Leasecake

Leasecake is lease management software combining lease administration, lease accounting and portfolio analysis in a single platform, aimed at tenants running property portfolios from around 50 leases up into the thousands.

Building administration and accounting as one thing rather than two is the point Leasecake makes most directly, and the failure it avoids is familiar to anyone who has run both. Lease administration tracks the operational reality of dates, options, renewals and obligations, while lease accounting produces the numbers for the balance sheet, and when they live in separate systems the accounting is always working from a version of the portfolio that was true last quarter. Leasecake states the principle as the data always being right and the books following.

Automatically linked dates are the mechanism and they address the specific way lease data goes wrong. A lease is a web of dependent dates: a commencement date drives the rent escalation, which drives the option notice deadline, which drives the renewal. Change one by hand in a spreadsheet and the others are silently stale, which is how a company misses a notice window and loses a site.

The customer framing is refreshingly concrete, sized by revenue and lease count rather than by vague segments: small at 50 to 100 leases, mid-size at 100 to 1,000 and enterprise above 1,000. Those bands are customer sizing rather than pricing. Portfolio analysis sits alongside the operational and accounting functions for teams making location decisions. Rates are not published on the pricing page.