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Lease Management Software

Custom lease management for landlords and occupiers — every lease, critical date and obligation in one place, with alerts before a date is missed and lease data ready for ASC 842 and IFRS 16.

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Lease Management Architecture Network
Lease registerCritical datesRent reviewsObligations
ASC 842 and IFRS 16

TRUSTED BY TEAMS

letest.ai
Propmodel
aloomah
yeeld
Nostromarkets
Pharmy
/// INTRODUCTION

Lease management software holds every lease in a portfolio and makes sure nothing in them is missed: rents, escalations, reviews, break options, renewals, notice deadlines and obligations.

Sodio builds custom lease management systems, including commercial lease management software, for landlords managing the leases they grant and for occupiers managing the leases they hold — with critical date alerts, obligation tracking, and the lease accounting data ASC 842 and IFRS 16 require.

Financial and lease compliance audit

/// IS CUSTOM RIGHT FOR YOU?

When an Off-the-Shelf Lease Tool Is Enough

Lease administration software is a mature category. Visual Lease, LeaseQuery, CoStar Real Estate Manager and the lease modules inside Yardi and MRI all handle standard portfolios well. If one fits yours, use it. Custom commercial lease management software earns its place in four situations.

Your leases live in several places
What it looks likeDifferent countries, business units or acquisitions each kept leases their own way, and the full picture only exists after someone assembles it by hand.
You are landlord and occupier at once
What it looks likeYou own some property and lease more, and no single tool handles both sides the way you report on them.
Lease data has to feed other systems
What it looks likeYour ERP, facilities platform or portfolio reporting needs lease data that the lease tool cannot pass across cleanly.
Leases are part of your product
What it looks likeYou are building software for others — a PropTech product, a facilities platform, a real estate service — where lease management is one feature.

/// WHAT THE SYSTEM COVERS

What Lease Management Software Covers

Lease register

Lease register

Critical date tracking

Critical date tracking

Rent schedules and escalations

Rent schedules and escalations

Rent reviews and renewals

Rent reviews and renewals

Obligations and clauses

Obligations and clauses

Service charges and operating costs

Service charges and operating costs

Lease accounting data

Lease accounting data

Documents and amendments

Documents and amendments

Portfolio reporting

Portfolio reporting

Approvals and workflow

Approvals and workflow

/// THE LEASE LIFECYCLE

From First Terms to Handback

The most expensive mistake in leasing is rarely a bad deal. It is a date nobody noticed — a break option that lapsed, a rent review that was never triggered, a renewal that rolled over on terms nobody wanted.

STAGE 1 - AGREE TERMS

Terms negotiated and approved

Proposed terms recorded and signed off before the lease is executed

STAGE 2 - SIGN

Lease and schedules executed

Signed lease stored against the property; parties and key dates set up

STAGE 3 - ABSTRACT

Key terms captured

Dates, rents, options and obligations entered as structured data, each linked to its clause

STAGE 4 - MANAGE

Rent, costs and obligations over the term

Rent schedules, service charges and obligations tracked; alerts set for every critical date

STAGE 5 - REVIEW AND RENEW

Rent reviews, options and renewals

Notice deadlines tracked and escalated; outcomes recorded against the lease

STAGE 6 - EXIT

Expiry, break or surrender

Reinstatement obligations — dilapidations in the UK — and handback tracked to completion

/// INTEGRATIONS

Systems It Connects To

Accounting and ERP
SystemsSAP, Oracle, NetSuite, Microsoft Dynamics — for rent payments and lease accounting entries
Property platforms
SystemsYardi and MRI, for landlords running property operations
Facilities and workplace
SystemsIWMS and facilities platforms that manage the space the leases cover
E-signature
SystemsDocuSign, Adobe Sign
Documents
SystemsSharePoint, Box, Google Drive
Reporting
SystemsPower BI, Tableau
Gradient

///AI IN LEASE MANAGEMENT

Where AI Helps

A lease is usually a long document that everyone relies on and nobody rereads. AI is useful here because it reads so people do not have to.

Dates, rents, options and obligations extracted from lease documents into the register, each value linked to the clause it came from for review.

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Questions answered across every lease at once — which leases have a break option in the next 18 months, or which require reinstatement at the end.

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Service charge demands and invoices compared with what the lease actually permits, with discrepancies flagged before they are paid.

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/// COMPARE

Spreadsheet, Lease Platform or Custom System

Best for
SpreadsheetA handful of leases and one person who knows them
Lease management platformStandard portfolios on one side of the table
Custom lease management systemComplex, mixed or multi-country portfolios, or a product
Critical dates
SpreadsheetOnly if someone remembers to check
Lease management platformAlerts built in
Custom lease management systemAlerts and escalation built to your process
Lease accounting
SpreadsheetManual and error-prone
Lease management platformBuilt in, on the platform's model
Custom lease management systemBuilt to your policies and connected to your ERP
Integration
SpreadsheetCopy and paste
Lease management platformWhat the vendor supports
Custom lease management systemDesigned around your systems
Accuracy over time
SpreadsheetDrifts as people leave
Lease management platformGood, within the platform
Custom lease management systemGood, with an audit trail on every change
Who owns it
SpreadsheetYou
Lease management platformThe vendor
Custom lease management systemYou

/// COST AND TIMELINE

What Drives the Cost and Timeline

A lease register with critical date tracking, running on your real leases, typically arrives within 30 days, with a core production build in 90.

30 daysLease register on your real leases
90 daysCore production build

The cost moves with six things: how many leases the portfolio holds; how many countries, currencies and indexation methods are involved; whether lease accounting for ASC 842 or IFRS 16 is required; how many existing leases need migrating and abstracting, which is usually the largest one-off job; which systems it connects to; and whether it serves landlords, occupiers or both.

/// FAQ

Frequently Asked Questions

It is the system that holds every lease in a portfolio and makes sure nothing in them is missed — rent, escalations, reviews, break options, renewals, notice deadlines and obligations. Landlords use it to manage the leases they grant. Occupiers — companies renting offices, shops or warehouses — use it to manage the leases they hold and, increasingly, to produce the figures their lease accounting requires.

It can produce the lease data and schedules those standards need — right-of-use assets, lease liabilities and the entries behind them — and pass them to your accounting system. The policy decisions, such as discount rates and how lease and non-lease components are treated, stay with your finance team and auditors. We build the calculations to your policies; we do not replace their judgement.

Through migration and abstraction. Existing spreadsheets are imported and validated, and lease documents are abstracted into structured data with AI assistance and a person checking each result. For large portfolios we start with critical dates across every lease, then fill in the rest, so the most expensive risks are covered first.

Yes. Many organisations are both — owning some property and leasing more — and the system handles leases on either side of the table, with the reporting each side needs.

Yes. Currencies, local indexation such as CPI or RPI, different review and notice conventions, and separate legal entities are all held per lease, while reporting still rolls up across the whole portfolio.

A lease register with critical date tracking on your real data typically arrives within 30 days, with a core production build in 90. Abstracting a large portfolio of existing leases runs alongside, prioritised by which dates fall soonest.

/// RELATED SERVICES

Related Industries and Services

Routes where scope overlaps with real estate software.

/// GET STARTED

Start With the Dates You Cannot Afford to Miss

Tell us how many leases you hold, where they are kept today, and whether a date has ever slipped past unnoticed. We will prepare a free solution architecture for a lease system that makes sure it does not happen again.

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