What is iLeasePro?
iLeasePro is a lease management and administration system offered by iLease Management LLC. It is designed to streamline lease-related processes for businesses of various sizes. According to the vendor, iLeasePro is widely used by real estate professionals, property managers, lease administrators, finance and accounting professionals, as well as legal professionals.
Key Features
iLeasePro Dashboard: The iLeasePro Dashboard provides users with a summarized view of lease information through its intuitive user interface. According to the vendor, it includes a Lease Summary section that displays key metrics for easy reference.
Lease Portfolio Management: iLeasePro allows users to create an electronic library of leases, providing a centralized location for lease organization, management, and analysis. The vendor claims that the system is fully customizable to fit the specific needs of each organization.
Critical Date Tracking: iLeasePro enables users to effectively manage and receive notifications for critical dates defined in leases, such as lease expiration, option dates, and insurance renewals. According to the vendor, the system offers flexible management and customizable creation of critical dates.
Document Management: Users can create a comprehensive electronic library of lease documents within iLeasePro. The system serves as a central repository for leases, amendments, insurance certificates, photos, and other lease-related documents, ensuring easy access to all necessary information, as stated by the vendor.
Contact Management: iLeasePro provides a single source for all lease-related contacts. Users can assign roles to contacts for each lease, including lessors, asset managers, bankers, brokers, attorneys, and utility providers, facilitating communication and collaboration, according to the vendor.
Rent And Rent Step Escalations: According to the vendor, iLeasePro eliminates errors and standalone calculation processes by allowing users to perform complex lease term rent calculations easily. The system offers pre-defined rent payment types, concessions, and escalation methods for accurate and efficient rent calculations.
Comprehensive Lease Abstracting: iLeasePro enables users to manage and track critical dates defined in leases, such as lease expiration, option dates, and insurance renewals. The vendor claims that the system offers flexibility in managing these dates and allows for customizable creation of critical dates.
Enhanced Reporting: iLeasePro offers over 50 standard reports with filtering capabilities, according to the vendor. Users can produce variations of key data for lease portfolio analysis. Reporting categories include account level, lease analysis, lease audit, and more, providing comprehensive insights for informed decision-making.