App comparison

Add up to 4 apps below to see how they compare. You can also use the "Compare" buttons while browsing.

Visual Lease vs LeaseQuery Comparison

Add to Compare

Compare similar apps

Sage Intacct logo

Sage Intacct

4.2

Re-Leased logo

Re-Leased

4.5

Xero logo

Xero

4.3

CCH Tagetik logo

CCH Tagetik

4.3

Stessa logo

Stessa

4.8

Soft4Lessee logo

Soft4Lessee

5.0

Good recommendations?

Overview

Category Leaders

Visual Lease is a web-based FASB-IASB compliant lease management system with configurable contract clauses, suitable for...

Category Leaders

LeaseQuery is lease accounting software built by accountants for accountants that ensures compliance with ASC 842, IFRS 16,...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Video & Screenshots

No videos yet

Pricing

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

User reviews

4.6

53

5

4

3

2

1

37

14

2

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

4.7

43

5

4

3

2

1

30

12

1

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

Pros

Both of these features were critical to us, and we are very pleased with the performance of the application in these areas. Pre- and post-implementation support was also terrific.
Everyone has been very helpful with any issues I have ran in to. My overall experience has been very good.
Visual lease helps me to stay on top of the key dates in our leases such as expiration dates, rent increases, etc. It also helps save time with our month end accounting.

Pros

LeaseQuery has been a fabulous tool for our company. From the beginning, the LeaseQuery team has provided a quality product and excellent support.
I'm very pleased with how easy it is to use the software and we're happy with the segregation/controls that are in place.
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.

Cons

When it comes to putting dates there is sometimes a different way to put them in. Depending on the country your are working with dates can be misleading.
As a new user without any training, I found the reporting functionalities confusing and less than intuitive.
The product does not support lessor accounting.

Cons

If we resorted to using excel, we would of had many mistakes and errors.
Right now, the approver would have to reject the lease, for the original person to fix and then re-submit.
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.
  • Vendor responds to reviews
  • Last reviewa month ago
  • Vendor responds to reviews
  • Last review6 months ago

Key features

  • Total features46
  • API
  • Access Controls/Permissions
  • Accounting
  • Accounting Integration
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts / Escalation
  • Alerts/Notifications
  • Amortization Schedule
  • Approval Process Control
  • Asset Lifecycle Management
  • Audit Management
  • Audit Trail
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Capitalization Reporting
  • Client Portal
  • Commercial Leases
  • Compliance Management
  • Configurable Workflow
  • Contact Database
  • Contact Management
  • Contract/License Management
  • Critical Date Alerts
  • Currency Conversion
  • Customer Database
  • Customizable Fields
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Document Management
  • Document Storage
  • Electronic Payments
  • Expense Tracking
  • For Equipment Leases
  • For Real Estate
  • Forecasting
  • General Ledger
  • Maintenance Management
  • Multi-Currency
  • Multi-Location
  • Payment Tracking
  • Portfolio Management
  • Property Management
  • Reminders
  • Reporting & Statistics
  • Reporting/Analytics
  • Retail Leases
  • Search/Filter
  • Summary Reports
  • Task Management
  • Tax Management
  • Third Party Integrations
  • Transaction History
  • Total features44
  • API
  • Access Controls/Permissions
  • Accounting
  • Accounting Integration
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts / Escalation
  • Alerts/Notifications
  • Amortization Schedule
  • Approval Process Control
  • Asset Lifecycle Management
  • Audit Management
  • Audit Trail
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Capitalization Reporting
  • Client Portal
  • Commercial Leases
  • Compliance Management
  • Configurable Workflow
  • Contact Database
  • Contact Management
  • Contract/License Management
  • Critical Date Alerts
  • Currency Conversion
  • Customer Database
  • Customizable Fields
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Document Management
  • Document Storage
  • Electronic Payments
  • Expense Tracking
  • For Equipment Leases
  • For Real Estate
  • Forecasting
  • General Ledger
  • Maintenance Management
  • Multi-Currency
  • Multi-Location
  • Payment Tracking
  • Portfolio Management
  • Property Management
  • Reminders
  • Reporting & Statistics
  • Reporting/Analytics
  • Retail Leases
  • Search/Filter
  • Summary Reports
  • Task Management
  • Tax Management
  • Third Party Integrations
  • Transaction History

