Upload a lease you signed as the tenant and get commencement, rent steps, renewal deadlines and CAM audit rights back as cited fields, ready for any lease platform or ASC 842 schedule.
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Tenant-side tools US companies shortlist, checked against each vendor page in September 2026.
| Tool | Best fit | Lease accounting | Reads lease PDFs | Published price |
|---|---|---|---|---|
| Occupier | Tenants with 20 or more leases wanting admin, accounting and deals in one place | ASC 842, IFRS 16, FRS 102, GASB 87 as an add-on module | AI lease abstraction listed; human abstraction sold as services | Per lease and module, minimum 20 leases, no dollar price |
| Leasecake | Multi-location brands, restaurants and franchise systems | Lease accounting sold | AI lease abstraction listed | No dollar price, a ratio to rent only |
| Visual Lease | Enterprise occupiers, public sector | ASC 842, IFRS 16, GASB | AI abstraction built on CoStar | No pricing page |
| FinQuery | Accounting-led teams, multiple standards | ASC 842, IFRS 16, FRS 102, GASB 87, SFFAS 54 | AI-assisted lease abstraction listed | Main product on request; LeaseGuru from 1,099 dollars a year for 10 leases |
| Cradle | Small tenants that need ASC 842 only | ASC 842, GASB 87 and 96 | No | 99 dollars a month to 10 agreements, 199 to 20 |
| iLeasePro | Small tenants that want a published price and a trial | ASC 842 and IFRS 16 | Human abstraction service, no AI | 149 dollars a month up to 15 leases |
| LeaseAbstractors This tool | Any tenant loading leases into any of these tools | Feeds the tools above | Yes, AI with a page citation on every value | Published plans from 49 dollars a month |
Prices and features change. Re-check each vendor page before you sign and ignore directory listings that quote a different figure. Whether a renewal option is reasonably certain under ASC 842 stays a judgment for you or your CPA.
The platforms track and account. Somebody still has to read every lease first. That reading is what we automate.
Possession, rent commencement and expiration come back separately, because ASC 842 starts at possession and rent often starts months later.
Renewal, termination and expansion options with the exact notice window, so a location you want to keep never lapses.
Pro rata share, controllable expense caps, exclusions and the audit window, so you know which landlord statements to challenge and by when.
Every fixed step, percentage increase or CPI clause, laid out as a payment schedule you can drop into a lease accounting tool.
Exit rights and the holdover rate on each location, which decide what closing or downsizing a site really costs.
Excel and CSV output loads into Occupier, Leasecake, FinQuery, Cradle or your own workbook. Switch platforms later and the abstraction is already done.
Four steps. The only one that needs a person is the review.
Scanned or native PDF. Include commencement date letters, amendments and extension letters.
Dates, rent steps, options, operating expenses and exit rights return in one layout with a citation on every value.
Check commencement, rent steps and option deadlines against the cited pages before they drive payments or journal entries.
Import the Excel or CSV into your lease management tool, your ASC 842 software or the workbook your CPA maintains.
Which tenant-side platforms exist, what they cost, and what has to happen before any of them works.
Short answer: Lease management software for tenants tracks the leases your company signs as the occupier: every location, rent step, renewal option, notice deadline and the ASC 842 entries your auditor expects. The tenant-side platforms US companies shortlist are Occupier, Leasecake, Visual Lease and FinQuery, with Cradle and iLeasePro as lower-cost accounting tools. Only Cradle, iLeasePro and FinQuery (for its LeaseGuru tier) publish a dollar price. Every one of them needs your lease terms loaded first, and reading those terms out of the PDFs is the step our AI does in minutes, with a page citation on every field.
It is software built for the lessee side of a commercial lease. A landlord platform such as Yardi Voyager, MRI or AppFolio is organized around properties, rent rolls and collecting rent. A tenant platform is organized around your obligations: what you pay, when each option has to be exercised, which landlord CAM statements you can audit, and how each lease hits your balance sheet. That is why most of the search results for commercial lease software are landlord tools. If you are the company paying rent across 15 or 500 locations, you need the other kind.
