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Lease abstraction software compared, 37 lease abstract tools and services, priced and ranked by fit
Fair, factual comparisons of the tools and services US CRE teams actually evaluate, with the prices vendors publish and a plain statement where they do not. Every figure below is re-checked against the vendor site on each update. We say where a competitor is the better buy.
THE SHORT ANSWER
Every lease abstraction tool and service, compared
The category splits into three shapes: pay-per-lease extraction tools, platforms that hold the data and run the accounting, and human abstraction services. Prices below are what each vendor published. Where a vendor quotes privately, the table says so rather than repeating a review-site estimate as fact.
Most of the comparisons buyers search for right now come from vendors changing hands. AMTdirect is sold today as MRI ProLease, so the AMTdirect alternatives page covers what replaced it and how to get your lease data out before a migration. LeaseQuery renamed itself FinQuery, and the LeaseQuery alternatives page prices that accounting subledger against dedicated abstraction. Visual Lease has been owned by CoStar since November 2024, which the Visual Lease alternatives page explains, and Kira now lives inside Litera, covered on the Kira Systems alternatives page.
| Tool or service | What it is | Published pricing | Best for |
|---|---|---|---|
| LeaseAbstracts | Dedicated AI lease abstraction, source-linked | Self-serve plans from $49 | Recurring abstraction where every field has to be verifiable |
| LeaseLens | AI abstraction, pay per export (site unreachable since Sep 2026) | Last known: free to view, about $25 per export | Formerly one-off leases where you wanted to see the data before paying |
| Lextract | AI abstraction, pay per lease (site offline since Sep 2026) | Last known: $10 to $15 per lease, no subscription | Formerly occasional abstraction at low unit cost |
| Prophia | Abstraction plus asset intelligence platform | Quote only; directories report Abstract near $20 per document | Institutional owners wanting portfolio analytics |
| Visual Lease | Lease administration and accounting platform | No published rate card; review-site figures are estimates | Teams that need a system of record plus ASC 842 |
| FinQuery (LeaseQuery) | Lease accounting subledger with abstraction feature | Quote only, annual contract plus implementation | Enterprise accounting and audit-ready reporting |
| Crunchafi (LeaseCrunch) | Lease accounting for CPA firms, ASC 842 and GASB | Per lease per year, figure not published | CPA firms running compliance for many client entities |
| EZLease (insightsoftware) | Lease accounting subledger, lessee and lessor | Quote only; Capterra lists from $4,000 per year | Lessor accounting and GASB alongside ASC 842 |
| LeaseAccelerator (insightsoftware) | Enterprise lease lifecycle, sourcing to accounting | Quote only; Capterra lists from $20,000 per user, per year | Global equipment-heavy portfolios needing procurement too |
| VTS Asset Intelligence | AI abstraction with expert review, native to the VTS platform | Quote only; Capterra lists VTS from $20,000 per year | VTS customers keeping an owned portfolio current |
| Leverton (MRI) | Contract intelligence inside the MRI stack | No published rate card | Existing MRI customers standardizing on one vendor |
| Yardi Corom | Occupier lease management and accounting inside the Yardi range | No published rate card; demo only, no trial | Retail, workplace and healthcare occupiers already near Yardi |
| Occupier | Lease management for tenants and brokers | No published price list | Occupier-side transaction and lease workflow |
| Leasecake | Location and lease management for multi-site operators | Quote only since mid 2026; formerly $8 to $18 per location | Franchise and restaurant operators tracking dates |
| Offshore lease abstraction services | Human abstraction delivered as a service | Roughly $25 to $100 per lease, 2 to 5 business days | Large one-time back catalogs with vendor accountability |
| Lucernex (Accruent) | IWMS: real estate lifecycle, lease administration and accounting | No published rate card; quote only, no free trial | Enterprise portfolios wanting real estate, projects and facilities in one platform |
| Nakisa | Enterprise lease accounting suite, native SAP, Oracle and Workday integration | No published rate card; quote only, no free trial | Multinational lessees on a major ERP reporting under both IFRS 16 and ASC 842 |
| Tango Lease | Enterprise real estate platform; lease admin, accounting, projects, facilities | No published rate card; pricing URL 404s, demo only | Retail and corporate occupiers running many sites |
| Trullion | AI accounting platform; lease accounting, revenue recognition and audit | No published rate card; pricing URL 404s, demo only | Controllers needing ASC 842, IFRS 16, FRS 102 and GASB 87 in one subledger |
| eBrevia (DFIN) | AI contract review for legal teams; lease review is one use case | No published rate card; Capterra lists from $1,000 per user, per month | Legal teams reviewing mixed contract populations, not CRE-only lease work |
| AMTdirect alternatives (MRI ProLease) | Lease accounting and administration; AMT brand folded into MRI ProLease | No published rate card; quote only, no trial | Existing AMTdirect users staying inside the MRI stack |
