LeaseQuery
4.6
47
LeaseQuery is a cloud-based lease accounting software that generates accurate amortization schedules and journal entries, and enables companies to meet disclosure requirements set by financial regulatory boards. It is fully compliant with the new lease accounting standards: ASC 842, IFRS 16, and GASB 87. The system was built by accountants for accountants and is complemented by the expertise of the company's in-house accountants. It also supports the internal controls companies need to ensure the accuracy of their financial statements. LeaseQuery offers numerous features that simplify lease accounting and management.
Strengths
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Efficient lease accounting
Automates lease accounting processes and ensures compliance with accounting standards
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Customizable reporting
Provides flexible reporting options to meet specific business needs
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User-friendly interface
Easy to use interface with intuitive navigation and helpful resources
Weaknesses
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Limited integrations
May not integrate with all necessary software or systems
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Pricing
Pricing may be higher than competitors
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Limited customer support
Customer support may not be available 24/7 or may have limited availability
Opportunities
- Growing demand for lease accounting software due to new accounting standards
- Opportunity to add new features and functionality to stay competitive
- Opportunity to form partnerships with complementary software providers
Threats
- Competitors may offer similar or better features at a lower price point
- Changes in accounting standards or regulations may impact demand for lease accounting software
- Economic downturns may impact demand for lease accounting software
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LeaseQuery Plan
LeaseQuery offers three pricing plans starting at $199/month, with additional features and support available at higher tiers.