# Leasecake Reviews **Vendor:** leasecake **Category:** [Lease Administration Software](https://www.g2.com/categories/lease-administration) **Average Rating:** 4.7/5.0 **Total Reviews:** 197 ## About Leasecake Leasecake is the all-in-one lease management and lease accounting platform built for multi-location tenants and the teams that support them. Designed for multi-unit brands and enterprise corporations, Leasecake centralizes every lease, location, and contract so real estate, finance, legal, and ops teams can work smarter, reduce risk, and scale with confidence. Most businesses are still managing leases with spreadsheets, email reminders, and shared folders. That approach doesn’t scale, and it leaves you exposed to missed renewals, hidden rent escalations, and compliance risks. Leasecake replaces the chaos with one intuitive system built for how growing brands actually operate. With Leasecake, you can: Track lease terms, rent schedules, renewal options, and key clauses Automate ASC 842 lease accounting and generate audit-ready journal entries Manage contracts, assets, permits, and documents by location Get ahead of critical dates with reminders and portfolio-wide visibility Use dashboards to spot risk, surface opportunities, and support decision-making Leverage AI to summarize documents, flag risk, and accelerate lease abstraction Whether you’re a corporate real estate leader, a franchise group, a private equity-backed brand, or a broker managing deals on behalf of tenants, Leasecake helps you stay organized, informed, and proactive. Everything lives in one place, so your team never loses track of what matters. What sets Leasecake apart is its simplicity. You don’t need to be a lease expert to use it, but if you are, you’ll appreciate how much time it saves. From day-to-day management to strategic initiatives like M&A, capital raises, and expansions, Leasecake keeps your portfolio running smoothly. Trusted by operators across food and beverage, retail, healthcare, automotive, and more, Leasecake turns real estate risk into opportunity. ## Leasecake Pros & Cons **What users like:** - Users find Leasecake's interface **easy to use** , streamlining lease management with all necessary information in one location. (30 reviews) - Users value the **efficient lease management** of Leasecake, appreciating its tracking, reporting, and fast customer support. (27 reviews) - Users find Leasecake **extremely helpful** for managing leases, reminders, and documentation efficiently with great organization. (15 reviews) - Users appreciate the **clarity and simplicity** of Leasecake's data management, enabling quick insights and easy document access. (11 reviews) - Users appreciate the **comprehensive information** clarity provided by Leasecake, simplifying access and enhancing quick insights. (10 reviews) - Users appreciate the **excellent customer support** and find Leasecake's software very user-friendly and easy to navigate. (10 reviews) - Easy Access (10 reviews) - Users highlight the **easy-to-navigate user interface** of Leasecake, enhancing their overall experience and efficiency. (9 reviews) - Alerts (8 reviews) - Notifications (8 reviews) **What users dislike:** - Users note the **limited regional customization** in Leasecake, impacting usability and local relevance significantly. (15 reviews) - Users feel that the **limited customization** options in Leasecake hinder their specific regional needs and preferences. (5 reviews) - Users note **missing features** in Leasecake, particularly in regional customization and notification efficiency, impacting usability. (5 reviews) - Users find the **poor usability** of Leasecake problematic, facing confusion and difficulty with notifications and reports. (4 reviews) - Users find the **complexity of information** overwhelming, making it difficult to navigate and utilize Leasecake effectively. (3 reviews) - Inadequate Reporting (3 reviews) - Integration Issues (3 reviews) - Users find the **learning curve steep** , requiring additional training and time to fully understand Leasecake's functionalities. (3 reviews) - Poor Reporting (3 reviews) - Poor Search Functionality (3 reviews) ## Leasecake Reviews ### 1. Excellent Easy to use Lease Management Platform **Rating:** 4.5/5.0 stars **Reviewed by:** Ethan S. | Enterprise (> 1000 emp.) **Reviewed Date:** May 09, 2023 **What do you like best about Leasecake?** As the Chief Legal Officer for a restaurant company with over 130 locations, I am thrilled to share my positive experience with Leasecake, which has transformed how we handle our leases. Since implementing Leasecake, we have seen a significant improvement in the transparency and organization of our lease documents and key terms. This software has allowed us to consolidate all of our leases into one centralized location, making it easy to access, review, and manage our lease agreements. With Leasecake, we can easily track lease expiration dates, rent payments, and other critical lease terms, helping us to avoid missed deadlines and penalties. One of the best features of Leasecake is its ability to easily share relevant lease information with both internal and external stakeholders. We can quickly generate custom reports and dashboards, giving our team real-time access to the information they need to make informed decisions. Leasecake also allows us to securely share documents and other lease-related information with auditors and other external stakeholders, helping us to build stronger relationships and improve our overall leasing process. Overall, Leasecake has been a game-changer for our organization. Its user-friendly interface and powerful reporting capabilities have helped us to streamline our lease management process and improve our overall level of efficiency and transparency. We highly recommend this software to any organization looking to simplify and streamline its lease management process. **What do you dislike about Leasecake?** Leasecake still needs a bit more work to incorporate lease models which incorporate percentage rent as a component of rent payments. **What problems is Leasecake solving and how is that benefiting you?** Sharing of documents, internal reporting, key event date tracking, contact information, productivity. ### 2. Leasing Coordinator **Rating:** 4.5/5.0 stars **Reviewed by:** Jarod H. | Small-Business (50 or fewer emp.) **Reviewed Date:** October 25, 2023 **What do you like best about Leasecake?** The best thing about Leasecake in my opinion is being able to create additional tabs almost everywhere. Another great feature that is helpul is the ability to create location filters and permenetly save the filter to share with associates. **What do you dislike about Leasecake?