| Property Works | Managed lease and location administration for multi-unit operators, run on its own Sitehub Suite | No published rate card; proposal after a consultation | Franchise and multi-location operators with no real estate staff who want tax, permits and admin handled |
| MRI ProLease | Occupier lease administration and accounting in four editions: Enterprise, Central, Direct and a per-location Express | No published rate card; every edition quoted after a demo | Corporate occupiers wanting one MRI system for real estate and equipment leases |
| Black Owl Systems | Lease accounting subledger, lessee and lessor, dual-standard reporting | No published rate card; five named tiers, all Contact Sales | Multinational groups needing IFRS 16 and ASC 842 entries side by side. No GASB |
| Lease Harbor | Founder-owned lease administration and accounting platform, 25 years in market | No published rate card; abstraction sold as a service | Buyers who want a long-lived system of record and value vendor continuity |
| RE BackOffice (REBOLease) | Outsourced lease abstraction and full back office service, since 2006 | No published rate card; contact form and scoping call only | Buyers wanting one vendor for abstraction plus lease admin and CAM |
| Orbital Copilot (Orbital) | AI platform for commercial real estate legal work; lease abstraction is one of 40+ workflows. Formerly Orbital Witness | No published rate card; /pricing is a 404, demo request only | Real estate law firms and in-house legal teams running title, survey and lease diligence |
| Docugami | General document AI; lease abstraction is one use case among insurance, legal and CRE files | Published: $300 to $1,250 a month by pages uploaded (Founder's Price) | Teams processing many document types, not leases alone |
| Bryckel AI | CRE AI agents that run inside Claude, ChatGPT or Copilot; lease abstraction is one agent. bryckel.com now redirects to bryckel.ai | Quote only; pricing page is a demo form, plus your own AI seats | CRE investment firms that already license an AI assistant firm-wide |
| Yardi Smart Lease | AI lease abstraction built into Yardi Voyager Commercial, launched March 2026; new leases first, renewals planned | No published rate card; Voyager add-on, demo only | Voyager Commercial landlords onboarding a steady flow of new leases |
| LeaseAbstract AI | Pay-per-lease AI abstraction from India: 30, 55 or 180+ fields, Word, PDF and Excel reports, data deleted after 15 days | Published: $30, $55 or $95 a lease by field count | A few leases a year, paid one at a time |
| LeaseWizard | AI lease administration platform from Germany: extraction in 50+ languages, reminders, payment schedules, portfolio chat | Published: $20 a lease plus $350 or $750 a month licence | International portfolios that want a multi-language system of record |
| Unframe AI | Enterprise AI platform that configures lease abstraction as one custom solution; the Cushman & Wakefield build | No pricing page; annual fee per solution after a proof on your data | Enterprises running an AI program across many use cases, including multi-language leases |
| Propaya | YC-backed AI lease abstraction, now widened into property health and building-risk signals | Quote only; the pricing page it had in 2025 is now a 404 | Owners and investors who want lease terms and building-condition risk in one review |
| Kira (Litera) | Contract analysis and due diligence review; kirasystems.com now redirects to Litera | No published rate card; no pricing page at all, demo request only | Law firms and legal teams reviewing whole data rooms, not maintaining lease records |
| Kolena | General AI document automation platform; lease abstraction is one configurable agent beside loss runs and underwriting | No published rate card; /pricing is a 404, 2-week trial request or demo | Teams abstracting dozens of leases a month that want one AI vendor for several document workflows |
| Lease abstraction companies | Named US and offshore service firms compared side by side | None publish a rate card; roughly $25 to $150 per lease | Buyers choosing a service provider rather than a tool |
| Lease abstraction software pricing | Every vendor price on one page | Six vendors publish a reachable figure; thirty-one quote only | Budgeting a shortlist before you book sales calls |
| The full roundup | Category overview and selection criteria | See the roundup | Building a shortlist from scratch |
Two honest notes. If you abstract one or two leases a year, a pay-per-export tool costs less than any plan and we would tell you to use one. And if you have a filing obligation under ASC 842, IFRS 16, or GASB 87, you need accounting software or a general ledger that can calculate: abstraction produces the inputs, not the journal entries.
HOW TO CHOOSE
Five questions that settle most shortlists
Vendor feature grids all look similar. These are the questions where the answers actually differ, and where the cost you did not budget for hides.
How often do you abstract?
Two leases a year is a per-export purchase. Twenty a month is a plan. Two hundred in a quarter during an implementation is a volume conversation, and per-unit pricing with no ceiling is where budgets break.
