G2 reviewers report that LeaseQuery powered by FinQuery excels in lease accounting, receiving high praise for its ability to support compliance with ASC 842. Users appreciate the system's organization and the strong internal controls it offers, which significantly enhance the accuracy and visibility of lease data.
Users say that Visual Lease is particularly user-friendly, with many highlighting its visually appealing interface and straightforward lease management features. The alert system for expiring leases is also a favorite among users, making it easy to stay on top of critical dates.
Reviewers mention that LeaseQuery powered by FinQuery provides a quick implementation process, with many users noting how easy it is to upload leases and generate reports. This efficiency contributes to a smoother onboarding experience compared to Visual Lease, which, while easy to set up, may not match the same level of speed.
According to verified reviews, LeaseQuery powered by FinQuery stands out in terms of support quality, with users rating it highly for responsiveness and helpfulness. This level of support is crucial for organizations that rely on timely assistance for their lease management needs.
Users highlight that Visual Lease offers a strong user interface that is both organized and visually appealing. However, some users feel that it lacks the depth of features found in LeaseQuery, particularly in areas like regulatory compliance and detailed reporting capabilities.
G2 reviewers note that while both products serve the enterprise market, LeaseQuery powered by FinQuery has a broader range of features that cater specifically to complex lease accounting needs, making it a better fit for organizations with extensive lease portfolios compared to Visual Lease.
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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