Deciding which lease management software package is the right one to manage your properties is no easy task.

How a particular lease management software program suits the needs of lease managers depends on the characteristics of the properties and the ability of the software to capture all critical information pertaining to the property's performance and output of it into meaningful reports.

The first step in deciding which lease management software is right for your situation is to compare the features of each package against your organization's long-term objectives and business plans. You should also determine whether or not the software has the ability to grow with your company's needs.

Ultimately what drives the choice of lease management software is (1) how well the package executes the applications - were they designed primarily for your industry or thrown in as part of a "general" lease management package? (2) cost - what is the total cost of ownership (including training, support, upgrades to hardware, software upgrades, etc.) and (3) ease of use -is the interface intuitive and easy to follow? Does the program reduce keying in of data and redundant tasks?