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Leasecake description
Leasecake is a software platform designed to simplify real estate management for businesses with multiple locations, particularly in industries like restaurants and retail. It helps you track lease renewals, tenant obligations, and critical dates to avoid missing deadlines. Leasecake also aids in contract negotiations and due diligence by providing financial insights and document management. The platform offers features like AI-powered lease abstraction, lease accounting compliance, and reporting tools to streamline operations and reduce risks associated with managing multiple properties.
Who is Leasecake best for
Leasecake simplifies real estate management for businesses with multiple locations. Users love the user-friendly interface and helpful reminders for key dates. However, some find the lease accounting features costly and experience occasional glitches. It's ideal for restaurants and retailers seeking a centralized lease management platform.
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Best for small to medium-sized businesses with multiple locations.
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Ideal for restaurants and retail businesses managing multiple properties.
Leasecake features
| Supported Leasecake provides a centralized platform for managing lease data, including key dates, clauses, and options, ensuring easy access and organization. |
| Supported Leasecake offers automated reminders and notifications for critical dates and milestones, helping users stay ahead of deadlines and avoid missed renewals. |
| Supported Leasecake offers tools to manage tenant obligations, track compliance, and streamline communication, ensuring smooth tenant relationships. |
| Supported Leasecake supports lease negotiations and renewals with features to track property improvements, occupancy costs, and sales data, enabling data-driven decision-making. |
| Supported Leasecake provides a comprehensive overview of lease dates, obligations, and opportunities across the entire real estate portfolio, enabling better portfolio management. |
| Supported Leasecake streamlines communication between landlords and tenants, facilitating efficient collaboration and information sharing. |
| Supported Leasecake generates custom reports and provides data-driven insights to optimize portfolio performance and identify areas for improvement. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Leasecake reviews
We've summarised 156 Leasecake reviews (Leasecake TrustPilot reviews and Leasecake G2 reviews) and summarised the main points below.
- User-friendly interface praised for ease of navigation and use.
- Centralized platform for managing all lease information and documents.
- Helpful reminders and alerts for key dates and deadlines.
- AI-powered Cakebot feature simplifies lease abstraction and review.
- Excellent and responsive customer support.
- Lease accounting features not worth the cost for some users.
- Occasional glitches or bugs reported within the platform.
- Delays in lease abstraction and occasional inaccuracies in data.
- Lack of direct integration with some ERP systems like NetSuite.
- Limited customization for email notifications (e.g., by recipient).
Leasecake pricing
The commentary is based on 10 reviews from Leasecake G2 reviews.
Leasecake users generally find it valuable for lease management and appreciate its features. Some users feel the pricing could be improved, especially regarding per-lease costs and the inclusion of paralegal services in the base plan. Others find the lease accounting feature not worth the added cost.
Users sentiment
See the Leasecake pricing page.
Start
Provides core lease management features, including lease management, events and reminders, reporting, Cakebot, unlimited users, and free AI lease abstraction.
Elevate
Provides robust location management features, including everything in the Start plan plus lease accounting, income leases, contract management, assets and equipment, and free AI contract abstraction.
Grow
Offers insights and integrations for business growth, encompassing everything in the Start and Elevate plans, along with dashboards and analytics, deal management, and integrations.
Custom
Offers custom-built plans with specific features for businesses with a minimum of 100 locations.
Leasecake alternatives
TenantCloudBetter for property managers handling various rental properties. Grows faster than Leasecake. Higher rated by users. Caters to a broader audience including independent landlords.Read more
Bryckel AIBryckel AI has more momentum currently. It appears to be a simpler Leasecake alternative, focusing on AI-powered lease abstraction and centralizing lease data.Read more
Visual LeaseBetter for managing equipment leases and geared towards larger enterprises. Has stronger website traffic momentum, but slower employee growth. Users highlight better reporting features, but also mention slower loading times as a Leasecake alternative.Read more
OfficeRnD FlexBetter for coworking spaces and hybrid work environments. Higher rated by users. Offers more comprehensive features for managing bookings, billing, and integrations with workplace tools.Read more
Form SimplicityBetter for real estate agents and brokers needing transaction management. Focuses on form creation, e-signatures, and document management.Read more
OccupierBetter fit for medium and large businesses needing lease administration and accounting. Caters to finance, retail, and real estate industries. Has more momentum. Offers customizable reports and document management integration. Priced higher.Read more
Leasecake FAQ
What is Leasecake and what does Leasecake do?
Leasecake is lease management software that simplifies real estate administration for businesses with multiple locations. It tracks critical dates, automates lease abstraction, aids in contract negotiations, and ensures lease accounting compliance, helping businesses avoid missed deadlines and reduce risks. It's particularly popular among restaurant and retail businesses.
How does Leasecake integrate with other tools?
Leasecake offers limited direct integrations. Users note a lack of direct integration with some ERP systems. While it doesn't advertise specific integrations, its open API may allow for custom connections.
What the main competitors of Leasecake?
Leasecake's main competitors include TenantCloud, Visual Lease, Bryckel AI, and Occupier. These alternatives offer similar lease management features, including lease abstraction, tracking, and accounting tools. Buildium and Rent Manager, while more focused on property management, also compete in some areas.
Is Leasecake legit?
Leasecake is a legitimate software platform for lease management. User reviews praise its ease of use and helpful features like automated reminders and AI-powered lease abstraction. However, some users mention occasional glitches and pricing concerns. Consider exploring alternatives if these are critical factors for you.
How much does Leasecake cost?
Leasecake's pricing starts at $8 per location/month for the Start plan, $12 per location/month for Elevate, and $18 per location/month for Grow, billed annually with a minimum of 5 locations. Custom pricing is available for businesses with 100+ locations. Is Leasecake worth it? Its tiered structure offers scalable lease management features.
Is Leasecake customer service good?
Leasecake's customer service is highly regarded. Users frequently praise the responsiveness and helpfulness of the support team, highlighting their willingness to assist with onboarding, troubleshooting, and feature requests. Several reviews mention prompt responses and personalized support, contributing to a positive overall experience.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.