Lyricist is described as 'combines everything you need for lyric writing, chord charting, and archiving into one package. The end result is Professional Quality Lyric Sheets and Chord Charts, but there’s much more to Lyricist' and is an app in the Audio & Music category. There are four alternatives to Lyricist for Online / Web-based, SaaS, Windows, Mac and Microsoft Office Word. The best alternative is Lazyjot, which is free. Other great apps like Lyricist are Pencraft (Paid), Lyric Boost (Free) and Masterwriter (Paid).
Lazyjot is a songwriter-first digital notebook to be able to mark where the beat hits in your lyrics, generate multisyllabic rhymes, see rhyme and syllable highlighting. Designed to help you write the best lyrics possible.