--- title: "Black Owl Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about Black Owl Software - reviews, pricing plans, popular comparisons to other Lease Accounting products and more." source_url: "https://www.capterra.com/p/265088/Black-Owl-Lease-Accounting/" page_type: "product" language: "en" --- # Black Owl Software Review 2026: Features, Reviews, Integrations, Pros & Cons Last updated on August 20, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews) Black Owl ## What is Black Owl? Streamline lease accounting compliance with Black Owl Systems' cloud-based solution. Our software includes out-of-the-box functionality for easy lease agreement creation and modification, as well as comprehensive management, disclosure, and reporting. We prioritize flexibility by providing standard features for multi-reporting standards and multi-currency to meet our clients' specific needs. Simplify your lease accounting processes today with our intuitive and user-friendly software. ## What is Black Owl used for? [Lease Accounting](https://www.capterra.com/lease-accounting-software/)[Lease Management](https://www.capterra.com/lease-management-software/) Overall rating Based on 4 user reviews Reviews sentiment Positive \- Neutral \- Negative \- Starting price Free trial not available Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... ## Black Owl alternatives Highest Rated [DebtBook](https://www.capterra.com/p/232590/DebtBook/) [4.9 (16)](https://www.capterra.com/p/232590/DebtBook/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 100% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/232590/DebtBook/) [4.6 (444)](https://www.capterra.com/p/20372/Entrata/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars [LOIS](https://www.capterra.com/p/10023151/LOIS/) [4.7 (38)](https://www.capterra.com/p/10023151/LOIS/#reviews) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 97% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/10023151/LOIS/) [LeaseQuery](https://www.capterra.com/p/143396/LeaseQuery/) [4.7 (106)](https://www.capterra.com/p/143396/LeaseQuery/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 98% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/143396/LeaseQuery/) ## FAQs about Black Owl Overview ### What company size and specific industries is Black Owl built for? Black Owl is designed for public and private companies of various sizes that need lease accounting support under ASC 842 and IFRS 16. It is a fit for organizations across industries that manage both lessee and lessor accounting and want to reduce compliance risk while producing accurate financial results. Features and Usability ### What are the key features of Black Owl? Black Owl offers lease management features for commercial, residential, and equipment leases, plus lease origination and critical date alerts. It also includes asset lifecycle management, fixed asset management, amortization schedules, budgeting and forecasting, audit trail, workflow management, document storage, reporting and analytics, and third-party integrations. Getting Started and Support ### What training and onboarding options does Black Owl offer? Black Owl provides in person training, live online sessions, webinars, and documentation to help teams get started. In person training supports direct instruction, live online sessions allow guided setup remotely, webinars cover feature overviews, and documentation offers written reference material for self-paced review. Getting Started and Support ### What customer support options does Black Owl offer? Black Owl provides Email/Help Desk, FAQ/Forum, Knowledge Base, Phone Support, and 24/7 Live Rep. Support is available across these channels, giving users multiple ways to get help and find answers when needed. ## Features AI summary Based on 302 Lease Accounting reviews Capterra data shows that buyers of lease accounting software rank the following features as their top priorities: - **Transaction History** (**75%** of reviewers rated this feature as critical) - **Accounting** (**64%**) - **Reporting/Analytics** (**38%**) Black Owl supports all three features that reviewers rate most highly: **Transaction History**, **Accounting**, and **Reporting/Analytics**. Together, these capabilities help businesses maintain clear lease records, manage financial activity accurately, and review performance data more effectively, allowing teams to improve compliance, track changes over time, and make better-informed decisions. Accounting 5.0 (3) 100.00% of 3 reviewers that rated this feature as important or highly important Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc. Reporting/Analytics 4.5 (2) 150.00% of 2 reviewers that rated this feature as important or highly important View and track pertinent metrics to find patterns and gain insights from data Amortization Schedule 5.0 (2) 100.00% of 2 reviewers that rated this feature as important or highly important Create a table of loan payments showing dates, amount of principal, amount of interest, and remaining balance Compliance Management 5.0 (2) 100.00% of 2 reviewers that rated this feature as important or highly important Track and manage adherence to policies for any service, product, process, or supplier Data Import/Export 2.5 (2) 50.00% of 2 reviewers that rated this feature as important or highly important Import and export data to and from software applications Audit Management 5.0 (1) 100.00% of 1 reviewers that rated this feature as important or highly important Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws Black Owl 43 features ### All Features - Accounting: Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc. - Accounting Integration: Integrate with a third-party accounting system - Activity Dashboard: Dashboard to view the status of ongoing processes, identify current incidents and track past activities - Ad hoc Reporting: Generate one-off reports that meet information requirements - Alerts/Notifications: Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges - Amortization Schedule: Create a table of loan payments showing dates, amount of principal, amount of interest, and remaining balance - API: Application programming interface that allows for integration with other systems/databases - Asset Lifecycle Management: Manage assets throughout their lifecycle to optimize profit - Audit Management: Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws - Audit Trail: A record of all activities within the system, including user access, changes made, etc. - Budgeting/Forecasting: Create budgets based on historical data and future projections - Commercial Leases: For commercial leases - Compliance Management: Track and manage adherence to policies for any service, product, process, or supplier - Contact Database: Centralized database of stakeholders and their contact information such as names, address, phone number etc. - Contact Management: Manage, organize, and store contact information - Contract/License Management: Track, store, and access client contracts or licenses - Critical Date Alerts: Notifications received when important dates and