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Cradle Accounting Pros and Cons: Top Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users appreciate the helpful and responsive customer support of Cradle Accounting, enhancing their overall experience. (2 mentions)
Users find Cradle Accounting to be extremely user-friendly, appreciating the supportive customer service team that assists effectively. (1 mentions)
Users value the easy access to agreements in Cradle Accounting, significantly reducing time spent on management tasks. (1 mentions)
Users appreciate the helpful customer service that provides quick responses and product demos for better understanding. (1 mentions)
Users value the user-friendly interface of Cradle Accounting, making lease management efficient and supported by excellent customer service. (1 mentions)
Users seek better amortization functionalities for efficient management of multiple leases in Cradle Accounting. (1 mentions)
Users find the coding change implementation in Cradle Accounting challenging and desire a simpler update process post-implementation. (1 mentions)
Users find the lease coding update process in Cradle Accounting to be cumbersome and lacking efficiency. (1 mentions)

Top Pros or Advantages of Cradle Accounting

1. Customer Support
Users appreciate the helpful and responsive customer support of Cradle Accounting, enhancing their overall experience.
See 2 mentions

See Related User Reviews

Verified User
A

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"Trial run"

What do you like about Cradle Accounting?

The customer service: available to demo the product and quick responses on errors and questions.

AC

austin c.

Small-Business (50 or fewer emp.)

4.5/5

"User friendly software."

What do you like about Cradle Accounting?

Very user friendly compared to other lease programs. Our firm interviewed 3-4 different lease software and found this one to be the user friendly. Add

2. Ease of Use
Users find Cradle Accounting to be extremely user-friendly, appreciating the supportive customer service team that assists effectively.
See 1 mentions

See Related User Reviews

AC

austin c.

Small-Business (50 or fewer emp.)

4.5/5

"User friendly software."

What do you like about Cradle Accounting?

Very user friendly compared to other lease programs. Our firm interviewed 3-4 different lease software and found this one to be the user friendly. Add

3. Easy Access
Users value the easy access to agreements in Cradle Accounting, significantly reducing time spent on management tasks.
See 1 mentions

See Related User Reviews

LC

Liz C.

Mid-Market (51-1000 emp.)

5.0/5

"Cradle has simplified and expedited lease accounting and reporting"

What do you like about Cradle Accounting?

Managing our leases used to be a 3+ day effort by someone in financial reporting. It was managed in a spreadsheet, never fully reconciled and was pron

4. Helpful
Users appreciate the helpful customer service that provides quick responses and product demos for better understanding.
See 1 mentions

See Related User Reviews

Verified User
A

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"Trial run"

What do you like about Cradle Accounting?

The customer service: available to demo the product and quick responses on errors and questions.

5. Lease Management
Users value the user-friendly interface of Cradle Accounting, making lease management efficient and supported by excellent customer service.
See 1 mentions

See Related User Reviews

AC

austin c.

Small-Business (50 or fewer emp.)

4.5/5

"User friendly software."

What do you like about Cradle Accounting?

Very user friendly compared to other lease programs. Our firm interviewed 3-4 different lease software and found this one to be the user friendly. Add

Top Cons or Disadvantages of Cradle Accounting

1. Amortization Issues
Users seek better amortization functionalities for efficient management of multiple leases in Cradle Accounting.
See 1 mentions

See Related User Reviews

Verified User
A

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"Trial run"

What do you dislike about Cradle Accounting?

Custom reports to download the amortization schedules for multiple leases at same time

2. Implementation Issues
Users find the coding change implementation in Cradle Accounting challenging and desire a simpler update process post-implementation.
See 1 mentions

See Related User Reviews

LC

Liz C.

Mid-Market (51-1000 emp.)

5.0/5

"Cradle has simplified and expedited lease accounting and reporting"

What do you dislike about Cradle Accounting?

I have run into an issue where I need to make coding changes to a large number of leases. Cradle has an OK but not great solution for this. I wish the

3. Lease Management
Users find the lease coding update process in Cradle Accounting to be cumbersome and lacking efficiency.
See 1 mentions

See Related User Reviews

LC

Liz C.

