LeaseQuery Review - why 5 stars?

LeaseQuery Review
ITQlick Score: 87/100
ITQlick Rating: (5/5)
Pricing: 3/10 - low cost
Category: Lease Management -> LeaseQuery
Ranking:Ranked 1 out of 10 Lease Management systems
Company: LeaseQuery, LLC
Typical customers: Small, medium and large size businesses
Platforms: Desktop
Links: LeaseQuery pricing, LeaseQuery alternatives
Shlomi LaviShlomi Lavi / updated: Jun 05, 2021

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What is LeaseQuery?

LeaseQuery is a cloud-based facilities management solution that is designed for accountants to help in lease accounting capabilities for tenants/lessees. The platform features a searchable centralized repository for lease documents and offers the alerts when key dates are approaching automatically.

LeaseQuery helps the user generate accurate amortization schedules as well as journal entries that enable the firms to meet the disclosure requirements determined by the financial regulatory boards. The product helps companies comply fully with IAS 17, IFRS 16, FASB ASC 842, and FASB ASC 840. Also, it supports the internal controls that the businesses need to ensure that the financial statements are accurate. LeaseQuery, LLC based in Atlanta, GA 30346 owns LeaseQuery software.

What is LeaseQuery rating? ()

The rating of LeaseQuery is 5 stars out of 5 and the total score is 87 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are LeaseQuery's typical customers?

Customers of the software include businesses of all sizes and a wide range of types. It can be used in such major industries and domains as construction and engineering services, real estate, automation and manufacturing, oil and gas exploration, and others. Some notable clients of the software include Westplan Investors, Tupelo Honey Hospitality Corporation, and others.

Is LeaseQuery the best Lease Management?

LeaseQuery is ranked 1 out of 10 software in their category (Lease Management systems).

What are their main features and functionalities?

The software ensures reliable asset data integrity and eliminates errors by requiring all leases entered to be reviewed and approved. It offers comprehensive document management and arranges all the lease documents in multiple formats in a single searchable database. Efficient search ensures that required information is available within seconds.

LeaseQuery offers the ability to efficiently manage critical dates such as expirations, renewals, and other custom dates. It also allows setting of different tasks under multiple leases. Other important capabilities include custom reporting, contact management, commercial lease management, alerts and notifications, retail leases, landlord and tenant database, and others.

Who are their main alternatives?

The two main competitors of LeaseQuery include Wisp and Virtual Lease. Wisp is ideal for small and midsize businesses, and on the other hand, LeaseQuery is suitable for companies of all sizes, including small, medium sized and large enterprises. Both Wisp and LeaseQuery pricing is below average and are both cloud-based and on-premise facility solutions that support platforms such as Mac, Win, and Linux. Wisp has an online rating of 5.0, but LeaseQuery has an online rating of 4.9.

Both Virtual Lease and LeaseQuery cater to businesses of all sizes, including small, midsize, and large enterprises. LeaseQuery pricing is below average, whereas Virtual Lease pricing is above average. According to online reviews, LeaseQuery has a rating of 4.9, but Virtual Lease has an online rating of 4.6. Both are cloud-based and on-premise facility management solution.

What is the cost of LeaseQuery?

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 3 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for LeaseQuery

What should you ask LeaseQuery, LLC during a demo session? (65 questions)

Schedule a demo with LeaseQuery and access 65 must ask questions for the vendor while watching LeaseQuery in action. Visit the vendor's website here.

Is it the right software for you?

LeaseQuery is ideal for businesses of all sizes ranging from small to large enterprises. The platform is suitable for accountant and lessees/tenants. It serves multiple industries, including banking and financial, healthcare, energy, oil, gas, logistics, manufacturing, retail, and restaurants. Some of its customers include Bobcat, Pinnacle treatment center, Origin Bank, and NutriSystem, among others.

List of categories

Fixed Asset Management

LeaseQuery Vs. Alternatives

ITQlick rating
Score
Pricing
License pricing
Functionality
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LeaseQuery
ITQlick rating
5/5
Score
87/100
Pricing
3/10
License pricing
Pricing not available
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3
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Visual
ITQlick rating
4.6/5
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84/100
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6/10
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Pricing not available
Functionality
17
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Property
ITQlick rating
4/5
Score
84/100
Pricing
5.2/10
License pricing
$15 per month
Functionality
5
ProLease
ITQlick rating
4.7/5
Score
83/100
Pricing
6/10
License pricing
$6,000 per year
Functionality
8
Lease
ITQlick rating
2.8/5
Score
83/100
Pricing
2.8/10
License pricing
$149 per user/month
Functionality
4
Review
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.