Users report that LeaseQuery powered by FinQuery excels in Lease Accounting with a score of 9.2, while CoStar COMPS falls short with a score of 5.5. Reviewers mention that LeaseQuery's robust accounting features streamline financial reporting and compliance, making it a preferred choice for enterprises.
Reviewers say that LeaseQuery's Document Management feature, rated at 9.1, significantly enhances user experience by allowing easy access and organization of lease documents. In contrast, CoStar COMPS, with a score of 7.3, is noted for lacking comprehensive document management capabilities, which can hinder efficiency.
Users on G2 highlight the effectiveness of LeaseQuery's Critical Date Alarms, scoring 8.9, which help users stay on top of important lease deadlines. CoStar COMPS, rated at 6.3, does not provide the same level of proactive alerts, leading to potential oversights in lease management.
G2 users mention that LeaseQuery's Portfolio Administration feature, rated at 9.0, offers superior functionality for managing multiple leases, while CoStar COMPS, with a score of 7.4, is seen as less intuitive and more cumbersome for portfolio management tasks.
Reviewers mention that LeaseQuery's Regulatory Compliance score of 9.0 reflects its strong capabilities in ensuring adherence to financial regulations, whereas CoStar COMPS, rated at 7.7, is perceived as lacking in this critical area, which can pose risks for users.
Users report that LeaseQuery's Reporting capabilities, with a score of 9.1, provide detailed insights and customizable reports that are essential for decision-making. In comparison, CoStar COMPS, scoring 8.1, is noted for having less flexibility in reporting options, which can limit users' analytical capabilities.
LeaseQuery’s core platform focuses on easing the mandatory transition to ASC 842, IFRS 16, GASB 87 and GASB 96. More than 28,000 financial professionals...Read more
What does lease accounting software do?
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Lease accounting software provides the calculations and functionalities that are necessary to comply with the financial reporting standards for lease...Read more
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