Can you verify a field without reopening the PDF?
Per-field source links and confidence scores turn review into a fifteen minute check. Without them, a reviewer re-reads the lease, and at portfolio scale that review time costs more than the software.
Which fields does the tool actually return?
Almost every platform now advertises AI abstraction, usually scoped to term, dates, and payments. Ask specifically about the recovery structure, the CAM cap mechanics, and option notice deadlines as real dates. Those are the fields that cost money when they are wrong.
Are you buying data or a system of record?
A platform subscription holds your lease data inside itself. An abstraction tool hands you a file. If you may change platforms in five years, that distinction is worth more than any feature on the comparison grid.
Who is accountable for accuracy?
A service takes responsibility for the deliverable and takes days. A tool gives you the draft in minutes and leaves approval with your reviewer. Neither is wrong, but the answer decides your internal process, so decide it before you buy.
READ THE FULL COMPARISON
One page per tool, with pricing, tables, and where they win
Best Lease Abstraction Software
The best lease abstraction software depends on which job you are buying for. Most shortlists mix three different product...
Compare ALTERNATIVELeaseLens
If leaselens.ai would not load for you, that matches what we see: as of 16 September 2026 the leaselens.ai domain return...
Compare ALTERNATIVEBlack Owl Systems
Black Owl Systems is a lease accounting platform for finance teams that close the books on complex lease portfolios, cov...
Compare ALTERNATIVEKira Systems
Kira is a machine learning contract analysis product now owned by Litera, and the standalone brand is largely gone: kira...
Compare ALTERNATIVEKolena
Kolena is a general AI document automation platform that sells a configurable lease abstraction agent alongside agents f...
Compare ALTERNATIVEOrbital Copilot
Orbital Copilot is the AI assistant from Orbital, the company that used to trade as Orbital Witness, and orbitalwitness....
Compare PRICING AND ALTERNATIVESDocugami
Docugami publishes its prices, which most tools in this category do not. The pricing page lists three plans billed by pa...
Compare REVIEW AND ALTERNATIVESBryckel AI
Bryckel AI is no longer a lease abstraction web app you log into. bryckel.com now redirects to bryckel.ai, and the compa...
Compare REVIEW AND ALTERNATIVESPropaya
Propaya is a Y Combinator Summer 2024 company in San Francisco that started as a pure lease abstraction tool and has sin...
Compare REVIEW AND ALTERNATIVESYardi Smart Lease
Yardi Smart Lease is the AI lease abstraction module Yardi announced on March 25, 2026. It is built into Yardi Voyager C...
Compare REVIEW AND ALTERNATIVESUnframe AI
Unframe AI is an enterprise AI platform, headquartered in Cupertino, California, that builds custom agentic solutions on...
Compare PRICING AND ALTERNATIVESLeaseWizard
LeaseWizard (leasewizard.ai) is an AI lease administration platform that extracts lease terms, critical dates and paymen...
Compare PRICING AND ALTERNATIVESLeaseAbstract AI
LeaseAbstract AI (leaseabstractai.com) is a pay-per-lease AI abstraction tool with a published rate card: $30 a lease fo...
Compare ALTERNATIVERE BackOffice
RE BackOffice, which markets itself as REBOLease, is one of the longest-running outsourced lease abstraction firms in th...
Compare ALTERNATIVELease Harbor
Lease Harbor is a lease administration and lease accounting platform that has been selling into this market since March...
Compare ALTERNATIVELextract
If you came here because lextract.io would not load, that matches what we see: as of 1 September 2026 the domain returns...
Compare ALTERNATIVEProphia
Prophia is a commercial real estate asset-intelligence platform with AI lease abstraction built in, aimed at institution...
Compare ALTERNATIVELeverton (MRI)
Leverton brought AI document extraction to enterprise lease administration, and MRI Software acquired it in July 2019. T...
Compare ALTERNATIVEVisual Lease
Visual Lease is a lease administration and lease accounting platform, and since November 1, 2024 it has been owned by Co...
Compare OFFSHORE LEASE ABSTRACTION ALTERNATIVEoffshore services
Offshore lease abstraction services deliver in 2 to 5 business days with an NDA, a minimum order, and QC tiers, at publi...
Compare ALTERNATIVELeasecake
Leasecake is a per-location lease and location management platform aimed at multi-unit operators in restaurants, retail,...
Compare ALTERNATIVEOccupier
Occupier is a tenant-side lease management and lease accounting platform for multi-location operators and corporate real...
Compare ALTERNATIVEFinQuery
FinQuery, the company that used to be called LeaseQuery, sells lease accounting software: a subledger that produces ASC...
