I like that LeaseQuery powered by FinQuery is simple to use and caters to most lease needs by providing a simple lease repository with accounting and reporting functionality. The reporting allows for a lot of flexibility, covering most reporting use cases. The user interface is great, making it easy to navigate, and the support team is always willing to help out at short notice. It requires fewer people to manage, which makes the process of uploading leases faster. The initial setup is very simple, which made the transition to using it smooth. Review collected by and hosted on G2.com.

The automation scope is limited. I understand they want to protect their integration IP by not exposing API endpoints, but it leads to a lot of repetitive manual effort. Also, the pre-built reports often leave a lot to be desired and require significant downstream work to cater to consolidated accounting. Review collected by and hosted on G2.com.

The ability to export entries to an excel Review collected by and hosted on G2.com.

When exporting the entries to an excel it doesn’t combine the payments Review collected by and hosted on G2.com.

LeaseQuery is a powerful and specialized tool that supports our compliance with ASC 842 while significantly improving the accuracy, visibility, and control over our lease accounting data. The system is well organized, incorporates strong internal control considerations, and is intuitive for users. Both our internal accounting team and external consultants interact with the tool on a monthly basis with no major issues reported. While minor issues arise from time to time, customer support is highly responsive and consistently resolves items quickly. Implementation is straightforward, with complexity largely driven by the volume and quality of leases uploaded. One of the platform’s strongest features is its robust reporting studio, which allows for highly customizable reporting, as well as its dashboards that enable real‑time monitoring of lease status, key metrics, and compliance with the click of a button. Overall, LeaseQuery remains a highly effective solution that strengthens our lease accounting processes and internal controls, and I would strongly recommend the tool. Review collected by and hosted on G2.com.

Would like to see an AI assitant function for uploading data, interacting with the system and analysing system outputs. Review collected by and hosted on G2.com.

I use LeaseQuery powered by FinQuery mainly for managing lease accounting and ensuring compliance with ASC 842 and IFRS 16 standards. I appreciate how the platform simplifies centralizing lease data, automates calculations, and generates reports for audits, which makes managing financial disclosures easier. What stands out most to me is the intuitive interface that cuts down on manual spreadsheet work, saving our team hours every month. The reporting features are robust, and the clear audit trail boosts my confidence in the accuracy of our numbers. The customer support is another plus; they've always been responsive and knowledgeable whenever we've needed assistance. I find that the software truly excels in delivering both accuracy and compliance in complex reporting needs, and its automated calculations for compliance standards like GASB 87 help minimize the risk of human error while keeping up with changing accounting standards. Additionally, the setup was very easy for my team. Review collected by and hosted on G2.com.

If there is one area for improvement, it would be expanding integrations with other ERP systems to make data syncing even smoother. Review collected by and hosted on G2.com.

Helpful visuals, one source for all, easy to navigate and not information overload when pulling monthly JE's Review collected by and hosted on G2.com.

File size limits can sometimes make it challenging to add subsequent amendments Review collected by and hosted on G2.com.

In my current position, I am responsible for SEC reporting, and I have found that LeaseQuery offers an excellent selection of reports tailored specifically to the disclosure requirements of US GAAP. I also appreciate how easy it is to customize reports—whether building them from scratch or making slight adjustments to out of the box reports, the process is best in class. Additionally, we have found the help center resources to be extremely helpful whenever we encounter unfamiliar transactions or face unique situations that do not arise often. Review collected by and hosted on G2.com.

When leases expire, you have a decision to make on how you want to maintain historical records. You will have to pay to keep the leases in the system, or you can pay a reduced fee to archive them. You can also deleted them entirely to remove any fees, but then you lose the ability to view those leases in the future or produce any accurate historical schedules. Review collected by and hosted on G2.com.

Lease Query allows my company to maintain all ASC 842 accounting leases in one place without the headache of spreadsheets with endless tabs and the nightmare of formula errors. It also syncs directly to our ERP Sage for a seemless EOM process. Review collected by and hosted on G2.com.

Some of the AI does not properly capture lease info. Review collected by and hosted on G2.com.

LeaseQuery provides videos and training that teaches clients how to use the platform. Review collected by and hosted on G2.com.

There isn't enough accounting guidance on the platform. Review collected by and hosted on G2.com.

LeaseQuery is an excellent platform for managing and accounting for all our building and equipment leases under ASC842. It offers robust controls, allowing for admin users, data entry users, and approvers, which helps maintain proper oversight. The system provides a comprehensive audit trail for every lease entry and any changes made to a specific lease, ensuring transparency. Whenever I encounter an issue, the support tools are quite helpful, and the support team is consistently responsive and knowledgeable. I also appreciate the alert emails for important lease dates, which help keep our team informed about upcoming lease terms and other critical deadlines. The interface is very user-friendly, making navigation straightforward. I value its ability to integrate seamlessly with our Oracle NetSuite software, enabling us to post journal entries with just a click. There are many aspects of LeaseQuery that I enjoy, and it truly makes my job easier, which I greatly appreciate. Additionally, it provides valuable year-end audit reports and serves as a powerful tool for creating custom reports using data from LQ. Review collected by and hosted on G2.com.

I don't have many complaints about LeaseQuery. The main suggestion I have is that it would be very helpful to have the ability to customize which team members receive specific alerts. Personalized alerting would be a valuable feature, as not every notification is relevant to everyone on our lease team. For instance, the accounting department needs reminders about rent increases, while the operations team only needs to be notified about upcoming lease expirations. Review collected by and hosted on G2.com.

LeaseQuery is super easy to use and easy to learn. The support is very responsive to issues and getting things resolved. Love the report studio as it is very easy to create custom reports that assist with everyday needs. Our customer success rep is amazing and is always keeping us in the loop with product enhancements and how best to use the software! Review collected by and hosted on G2.com.

Sometimes the load time in between screens is annoying but not a deal-breaker. Review collected by and hosted on G2.com.