fitgap

LeaseGuru powered by FinQuery

Features
Ease of use
Ease of management
Quality of support
Affordability
Market presence
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Pricing from
$750 per year
Free Trial unavailable
Free version
User corporate size
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User industry
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What is LeaseGuru powered by FinQuery

LeaseGuru powered by FinQuery is lease accounting software used to manage lease data and support compliance with lease accounting standards such as ASC 842 and IFRS 16. It is used by accounting and finance teams to centralize lease contracts, calculate lease schedules, and produce accounting outputs and disclosures. The product focuses on lease accounting workflows rather than broader real estate portfolio, facilities, or property management operations.

pros

Standards-focused lease accounting

The product is designed around lease accounting requirements, including maintaining key lease terms, generating amortization schedules, and supporting reporting for ASC 842 and IFRS 16. This makes it well-suited for organizations that need repeatable accounting treatment across many leases. Compared with broader real estate platforms, it is more directly aligned to accounting compliance workflows. It also supports audit-oriented documentation and traceability through centralized lease records.

Centralized lease data repository

LeaseGuru consolidates lease contracts and critical data elements into a single system of record for accounting use. Centralization helps reduce reliance on spreadsheets and manual version control across departments. It supports consistent application of assumptions and policy choices across the lease population. This can simplify month-end close activities related to leases.

Accounting outputs and reporting

The product produces accounting-oriented outputs such as journal entry support, rollforwards, and disclosure-ready reporting. These outputs help finance teams reconcile lease balances and prepare period-end reporting packages. In the lease accounting category, this is a core capability that differentiates it from tools focused primarily on real estate administration. Reporting is structured around accounting needs rather than operational property metrics.

cons

Limited real estate operations scope

Despite being relevant to real estate lease administration, the product is primarily built for accounting compliance rather than end-to-end real estate management. Organizations needing facilities management, space planning, maintenance workflows, or broader real estate portfolio operations may require additional systems. This can create integration and process handoff requirements between accounting and real estate teams. It may not replace enterprise real estate and facilities suites.

Implementation depends on data quality

Successful deployment typically requires complete and accurate lease abstracts, including payment schedules, options, and key clauses. If lease data is fragmented across PDFs, spreadsheets, and legacy tools, initial setup can be time-consuming. Ongoing accuracy also depends on disciplined change management for modifications, renewals, and remeasurements. These challenges are common in lease accounting implementations and can affect time-to-value.

Integration requirements for ERP close

Finance teams often need lease accounting systems to integrate with ERP general ledger and close processes. If integrations are not available out of the box for a given ERP or chart-of-accounts structure, organizations may rely on file-based imports/exports or custom work. This can add operational overhead and increase reconciliation effort. Integration needs can be more complex in multi-entity or multi-currency environments.

Plan & Pricing

Single Company (official LeaseGuru page on FinQuery - contains duplicate/conflicting entries)

Version A (block on page):

Plan Price Key features & notes
Basic Free (2 leases) — always Up to 2 leases; 1 contributing user; guest user; view/export journal entries & amortization schedules; GAAP/IFRS/GASB support.
Premium (10 leases) $1,099 per year 10 leases; 2 contributing users; export capabilities; disclosure reports; lessee-only in this block.
Premium (15 leases) $1,925 per year 15 leases; 2 contributing users; export & disclosure features.
LeaseQuery (upgrade) Request pricing Unlimited leases / enterprise upgrade; contact sales.

Version B (same official page shows alternate numbers):

Plan Price Key features & notes
Basic Free (2 leases) — always Same as above.
Premium (10 leases) $999 per year 10 leases; 2 contributing users; export & disclosure reporting.
Premium (15 leases) $1,750 per year 15 leases; 2 contributing users; export & disclosure reporting.

Note: The official FinQuery/LeaseGuru page displays both Version A and Version B blocks for single-company pricing with different numeric prices (e.g., $1,099 vs $999; $1,925 vs $1,750). These conflicting entries appear on the vendor site and were copied as shown; I did not reconcile or alter them.

Multi-Company (official LeaseGuru page on FinQuery - contains duplicate/conflicting entries)

Version A (block on page):

Plan Price Key features & notes
Limited (1 company) Free — always 1 company, 2 leases per company; 1 CPA admin user; guest user; view/export schedules & journal entries.
Premium (1 company) $850 per year 1 company; up to 10 leases; 1 CPA admin user.
Premium (2 companies) $1,100 per year 2 companies; up to 10 leases per company; 1 CPA admin user each.
Premium (3 companies) $1,925 per year 3 companies; feature set as above.
Premium (4 companies) $2,350 per year 4 companies.
Premium (5 companies) $2,750 per year 5 companies.
LeaseQuery (upgrade) Request pricing Unlimited companies / enterprise upgrade.

Version B (alternate numbers shown elsewhere on the same page):

Plan Price Key features & notes
Limited (1 company) Free — always Same as above.
Premium (1 company) $750 per year 1 company; 10 leases; 1 CPA admin user.
Premium (2 companies) $1,000 per year 2 companies; 10 leases per company.
Premium (3 companies) $1,750 per year 3 companies; 10 leases per company.
LeaseQuery (upgrade) Request pricing Unlimited companies.

Notes & caveats:

  • All pricing and plan names above were taken directly from the vendor's official LeaseGuru pages hosted on FinQuery (finquery.com/leaseguru). The page contains duplicated pricing blocks with inconsistent numeric values (multiple price versions on the same official page). I have presented both sets exactly as shown.
  • No time-limited free trial is listed on the official page; however, a permanently free tier is advertised.
  • Enterprise / unlimited options require contacting the vendor for pricing ("Request pricing").

Seller details

FinQuery
Atlanta, Georgia, USA
2018
Private
https://finquery.com/
https://x.com/finquery
https://www.linkedin.com/company/finquery/

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