Compare ALTERNATIVELeaseCrunch (Crunchafi)
LeaseCrunch rebranded to Crunchafi in June 2025 and is one of the tools CPA firms reach for first when a client needs AS...
Compare ALTERNATIVEEZLease (insightsoftware)
EZLease is lease accounting software, now sold by insightsoftware, and it is one of the few tools that handles the lesso...
Compare ALTERNATIVELeaseAccelerator (insightsoftware)
LeaseAccelerator is the enterprise end of the insightsoftware lease portfolio: equipment sourcing, real estate administr...
Compare ALTERNATIVENakisa
Nakisa Lease Accounting is an enterprise lease accounting suite built to sit next to SAP, Oracle or Workday and carry ve...
Compare ALTERNATIVELucernex
Lucernex is Accruent enterprise real estate and lease administration software, an IWMS that runs the whole property life...
Compare ALTERNATIVEeBrevia
eBrevia is AI contract review software for legal teams. It reads large sets of agreements, pulls out the clauses that ma...
Compare ALTERNATIVEAMTdirect
AMTdirect is no longer a product you can buy under that name. MRI Software acquired the North Carolina lease accounting...
Compare ALTERNATIVES AND PRICINGProperty Works
Property Works is an Atlanta lease administration firm, not a software subscription. Its team runs lease administration,...
Compare PRICING AND EDITIONSMRI ProLease
MRI ProLease has no published price. Every edition is sold through a demo and an annual contract, and MRI now sells it i...
Compare BUYER GUIDELease Abstraction Companies
Lease abstraction companies fall into four groups: US specialist firms such as SitusAMC and CREModels, outsourcers such...
Compare PRICING COMPARISONLease Abstraction Software Pricing
Lease abstraction software pricing splits into two worlds. Six vendors publish a number you can read without talking to...
Compare ALTERNATIVETrullion
Trullion is an AI accounting platform built around the close. Its lease module drives ASC 842, IFRS 16, FRS 102 and GASB...
Compare ALTERNATIVETango Lease
Tango Lease is the lease module inside Tango, an enterprise real estate platform that runs store lifecycle management an...
Compare ALTERNATIVEYardi Corom
Yardi Corom is a lease management and lease accounting platform for corporate occupiers: the tenant side of Yardi, rathe...
CompareQUESTIONS BUYERS ASK
Lease abstraction software, answered
What is the best lease abstraction software?
There is no single winner, because the category splits three ways. Self-serve abstraction tools with published plans win on unit cost and speed for leases you need read now; two pay-per-lease names, Lextract and LeaseLens, went offline in 2026. Lease administration and accounting platforms such as Visual Lease, FinQuery, Prophia, Crunchafi, and EZLease win when you need a system of record with schedules and disclosures. Dedicated abstraction software wins when you need verified, source-linked lease data you export and own.
How much does lease abstraction software cost?
Published prices range from roughly $10 to $15 per lease for pay-as-you-go extraction to about $25 per exported abstract, while platform vendors quote annually and rarely publish a rate card. Outsourced abstraction services run roughly $25 to $100 per lease for offshore and technology-assisted work, and materially higher for US-based full-service abstraction with senior review.
What is the difference between lease abstraction and lease accounting software?
Lease abstraction software reads the lease and produces structured data: dates, rent steps, recovery terms, options, and clauses. Lease accounting software takes those inputs and calculates ASC 842, IFRS 16, or GASB schedules, journal entries, and disclosures. Abstraction happens first, and most accounting platforms assume the data already exists.
Do lease platforms include abstraction?
Most now advertise an AI abstraction feature, and VTS went further in April 2026 by launching Asset Intelligence with human expert verification built in. The catch is scope: platform abstraction covers the assets and users inside your subscription, and often only the fields that module needs. Ask any vendor which fields the feature returns, who keys the rest, and what happens to leases on buildings you do not own yet.
Should I outsource lease abstraction or use software?
Outsourcing fits large one-time back catalogs where you want a vendor accountable for the work and a human reading unusual clauses. Software fits recurring work, implementation deadlines, and anything where you need the answer today. Many teams do both: a services batch for the legacy portfolio, a self-serve tool for the leases arriving this week.
What should I test when comparing lease abstraction tools?
Run your worst document, not the demo lease: a scanned original with three amendments and a handwritten exhibit. Then check whether you can click a field and see the clause behind it, whether the hard fields such as CAM caps and option notice dates come out correctly, and whether you can export a file you keep if you leave.
Working out what abstraction should cost you? The lease abstraction cost guide breaks down the per-lease drivers, and what lease abstraction is covers the process itself. Loading data into a platform you already own? See the Yardi, MRI, RealPage, and CoStar pages.