TopToolAdvisor

Review · Finance & accounting

iLeasePro review

ASC 842 lease accounting and contract management with published pricing, a FASB Classification Wizard and implementation in under a week.

By the TopToolAdvisor research desk · Updated November 11, 2026

Features (35%)
7.4
Ease of use (35%)
8.5
Value (30%)
8.6

iLeasePro is one of the few lease accounting vendors that publishes its prices, and that transparency is its main appeal. iLeaseXpress covers up to 15 leases for $149 per month in the default calculator setting, can be cancelled at any time, and exports to Excel. The full iLeasePro plan removes the lease cap, adds 50+ reports, a Sage Intacct integration and virtual support with 5 free hours, but requires a contract, with 10% off for two years and 15% off for three. The accounting engine starts with a FASB Classification Wizard that classifies each lease, then generates journal entries, amortization schedules and disclosure reports, with an audit trail and an annually audited SOC 1 Type 2 report for your auditor. Critical date alerts cover expirations, options and insurance renewals. The trade-off is scope: the site is built around ASC 842 and does not list IFRS 16 or GASB, so multinational or public sector teams should look higher on this list.

Who it is for

US private companies that want published prices and fast setup

Price

iLeaseXpress $149 per month for up to 15 leases; iLeasePro for unlimited leases priced by calculator; 15-day free trial.

$149 per month iLeaseXpress Perfect for your needs with up to 15 leases
Quoted from the vendor pricing page on November 11, 2026.

Key features

  • FASB Classification Wizard classifies each lease, then generates journal entries and amortization schedules
  • Financial disclosure reports and 50+ standard reports
  • Critical date alerts for expirations, options and insurance renewals
  • Sage Intacct integration on iLeasePro; Excel export on iLeaseXpress
  • Annually audited SOC 1 Type 2 report

Strengths and weaknesses

  • Strength: Pricing and a lease-count calculator are published, no sales call needed
  • Strength: 15-day free trial with no credit card
  • Strength: iLeaseXpress can be cancelled at any time
  • Weakness: Pages focus on ASC 842 and do not list IFRS 16 or GASB support
  • Weakness: iLeasePro requires a contract commitment
  • Weakness: Portfolio and document management cost $1,208 per year each as add-ons

Key facts

  • Free trial: 15 days, no credit card
  • Plans: iLeaseXpress (up to 15 leases), iLeasePro (unlimited)
  • Implementation: Under 1 week, per iLeasePro
  • Controls: SOC 1 Type 2, audited annually

Where it ranks

iLeasePro is No. 6 in our Best Lease Accounting Software verdict.

Alternatives we scored

Visit ileasepro.com · Questions or corrections: editorial@toptooladvisor.com