** Every now and then, there will be a glicth within the platform. Nothing substansial, Leasecake is a very helpful platform. **What problems is Leasecake solving and how is that benefiting you?** Leasecake helps solve most property administration problems **Official Response from Jenny Wakefield:** > Thank you for leaving us a review, Jarod! ### 3. Very good! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Restaurants | Small-Business (50 or fewer emp.) **Reviewed Date:** May 21, 2024 **What do you like best about Leasecake?** I am extremely happy with the way they let us manage full rent rolls and schedules. **What do you dislike about Leasecake?** I wish the UI was more intuitive as it is 2024. **What problems is Leasecake solving and how is that benefiting you?** Management of hundreds of leases at once at multiple properties. **Official Response from Jenny Wakefield:** > Thanks for your feedback! We'd love to chat with you and see how we can make our UI better! Anything we can do to help! Let us know if you have any time to chat! You can reach us at Support@leasecake.com. Best, Dave Chief Product Officer & Cofounder ### 4. Easy Platform to Learn/Use **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Food & Beverages | Small-Business (50 or fewer emp.) **Reviewed Date:** May 21, 2024 **What do you like best about Leasecake?** AI component can scan leases to extract critical information. Very user friendly platform. **What do you dislike about Leasecake?** Verifying that the information Cakebot extracts is accurate. **What problems is Leasecake solving and how is that benefiting you?** Staying on top of the portfolio of real estate, including: key dates, parties and rental rates/renewals **Official Response from Jenny Wakefield:** > We're thrilled to hear that you find Leasecake easy to use and appreciate the AI component for extracting critical lease information. Cakebot's capabilities have only just scratched the surface and we will continue to find new and faster ways to abstract and audit information! Thank you for sharing your thoughts! ### 5. GOLFTEC - Leasecake Review **Rating:** 5.0/5.0 stars **Reviewed by:** Matt B. | Mid-Market (51-1000 emp.) **Reviewed Date:** May 08, 2023 **What do you like best about Leasecake?** I think the best part about leasecake is the easy access to important information, rather than having to dig through a 60- page lease you can select specific sections that you are looking for. I also enjoy the frequent rent increase notifications that we get as a reminder. That information would be very difficult to retrieve and subsequently aggregate if leasecake didnt do it for us. **What do you dislike about Leasecake?** Depending on the amount of leases that are input into leasecake, sometimes you get alot of email notifications at one time. But thats the only thing I can think of that is negative. **What problems is Leasecake solving and how is that benefiting you?** Leasecake helps us aggregate important rent information and makes it easily retrievable for all users to quickly go in and find what they are looking for. It helps me get a high volume of information in a short time to prepare for meetings. ### 6. Leasecake Really is Piece of Cake **Rating:** 5.0/5.0 stars **Reviewed by:** Brian D. | Director of Real Estate, Mid-Market (51-1000 emp.) **Reviewed Date:** July 13, 2021 **What do you like best about Leasecake?** Leasecake puts me in control and liberates me from the drudgery of spreadsheets. **What do you dislike about Leasecake?** I have yet to find anything dislikable about the platform **Recommendations to others considering Leasecake:** Until you use Leasecake, you do not realize how much you really need Leasecake **What problems is Leasecake solving and how is that benefiting you?** Leasecake allows you and anyone on your Team you choose to have immediate access to comprehensive information on all locations in your portfolio from anywhere in the world with wifi access **Official Response from Jacqueline Buco:** > Glad you are having your cake and enjoying it too, Brian! ### 7. Responsive and professional **Rating:** 3.5/5.0 stars **Reviewed by:** Jasmine J. M. | Senior Leasing Coordinator, Irvine Company Office Properties, Mid-Market (51-1000 emp.) **Reviewed Date:** October 24, 2023 **What do you like best about Leasecake?** A lot of hand holding in the beginning which was great for meany of us who were unfamiliar with Leasecake. **What do you dislike about Leasecake?** It's a bit pricey...we will see if it is worth it. **What problems is Leasecake solving and how is that benefiting you?** Helps us create short abstracts to quickly summarize each of our stores. Also captures data easily and efficiently. ### 8. It's my one tool daily for all location questions. **Rating:** 5.0/5.0 stars **Reviewed by:** Scott S. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 23, 2023 **What do you like best about Leasecake?** That is sends me reminders about important dates coming up and provides an easy snapshot on location financials. **What do you dislike about Leasecake?** I need a photo tab to store all property photos of before and after of things like a build out. **What problems is Leasecake solving and how is that benefiting you?** having a central location for all important data ### 9. Leasecake for Hospitality **Rating:** 4.5/5.0 stars **Reviewed by:** Wes S. | Mid-Market (51-1000 emp.) **Reviewed Date:** May 09, 2023 **What do you like best about Leasecake?** Leasecake allows us to keep all of our important information in one place, and automate ASC reporting which can be extremely complicated. Leasecake has a great customer support team that helped us clean up all of our lease documentation in order to have accurate schedules. **What do you dislike about Leasecake?** The only thing that does not work well is how complicated the settings can be, but this is because ASC is complicated in general, and there is no way to make it easy. Leasecake has a wonderful support team to help navigate this. **What problems is Leasecake solving and how is that benefiting you?** Leasecake is allowing us to keep a comprehensive file for each of our leases, and allows us to easily import the ASC journal entries necessary to keep our financials compliant. ### 10. Easy to use and highly effective **Rating:** 5.0/5.0 stars **Reviewed by:** Jeremy M. | Mid-Market (51-1000 emp.) **Reviewed Date:** October 04, 2023 **What do you like best about Leasecake?** I like that it's a web-based application; it's intuitive and flexible. It suits my work style. Makes things quick and easy. **What do you dislike about Leasecake?** Not much. Its a great program. The search feature isn't as intuitive as I'd like. **What problems is Leasecake solving and how is that benefiting you?