Integrations

  • Total integrations7
  • Authorize.Net
  • Dropbox Business
  • Gmail
  • Google Analytics 360
  • Google Calendar
  • Google Maps
  • Mailchimp
  • Meta for Business
  • Microsoft Excel
  • Microsoft Outlook
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WordPress
  • Xero
  • Zapier
  • Total integrations4
  • Authorize.Net
  • Dropbox Business
  • Gmail
  • Google Analytics 360
  • Google Calendar
  • Google Maps
  • Mailchimp
  • Meta for Business
  • Microsoft Excel
  • Microsoft Outlook
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WordPress
  • Xero
  • Zapier

User reviews that mention these apps

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

LeaseQuery logo

LeaseQuery

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

Reviewed 4 years ago

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.

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

Share this review:

LeaseQuery logo

LeaseQuery

Great lease accounting tool

Reviewed 2 years ago

LeaseQuery is a great accounting tool that has helped our company in implementation of the new lease accounting standard. The supporting teams are very knowledgeable and quick to response to any question we have encountered.

Pros

LeaseQuery is very user friendly and provides all the necessary functions that needed from lease renewal, lease modification, lease termination and email reminder of lease expiration. It provides good audit trials and easy to use accounting month end Journal entries. Also it provides all the quarterly disclosure reporting.

Cons

Making change on the monthly payment that will require to re-enter all field again.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

LeaseQuery logo

LeaseQuery

Tupelo Honey Cafe Property Lease

Reviewed 6 years ago
Pros

The LeaseQuery staff are very responsive to our requests and changes. The software assists in managing our property leases easy and efficient. The monthly reports help with the preparation of our lease liability roll forward; which drives our monthly journal entries.

Cons

Updating lease information for CAM adjustments seems cumbersome.

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

Share this review:

LeaseQuery logo

LeaseQuery

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

Reviewed 4 years ago

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!

Pros

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!!!

Cons

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.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

LeaseQuery logo

LeaseQuery

Review

Reviewed 2 years ago

Once I enter a lease in LeaseQuery, the data that comes out is very useful.

Pros

Software is pretty easy to use and makes accounting side of if very easy for Journal Entries

Cons

Running different reports can be tough sometimes but once you figure it out, it's no problem

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

LeaseQuery logo

LeaseQuery

Helpful customer service

Reviewed a year ago

With LeaseQuery, lease cash outflows are simple to track via various reports. Lease portfolios can be well managed and any expirations easily tracked. I appreciate the customer service team that continues to make wanted updates to the system whether it is an individual lease issue or wide system change. Over the 2 years our company has been using this system, the experience has been positive and educational.

Pros

Once all the leases were identified and entered into LeaseQuery, the system very easily runs the needed monthly reports. The reporting studio is user friendly and helpful for repeated requests.

Cons

Since our leases were entered before the new standard adoption many changes have been made to the system which makes the older leases a little tricky to update.

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

Share this review:

LeaseQuery logo

LeaseQuery

Amerant Bank loves LeaseQuery!

Reviewed 2 years ago

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.

Pros

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.

Cons

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.

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

Share this review:

LeaseQuery logo

LeaseQuery

LeaseQuery- a must for new lease standard

Reviewed 2 years ago

LeaseQuery has been wonderful to work with during the implementation of the new lease standard. There were some bumps in the road in the beginning, but that is expected with any new software and implementation of a new accounting standard. The staff are very knowledgeable, quick to respond, and easy to work with.

Pros

LeaseQuery is very user friendly and easy to maneuver around in. I currently enter new/modify/update leases, run entries and reports, upload into our GL system, complete account recs and help our other units with their leases, as well as our auditors. The support staff are quick to address any issues. Overall its a great system that does everything you need to implement the new lease standard!

