Features & benefits
AI processed lease abstractions managed through an accounting
rules engine.
Intuitive, tailored UX and UI for when user input is needed
Equipped to manage one hundred or even one
thousand leases
simultaneously
Time-tested procedures for AI application, military-grade data encryption, and best practices for data access.
Self-implementing through Q&A, increases throughput & decreases recurring costs.
Investors
LeaseUp
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, CPA, CMA, Partner
Products
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.
- Audit trails
- Encryption
- Access Separation
- Certified to Industry Standards
- Unlimited Number of users
- Integrable with ERP Systems
- Unlimited Contracts Processing
- Applied AI
- User Guide Implementation
- Accounting compliant Journal Entries
- 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 |
Plans & Pricing
3 Months Free trial
CA$0/Mo
3 months trial with no payment required
Annual subscription
CA$980/year
Annual subscription with the best value
Monthly
CA$120/Mo
A month-to-month based subscription
About Us
WE CELEBRATE INNOVATION, EXCELLENCE, DIVERSITY, AND LEADERSHIP – “E PLURIBUS UNUM”
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.
Expert Team
Matvei Kruglyak
CPA, CMA, Partner
Samantha Tran
Partner
Ilia Matveikin
Partner
Maksim Komarov
Partner