** Record management. Access. On the fly. **Official Response from Kyle B.:** > We're happy to hear that Leasecake is meeting your needs for record management and quick access. We'll take note of your feedback about the search feature and strive to make it more intuitive for you. ### 11. Real Estate Deal Management Tool **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Education Management | Mid-Market (51-1000 emp.) **Reviewed Date:** October 24, 2023 **What do you like best about Leasecake?** Leasecake offers flexibility in their platform to fit your team/org structure and workflows. **What do you dislike about Leasecake?** Their company association compnent of their Deal Manager doesn't fit all team structures. **What problems is Leasecake solving and how is that benefiting you?** Leasecake helps the team keep track of the various real estate activities we have going on in the organization. Securing real estate isn't a linear process. Leasecake is flexible enough to account for the bumps in the road that come with the process. **Official Response from Kyle B.:** > We're glad to hear that you find Leasecake flexible and accommodating to your team's needs. We appreciate your feedback about the company association component and will take it into consideration for future improvements. ### 12. Top-notch product and customer service **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Hospitality | Mid-Market (51-1000 emp.) **Reviewed Date:** May 12, 2023 **What do you like best about Leasecake?** Leasecake includes lease abstraction experts and a customer success team who have been invaluable to us. They helped navigate the leases and other documents for 109 retail stores where we are both landlord and tenant. The platform has already built in all the key points to track while allowing customization for our unique information. Prior to Leasecake, we monitored everything through spreadsheets. Their team is personal and prompt when I have questions about features or use of the platform. **What do you dislike about Leasecake?** I would like a better system for active versus terminated locations. Currently we add "Expired" to the location, but there is no way to filter as far as I know. I would also like to be able to view/preview reports prior to having to download and create subfolders in document management. **What problems is Leasecake solving and how is that benefiting you?** A few of our locations are part of a large franchise but are individually operated and have separate leases with the operators. Leasecake was willing to rethink the typical view and format it so we could see the distinct operator info the way we wanted. ### 13. Leasecake Review **Rating:** 5.0/5.0 stars **Reviewed by:** Brittany C. | Enterprise (> 1000 emp.) **Reviewed Date:** May 16, 2023 **What do you like best about Leasecake?** Leasecake is a great tool to house all your information in one place. It is easy to navigate, and the customer service representatives are extremely knowledgeable. Creating, updating and reporting on our properties is now quick and painless. **What do you dislike about Leasecake?** Surprisingly, there is no downside to Leasecake. The functionality is perfect for our business. It keeps us organized and on time with rent increases and/or changes. It has been extremely helpful when navigating our monthly financials. **What problems is Leasecake solving and how is that benefiting you?** Leasecake has helped us solve several problems. From start up, having the abstraction team upload our information. Creating our rent schedules and adding in reminders for sales reporting to our landlords. ### 14. Great tool for keeping up with critical details of multiple leases - UPDATES **Rating:** 5.0/5.0 stars **Reviewed by:** Amanda D. | Executive Associate, Mid-Market (51-1000 emp.) **Reviewed Date:** August 09, 2022 **What do you like best about Leasecake?** Leasecake is great for keeping up with the important details of every lease. Before we found Leasecake, our attorney had suggested we begin abstracting our leases ourselves - that would have required HOURS of work (hours that I just don't have). On top of that, I still would have had to create a spreadsheet to keep track of all that data, plus a separate platform to set reminders and task lists, etc. Thankfully, I discovered Leasecake and it does it all! Update: Our company has undergone a restructuring that has involved making changes to a few of our leases, and Leasecake has really come through for us! It's been astronomically easier to make decisions regarding our leases when we have all of the info we need in one place. **What do you dislike about Leasecake?** The only downside is that I can't seem to figure out how to create a recurring reminder for things not explicitly in the lease (I.e. reminders to pay rent every month - not just a reminder for rent increases). This may just be a result of my ignorance rather than a missing feature, though. Update: The team at Leasecake read this review and put time on their calendars to walk me through the recurring reminder process. With that level of customer service, I can't seem to find any downsides at all! **What problems is Leasecake solving and how is that benefiting you?** We have a major problem of too much data spread across too many platforms. Leasecake has greatly helped to consolidate, leaving us more time to focus on other important tasks. Update: Restructuring would have taken WEEKS longer than it has if it weren't for having all of our critical lease data in one place. Leasecake has truly streamlined the process. **Official Response from Brad Bornmann:** > Hi Amanda! Thanks for the kind review. I'm glad that we could help you consolidate your data and give you back more time! We're thankful that you discovered Leasecake!! ### 15. Leasecake is a top notch program for managing you leasing data in one secure location **Rating:** 5.0/5.0 stars **Reviewed by:** Brian B. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** The thing I like most about Leasecake is having one secure location for all of my leasing data. It is also very easy to navigate and very well laid out. It also has notifications set up to make sure you are aware of any lease changes months before they occur. This can be CAM adjustments as well as escalations. I would highly recommend this program especially to companies with multiple leases. **What do you dislike about Leasecake?** The one thing that I would like to see added to Leasecake is the ability to download the Rent Ranges into an Excel or PDF file. This would be very helpful in helping me prepare budgets and audit requests. Other than that I feel the product has everything I need. **What problems is Leasecake solving and how is that benefiting you?