A tenant platform usually covers four jobs. Lease administration keeps the abstract, the documents and the critical dates. Lease accounting builds right-of-use and liability schedules under ASC 842, IFRS 16 or GASB 87 and posts journal entries to your ERP. Payment management schedules rent and flags escalations. Some add transaction management for renewals and new sites. Which of those you actually need decides the shortlist far more than any feature grid.
There is no single winner, so here is how the tenant-side tools line up on their own pages, as we read them in September 2026.
Occupier says it was built for commercial tenants from day one. It sells lease administration as the base, in a Basic or Professional tier, with lease accounting and transaction management as add-on modules. Its pricing plan page states that each tier includes a minimum of 20 leases, with additional leases priced per lease, unlimited users, and implementation services such as lease abstraction and data migration sold as separate professional services packages. No dollar amount is published. Details in Occupier lease software pricing.
Leasecake markets itself to multi-location tenants, especially restaurant and franchise brands, and segments buyers on its homepage by size: 50 to 100 leases, 100 to 1,000 leases, and more than 1,000. It sells lease administration and lease accounting and lists AI lease abstraction. It publishes no dollar price; the pricing claim on its site is a ratio to rent. See Leasecake pricing, or Leasecake alternatives if it is already on your shortlist.
Visual Lease targets enterprise occupiers, names ASC 842, IFRS 16 and GASB, and now offers AI lease abstraction built on its owner CoStar. It has no pricing page. FinQuery, formerly LeaseQuery, is accounting-first, lists AI-assisted lease abstraction on its lease management page, and quotes its main product on request. Its LeaseGuru tier does print prices, from 1,099 dollars a year for 10 leases, lessee only.
For smaller tenants, Cradle publishes 99 dollars a month up to 10 agreements and 199 dollars a month up to 20, with users free, and iLeasePro publishes 149 dollars a month for up to 15 leases with a 15-day trial. Both are lease accounting tools and neither reads lease PDFs with AI.
Published prices run from about 99 dollars a month for 10 leases (Cradle) to a little over 1,000 dollars a year for 10 leases (FinQuery LeaseGuru). The platforms most tenants shortlist at 20 or more locations, Occupier, Leasecake and Visual Lease, price per lease or by portfolio size and quote on request. The software is rarely the biggest cost, though. Careful manual abstraction takes four to eight analyst hours per lease with its amendments, and implementation either bills that work as a services package or hands it back to your team. Our plans start at 49 dollars a month, so you can abstract the portfolio before you sign and walk into the quote with an exact lease count and the data file already built.
| Field | Why a tenant needs it |
|---|---|
| Commencement, rent commencement and expiration | ASC 842 starts at possession, which is often months before rent starts |
| Base rent schedule and escalations | Fixed steps, percentage or CPI; drives every payment and the lease liability |
| Renewal, termination and expansion options | A missed notice window on a key location is the costliest error in a portfolio |
| Operating expenses, CAM caps and audit rights | The audit window is where overcharges get recovered, and it closes quietly |
| Security deposit, letter of credit and guaranty | Cash tied up per location and who is on the hook if a unit is closed |
| Assignment and subletting rights | Decides whether you can exit a location you no longer need |
| Holdover rate and surrender obligations | Holdover at 150 to 200 percent of rent is a common and avoidable cost |
| Landlord notice address and contacts | An option exercised to the wrong address can be challenged |
If you issue GAAP financial statements and carry more than a handful of leases, in practice yes. ASC 842 puts nearly every lease longer than 12 months on the balance sheet as a right-of-use asset and a lease liability, and every renewal, rent change or early exit triggers a remeasurement. Private companies have applied it since fiscal years beginning after December 15, 2021. A spreadsheet works for five leases. At 30 it becomes the reason the close runs late. If your books are in QuickBooks, QuickBooks lease accounting covers the tools that post there; for a full walk through the requirements, see ASC 842 lease accounting software.
