Leasecake

RATING:

5.0

(19)

About Leasecake

Leasecake is the industry-leading lease and location management platform built for the restaurant and retail industries. As the single source of truth for all lease and location information, Leasecake stores all location data in one simple, easy-to-use platform, including leases, licenses, permits, assets, franchise agreements, contact information, important dates, and much more. With collaboration, tasks and auto-reminders, Leasecake helps multi-location operators and business owners stay on top of time-sensitive, mission-critical events, so they can save time, minimize risk, and better manage their growth.

Leasecake Pricing

Tiered pricing based on number of leases managed.

Starting price: 

$8.00 per month

Free trial: 

Not Available

Free version: 

Not Available

Capture and manage most of the details related to each of your individual locations, which includes everything from lease details, to financials, important dates and discussion around the locations critical events.
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Leasecake Reviews

Overall Rating

5.0

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

5

Most Helpful Reviews for Leasecake

1 - 5 of 19 Reviews

Jim

Real Estate, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2019

Great for a family office managing multiple properties

The experience has been fantastic. Leasecake is simple to use and easy to understand.

PROS

Saves me at least five hours a week compared to when I used spreadsheets and calendar reminders to track my 50+ tenants. My colleagues and I always have easy access to current lease and contact information about our tenants. Collecting rent is far easier now that my tenants can pay electronically. We don't spend nearly as much time chasing down checks.

CONS

Excited about being able to add reminders for equipment warranties, scheduled maintenance, etc.

Reason for choosing Leasecake

Customer service was too complex. I would have needed another team member to manage the system. Leasecake was also far more cost-effective and easier for my entire team to use.

Gabe

Medical Practice, 501-1,000 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed July 2023

Leasecake has made our lives easier

We didn't have any way to reliably prepare for notices due. We had a manual excel spreadsheet that needed to be eyeballed for notice dates, leasecake solved that with email notices. For example, I can tell it to send me a reminder 210 days before lease expiration if the notice is due 180 days prior. That gives us 1 month to decide what we want to do. I can create reports for next 18 months expiration dates to update senior management on the near future of our outlook, allows us to properly plan development after acquisition. Exporting all time rent schedules allows us to plan for future years.

PROS

The product itself is straightforward, easy to use and aesthetically pleasing. The best function is the monthly import it creates for our ASC842 calculation. There is minimal manipulation of this file to get imported into our accounting software, and soon there will be API connection to make this process even easier. The time saved with the ASC842 calculation is massive, I would estimate over 100 hours desk time saved over the past 18 months.

CONS

I honestly don't think there are any deficiencies with the product. Anything lacking is due to a lack of detail within our own leases which get reflected in leasecake. If your information is accurate and reliable, leasecake has features that will optimize how you can view and maintain that data and there shouldn't be a deficiency from the leasecake side whatsoever.

Reason for choosing Leasecake

We thought the software was more eye friendly and aesthetically pleasing, as well as easier to use.

Vendor Response

Hi Gabe, Wow thank you for this comprehensive review! We are so glad to hear the benefit you and your team are getting out of Leasecake with our critical date reminders and ASC 842 compliance. We look forward to continuing to work together! Cheers! The Leasecake Team

Replied August 2023

Carlo

Logistics and Supply Chain, 10,000+ employees

Used weekly for more than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2023

Great platform for property management

Providing transparency for our real estate footprint across independently functioning organizations.

PROS

User interface is a huge plus with Leasecake. Its so user friendly, you do not need to be trained on how to use the application; its very intuitive.

CONS

I wish there was more availability to create visually comprehensive dashboards.

Vendor Response

Hi Carlo, What a wonderful testament to the ease of use of our platform! What a compliment! We look forward to continuing to provide more, easy-to-use features in the future! Cheers! The Leasecake Team

Replied August 2023

Emily

Real Estate, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2023

Leasecake is a LIFESAVER!

PROS

From the start, Leasecake's team of people has always been top-notch. They are thorough in their training sessions, and always willing to assist at any time of day. The Leasecake platform has helped our company become more organized, efficient, and knowledgable about our leases - their Team is just the icing on the cake.

CONS

We would like if the platform was already tied into Contract Management, without being an add on. Other than that, everything is great!

Vendor Response

Thank you Emily for your kind words about our team! I will be sure to pass along this amazing feedback. It's fantastic to hear how Leasecake has helped your company become more knowledgable about your leases, that's what we aim to do! Cheers! The Leasecake Team

Replied August 2023

Danni

Retail, 1,001-5,000 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed July 2023

Leasecake is easy to use and has all the features I need to manage leases.

Overall, I think Leasecake is a great lease management software that offers a number of features that can help organizations to manage their leases more effectively.

PROS

Leasecake is a very user-friendly software, even for those who are not familiar with lease management software. The interface is clean and intuitive, and the features are easy to find and use.

CONS

The reporting features could be more robust, but they're still helpful for tracking lease performance.

Vendor Response

Thanks for your review, Danni! That's why we do what we do -- to help organizations manage their leases more effectively! We are so glad to hear it's going well so far and if there's anything you need, just let us know! Cheers! The Leasecake Team

Replied August 2023