** It allows us to have all leasing data in one easy to use location. You never have to worry about lost leases or digging for hours on you system to locate information with the most current data ### 16. Leasecake is the platform I have open everyday in my computer **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Food & Beverages | Enterprise (> 1000 emp.) **Reviewed Date:** January 27, 2022 **What do you like best about Leasecake?** The opportunity to have all my +170 locations organized in one platform with access to critical information at a glance. The collaborative option to have all the information available for my teammates from other departments. The customer service is extremely helpful, and you have an immediate response to any doubt, question or inquiry that you need. **What do you dislike about Leasecake?** The necessity to update items going one by one, the layout display for reminders or critical dates could be better. After working with the platform for several years, the specific customization I created for my business becomes available for others, and I have to update going back. **Recommendations to others considering Leasecake:** Is a fantastic platform to keep up with multiple locations at a time. **What problems is Leasecake solving and how is that benefiting you?** The anticipation for lease expirations, having reports on all locations available. The greatest benefit is to have all data safe and in one exclusive database. The time we use to spend reviewing critical dates or clauses is now always available to share. **Official Response from Jacqueline Buco:** > Seems like you are really rolling & now on top of all your important dates and data! Would love to be able to help you with your display and updates : ) If you have not done so already please contact us or reach out to me direct (Jacqueline@leasecake.com) ### 17. Signed up for ASC842 - Pleasantly surprised by the file management benefits **Rating:** 4.0/5.0 stars **Reviewed by:** David M. | Mid-Market (51-1000 emp.) **Reviewed Date:** May 09, 2023 **What do you like best about Leasecake?** Exclusively signed up for ASC842 journal entries. This has sufficiently been concluded at this time. I have been Pleasantly surprised by the file management benefits of easily finding all my locations lease data in 1 location. **What do you dislike about Leasecake?** I do believe that the 840/842 journal entries were broken for us upon implementation. However, after back and forth were able to get those up and running. Otherwise everything has been working great. **What problems is Leasecake solving and how is that benefiting you?** It helped us by generating the journal entries and supporting documentation to allow us to get certified financial statements ### 18. Lease Software **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Furniture | Mid-Market (51-1000 emp.) **Reviewed Date:** October 24, 2023 **What do you like best about Leasecake?** one stop shop for everything lease related **What do you dislike about Leasecake?** timeliness of responses from leasecake team **What problems is Leasecake solving and how is that benefiting you?** Leasecake is helping with providing all the necessary information for our leases all in one place rather then having to sift through layers of information separetely outside the platform **Official Response from Kyle B.:** > We apologize for any delays in our responses. We are continuously working to improve our timeliness and appreciate your feedback. ### 19. Lease Cake has streamlined our processes and create time efficiencies **Rating:** 5.0/5.0 stars **Reviewed by:** Jake H. | Mid-Market (51-1000 emp.) **Reviewed Date:** April 21, 2023 **What do you like best about Leasecake?** Having a business of our scale, it has saved us so much time having everything in one place. The information it churns in the dashboard has been very helpful. **What do you dislike about Leasecake?** Notifications would be very helpful via email in dates that are upcoming. Point Leasecake is to have everything in one spot but you still have to log in and find it. **What problems is Leasecake solving and how is that benefiting you?** Biggest has been hard end dates to notify landlords that we are not renewing a lease. With over 125 commercial leases, this could be extremely costly if we were to miss any. ### 20. Leasecake Vey User Friendly **Rating:** 5.0/5.0 stars **Reviewed by:** Daniel K. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 16, 2023 **What do you like best about Leasecake?** Easy to navigate and upload documents. The Leasecake team was also accommodating in building the foundation of our account. The layout of the tabs makes it easy to find the topics you're looking for. **What do you dislike about Leasecake?** Since there was a lot of information to capture from our existing files, not everything transferred over accurately, which is not a fault of theirs, just some things needed to be tweaked to our specifications by our team. **What problems is Leasecake solving and how is that benefiting you?** Right now, I mostly audit our files to ensure all the data transferred from our in-house drive to Leasecake is accurate. Once finished with the auditing process, Leascake will be the leading resource for our real estate documents. Accounting also uses it to keep rent payments accurate and up to date. ### 21. Leasecake has been a valuable resource for tracking lease info, as well as implementing entries. **Rating:** 4.0/5.0 stars **Reviewed by:** Tim O. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 08, 2023 **What do you like best about Leasecake?** The support was beneficial, and whenever we had questions, the responses were timely. We had to create ASC 842 entries this year, and everything worked well for us. It is also helpful that various organization members can view location information. **What do you dislike about Leasecake?** Occasionally the reports were slow downloading. With over 100 leases, getting everything downloaded took a lot of time. In the future, we may consolidate to streamline that. It would be nice if the lease entries could be implemented with our accounting software. **What problems is Leasecake solving and how is that benefiting you?** We have a large number of leases, and it is a challenge tracking each one. Leasecake helps by having everything in one place, ease of use, and sends reminders when there are changes to leases. ### 22. Leasecake is very user-friendly! **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Mid-Market (51-1000 emp.) **Reviewed Date:** October 24, 2023 **What do you like best about Leasecake?** Love the user-friendly interface through all modules. **What do you dislike about Leasecake?** Would like to further customize the dashboard for our specific needs. **What problems is Leasecake solving and how is that benefiting you?