

Like most other software markets, deployments can be:

-   **On-premise**, where the system is implemented at the site of the company's facilities.
    
-   **Cloud-based**, where the system is located at the vendor’s site, but accessible by the company via the web.
    

[Cloud-based options](http://www.softwareadvice.com/property/web-based-property-management-software-comparison/) are often aimed at smaller companies since they require a smaller upfront investment. In addition, upgrades and maintenance are handled on the vendor’s side, so organizations without a dedicated IT department can generally avoid the technical issue that can occur by hosting the software on-site.

On-premise systems, however, often include a larger upfront cost from a perpetual license, and potentially, upgrade charges, maintenance fees, customizations, and implementation services. Some companies prefer these deployments because they can hold onto their data on-site.

### Related Lease Management Software

-   [Contract Management Software](https://www.softwareadvice.com/contract-management/)
-   [Real Estate Property Management Software](https://www.softwareadvice.com/property/)
-   [Rental Software](https://www.softwareadvice.com/rental/)