Mid-Market (51-1000 emp.)

5.0/5

"Cradle has simplified and expedited lease accounting and reporting"

What do you dislike about Cradle Accounting?

I have run into an issue where I need to make coding changes to a large number of leases. Cradle has an OK but not great solution for this. I wish the

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Verified User in Food Production
AF
Verified User in Food Production
Mid-Market (51-1000 emp.)
"It is very easy to use"
4.5/5
What do you like best about Cradle Accounting?

Cradle is very easy to use. Customer support was excellent Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

I haven't noticed anything specific within Cradle yet. Review collected by and hosted on G2.com.

AU
Arrian U.
Small-Business (50 or fewer emp.)
"Comprehensive Lease Management"
5/5
What do you like best about Cradle Accounting?

I like the flexibility and the user friendly of the software. Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

I do not have any dislike except signing in is a challenge it doesn't save the password. Review collected by and hosted on G2.com.

CC
Catalina C.
Mid-Market (51-1000 emp.)
"Friendly based software"
5/5
What do you like best about Cradle Accounting?

I found it friendly and easy to navigate Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

I compared assets and liabilities which are not a requirements in Disclosure Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Verified User in Accounting
Small-Business (50 or fewer emp.)
"Customer support was quick and helpful"
5/5
What do you like best about Cradle Accounting?

Easy to use, reasonable pricing, ease of implementation and great customer support Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

Item description and a few sample scenarios will be more helpful Review collected by and hosted on G2.com.

WS
Wade S.
Small-Business (50 or fewer emp.)
"The Perfect solution for lease accounting"
5/5
What do you like best about Cradle Accounting?

It's designed by a team that understands what accountants want and need. It is also cost effective for a small business and yet provides the same look and feel like a Big 4 accounting experience. Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

Nothing that I can think of. We see this as a much better option than what else is available in the marketplace. Review collected by and hosted on G2.com.

OF
Oscar F.
Small-Business (50 or fewer emp.)
"I'm a CPA that uses Cradle for accounting purposes."
5/5
What do you like best about Cradle Accounting?

I like how user friendly it is. I use it frequently Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

There's nothing to dislike about Cradle Accounting Review collected by and hosted on G2.com.

TM
Ty M.
Mid-Market (51-1000 emp.)
"Cradle Accounting for ASC842"
5/5
What do you like best about Cradle Accounting?

The ease of use was a big benefit to us. Also the customer service has been fantastic. Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

We have not found any downsides at the moment, we don't have many leases so we are not using it to its fullest capability at the moment. Review collected by and hosted on G2.com.

KP
Kim P.
Small-Business (50 or fewer emp.)
"New user so appreciate the user-friendly system"
5/5
What do you like best about Cradle Accounting?

The ease of reporting once the information is entered. Brendan Doyle's trainings are great! Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

It appears there is ambiguity with the market value used but this is not a system issue. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Verified User in Accounting
Small-Business (50 or fewer emp.)
"Cradle a great tool!"
5/5
What do you like best about Cradle Accounting?

Cradle Accounting is easy to use, if you are not sure of any items, they have a wealth of resources to guide you. If you are still unsure you can always call your sales representative for additional insight. Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

At this time I cannot think of any downside to the product. Review collected by and hosted on G2.com.

Verified User in Transportation/Trucking/Railroad
AT
Verified User in Transportation/Trucking/Railroad
Mid-Market (51-1000 emp.)
"Great functionality for leases with a simplified and easy-to-use program."
4.5/5
What do you like best about Cradle Accounting?

All lease requirements per AASB16 can be reported and consolidated into one space, saving time and eliminating the chance of error. It allows reporting and disclosure to be more accurate, transparent, and efficient. Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

Nothing significant to note. Potentially an option to downgrade in functionality (and therefore price), although Cradle is the most reasonably priced software regardless. Review collected by and hosted on G2.com.
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