** Tracking our leases and amendments, including renewals. **Official Response from Kyle B.:** > We're glad to hear that you find Leasecake user-friendly! Our goal is to make lease management as easy as possible. We appreciate your feedback about customizing the dashboard and will take it into consideration for future updates. ### 23. My best resource for keeping my leases organized **Rating:** 5.0/5.0 stars **Reviewed by:** Shaun N. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** Leasecake is an easy software to learn and use. From the moment I signed up, the team was always available and simplified our onboarding. All of the features are simple to turn on and the reminders are extremely helpful **What do you dislike about Leasecake?** I honestly do not have anything that I do not like about the program. This could be because I do not know other features that could be offered from other competitors, but I have been delighted with all the services offered. **What problems is Leasecake solving and how is that benefiting you?** Leasecake allows me not to miss any options or lease end dates. I feel confident that I will not miss any of these and I can maintain a positive relationship with my landlords. ### 24. Leasecake has made multi-location lease management doable for the first time **Rating:** 4.5/5.0 stars **Reviewed by:** James S. | Owner/CEO, Mid-Market (51-1000 emp.) **Reviewed Date:** May 10, 2023 **What do you like best about Leasecake?** Leasecake is intuitive to use and easy to customize for our use case. The team at Leasecake is really helpful. **What do you dislike about Leasecake?** Leasecake is a young company which means they are agile but also still working to build out features. Works great now and will do so much more in the future. **What problems is Leasecake solving and how is that benefiting you?** Huge help in meeting our lease deadlines! ### 25. Great software service to administer our lease porfolio documents. **Rating:** 5.0/5.0 stars **Reviewed by:** Armando P. | Enterprise (> 1000 emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** It allows you to manage the lease portfolio documents and information in such a way that they are available anytime with just a few clicks. Also, I like that it sends you e-mail alerts when anticipating contract renewals. **What do you dislike about Leasecake?** It does not allow you to see a rent projection considering an annual inflation adjustment. This would enable more rent expense visibility when making long-term income statement projections. **What problems is Leasecake solving and how is that benefiting you?** We are a company that is constantly growing in points of sale, which is why we reached a point where it was very difficult to maintain adequate control of our physical paper leases. ### 26. Leasecake is incredibly user friendly and proficient in managing our leased assets **Rating:** 4.5/5.0 stars **Reviewed by:** Adam R. | Enterprise (> 1000 emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** The platform is user-friendly and has abundant useful features beyond lease management, including managing licenses, permits, etc. The Leasecake team is responsive and knowledgable. **What do you dislike about Leasecake?** The only downside I can think of is that if there is missing information for a lease, the location is basically omitted until we have everything. I think some sort of partially incomplete status would be preferable. **What problems is Leasecake solving and how is that benefiting you?** The most significant benefit is undoubtedly the security that we will not miss a lease renewal and lose a location. This has also enabled us to identify locations in which we should renegotiate terms at an option. ### 27. Full Service ASC 842 Solution **Rating:** 5.0/5.0 stars **Reviewed by:** Brent R. | Partner, Small-Business (50 or fewer emp.) **Reviewed Date:** May 18, 2023 **What do you like best about Leasecake?** ASC 842 has been a monumental challenge for our firm because we have a relatively small audit department yet we have a handful of clients with in excess of 100 lease commitments each. Leasecake streamlined the implementation process for us by doing all of the heavy lifting and providing us with the journal entries, disclosures, and amortization schedules, and they were readily available to us for any questions we had throughout the entire process. **What do you dislike about Leasecake?** There is nothing we dislike about Leasecake. **What problems is Leasecake solving and how is that benefiting you?** ASC 842 implementation and accounting. **Official Response from Kyle B.:** > We're thrilled to hear that Leasecake was able to streamline the ASC 842 implementation process for your firm and provide the necessary support throughout. Thank you for sharing your positive experience! ### 28. Real estate answers **Rating:** 5.0/5.0 stars **Reviewed by:** Amish P. | Small-Business (50 or fewer emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** We have been using Leasecake for a little over a year, and what I like best is the ease of use of the software and how easy it is to extract data. We have over 30 leases in the system. There is no guesswork for my office to figure out when leases are ending and renewing. I also like how they have set up lease extractors. All I have to do is email them, and they take care of everything from entering renewal reminders, extracting the rent amounts, and extracting key details from the lease to locate it later. **What do you dislike about Leasecake?** I wish we were able to sync it our accounting software to generate invoices, and do auto Cam recs. **What problems is Leasecake solving and how is that benefiting you?** Leasecake is good at letting me know about my renewals, increases, expiring leases. ### 29. The Leasecake team was able to quickly abstract 41 leases and help us with ASC 842 implementation! **Rating:** 4.5/5.0 stars **Reviewed by:** Dave B. | Mid-Market (51-1000 emp.) **Reviewed Date:** April 21, 2023 **What do you like best about Leasecake?** Leasecake has the ability to identify and explain critical clauses in the leases that the client may not consider important. **What do you dislike about Leasecake?** Leasecake was unable to provide a consolidated ASC 842 analysis that our auditors required. **What problems is Leasecake solving and how is that benefiting you?** Leasecake is giving us great insight into our lease obligations and we use that information to assess future leases as we continue to grow. ### 30. Director of Project Management **Rating:** 5.0/5.0 stars **Reviewed by:** Ron L. | Small-Business (50 or fewer emp.) **Reviewed Date:** May 24, 2023 **What do you like best about Leasecake?