They share words and almost nothing else. Landlord software bills tenants, runs rent rolls and reconciles CAM to recover costs. Tenant software checks those same CAM statements against your lease, tracks the options you hold, and produces your lessee accounting. Using a landlord tool as a tenant means forcing your obligations into a receivables model, and none of the landlord platforms produce lessee ASC 842 schedules. If you are both, for example a retailer that subleases part of its space, look for a tool that handles lessee and lessor accounting, or read sublease abstraction for how we capture both sides.
Under 10 leases with a CPA doing the books, a clean abstract per lease plus Cradle, iLeasePro or your accountant workbook is defensible. From about 10 to 20 locations, a dedicated tool starts paying for itself the first time it saves a renewal. At 20 or more, Occupier and Leasecake become realistic, and enterprise occupiers with GASB or global IFRS 16 needs add Visual Lease and FinQuery to the list. Whichever you choose, compare the finalists in Leasecake vs Occupier or Occupier alternatives, and upload one of your leases above first. You get every date, rent step and option back cited to its page, which is exactly the data every one of these platforms will ask you for.
Restaurant and franchise groups have a few extra fields to track; see restaurant lease management software.
Still have questions? Our team is happy to help.
Talk to our teamFor tenants with 20 or more leases that want administration, accounting and deals together, Occupier. For multi-location and franchise brands, Leasecake. For enterprise occupiers with GASB or global IFRS 16 needs, Visual Lease or FinQuery. For accounting only at a published price, Cradle or iLeasePro. Each needs the lease terms supplied first.
Cradle publishes 99 dollars a month up to 10 agreements, iLeasePro 149 dollars a month up to 15 leases, and FinQuery LeaseGuru 1,099 dollars a year for 10 leases. Occupier, Leasecake and Visual Lease quote on request, and Occupier sets a 20 lease minimum. Budget separately for abstraction, four to eight analyst hours per lease by hand.
Landlord software bills tenants, runs rent rolls and recovers CAM. Tenant software tracks what you owe, the options you hold and the landlord statements you can audit, and produces lessee accounting under ASC 842. Landlord platforms do not produce lessee ASC 842 schedules.
A tenant that issues GAAP statements must record nearly every lease over 12 months as a right-of-use asset and a lease liability, and remeasure it on renewals and rent changes. Five leases fit in a spreadsheet. From about 10 to 20, dedicated software usually saves more close time than it costs.
Occupier lists AI lease abstraction as a product and sells human lease abstraction as part of its implementation services packages, priced by portfolio size. Our tool works alongside it: abstract the portfolio here and import the file into Occupier or any other platform.
Most platforms import a spreadsheet of lease terms or ask their services team to key them in. Abstract each lease with its amendments into one consistent file first, review the dates and rent steps against the source pages, then import it. That also makes switching platforms later painless.
Other options for tenant-side lease administration.
Learn moreThe two tenant-side platforms side by side.
Learn moreExtra fields for restaurant and franchise groups.
Learn moreWhat lessee accounting software has to do.
Learn moreASC 842 tools for companies that close in QuickBooks.
Learn moreHow the AI abstraction tools compare.
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Ask a questionEach plan includes a monthly allowance of pages, and the number you get depends on which AI model you choose at extraction time. Base AI processes pages faster; Pro AI delivers the highest field-level accuracy. Your allowance resets on your billing anniversary each month, unused pages do not roll over. A typical commercial lease runs 20 to 60 pages including amendments, so the Starter plan's 2,500 Base AI pages cover roughly 40 to 120 leases a month.
Once your included pages are used up, extraction pauses until the next billing cycle. You can upgrade your plan at any time mid-month, the higher allowance kicks in immediately and you are only charged the prorated difference for the remainder of the period.
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Enterprise is offered on custom terms: contact our support team.
