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Cradle Pricing, Features, Reviews and Alternatives

Cradle product overview

Price starts from

99

Per month

What is Cradle?

Cradle’s Lease Accounting solution is specifically designed to orchestrate and accelerate your lease accounting compliance with ASC 842 and IFRS 16.

Key benefits of using Cradle

ENGINEERED COMPLIANCE Increased accuracy is driven by removing human error from standardized lease accounting processes through automation; this reduces the risk of misstatement and ensures regulatory compliance and increased financial statement integrity.

STREAMLINE MONTH END Run your financial reports in your chosen currency—in compliance with ASC 842 &
IFRS 16—instantly, and make your month-end effortless.

KNOW THE STATUS OF YOUR PORTFOLIO Key events that impact lease accounting are captured in one place. Everyone involved, from staff accountants to the controller, and other teams in the organization can access critical leasing information when it counts.

DO MORE WITH LESS By automating important but repetitive tasks, accounting can be more agile to your
business's needs. As demands on the organization grow, you are ready to scale to meet the challenge.

CENTRALIZE DOCUMENTATION Attach and store all supporting documentation in one secure location.

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Email/Help Desk
Knowledge Base
Phone Support
FAQs/Forum

Training options

In Person
Documentation
Webinars
Live Online

Cradle pricing information

Value for money

5.0

/5

2

Starting from

99

Per month

Pricing options

Free plan
Subscription
Free trial
Pricing range

Value for money contenders

Cradle features

Functionality

4.5

/5

2

Total features

24

1 categories

Most valued features by users

Reporting & Statistics
Activity Dashboard
Reporting/Analytics
Data Import/Export
Compliance Management
Accounting
Accounting Integration
Asset Lifecycle Management

Functionality contenders

Cradle users reviews

Overall Rating

4.5

/5

2

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10
Rating distribution

5

4

3

2

1

1

1

0

0

0

Overall rating contenders

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Cradle - Lease accounting software

Reviewed 2 years ago

Fantastic. Everything has gone to plan, the software does what it's required to do without a fault and it's very fast.

Pros

Accounting for my leased assets now takes minutes and I have the peace of mind that the calculations are correct. Since using Cradle the time spent on my month-end close for lease accounting has been dramatically reduced. Cradle is also very easy to use, so there's no need to familiarize yourself or re-train your staff members when you haven’t used an aspect of the software e.g. modification accounting.

Cons

Since signing-up, Cradle has already released a number of features that have greatly helped my lease accounting/management. I appreciate the fact Cradle not only take on my feedback but roll-out functionality to specifically address these points. Noting this, there are some additional features I’d like e.g. lessor accounting. However, it's been communicated that will be rolled out in the coming months.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

IFRS 16 Transition

Reviewed 2 years ago

Cradle has been a joy to work with. Being a smaller company, they have no red tape and our queries with dealt with promptly and efficiently. They were able to make custom enhancements with ease and have been very helpful and instrumental in our success for transition to IFRS 16. Would highly recommend.

Pros

Does exactly what we need it to do. It is straight forward and easy to use even for the most basic user. Implementation was very fast and seamless. Able to roll out to individual divisions with ease.

Cons

Consolidation and FX functionality would be nice to have, but was not a critical factor for us. Help menus could be more intuitive, with better field descriptions.

Cradle FAQs and common questions

Q. What type of pricing plans does Cradle offer?

Cradle has the following pricing plans:
Starting from: $99.00/month
Pricing model: Free, Subscription
Free Trial: Available


Q. Who are the typical users of Cradle?

Cradle has the following typical customers:
Freelancers, Large Enterprises, Mid Size Business, Non Profit, Small Business


Q. Does Cradle offer an API?

No, Cradle does not have an API available.


Q. What level of support does Cradle offer?

Cradle offers the following support options:
Email/Help Desk, Knowledge Base, Phone Support, FAQs/Forum

Common Cradle comparisons

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