Is iLeasePro is for Lessees or Lessors?
iLeasePro is specifically for Lessees or Tenants of Real Estate and Equipment leases. iLeasePro has been designed by real estate and lease accounting experts to address the Lease Accounting changes but also as a long term global lease management solution. iLeasePro use the lease data captured (eg rent payments, lease commencement, lease expiration, etc) for each lease to automatically generate either the monthly payment general ledger entries for the new lease accounting standards. A user can also subscribe to plans that allow the use of the Portfolio feature which will aggregate the key data in the entire lease portfolio or selected groups within the portfolio and automatically create the monthly payment general ledger entries under the new standards.