** I love that we can find the lease abstract and rhetoric in the leases for landlord responsibilities vs. the GOLFTEC responsibilities for the new GOLFTEC centers we are building. **What do you dislike about Leasecake?** I get constant emails on rent notices and expirations, which I don't use as a daily part of my job. I will soon enough, though, as I could possibly be changing departments and duties. **What problems is Leasecake solving and how is that benefiting you?** Leasecake is a one-stop location for me to go and find the information I need. **Official Response from Kyle B.:** > It's great to hear that Leasecake is serving as a convenient one-stop location for your lease information needs! ### 31. I Love Leascake. **Rating:** 5.0/5.0 stars **Reviewed by:** Donna G. | Mid-Market (51-1000 emp.) **Reviewed Date:** March 10, 2023 **What do you like best about Leasecake?** The flexibility of the program. I can create my reports. Heather and Brad are very responsive. Everyone I have had d contact with is knowledgeable. **What do you dislike about Leasecake?** I would like to separate our leases between where we are the Landlord or the Leasee. I am sure it is possible but we are still in the set-up phase. **Recommendations to others considering Leasecake:** Great company to work with. **What problems is Leasecake solving and how is that benefiting you?** It is easier to keep up with all our leases and not having to constantly update spreadsheets. ### 32. Lease detail understanding **Rating:** 4.5/5.0 stars **Reviewed by:** David V. | Small-Business (50 or fewer emp.) **Reviewed Date:** April 21, 2023 **What do you like best about Leasecake?** It's nice to have all the dates of our leases at our fingertips which is great. **What do you dislike about Leasecake?** None that we can think of. In the future if Sola doesn't pay the annual fees and we need to, that may be something. **What problems is Leasecake solving and how is that benefiting you?** Having exact dates related to our lease is a great tool ### 33. Leasing Management Made Easy **Rating:** 5.0/5.0 stars **Reviewed by:** Perla M. | Enterprise (> 1000 emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** Leasecake is a user-friendly software that makes it easy to keep track of changes. For accounting, it makes ASC-842 recording easier, which is a plus. The software sends reminders that help track changes in lease increases. The software has helped immensely, as some landlords do not send reminders or monthly statements. It allows customizing and adding fields for reporting as needed. **What do you dislike about Leasecake?** Leasecake is still developing, and as such, there are some delays in updates and features that will be beneficial. We look forward to seeing these changes, as they are customized to users needs. **What problems is Leasecake solving and how is that benefiting you?** Leasecake is solving our redundancy problems. It has centralized all of our leases and caught issues we failed to see such as missing information on leases/locations we have acquired. ### 34. Everything in one place **Rating:** 5.0/5.0 stars **Reviewed by:** Raymond B. | Small-Business (50 or fewer emp.) **Reviewed Date:** February 10, 2023 **What do you like best about Leasecake?** It has all the pertinent facts about my leases, and proactively shows important dates such as monthly rent increases, landlord notifications, etc. **What do you dislike about Leasecake?** Not really anything. There is nothing that I needed to access that I didn't easily find. Everything was well laid out and cross referenced within the software. **What problems is Leasecake solving and how is that benefiting you?** It's helping me to keep my landlord honest and acts as a ready reference to make sure landlord charges are valid. It also helps to make sure I don't miss a key date. ### 35. Getting leases all in one spot **Rating:** 4.0/5.0 stars **Reviewed by:** Beth R. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 14, 2023 **What do you like best about Leasecake?** Getting all the leases organized and in one spot. We have several different properties and often are our own landlord. **What do you dislike about Leasecake?** I haven't really found anything that isn't helpful in Leasecake but there are things we don't use. The biggest obstacle is that is it does not handle the billing of rents and generating monthly invoices. We need to maintain separate software in order to generate invoices. **What problems is Leasecake solving and how is that benefiting you?** I don't have any right now. ### 36. Leasecake makes managing lease agreements easy! **Rating:** 5.0/5.0 stars **Reviewed by:** Spencer M. | Enterprise (> 1000 emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** The Leasecake portal is very easy to use. I like that we can add non-lease agreement information to our location information (i.e. preferred vendors, etc.) **What do you dislike about Leasecake?** I really can't think of anything I dislike about Leasecake. **What problems is Leasecake solving and how is that benefiting you?** Leasecake has made the application of ASC 842 extremely easy for us. Having 95 leases, it would be very time consuming if we had to administer the new lease accounting rule in Excel. ### 37. Leasecake is Your One-Stop Organizer! **Rating:** 5.0/5.0 stars **Reviewed by:** Nancy F. | Small-Business (50 or fewer emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** Reminders eliminate the worry of missing a critical date. It is the perfect tool for organizing multiple leases and never missing a renewal date or rate increase notice. **What do you dislike about Leasecake?** I like everything about Leasecake, especially the recent website updates that make navigating to the information you need easy. **What problems is Leasecake solving and how is that benefiting you?** Leasecake tracks lease renewal dates and rate increases and then sends a reminder so it is not overlooked. ### 38. 842 Implementation **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Restaurants | Mid-Market (51-1000 emp.) **Reviewed Date:** May 19, 2023 **What do you like best about Leasecake?** Leasecake has been a valuable tool for implementing ASC842. While knowledgeable on 842, my experience was limited to equipment leasing. Using Leasecake, my learning curve was accelerated & we implemented it within four weeks. Support has been attentive, especially with learning to run reports and respond to auditors. **What do you dislike about Leasecake?** The reporting was not intuitive to me. Once I understood, it hasn't been an issue. **What problems is Leasecake solving and how is that benefiting you?