LeaseQuery Pricing Plan & Cost Guide

LeaseQuery

Lease Accounting Software for ASC 842, IFRS 16, & GASB 87

4.74/5 (33 reviews)

LeaseQuery Pricing

Pricing model: Subscription

Free Trial: Available (No Credit Card required)

Contact vendor for pricing

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LeaseQuery Pricing Reviews

Pros
  • M very pleased with how easy it is to use the software and we're happy with the segregation/controls that are in place.Nathanael K.Read the full review
  • Once we made the choice to go with LeaseQuery, initial setup was seamless and we were given a dedicated resource to help us with any questions that came up during implementation.Nathanael K.Read the full review
  • The best functionality about this software is how user friendly it is.Evelyn A.Read the full review
Cons
  • It is hard to find something I dislike about the software.Gary P.Read the full review
  • George, with LeaseQuery, read all of our leases and put the information into LeaseQuery for NO additional cost.Sarah M.Read the full review
  • During implementation it was difficult to manually upload roughly 200 leases from our old system.Evelyn A.Read the full review
100%
recommended this to a friend or a colleague

3 reviewers had the following to say about LeaseQuery's pricing:

Jeffrey Carr, CPA

The support team at LeaseQuery has been exceptional with overall communication.

Used monthly for less than 6 months
Reviewed 2018-04-12
Review Source: Capterra

Compliant lease reporting.

Pros
The software is specifically for accounting so it allows for accurate and straightforward reporting that is compliant with new lease accounting standards. The price is also affordable for any size company.

Cons
I wish there was more separation between the accounting and property management sides. Right now as an administrator I have to approve any changes made to a lease in the system for accounting controls compliance which makes it unusable for our facilities team. There should be free form fields that aren't linked to the accounting functionality of each lease that can be changed by anyone without having to reapprove the lease.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Mike Shaw

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

Used weekly for 1-2 years
Reviewed 2018-03-20
Review Source: Capterra

Pros
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.

Cons
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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

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Sarah McMillan

LeaseQuery made my job so much easier!

Reviewed 2015-05-31
Review Source: Capterra

Initially, I was skeptical that a system could keep track of our company's leases. Every lease was different and complicated. Some had tenant improvement allowances, others had free months rent, and most were very difficult to understand. George, with LeaseQuery, read all of our leases and put the information into LeaseQuery for NO additional cost. He was available for consulting, was years ahead of our external auditors in terms of lease knowledge and financial reporting, and walked us through his easy-to-use system. George and LeaseQuery saved our company time, money, and resources!

Rating breakdown

Ease of use
Customer support

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