A revolutionary enterprise level framework for IFRS 16 compliance. Our state-of-the-art framework is supported by artificial intelligence lease abstraction and best UX and UI practices.

This framework will help enterprises of all sizes manage every aspect of their leasing requirements—from administration, finance, to accounting compliance practices—all in one easy-to-use software application.

Contracts are fundamental to a business relationship. Information that populates LeaseUp framework clearly and visually ties back to contracts

~Matvei Kruglyak, Co-founder


LeaseUp promises to deliver the most innovative and progressive technology. It stands best-in-class when compared to other similar products currently on the market (see Competitive and Product Analysis).

LeaseUp offers a unique communication and collaborative platform for businesses of all sizes, built with intuitive tools to help businesses get more work done. Check off your to-do list and move your projects forward like never before with LeaseUp, your premium-grade leasing software.

Private and Secure
  • Audit trails
  • Encryption
  • Access Separation
  • Certified to Industry Standards
  • Unlimited Number of users
  • Integrable with ERP Systems
  • Unlimited Contracts Processing
Cost Effective
  • Applied AI
  • User Guide Implementation
  • Accounting compliant Journal Entries
Easy to use
  • Access from anywhere
  • Intuitive Customizable UI
  • Communicate on anything in app

It’s not about ideas. It’s about making ideas happen.

~Scott Belsky, Behance Co-founder

FAI Systems is now

engaging investors

for Series A round.

Schedule analysis

Company Scope Competitive advantage Features
LeaseUp Lease and accounting administration AI-powered assistant to easily manage leases and financial accounting; market-specific management and administration add-ons Lease accounting, AI-assisted lease abstraction, reporting & visualization, rolling and multi-timeframe budgeting and forecasting, repair and maintenance management, integration with 3rd party systems, audit trail, single sign-on
ProLease Lease administration and property management for multi-location tenant profiles Comprehensive lease and property management, accounting compliance Lease accounting, AI-assisted lease abstraction, Computer-Aided Facility Management, Computerized Maintenance Management System, reporting, project management, integration with 3rd party systems, data export, audit trail
VisualLease Lease and accounting administration In-depth lease management and financial accounting expertise Lease accounting, manual lease abstraction, reporting, integration with 3rd party systems, reminders, functional currency support
Tango Lease Lease and accounting administration and facilities management Lease and accounting management and administration at a lower total cost of ownership Integrated Workspace Management System, Store Lifecycle Management, reporting & visualization, project management, AI-powered predictive analytics
AppFolio Residential property management Extensive tools to manage residential properties Revenue and expense management incl. receipts and payments, and AI-assisted payables, marketing tools, repair and maintenance management, accounting and reporting, performance insights, AI-assisted communications, data export
Buildium Residential property management Extensive tools to manage residential properties Revenue and expense management incl. receipts and payments, eSignatures and cloud document storage, marketing tools, repair and maintenance management, accounting and reporting, tax forms, performance insights, data export


Name LeaseUp ProLease VisualLease Tango Lease Administration and Lease Accounting AppFolio Buildium
Price CA$950/yr, or CA$95/mo. Custom quote, $6,000+/year Custom quote Custom quote Ranges: $0.80 unit/mo. to $1.50 unit/mo. Ranges: $50/mo. to $460/mo.
Free Demo 6-week trial On request On request Details not available On request 14-day trial
Turnkey Yes (see Onboarding) Yes (see Onboarding) Yes, with sample data Not mentioned Details not mentioned Yes, with sample data
Onboarding Upload contracts to onboard, tweak as-you-go Yes (training, data migration, accounting integration, lease abstraction) Onboarding manager, client fills templates Process not mentioned, but company claims cost to implement is 50% lower than competition Details not mentioned Client provides data to the company to standardize and upload
Accounting Compliance Yes Yes Yes Yes Not mentioned Not mentioned
UI HUD / Ribbon Menu-driven, form based Menu-driven, form based Menu-driven, form based Menu-driven, form based Menu-driven, form based
AI NLP for documents, data analytics, Chatbot Yes, lease abstraction (data extraction) Not mentioned Yes, for data analytics AI Chatbot; AI NPL Not mentioned
Security SSAE No. 18 SOC 2 Type 2 Certification, Cloud based Not mentioned SSAE No. 18 SOC 1 Type 2 Certification SSAE No. 18 SOC 2 Type 2 Certification Not mentioned Connection encryption, firewall, procedures audit, AWS

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About Us


We keep our innovation core hot and apply excellence and diverse domain expertise to deliver leading solutions to the market. Through our values, we relentlessly pursue the alignment between our vision, our mission, and our execution to deliver solutions that empower our customers and the larger society.

FAI Systems is comprised of members from around the globe who are subject matter experts in their respective fields, coming together to deliver industry disrupting solutions to enterprises and individuals alike.


To be the backbone support that empowers enterprises and individuals through smart AI Technology that simplifies leasing practices at affordable prices.


To never settle for the status quo, when engaging and improving our customer’s workflow with smart & progressive solutions that they can depend on.

Expert Team

Matvei Kruglyak

CPA, CMA, CEO, Co-Founder

Samantha Tran

CMO, Co-Founder

Ilia Matveikin

DevOps (DevOps Consultant)

Maksim Komarov

DevOps (DevOps Consultant)


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AI Lease

Skip boring data entry


Stay compliant with IFRS 16 and other standards


Bring fun and easy

Lease Up

Collaborate and manage leases