Cons

One feature that I would like to see added would be the ability to correct a mistake you find after you submit the lease for approval. Right now, the approver would have to reject the lease, for the original person to fix and then re-submit.

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

Share this review:

LeaseQuery logo

LeaseQuery

Great Software

Reviewed a year ago
Pros

I like how easy LeaseQuery is to use and how responsive our rep is!

Cons

Lease Query sometimes does not have custom reports premade. But the reports can be made and reps are happy to help.

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

Share this review:

LeaseQuery logo

LeaseQuery

LeaseQuery - a Successful Accounting Tool

Reviewed 2 years ago

- Overall, so far very happy with LQ, especially with Customer Service which has been a very helpful resource any time a question surfaces - big or small

Pros

- Customer Service has been a constant source of help in learning and implementing the software - Loading leases is straightforward, with helpful toggles that make it easy to enter leases with constant payments, leases with payments that vary in a pattern (e.g., subject to steady escalation) and leases with random payments (e.g., office leases with periods of free or reduced rent) - Ability to easily attach lease schedules, memos, analyses, etc. to each lease - Internal control feature that requires independent entry and approval of each leases - Easy web-access with just a few clicks - Automatic operating vs finance lease analysis (if enter all needed data) or override capability

Cons

- Reporting is somewhat clunky (e.g., customized reports once saved cannot be modified to say, add another attribute) and trial &error involved in learning what attributes are contained within LeaseQuery-provided canned reports. (Told reporting enhancements are coming in near future)

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

Share this review:

LeaseQuery logo

LeaseQuery

Great Solution for a Complicated Issue

Reviewed 6 years ago

LeaseQuery has been able to provide an accountant's solution to a complicated process. This software not only creates a one stop shop for all lease documents, contacts, dates and financial information, it also creates efficiencies across other departments such as fixed asset location reporting. The software simplifies lease accounting but all the while provides the complex information that is needed for decision making. The team has provided a great product and he backs it up with great service.

Pros

The ability to store all lease information in one spot that is easily found instead of using a folder system on a hard drive. It allows multiple users to query information on the fly.

Cons

I would like to be able to run a report for a specified date without having to save the report first. Reporting functionality is still evolving and I believe it will keep improving.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

LeaseQuery logo

LeaseQuery

Efficient, helpful, easy to use

Reviewed 4 years ago
Pros

The software has helped ease the tracking of our operation and capital leases. It has also eased the pain of making monthly entries to our ledger.

Cons

There are a few reporting flaws that could be addressed. We have to manually look up items related to base rent and other contractual payments by lease.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

LeaseQuery logo

LeaseQuery

LeaseQuery is great for CPA's of all kinds!

Reviewed 4 years ago

Since our company handles bulk leases on various properties, this software has made it very easy to grasp the situation.

Pros

This software makes accountant's jobs easier when it comes to lease accounting. Since the recent changes in leasee/leasor accounting, this software has been able to help the team understand various aspects of this challenging topic.

Cons

There were very few items to list as "cons" for this software. I suggest a little more user-friendly interfaces. But other than that, nothing to note.

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

Share this review:

LeaseQuery logo

LeaseQuery

Senior Manaer Financial reporting and Compliance

Reviewed 5 years ago

The LeaseQuery software is easy to use and I was able to get up to speed rather quickly. It calculated the impact of the new lease pronouncement so that I could show the CFO and VP of Finance. I have recommended this product to others as I love the cloud-based feature of it as well. It organizes all of your leases in one place.

Pros

Organization of leases, prepare journal entries for monthly close, prepares the impact of the new lease pronouncement for the CFO. Our Big 4 CPA firm recommended a product that organized all of our leases in one place and Leasequery does that.