** Most significant is the ASC842 disclosures and accounting, but the lease reminders on increases & renewals are also important. **Official Response from Kyle B.:** > We're thrilled to hear that Leasecake has been instrumental in implementing ASC842 and has helped you with lease reminders and accounting disclosures. We appreciate your feedback on the reporting and will strive to make it more user-friendly for all our customers. ### 39. Appreciate the platform **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Health, Wellness and Fitness | Small-Business (50 or fewer emp.) **Reviewed Date:** January 28, 2022 **What do you like best about Leasecake?** The platform is easy to use and intuitive. It helps to keep all of my relevant information stored in one place. **What do you dislike about Leasecake?** The reports can get a little clunky looking. **What problems is Leasecake solving and how is that benefiting you?** Consistent data storage regarding lease information. It also allows multiple users to access this information. It also was helpful in doing the calcs for the new lease accounting standards. **Official Response from Jacqueline Buco:** > FANTASTIC to hear the ease and convenience of consolidation you and your team members are experiencing! Reporting is one of my personal favorite features of Leasecake and would love to show you how to leverage your tool. If you have not done so already please contact us or reach out to me directly (jacqueline@leasecake.com) :) ### 40. LeaseCake software and customer support has been much better than we ever imagined. **Rating:** 5.0/5.0 stars **Reviewed by:** Austin C. | managing partner, Small-Business (50 or fewer emp.) **Reviewed Date:** January 19, 2023 **What do you like best about Leasecake?** How easy it is to access lease info. With 20 leases, we can quickly pull important information that allows us to manage our real estate. **What do you dislike about Leasecake?** Nothing. LeaseCake is much better than we could of ever anticipated. Customer service team is top notch. **What problems is Leasecake solving and how is that benefiting you?** Easily keeping track of lease renewals and important dates. **Official Response from Brad Bornmann:** > Austin, Thanks for your kind words. We appreciate having you as a partner. ### 41. Leasecake has developed an onboarding process that is simple to understand and intuitive. **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Restaurants | Mid-Market (51-1000 emp.) **Reviewed Date:** August 05, 2023 **What do you like best about Leasecake?** No more searching for lease documents and the alerts. **What do you dislike about Leasecake?** Was a little time consuming to gather all the documents for abstraction. **What problems is Leasecake solving and how is that benefiting you?** Keeps me on top of key dates and allows quick access to key provisions to the lease. **Official Response from Kyle B.:** > We're glad to hear that you find our onboarding process simple and intuitive. We understand that gathering all the documents for abstraction can be time-consuming, and we appreciate your feedback. We're constantly working to improve our processes to make it easier for our users. Thank you for sharing your experience with Leasecake! ### 42. The application is great for keeping track of the leases and all the pertinent details. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Hospital & Health Care | Enterprise (> 1000 emp.) **Reviewed Date:** August 04, 2022 **What do you like best about Leasecake?** Everything is located within the click of a location, so basically everything needed at your fingertips. **What do you dislike about Leasecake?** The only thing I dislike is the accounting for a practice that is acquired mid-month. This is a manual process for us. I believe that Leasecake may have a solution that we will need to explore. **What problems is Leasecake solving and how is that benefiting you?** Leasecake avoids having leases saved in multiple folders thus allowing us to go to one source of truth. This allows us to be more productive when making out monthly lease payments. ### 43. Leasecake has been an incredibly valuable addition to our company. **Rating:** 5.0/5.0 stars **Reviewed by:** Steve V. | Vice President of Development and In-House Counsel, Mid-Market (51-1000 emp.) **Reviewed Date:** July 28, 2022 **What do you like best about Leasecake?** I love the Leasecake interface. It is simple, easy to understand and easy to update. Additionally, Leasecake is always looking at upgrade opportunities. The staff is incredibly friendly and always willing to listen to ways to continue to improve the platform. **What do you dislike about Leasecake?** The interface between different facets of Leasecake, like the Companies page and the Locations page could be improved upon. Those pages don't seamlessly communicate with one another but I believe that is actively being improved. **What problems is Leasecake solving and how is that benefiting you?** Leasecake keeps our lease data organized and easily accessible. During M&A transactions or auditing, it is incredibly valuable and allows us to be nimble and organized. Communications with landlords has been made easier and reports are easy to generate and even easier to digest. Additionally, we utilize Leasecake for new lease abstracting and our accounting requirements and it has saved an immense amount of labor. **Official Response from Brad Bornmann:** > Hi Steve, we appreciate the feedback. We're happy you love the interface and absolutely appreciate you sharing feedback on improvement! ### 44. Convenient maintenance of lease document **Rating:** 5.0/5.0 stars **Reviewed by:** Greg L. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** We find the continuous updates on rent changes very helpful. **What do you dislike about Leasecake?** Navigating the website to input documents changes frequently. Sometimes it is not intuitive where documents should be uploaded. **What problems is Leasecake solving and how is that benefiting you?** We manage leases on the tenant and landlord side. Keeping them organized if very beneficial. ### 45. NEVER MISS A LEASE EXTENSION AGAIN **Rating:** 5.0/5.0 stars **Reviewed by:** Jeffrey K. | Business owner, Mid-Market (51-1000 emp.) **Reviewed Date:** September 01, 2022 **What do you like best about Leasecake?** FOR ANYONE THAT HAS MULTIPLE LEASES OR OTHER AGREEMENTS, LEASECAKE IS THE ONE PLACE YOU CAN HAVE ALL OR YOUR DOCS IN ONE LOGIN. WHEN WE FIRST STARTED WITH THEM WE COULD ONLY DO LEASES, NOW WE CAN USE ALL SORTS OF DOCS. **What do you dislike about Leasecake?** THERE IS NOTHING REALLY I DISLIKE, SOMETIMES IT IS HARD FOR ME TO GET ALL OF THE STUFF UPLOADED. **What problems is Leasecake solving and how is that benefiting you?