What I like most about LeaseQuery is the robust amount of resources we have for the system. If you have a question about how to change a lease, ASC 842 in general, or any other lease related questions there is almost always a post about it. If your situation is very specific then you can always reach out to a team member with your question and they are always super knowledgeable and quick to respond. Review collected by and hosted on G2.com.

The only dislike I can think of is when a change is made in Leasequery, sometimes the approvals can be a little tricky to complete submit the lease for approval. But that is a small item. Review collected by and hosted on G2.com.

I love the journals that FinQuery creates for year end and all of the year end reports. It makes GASB 87 and 96 much easier. Review collected by and hosted on G2.com.

I dislike that journal entry screen is not very "smart". When I choose to get a journal based on an actual lease ID, the screen should know if it is GASB 87, or 96 and it should know if it is landlord or tenant all based on the lease id. Also, we should be able to go get a journal entry straight from the lease screens. If i am reviewing a lease contract, there should be an option to create a journal for that lease. Review collected by and hosted on G2.com.

This software is extremely user-friendly and intuitive, making it easy to collect and store data for creating downloads that can be effortlessly converted into journal entries. Whenever I reached out to customer support, my requests were handled promptly and resolved quickly. Review collected by and hosted on G2.com.

I honestly can't find anything negative to say, as this has been a significant improvement over our previous process. Review collected by and hosted on G2.com.

I appreciate the Report function, as it allows you to easily create any report you need using whichever field items you choose. This flexibility has been extremely helpful when responding to requests from leadership. Additionally, I really enjoy how seamlessly the Leasquery/Finquery integrations work with our accounting software, making it much simpler to complete monthly journal entries. Review collected by and hosted on G2.com.

At times, the bulk update process can be somewhat cumbersome to use, especially when it comes to identifying and correcting errors that occur during bulk updates. Review collected by and hosted on G2.com.

Lease Query automates compliance with complex lease accounting standards. It ensures accurate classification of leases and calculates amortization, ROU assets, and liabilities automatically. User Friendly with clear dashboards and intuitive navigation, even for users who aren't tech-savvy. With more leases the more Frequent users will have the most success. The tool Connect designed specifically to simplify integrations — to automate journal entries, reduce manual data entry, and let lease data flow into existing systems Review collected by and hosted on G2.com.

There can be confusion during implementation, especially when leases are complex with amendments, renewals, modifications. While customer support may be available, in urgent situations responses can be slower than ideal. Review collected by and hosted on G2.com.

LeaseQuery was strongly recommended to us by our CPA firm, and it has effectively addressed our compliance needs for ASC842. I have found the platform to be user-friendly, making the process much smoother. The customer service team consistently goes above and beyond, making LeaseQuery a valuable business partner. Review collected by and hosted on G2.com.

I haven't found any downsides. This product has saved me countless hours of work. Review collected by and hosted on G2.com.

Since then, LeaseQuery has made meaningful improvements. The AI-driven lease entry feature is a standout enhancement—streamlining the onboarding of new leases with impressive efficiency and accuracy. This has significantly reduced manual data entry and the risk of errors.

Another welcome update is the introduction of locked period entries, which appears to have resolved many of the prior period modification issues. By preventing unintended changes to closed reporting periods, this feature has added a layer of control and auditability that was previously missing.

Overall, LeaseQuery has evolved from a reactive solution to a more robust and user-friendly platform. While the early implementation had its growing pains, the recent updates demonstrate a clear commitment to improving functionality and user experience. Review collected by and hosted on G2.com.

When ASC 842 was first introduced, LeaseQuery emerged as one of the early software solutions specifically designed to address the new lease accounting requirements. As a first-generation tool in this space, it provided a much-needed framework for managing lease data and ensuring compliance. However, like many systems launched in response to new regulations, the initial implementation came with challenges.

One of the most notable hurdles during the first year of adoption was handling modifications to prior period entries. The system lacked flexibility in this area, making it difficult to adjust leases retroactively without impacting reporting integrity. This created complications for teams trying to reconcile historical data while maintaining compliance. Review collected by and hosted on G2.com.

LeaseQuery utilizes a dynamic, user-friendly interface that enables people of all backgrounds to safely navigate and understand key details of their leases. This enables better detail oriented financial reporting and seamless organization provided for all documentation stored within. As a result, LeaseQuery is a useful tool that can be relied on by all financial professionals. Review collected by and hosted on G2.com.

The company is struggling to integrate LeaseQuery with 3rd party software like Okta. Okta is used as a space to organize software applications and websites, customized for professional or personal use. It is essential from a professional standpoint to use 3rd party applications like Okta, because it allows for multi-factor authentication. It would be nice to have this multifactor authentication so that system admins could assist in IT related issues. As of now, we have to log in through LeaseQuery portal without any multi-factor authentication. Review collected by and hosted on G2.com.

I like the peace of mind that everything is automated and all in one place. I can customize nearly anything I want, including eliminating intercompany leases. Creating, renewing, and modifying leases is really simple. I was manually tracking and calculating ASC 842 leases before using LeaseQuery and it was a daunting task. With multiple entities in our consolidation, it was complicating and time consuming. Now I spend roughly 30 minutes a month on it and it couldn't be easier. Review collected by and hosted on G2.com.

Some of the page views could be improved for ease of navigation. Review collected by and hosted on G2.com.

LeaseQuery is very easy to use and simple to set up, even for people who are not technical. It comes with clear steps for adding lease information and has many helpful features that make daily work easier. The platform supports teamwork, integrates smoothly with other tools, and keeps important data organized and secure. Their customer support is quick, friendly, and always ready to help. Review collected by and hosted on G2.com.

Sometimes the system runs slower than I would like especially when making reports and it feels a bit pricey, but fixing the speed issues would make it almost perfect. Review collected by and hosted on G2.com.