Cons

We use a slightly different method for amortization on some of our leases but it is not really a con as our property accounting system actually records the amortization for our leases. LeaseQuery uses the life based on the lease which works for many companies.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

Share this review:

LeaseQuery logo

LeaseQuery

LeaseQuery made my job so much easier!

Reviewed 7 years ago

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!

Pros

No pros were added to this review

Cons

No cons were added to this review

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

Share this review:

LeaseQuery logo

LeaseQuery

LeaseQuery Review

Reviewed 2 years ago

Overall I am happy with LQ. The software has automated what was a very time consuming process and was invaluable to the implementation of the new lease standard. The customer service has been very helpful and quick to respond when questions or issues have come up. LQ staff are very knowledgeable and easy to work with.

Pros

LeaseQuery is intuitive an easy to use. It enables us to our leases and supporting documentation all in one place and not in spreadsheets. The software automates our lease calculations and disclosures saving time and reducing the potential for errors.

Cons

There have been a few instances that required a lease to be re-entered to resolve a system issue. We also had an issue with an impairment at year end. In both instances customer service quickly responded and re-entered the leases on our behalf.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

LeaseQuery logo

LeaseQuery

Great Value for your money

Reviewed a year ago

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.

Pros

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...

Cons

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.

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

Share this review:

LeaseQuery logo

LeaseQuery

We're off to a good start with this software.

Reviewed a year ago

We’ve found the system to be intuitive, accurate and generally easy to use, making journal entries and reporting significantly easier than any kind of home-grown, manual process could ever be.

Pros

This software handles the “basic blocking and tackling” of lease accounting well. The amortization schedules, journal entries and account balance reporting make understanding the ASC 842 and IFRS 16 accounting easier too. The recorded sessions were particularly helpful to me as I learned the system – I was able to learn the intricacies of the system at my own pace.

Cons

The system throws unusual error messages occasionally that are not always easy to interpret, but once you’re familiar with them, they become pretty much a non-issue.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

LeaseQuery logo

LeaseQuery

An excellent tracking program with an exteensive Knowledge Base

Reviewed a year ago

Great!

Pros

I believe the knowledge base has been most impactful to myself as a user. It's not just a step by step guide to data entry; it explains the accounting and how the process takes care of the accounting. I also like the payment schedule options. Every lease is a different situation - and LeaseQuery has many options for entering payment schedules.

Cons

I would like to see more information about recommendations for putting together policies and procedures. And maybe some internal controls on functionality. Things our auditors are going to want to know all about.

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

Share this review:

LeaseQuery logo

LeaseQuery

A Game Changer for Lease Management and Accounting!

Reviewed 6 years ago

As a tenant-rep commercial real estate firm, we have found LeaseQuery to be an invaluable asset to our day-to-day operations. When we took on a few new clients, each with between 2-4 dozen leases nationwide, we were presented with the task of reviewing and subsequently managing each of their leases and also for staying aware of upcoming expirations and other important deadlines/dates. Additionally,...

Pros

We are able to instantly pull up all of the details on any given lease with only a couple clicks of the mouse. From basic information like location, size and important dates, to amortization charts and financial/accounting data, the search feature makes it simple to use and gives you immediate results. No more digging through files and endless spreadsheets! We also love the automated email reminders of upcoming important dates, which help ensure no deadlines slip through the crack!

Cons

No cons were added to this review

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

Share this review:

LeaseQuery logo

LeaseQuery

LeaseQuery dramatically impacted our accounting and operations team

Reviewed 7 years ago

As our company expanded to almost 100 locations, it became nearly impossible to track all of the lease accounting correctly for our small accounting team. When we implemented LeaseQuery, we learned that we had overstated expenses and understated our assets. We also realized that a few vendors were charging us the wrong rent amount. This software gave us P&L savings and real dollar savings that was right in front of us. The time and productivity savings cannot even be put into words for a team with such stretched bandwidth like ours.

Pros

No pros were added to this review

Cons

No cons were added to this review

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support

Share this review:

LeaseQuery logo

LeaseQuery

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

Reviewed 4 years ago
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...

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.