deadlines are coming up - Currency Conversion: Change one currency to another based on real-time rates/values - Customer Database: A collection of customer information such as contact details, demographics, previous interactions, etc. - Customizable Reports: Alter the layout and content of reports - Dashboard Creation: Creation and customization of dashboards - Data Import/Export: Import and export data to and from software applications - Document Management: Store, manage, and track all electronic documents in a centralized location - Document Storage: Store and organize documents in a centralized system - Expense Tracking: Monitor and record expenses such as purchases or charges incurred - For Real Estate: For realtors, real estate investors, property managers, and other real estate professionals. - Lease Origination: Process of creating and establishing a new lease agreement between a property owner and a tenant or borrower - Multi-Currency: Manage and handle various international currencies - Multi-Location: Manage and support multiple locations - Portfolio Management: Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk - Property Management: Add, view, and edit details of all properties managed by an agency that are available for sale or rent - Real-Time Reporting: Active reporting of data and metrics - Reminders: Timed notification for any upcoming task, deadline, appointment, or activity - Reporting & Statistics: Collection, analysis, and representation of numerical data and generation of reports to understand various patterns - Reporting/Analytics: View and track pertinent metrics to find patterns and gain insights from data - Residential Leases: For residential leases - Search/Filter: Search and filter data across systems to locate required information by entering keywords or certain criteria - Task Management: Create, manage and track all task activities and progression - Third-Party Integrations: Set up connections to third-party platforms to improve business processes - Transaction History: Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period - User Management: Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks - Vendor Management: Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc. - Workflow Management: Create, design and manage workflows for repetitive tasks --- Get Advice We can help you find the software with the features you need. Features 4.8 (4) 4.8 Based on 4 reviews ## Pricing Value for money 5.0 (4) Value for money 5.0 (4) 5.0 Based on 4 reviews Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs. ## Support, customer service and training options Customer Service 5.0 (4) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 5.0 (4) 5.0 Based on 4 reviews ## User reviews Overall rating 4.8 Based on 4 reviews Filter by rating 5(3) 4(1) 3(0) 2(0) 1(0) Mentioned topic Sorted by most recent MS Meghan S. Assistant Controller Financial Services ### "Effortless Lease Accounting with Reliable Automation" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 March 25, 2026 Fantastic! Great software and the team is top notch. Ready to help with any issues at a moments notice. Pros Black Owl Lease Accounting Solution stands out for how intuitive and efficient it makes a typically complex process. It handles lease compliance requirements smoothly, helping users meet standards without feeling overwhelmed. The interface is clean and user-friendly, so you don’t need to be a technical expert to navigate it. It streamlines the full workflow—from lease entry through reporting—saving time and reducing the risk of manual errors. Automation is a major strength, handling calculations, amortization schedules, and journal entries with strong accuracy. Reporting is clear and audit-ready, with useful customization options. Overall, it’s a reliable solution that simplifies lease accounting and helps users feel confident in their numbers. Cons One of the main drawbacks of Black Owl Lease Accounting Solution is that some of the reporting functionality can feel a bit limited or not as customizable as users might want. While it covers the essentials, more flexibility in formatting and deeper reporting options would make it even stronger. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. SM Scott M. Manager of Finance, Portfolio Investments Capital Markets ### "Lease Accounting Simplified" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 October 12, 2022 Pros We are a private equity firm with 13 operating companies and over 200 leases / subleases in multiple currencies which we previously tracked manually in excel. The Black Owl software helped streamline our processes, removed the burden and frustrations of manual spreadsheets and freed up time in our month-end and quarter end. We felt well supported during the entire implementation process and have been very impressed with the ongoing customer service. The software has a great look and feel and is very intuitive to use. Creating a new lease is quick and easy and the push button reporting functions have simplified our month-end and quarterly disclosures. Being the administrator of the software, I like how straightforward adding companies and updating the master data is. Overall we have been very impressed with the software and the team at Black Owl and would recommend it to anyone whose dealing with the frustrations created by the new leasing standard. Cons We don't have any cons to share based on our experience with the software and team at Black Owl to date. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. WL William L. Senior Partner Information Technology and Services ### "Black Owl Lease Accounting" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 September 28, 2022 Overall engagement with Black Owl Leasing from sales to project execution has been pleasant and as expected. Black Owl Leasing did not sell us anything that could not be delivered out of the box or provided quickly when we identified the need. Pros Communication with the Black Owl team from executives down to the consulting level was easy and responses to our questions were addressed on a timely basis. Features and functionality demonstrated were either delivered out of the box during implementation or addressed very quickly at our request. Cons Currently we are using Black Owl Leasing outside of our ERP system with the plan to integrate it fully into JD Edwards so at this time, we have to do manual journal entries until the integration is complete. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. TE Terri E. CFO Computer Software ### "Review of Black Owl Lease Accounting Software" 4.0 Overall Rating 4.0 4.0 Ease of Use 5.0 5.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 August 9, 2022 Overall, our experience has been very positive. Pros Ease of use and quality of customer service. Cons Improvements still needed in reporting functionality. Review source Vendor Referred - Incentive Offered: This reviewer was invited by the software vendor to submit an honest review and offered a nominal incentive as a thank you. ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox.