Lease Harbor

What Lease Harbor does

Lease Harbor, LLC is a private, employee-owned SaaS provider of fully integrated lease administration and lease accounting software, founded in March 2000 in Naperville, Illinois by Sean Black and Scott Williams, and operating continuously without outside funding. The company's flagship product is a 100% web-based, third-generation platform that combines lease accounting (ASC 842, IFRS 16, GASB 87 compliance, automated remeasurement, one-click disclosure reporting) and lease administration (custom fields, critical-date notifications, document storage, workflow management) in a single database — explicitly designed to eliminate the data pumps and blackout periods common in competitor systems that separate the two functions. The platform scales from SMB clients with a handful of leases to enterprises with 100,000+ leases, and ships with pre-built ERP integrations to Oracle, SAP, NetSuite, Microsoft Dynamics, Workday, and eight other systems.

Name

Lease Harbor

Legal name

LEASE HARBOR, LLC

Website

https://leaseharbor.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Lease Harbor is a private, employee-owned SaaS provider of fully integrated lease administration and lease accounting software, serving 1,800+ companies from SMB to Fortune 500 across healthcare, technology, government, and other industries with ASC 842/IFRS 16/GASB 87 compliance and pre-built ERP integrations.

Ownership category

akta.pro rank

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Subscription: Subscription-based pricing model where clients pay for the software platform. Pricing is separated into substantial feature modules (lease accounting and lease administration), with clients only paying for what they need. The company positions itself as a low-cost, high-value provider compared to competitors.
2. Professional Services: Additional services including data conversion, implementation, consulting, accounting services, and technical support are offered as separate service offerings.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Lease Harbor sells a 100% web-based, third-generation SaaS platform that fully integrates lease administration and lease accounting in a single database, automating compliance with ASC 842, IFRS 16, and GASB 87 standards and connecting with major ERP systems. The platform is sold as modular subscriptions (lease accounting and lease administration) supplemented by paid professional services such as data conversion, implementation, consulting, accounting, and technical support.

Product overview

Lease Harbor offers a single, unified software platform called Lease Harbor — a fully integrated lease administration and lease accounting system. The platform is modular, consisting of four integrated modules: the Lease Accounting Module (automating ASC 842, IFRS 16, GASB 87 compliance), the Lease Administration Module (managing lease data and documents), the Workflow & Task Management Module (automating approvals and notifications), and the ERP & Data Integration Module (connecting with Oracle, SAP, NetSuite, Microsoft Dynamics, and other ERP systems). The system also includes professional services (Accounting Services, Consulting Services, Data Conversion Services, and Technical Support) to complement the software. All modules share data seamlessly with no blackout periods or data pumps required.

Differentiator

Problem solved

Functional benefit

Brands

• Lease Harbor: The flagship product is the industry's first and only full-featured, completely seamless lease accounting and lease administration system.
• Apex Lease Accounting

Products and services

• Lease Harbor Software Platform Flagship third-generation SaaS platform that is the only fully integrated lease administration and lease accounting system in the marketplace, providing complete depth of functionality for both functions in a single database for companies ranging from small operations to Fortune 500 enterprises with 100,000+ leases.
• Lease Accounting Module Provides automated compliance with ASC 842, IFRS 16, and GASB 87 standards, automated remeasurement, journal entry generation, and single-click disclosure reporting for finance and accounting teams.
• Lease Administration Module Provides customizable data management with unlimited custom fields, critical date notifications, document storage, and comprehensive data integration for portfolio oversight of real estate, equipment, and vehicle leases.
• Accounting Services Expert support services including portfolio maintenance, rent processing, financial reconciliation, ledger reviews, expense schedule audits, and advanced lease accounting for clients needing hands-on accounting support.
• Consulting Services Project and business process consulting, data conversion consulting, and custom reporting consulting to optimize lease operations and ensure smooth implementation for clients.
• Data Conversion Services Implementation, system integration, accurate field mapping, bulk data cleaning, and custom portfolio conversion options for transitioning client data into the Lease Harbor system.
• Technical Support Proactive monitoring, self-service tools, and direct access to a knowledgeable support team for around-the-clock assistance on the Lease Harbor platform.

Quantifiable outcome

• 99% client retention rate
• +4 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

Feature8 records

Partnerships

Five partnerships are on record, tiered core.

• OraclecoreTechnology or IntegrationPre-built ERP integration supporting journal entries and payment/receivable batching. Lease Harbor has successfully completed hundreds of integrations over 21+ years with Oracle and other major ERP systems.
• SAPcoreTechnology or IntegrationPre-built ERP integration for journal entries and financial data exchange. Part of Lease Harbor's standard integration suite for major enterprise ERP systems.
• NetSuitecoreTechnology or IntegrationPre-built integration for NetSuite supporting seamless data connectivity. Included in standard, pre-built integration tools.
• Microsoft DynamicscoreTechnology or IntegrationPre-built integration for Microsoft Dynamics ERP systems. Part of comprehensive integration suite including also Costpoint, PeopleSoft, Great Plains, Workday, Sage, JD Edwards, and Lawson.
• WorkdaycoreTechnology or IntegrationPre-built integration for Workday. Successfully integrated with all major ERP systems including Workday over 21+ years of integration experience.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Visual Lease: Visual Lease is a lease accounting and administration software vendor focused on ASC 842/IFRS 16 compliance, with workflow automation and ERP integrations. It is one of Lease Harbor's closest direct peers in mid-market and enterprise.
• LeaseAccelerator: LeaseAccelerator is one of the most direct competitors to Lease Harbor, offering a SaaS platform for lease accounting compliance (ASC 842/IFRS 16) and lease administration. Overlap in product scope, target buyers (corporate finance/real estate teams), and standards-based compliance use case is high. Bryan Seck, Lease Harbor's CRO, was previously at LeaseAccelerator.
• Nakisa: Nakisa provides a lease accounting and administration platform supporting IFRS 16, ASC 842, and other standards, with deep ERP integrations. It is a directly comparable SaaS peer serving enterprise customers managing large lease portfolios.
• Tango Analytics (formerly LeaseAccelerator Real Estate): Tango provides lease accounting, lease administration, and real estate analytics software with strong compliance and ERP integration capabilities. It is a directly comparable SaaS peer in the same ASC 842 / IFRS 16 / GASB 87 category.

Emerging players

• Occupier: Occupier is a newer lease accounting and administration platform that targets similar compliance use cases (ASC 842/IFRS 16) with a modern user experience. It is an emerging direct competitor focused on speed of implementation.

Broad incumbents

• Yardi Systems: Yardi is a large real estate software platform with lease administration and accounting modules covering corporate and commercial real estate. It competes from a broad-platform position rather than a compliance-focused niche.
• RealPage: RealPage provides real estate operations and accounting software, with lease management capabilities adjacent to Lease Harbor's core product. It is a broader incumbent operating across multiple real estate verticals.
• MRI Software (Real Estate): MRI Software offers a broad real estate and lease management suite that includes lease accounting functionality as part of a wider property/asset management portfolio. It is a broader incumbent rather than a niche specialist.
• Accruent (Lucernex / LeaseAccelerator Real Estate): Accruent provides real estate and lease management software, including compliance and administration modules, as part of a broader facility and asset management suite. It overlaps with Lease Harbor on enterprise lease accounting workflows.
• IBM Envizi (TRIRIGA): IBM TRIRIGA is a large enterprise real estate and lease management platform from a major incumbent. It overlaps with Lease Harbor on lease administration for large enterprises but is part of a much broader asset management portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lease-harbor-llc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lease Harbor