LeaseQuery Review - why 5 stars?

Shlomi Lavi / updated: Apr 07, 2022

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

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.

Who is it best for?

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.

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.

What is the actual cost?

ITQlick pricing score is 3 out of 10 (10 is most expensive). Access ITQlick pricing guide for LeaseQuery. You can also find here pricing information from LeaseQuery's website.

How it stacks up?

Access a head to head analysis of LeaseQuery vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is LeaseQuery right for you or your business?

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.