** I HAVE BEEN ABLE TO GET GOOD LEASE LOCATIONS WHEN THE CURRENT TENANT HAS FORGOTTEN TO RENEW THE LEASE. I USE LEASECAKE TO KEEP TRACK OF THE DATES THAT THESE RENEWALS ARE DO. AS WELL AS I HAVE LEASES AND FRANCHISE AGREEMENTS UPLOADED SO I CAN SEND SOMEONE A LOGIN AND ALL THE ITEMS ARE IN ONE PLACE. **Official Response from Olivia Morales:** > Thanks so much for your review Jeffrey! Glad to hear you are enjoying Leasecake! I'd love to connect with you to learn about any ways we can enhance your experience. Please feel free to reach out to me at Olivia@leasecake.com. ### 46. Amazing customer service and simplicity of use **Rating:** 5.0/5.0 stars **Reviewed by:** Reed S. | Temporary Legal Assistant, Small-Business (50 or fewer emp.) **Reviewed Date:** February 24, 2022 **What do you like best about Leasecake?** The best part about Leasecake is the service, from the sales professionals, Account Managers, to the customer success managers and even the marketing team. The company I switched from provided many of unnecessary components to complicate a very simple need. Lease Management. **What do you dislike about Leasecake?** There are a few minor things that I would like updated, but everything works how it is suppose to and Leasecake is quick to make improvements and listen to suggestion. **Recommendations to others considering Leasecake:** You can't go wrong with Leasecake if you're a small to Midsize company looking to simply manage your real estate portfolio. **What problems is Leasecake solving and how is that benefiting you?** Leasecake is an affordable lease management software for smaller companies, and it is much easier to teach my coworkers and clients than our previous system. It provides simple critical date notifications that anyone with an account can receive. **Official Response from Jacqueline Buco:** > Happy to hear Leasecake has helped you manage your estate portfolio and that your clients and coworkers also find it user friendly. We also love hearing such wonderful feedback about our customer service as we will be here with you every step of the way. Please do not hesitate to reach out with any feedback as we are continually making improvements based on our customers needs. We succeed when you succeed! : ) ### 47. Leasecake has been the ultimate game changer for our rapidly-growing restaurant concept **Rating:** 5.0/5.0 stars **Reviewed by:** Graham B. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 10, 2023 **What do you like best about Leasecake?** User-friendly, intuitive UI, easy setup. **What do you dislike about Leasecake?** Nothing to date. Keep up the good work! **What problems is Leasecake solving and how is that benefiting you?** Not all leases are created equal. Leasecake allows us to efficiently track business-critical information and imperative dates across 20+ locations. We love it. ### 48. Quick and easy to use. Customer friendly **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Health, Wellness and Fitness | Mid-Market (51-1000 emp.) **Reviewed Date:** May 17, 2023 **What do you like best about Leasecake?** One-stop shop for your lease, accounting and contract needs **What do you dislike about Leasecake?** No major issues. Perhaps quicker responces. **What problems is Leasecake solving and how is that benefiting you?** ASC 842 needs. Quick access to lease data. ### 49. Great simple software that can scale from a few leases to many. **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Hospital & Health Care | Mid-Market (51-1000 emp.) **Reviewed Date:** May 09, 2023 **What do you like best about Leasecake?** I love that they have made it simple to track our many leases and give us strong reporting to be able to see where things stand at all times. **What do you dislike about Leasecake?** I can't really think of anything at this point. **What problems is Leasecake solving and how is that benefiting you?** Tracking all of our leases and their specific details. We are hoping to being to use the lease accounting module soon along with the NetSuite integration. ### 50. Leasecake is amazing! **Rating:** 5.0/5.0 stars **Reviewed by:** Alok M. | Mid-Market (51-1000 emp.) **Reviewed Date:** February 09, 2023 **What do you like best about Leasecake?** Leasecake is an expert when it comes to abstraction of data. I'm not an attorney or leasing expert and they can take a long, convoluted lease and make it digestible. **What do you dislike about Leasecake?** It is still an evolving product and there is so much more value it can provide with comps data. **What problems is Leasecake solving and how is that benefiting you?** Organization of data so we can have a direct conversation with landlords regarding renewals with all the information at our fingertips. ## Leasecake Discussions - [Does lease cake have any sister/similar products?](https://www.g2.com/discussions/does-lease-cake-have-any-sister-similar-products) - 1 comment, 1 upvote - [What is Leasecake used for?](https://www.g2.com/discussions/what-is-leasecake-used-for) - 1 comment - [View Leasecake pricing details and edition comparison](https://www.g2.com/products/leasecake/reviews?page=3&qs=pros-and-cons§ion=pricing&secure%5Bexpires_at%5D=2026-06-03+02%3A03%3A22+-0500&secure%5Bsession_id%5D=551d6749-38c9-491f-b22d-7acd13a53625&secure%5Btoken%5D=7821f6376079c674c1ac29d9f01141a71864d908e35ecd84ee57a0802d67c142&format=llm_user) ## Leasecake Integrations - [Microsoft Excel](https://www.g2.com/products/microsoft-excel/reviews) - [NetSuite](https://www.g2.com/products/netsuite/reviews) - [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) - [Restaurant365](https://www.g2.com/products/restaurant365/reviews) ## Leasecake Features **Administrative** - Document Management - Contact Management **Lease Administration Platform Features** - Portfolio Administration - Lease Accounting - Lease Auditing - Document Management - Critical Date Alarms - Regulatory Compliance - Localization - Integration / APIs - Reporting - Dashboards **Functionality** - Lease Audit - Financial Management - Portfolio Administration - Critical Date Alarms **Operational** - Contract Management - Communication Tools - Transaction Management - Mobile App - Opportunity Tracking **Integration** - Real Estate - ERP System **Agentic AI - Lease Administration** - Cross-system Integration - Proactive Assistance - Decision Making **Automation** - Reporting - Lease Data **Operational** - Regulatory Compliance - Accessibility **Agentic AI - Lease Accounting** - Autonomous Task Execution - Multi-step Planning - Cross-system Integration - Proactive Assistance - Decision Making ## Top Leasecake Alternatives - [LeaseQuery powered by FinQuery](https://www.g2.com/products/leasequery-powered-by-finquery/reviews) - 4.6/5.0 (509 reviews) - [Occupier](https://www.g2.com/products/occupier/reviews) - 4.5/5.0 (184 reviews) - [Visual Lease](https://www.g2.com/products/visual-lease/reviews) - 4.4/5.0 (373 reviews)