LeaseEagle Review - why 4.3 stars?

Shlomi Lavi / updated: Apr 19, 2022

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What is LeaseEagle?

LeaseEagle® is a retail leasing and property management software based on advanced cloud technology with simple setup process and integration features. The software offers powerful collaboration tools for managing document executions, critical lease data, communications and reporting. Users can manage portfolios, handle projects and workflows, manage payments and finals and do analysis and reporting in a smart way using this retail leasing software.

Synetek Systems, the company behind LeaseEagle®, was founded back in 2005. The company is known for providing business application services for SMBs and has over sixty years of business and corporate real estate expertise. The award winning lease administration solution is used by thousands of users at the moment.

Who is it best for?

LeaseEagle® can be used by multi-site retail, commercial and franchise business owners. The retail leasing solution is being used by industries involved in fashion and footwear, health and beauty, food and restaurants, bulky goods, general retail, franchising and corporate. The software is specifically designed for retail tenants and can be accessed via internet from anywhere without anything to install on your network. Gloria jean’s Coffees, Nando’s and The Coffee Club are some of the clients of LeaseEagle®.

Main features and functionalities

LeaseEagle® is filled with almost all the features required for helping retail tenants. The portfolio management part of this solution offers lease lifecycle management, detailed store information, lease administration, franchise agreements, property and landlord details, integrated contacts manager, document management, critical date email alerts and more. The projects and workflows part features lease management tracking, task and program management, multiple project views, project collaboration tools, automated project user alerts, auto-email sales reporting and more.

Some of the best features of reporting and analysis part are: real-time portfolio dashboard, lease and franchise reporting, CAMS reconciliation management, multi-period reporting, percentage rent tracking and more. The software also offers some necessary payments and financials features like accounts payable processing, account code integration and auto CPI management. Customers living in Australia and New Zealand can use LeaseEagle®’s data services for database setup and data abstraction help.

What is the actual cost?

The cost of license starts at $500 per feature/month. ITQlick pricing score is 6.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for LeaseEagle. You can also find here pricing information from LeaseEagle's website.

Pros

• LeaseEagle® supports uploading existing MS Excel spreadsheet files into LeaseEagle®’s database
• LeaseEagle®’s technical support is always ready to help and the phone support is free for the first 90 days
• The reporting function of LeaseEagle® is very easy to use and offers a snapshot of the portfolio in just a single click
• The reports created by this software are highly customizable and the interface is user-friendly
• Users can give limited access to external parties for reviewing property issues

Cons

• LeaseEagle®’s multiple language supported version is only available at an additional cost
• LeaseEagle® takes about 7 days to go live with all the required data loaded
• The free telephone support of LeaseEagle® is only available for the first 90 days
• Discounts on pricing plans are only available for large customers and on three year subscriptions
• Features like invoice processing, auto payments and financial reporting are available as an additional module at an additional cost

How it stacks up?

Access a head to head analysis of LeaseEagle vs alternative software solutions.

Frequently Asked Questions (FAQs)