--- description: Get detailed information about Lease102 usability, features, price, benefits and disadvantages from verified user experiences. Read reviews and discover similar tools on Capterra United Arab Emirates. image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress title: Lease102 Price, Reviews & Ratings - Capterra United Arab Emirates 2026 --- Breadcrumb: [Home](/) > [Chatbot Software](/directory/32448/chatbot/software) > [Lease102](/software/1084981/Lease102) # Lease102 Canonical: https://www.capterra.ae/software/1084981/Lease102 > Built-in AI assistant answers FRS 102 lease accounting questions in plain language and extracts lease data from documents automatically > > Verdict: Rated **5.0/5** by 2 users. Top-rated for **Likelihood to recommend**. ----- ## Overview ### Who Uses Lease102? Lease102 is used by finance directors, accountants, retail companies, property firms, manufacturers, professional services, hospitality businesses, and accounting firms. ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **5.0/5** | 2 Reviews | | Ease of Use | 4.5/5 | Based on overall reviews | | Customer Support Software | 5.0/5 | Based on overall reviews | | Value for Money | 5.0/5 | Based on overall reviews | | Features | 5.0/5 | Based on overall reviews | | Recommendation percentage | 60% | (6/10 Likelihood to recommend) | ## About the vendor - **Company**: Lease102 ## Commercial Context - **Starting Price**: £20.00 - **Pricing model**: Flat Rate (Free Trial) - **Pricing Details**: Lease102 Pricing Overview Lease102 is a cloud-native lease accounting platform purpose-built for FRS 102 Section 20 compliance. It serves UK and Ireland SMEs facing the January 2026 mandatory adoption deadline with a subscription model designed to undercut incumbent providers by 70-80%. Pricing Structure Lease102 offers four subscription tiers with monthly and annual billing options. Annual billing provides a 17% discount (equivalent to two months free). All prices are listed in GBP; EUR and USD pricing is also available. Starter — GBP 20/month or GBP 200/year Designed for single-location businesses with small lease portfolios. The Starter tier includes up to 5 active leases, 2 user accounts, and 5 AI document extractions per month. Tenants select a single operating country (UK or Ireland) at signup. The plan includes full FRS 102 compliance calculations, lease modifications and terminations, a 7-year audit trail, Excel/CSV export, ERP integrations (Xero, Sage, Dynamics 365), email alerts, chatbot support, and live reference rate integration (Bank of England SONIA and ECB euro short-term rate). Email support is included. Growth — GBP 49/month or GBP 490/year Designed for growing businesses managing multiple locations or expanding lease portfolios. The Growth tier includes up to 25 active leases, 5 user accounts, and 25 AI document extractions per month. In addition to all Starter features, Growth adds batch import from Excel and CSV files. Single-country operations apply (UK or Ireland). Email support is included. Professional — GBP 99/month or GBP 990/year Designed for established businesses with complex, multi-jurisdiction lease portfolios. The Professional tier includes up to 75 active leases, 10 user accounts, and 100 AI document extractions per month. In addition to all Growth features, Professional adds multi-currency support (GBP, EUR, USD, JPY, AUD, CAD), multi-country portfolio management, REST API access with full OpenAPI documentation, phone support, and a one-hour onboarding session. The Professional tier is recommended for most mid-market businesses and delivers a 4-8x return on investment compared with manual compliance processes. Enterprise — from GBP 500/month or from GBP 5,000/year Designed for large organisations, accounting firms, and property investment companies. The Enterprise tier includes unlimited leases, unlimited user accounts, and unlimited AI document extractions. In addition to all Professional features, Enterprise adds a dedicated account manager, full migration support from legacy systems, white-label option, custom calculation methodologies, multi-tenant architecture for accounting firms, and a 99.9% uptime target. Enterprise pricing is volume-based and varies by lease count, user count, and support requirements. Free Trial Lease102 offers a 14-day free trial on the Professional tier. The trial provides full access to all Professional features including 75 active leases, 10 user accounts, and 100 AI extractions per month. No credit card is required to start the trial. After the trial period, accounts that have not subscribed to a paid plan enter view-only mode where existing data remains accessible but new leases and calculations cannot be created. What All Plans Include Every Lease102 subscription tier includes: FRS 102 Section 20 compliance calculations with paragraph-level audit references, lease modifications and early termination handling, a 7-year audit trail meeting Companies Act 2006 retention requirements, Excel and CSV export, ERP integrations (Xero, Sage 50, Sage 200, Microsoft Dynamics 365 Business Central), automated email alerts for lease expiration and rate changes, an AI chatbot assistant, and live reference rate integration with Bank of England SONIA and ECB euro short-term rate feeds. Competitive Positioning Lease102 is priced at GBP 200-990/year for SME tiers, compared with GBP 3,000-5,000/year charged by incumbent lease accounting platforms. The platform is purpose-built for FRS 102 (UK