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

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

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

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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RO

Rondinella O.

senior accountant

Mid-Market (51-1000 emp.)

8/2/2022

"Implementation was easy and the reports give us exactly what we need to book!"

5/5

What do you like best about Cradle Accounting?

The reports are easy to use and pull and contain all the information we need for our journal entries and BS reconciliations. Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

You need to upgrade by 10 leases. You can't do less. Review collected by and hosted on G2.com.

DR

David R.

Chief Financial Officer

Mid-Market (51-1000 emp.)

6/28/2022

"It has been a pleasure so far working with the Cradle team."

4.5/5

What do you like best about Cradle Accounting?

They have helped us greatly in the setup process. Truly great customer service! Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

At this point, we don't have any dislikes. We did a thorough evaluation before committing to the product. Review collected by and hosted on G2.com.

CG

Cody G.

VP/Controller

Mid-Market (51-1000 emp.)

2/11/2022

"Great software for small companies for great price"

5/5

What do you like best about Cradle Accounting?

The software is user friendly, affordable for small companies, and the support has been excellent. Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

Haven't really ran into any issues or features that I dislike. Review collected by and hosted on G2.com.

Recommendations to others considering Cradle Accounting:

It's a great product at a great price compared to other lease software I've researched, especially for a financial institution with a limited amount of leases. Review collected by and hosted on G2.com.

What problems is Cradle Accounting solving and how is that benefiting you?

I did not want to try and do the lease discounted cash flows through excel so I researched software that could do it for me. Cradle is great because it allows me to export the journal entries directly into my accounting software. Review collected by and hosted on G2.com.

AC

Verified User in Consumer Services

Mid-Market (51-1000 emp.)

2/9/2022

"Great experience!!!"

4.5/5

What do you like best about Cradle Accounting?

Cradle is very user-friendly. I am happy to say it does a great job when it comes to organizing the 60+ leases that we keep in our excel file.

You have the option to customize your leases based on the company's preference. For example, you can choose what to add/remove from your dashboard!

There are also many reports available for download. Review collected by and hosted on G2.com.

What do you dislike about Cradle Accounting?

Everything has been great with Cradle so far!

Something that would really help is if Cradle added a CAM field for all agreements. It helps keep the base rent separate from CAM charges. Review collected by and hosted on G2.com.