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Wat is LeaseQuery?

LeaseQuery is cloudgebaseerde lease-boekhoudsoftware voor FASB ASC 842, GASB 87 en IFRS 16 waarmee bedrijven soepel kunnen overstappen op de nieuwe regels voor de leaseboekhouding. De software verwerkt elk type lease-activum, inclusief onroerend goed, apparatuur en voertuigen voor zowel kapitaal- als operationele lease. LeaseQuery biedt lineaire maandelijkse journaalboekingen die vereist zijn door GAAP, stuurt waarschuwingen voor verlengingstermijnen en analyseert je portfolio voor het effect van de nieuwe normen.

Wie gebruikt LeaseQuery?

Bedrijven die rapporteren op grond van FASB en IFRS met 10 of meer huurcontracten die boekhouding en beheer van lease nodig hebben, overheidsorganisaties die rapporteren op grond van GASB, accountantskantoren.

LeaseQuery Software - 1
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Twijfels over LeaseQuery? Vergelijk met een populair alternatief

LeaseQuery

LeaseQuery

4,7 (48)
Geen prijsinformatie gevonden
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Gratis proefversie
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VS.
Beginprijs
Prijsopties
Functies
Integraties
Gebruiksgemak
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3,8 (1.450)
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3,7 (1.450)
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Reviews over LeaseQuery

Gemiddelde score

In totaal
4,7
Gebruiksgemak
4,7
Klantenservice
4,9
Functies
4,5
Prijs-kwaliteitverhouding
4,8

Reviews op basis van bedrijfsgrootte (werknemers)

  • <50
  • 51-200
  • 201-1.000
  • >1.001

Reviews zoeken op score

5
69%
4
29%
3
2%
Jessica
Jessica
Director - Financial Reporting in VS
Geverifieerde LinkedIn-gebruiker
Financiële dienstverlening, 501-1.000 werknemers
Heeft de software gebruikt voor: 6-12 maanden
Bron van de reviewer

LeaseQuery software has improved our process and access to lease accountants adds value!!

5,0 6 jaar geleden

Opmerkingen: Automates everything related to leases - payment schedules, journal entries, disclosures, reconciliation support, alerts and so much more! Also get access to lease accountants and ability to ask questions and get timely feedback with chat function! They genuinely care about their customers and above all provide excellent customer service!

Pluspunten:

Automates, does the lease calculations and disclosures for us, sends alerts for critical dates, central repository for all lease contracts, highlights areas of changes for ease of review, chat function makes it easy to get questions answered quickly, easily converts to new lease standard, build by CPAs who know critical data elements needed, easy to use!!!

Minpunten:

A couple functions were needed, but when requested by LeaseQuery were told they were already working on it and now we're just waiting for those enhancements to be tested and released to the live version. They are continually making changes to the software and are also open to feedback.

Kirsten
Accounting Supervisor in VS
Lucht- en ruimtevaart, 1.001-5.000 werknemers
Heeft de software gebruikt voor: 2+ jaar
Bron van de reviewer

Eerder overwogen alternatieven:

Great Value for your money

4,0 3 jaar geleden

Opmerkingen: Our initial experience with LeaseQuery was a little difficult as there were many bugs and it sometimes took support a month to fix issues. Fast-forward three years, and it has improved tremendously. They are adding features that are relevant and useful, I have had less issues with the system and support has assisted me much quicker when I have issues. I am overall pleased with LeaseQuery.

Pluspunten:

When we first began using LeaseQuery I used to say over and over that if I grew to the point that I could trust LeaseQuery reports/balances I think it would be a great product and great value for our money. If I am being honest, it took a few years to get to that level but I feel like I am there now. LeaseQuery provides us with everything we need to track all of our leases and perform the required accounting under ASC 842. We have had a variety of different types of leases with some more difficult accounting and I have not come across a situation that LeaseQuery was not able to address. Many of the newer features such as point in time reporting have helped make the process tremendously easier. I have gained confidence in their reporting and journal entries. It provides us with what we need to complete ASC 842 accounting requirements.

Minpunten:

I have had a lot of issues in the past where changes I made in a lease did not carry through correctly to Journal Entries which required a lot of additional steps to validate values LeaseQuery produced. In 2021 I have not had this issue thus far, so I am hoping that means the bugs have been worked out. Reports have recently started taking much longer to run. It is difficult to look up a lease unless you have the Lease ID or know the exact address. It would be nice to have a search function that was a little easier to use. We are required to give our auditors a list of new leases added in the periods and their beginning balances. It would be nice to have a report that does this automatically. Currently I have to create one on my own using the amortization table.

Antioni
Director of Financial Reporting in VS
Detailhandel, 201-500 werknemers
Heeft de software gebruikt voor: 2+ jaar
Bron van de reviewer

LQ Review

3,0 3 jaar geleden

Pluspunten:

We rely on reporting to determine ROU and LL. I really enjoy our CSM who is very helpful.

Minpunten:

Some of the reports require a lot of effort to create.

Adrian
VP, Internal Controls Manager in VS
Bankwezen, 501-1.000 werknemers
Heeft de software gebruikt voor: 1+ jaar
Bron van de reviewer

Amerant Bank loves LeaseQuery!

5,0 4 jaar geleden

Opmerkingen: Amerant Bank is very satisfied with LeaseQuery. It has allowed us to automate our entire lease process and removed the need to perform very complex calculations in excel. Additionally, we have found the multi-departmental collaboration efforts between our Facilities, Accounting, Internal Controls, and Reporting teams to be seamless.

Pluspunten:

The software is very user friendly and has out-of-the box reports that make ASC 842 compliance a breeze. The tool makes lease management and accounting very simple from beginning to end.

Minpunten:

Changing some lease characteristics after a lease has been approved is a little cumbersome as the tool requires the user to re-enter some of those characteristics from scratch rather than just changing one specific field.

Mike
Asst. Controller in VS
Heeft de software gebruikt voor: 1+ jaar
Bron van de reviewer

Lease Query is my lifeline to maintaining sanity when dealing with over 70 Property Leases.

5,0 6 jaar geleden

Pluspunten:

Prior to LQ, Excel SS was my tracker for Leases. Countless hours spent on updating Lease extensions, contact info. deferred rent calculations and the worry of misstating financials with a simple oversight or formula error. Since implementing LQ, many of those worries and doubts have gone away. LQ has built in checks and balances to eliminate many common oversights and errors that can easily occur when maintaining Excel SS. The Customer Support you get with LQ is exceptional. The newly implemented online chat box is an invaluable, no cost upgrade. On the spot answers to questions you may have when working in the software saves valuable time by not having to make or wait for a return call to simple question you may have. One of the things I like most about the software is the reporting tool. With just a few clicks you can customize a report to include square footage, cost per foot, rent per Mth, etc. Landlord, Property Mgnt. info. If you enter info. into the system, you can get a report for it. As for Value for Money, I would give it 100 Stars if possible. What this software offers and does for you, it is well worth the small investment. You will save more on Time, Labor and Effort after implementing LQ than what you will spend on the software.

Minpunten:

The software needs an "Undo Button". With the requirement of a 2nd approver, which by the way is fantastic feature, once you begin a renewal or modification and discover you did something incorrect, the second approver needs to "reject" the submission before you can correct the error. This has been a recommendation and from what I understand is being developed currently.