LeaseQuery powered by FinQuery Reviews & Product Details

LeaseQuery is very user friendly. Our company uses LeaseQuery to account for leases and manage payments whereby we are the leasee. When implementing and/or submitting any tickets, the support staff has been very responsive and have provided excellent customer service. Review collected by and hosted on G2.com.

Our company has been very happy with the LeaseQuery product. If there were to be one improvement, it would be to include the ability to allocate lease expense to multiple account strings as we still use manual journal entries to allocate lease expense for lease contracts that cover multiple departments. Review collected by and hosted on G2.com.

The system overall is easy to use, but what I appreciate the most is the consistent excellent customer service. It is extremely easy to submit a ticket, response times are fast and thorough. They also have office hours that you can sign up for with a live agent. Review collected by and hosted on G2.com.

Finquery does a great job at understanding customer needs and then roadmapping them for future improvements. It would be nice to have the approval workflow go through multiple levels of review. This is important to me because we have regional teams that handle day to day lease accounting, but I am the final reviewer of all leases that get entered into the system. Review collected by and hosted on G2.com.

Having one centralized location for all lease documents and dates Review collected by and hosted on G2.com.

Dynamic pricing as the lease count grows which hurts a company growing through acquisitions like ours. Review collected by and hosted on G2.com.

It's a great hub to have our 842 leases in one place and to reference back to historical leases when we need to. The AI feature that analyzes the lease agreement is nice as well, especially for agreements in a foreign language. Review collected by and hosted on G2.com.

I don't like how often I lose my work because it logs me out while I'm being changes. Sometimes I know there are answers that I have inputted when first creating the lease that I can't see because the system shows the lease differently once it's approved. Review collected by and hosted on G2.com.

The quarterly and annual report options are useful in saving time and interacting with our auditors. Inputting leases is straight-forward and making updates to current leases is very user friendly Review collected by and hosted on G2.com.

We have many lease documents that are in a foreign language, so having an ability to translate these within the platform would be useful. Review collected by and hosted on G2.com.

LeaseQuery is user friendly and easy to update and maintain. Review collected by and hosted on G2.com.

The two biggest items are: 1) charging a fee for expired contracts to be maintained/archived 2) the system does not integrate with our ERP system so the process to prepare the monthly JEs is extra manual work> LQ offers some functionality to help with this but it involves an additional fee. Review collected by and hosted on G2.com.

FinQuery allowed us to have a smooth implementation of ASC 842 accounting and the process since then has only gotten better. Month-end closing for lease accounting is never a problem with how easy it is to pull our monthly entries. Come audit time, the available reports allow us to quickly provide our auditors the required disclosure documents.

The customer service is always very helpful and scheduling a time to meet is very smooth. It is great being able to have a private conversation with a dedicated FinQuery member rather than a group call with multiple customers. Review collected by and hosted on G2.com.

The only complaint I have is the system will log you out quickly if you are not active on the sight. Review collected by and hosted on G2.com.

What I like best about LeaseQuery powered by FinQuery is how it strengthens reporting accuracy and efficiency. The system generates consistent, audit-ready reports directly from lease data, which makes it much easier to support financial statement notes, reconciliations, and year-end reporting. It also centralizes calculations like amortization and interest, so the numbers feeding into reports are reliable and consistent, reducing the need for manual tracking and adjustments. Review collected by and hosted on G2.com.

One thing I don’t love about LeaseQuery powered by FinQuery is that some of the reporting isn’t as flexible as I’d like when I need to tweak things for specific analyses. It’s also not always the most intuitive to navigate when you’re trying to drill into details, which can slow things down a bit during busy reporting periods Review collected by and hosted on G2.com.

The platform is intuitive, easy to navigate, and has made lease accounting much more efficient for our team. It simplifies complex compliance requirements while providing clear reporting and reliable calculations, which has saved us a significant amount of time. Review collected by and hosted on G2.com.

Personally, I have not yet come across a feature that I dislike about LeaseQuery in the scope that I use the platform. Review collected by and hosted on G2.com.

LeaseQuery is helpful by managing 100 leases that are constantly changing. The software is user-friendly as it is interactive with explanation to the prompts. Review collected by and hosted on G2.com.

The software does not run a retest of the lease classification when an existing lease is modified or renewed. This creates inefficiency as the client has to run a manual classification test. Review collected by and hosted on G2.com.