# Black Owl Software Pricing, Alternatives & More 2026 | Capterra

> With the help of Capterra, learn about Black Owl Software - reviews, pricing plans, popular comparisons to other Lease Accounting products and more.

Source: https://www.capterra.com/p/265088/Black-Owl-Lease-Accounting/reviews

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# 

 Black Owl Software Review 2026: Features, Reviews, Integrations, Pros & Cons

Last updated on March 17, 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)[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

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## Black Owl alternatives

Highest Rated

[4.9 (502)](https://www.capterra.com/p/166893/Innago/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

98%

of reviewers

rated it above 4 stars

[4.7 (90)](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

[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

[4.3 (37)](https://www.capterra.com/p/265756/Lucernex/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

86%

of reviewers

rated it above 4 stars

## Features

Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically.

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.

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

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

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

Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.

Integrate with a third-party accounting system

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Generate one-off reports that meet information requirements

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

Create a table of loan payments showing dates, amount of principal, amount of interest, and remaining balance

Application programming interface that allows for integration with other systems/databases

Manage assets throughout their lifecycle to optimize profit

Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws

A record of all activities within the system, including user access, changes made, etc.

Create budgets based on historical data and future projections

For commercial leases

Track and manage adherence to policies for any service, product, process, or supplier

Centralized database of stakeholders and their contact information such as names, address, phone number etc.

Manage, organize, and store contact information

Track, store, and access client contracts or licenses

Notifications received when important dates and deadlines are coming up

Change one currency to another based on real-time rates/values

A collection of customer information such as contact details, demographics, previous interactions, etc.

Alter the layout and content of reports

Creation and customization of dashboards

Import and export data to and from software applications

Store, manage, and track all electronic documents in a centralized location

Store and organize documents in a centralized system

Monitor and record expenses such as purchases or charges incurred

For realtors, real estate investors, property managers, and other real estate professionals.

Process of creating and establishing a new lease agreement between a property owner and a tenant or borrower

Manage and handle various international currencies

Manage and support multiple locations

Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk

Add, view, and edit details of all properties managed by an agency that are available for sale or rent

Active reporting of data and metrics

Timed notification for any upcoming task, deadline, appointment, or activity

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

View and track pertinent metrics to find patterns and gain insights from data

For residential leases

Search and filter data across systems to locate required information by entering keywords or certain criteria

Create, manage and track all task activities and progression

Set up connections to third-party platforms to improve business processes

Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period

Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks

Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc.

Create, design and manage workflows for repetitive tasks

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Features

4.8 (4)

4.8

Based on 4 reviews

## Pricing

Value for money

5.0 (4)

### Starting price

Free trial  
not available

Value for money

5.0 (4)

5.0

Based on 4 reviews

Connect with a Capterra advisor for a free 15-minute consultation

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## 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

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

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

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

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

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

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

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

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