GAAP) rather than retrofitted from IFRS 16, eliminating unnecessary complexity for UK and Ireland entities. AI-powered document extraction, automated OBR calculations with live reference rates, and native ERP integrations are included in all tiers at no additional cost. - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: Australia, Austria, Belgium, Bermuda, Bosnia & Herzegovina, British Virgin Islands, Bulgaria, Canada, Cayman Islands, China, Costa Rica, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Ghana and 41 more ## Features - AI Copilot - Amortization Schedule - Audit Planning - Audit Trail - Automated Responses - Chatbot Software - Compliance Management - Natural Language Processing - Reporting & Statistics ## Integrations (4 total) - Dynamics 365 Business Central - Sage 200 - Sage 50 Accounting - Xero ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base Software - Phone Support - Chat ## Category - [Chatbot Software](https://www.capterra.ae/directory/32448/chatbot/software) ## Related Categories - [Lease Accounting Software](https://www.capterra.ae/directory/31198/lease-accounting/software) - [Audit Software](https://www.capterra.ae/directory/30664/audit/software) - [Chatbot Software](https://www.capterra.ae/directory/32448/chatbot/software) ## Alternatives 1. 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It automatically generates the full set of FRS 102 journal entries — Day 1 recognition, monthly ROU asset depreciation, lease liability interest unwinding — and posts them straight into our general ledger. No re-keying, no messing around with CSV uploads. On the security side, it ticks every box: AES-256 encryption at rest, TLS 1.3 in transit, and PostgreSQL Row-Level Security for tenant isolation. Our vendor security assessment was a breeze. > > **Cons**: The initial setup took some effort. Mapping our GL codes, tax extracts, and cost centres between Lease102 and our heavily customised Dynamics 365 environment was a fairly manual process. The documentation is thorough, but getting the disclosure note mappings right is easily a solid afternoon's work for a senior systems accountant. A more guided, template-based setup wizard for complex multi-entity ERP configurations would be a great addition down the line. > > It's rare to find a specialist accounting tool that genuinely satisfies both the IT department and the statutory finance team. Lease102 does. Uptime has been consistently on their 99.9% target, and it's effectively removed the risk of human error in journal posting. By cutting out those fragile manual CSV journal batches at month-end, we've shaved a good two days off our financial close. ----- ### "Eliminates multiple legacy systems and processes in landscape to meet the needs of FRS 102/ IFRS16 needs." — 5.0/5 > **Samantha** | *12 March 2026* | Oil & Energy | Recommendation rating: 3.0/10 > > **Pros**: Simple, hassle free and intuitive with the use of AI eliminating hours of work. The AI Document Extraction engine is highly sophisticated and is clearly specifically trained on the nuances of UK commercial real estate contracts. We utilised the platform to upload over 100 PDF lease agreements, including several poor-quality, scanned legacy documents from previous decades. The AI successfully parsed the unstructured data, accurately extracting critical commencement dates, complex break clauses, scheduled rent escalations, and payment frequencies with remarkable precision. What previously took our administration team several hours of manual reading and data entry per individual lease was drastically reduced to a brief 10-minute verification process. Additionally, the automated expiration and rate change alerts are invaluable for portfolio management. We receive highly configurable 30-day and 60-day automated email notifications, ensuring we never accidentally miss a break date or fail to accrue for a statutory rent review. > > **Cons**: While the AI extraction boasts an incredibly high accuracy rate for standard, modern digital formats, older, heavily hand-annotated scanned leases from the early 2000s absolutely required manual intervention and human review to ensure that complex, multi-tiered escalation clauses were captured correctly. The Lease102 Opus extraction engine intelligently highlighted low-confidence text extractions for human review, but users should be aware that the abstraction process is not completely hands-off if your archive consists of poor-quality, handwritten scans. > > Lease102 has fundamentally transformed our entire corporate approach to lease administration. Prior to adopting this SaaS solution, our retail property portfolio was managed via a fragmented, disconnected series of Excel files, leaving the business vulnerable to human error, missed deadlines, and overpayments. The platform not only ensures our strict compliance with the upcoming FRS 102 / IFRS 16 requirements by calculating the right-of-use (ROU) assets and liabilities perfectly, but it also serves as a centralised, highly secure repository for all our lease documentation. The implementation of row-level security and local UK/EU data center hosting satisfied our internal IT security and GDPR requirements. ## Links - [View on Capterra](https://www.capterra.ae/software/1084981/Lease102) ## This page is available in the following languages | Locale | URL | | en | | | en-AE | | | en-AU | | | en-CA | | | en-GB | | | en-IE | | | en-IL | | | en-IN | | | en-NZ | | | en-SG | | | en-ZA | | ----- ## Structured Data