fitgap

LeaseQuery powered by FinQuery

Features
Ease of use
Ease of management
Quality of support
Affordability
Market presence
Take the quiz to check if LeaseQuery powered by FinQuery and its alternatives fit your requirements.
Pricing from
$250 per lease
Free Trial unavailable
Free version unavailable
User corporate size
Small
Medium
Large
User industry
  1. Professional services (engineering, legal, consulting, etc.)
  2. Banking and insurance
  3. Healthcare and life sciences

What is LeaseQuery powered by FinQuery

LeaseQuery powered by FinQuery is a cloud-based lease accounting and lease management platform designed to help organizations centralize lease data and produce accounting outputs for lease standards such as ASC 842 and IFRS 16. It is used by accounting and finance teams to manage lease portfolios, calculate right-of-use assets and lease liabilities, and support period-close reporting and disclosures. The product focuses on accounting compliance workflows and integrations to ERP/accounting systems, rather than full property management operations.

pros

Purpose-built for lease accounting

The system is designed around lease accounting requirements, including calculations and reporting aligned to ASC 842 and IFRS 16. It supports maintaining a structured lease repository that feeds accounting schedules and journal entry outputs. This focus can be a better fit for finance-led implementations than broader real estate or facilities platforms where lease accounting is one module among many.

Centralized lease data repository

LeaseQuery provides a single place to store key lease terms, amendments, and supporting documents, which helps standardize data used for accounting and reporting. Centralization can reduce spreadsheet-based processes and improve audit readiness by keeping assumptions and source information together. The repository approach is commonly required for organizations managing multi-entity or multi-location lease portfolios.

Integration and close support workflows

The product is commonly implemented with integrations or export mechanisms to general ledger and ERP environments to support recurring close activities. It provides reporting outputs used for reconciliations, rollforwards, and disclosure support. These capabilities align with lease-accounting-centric tools that prioritize period-close efficiency over end-to-end property operations.

cons

Not a full property manager

LeaseQuery is primarily oriented to lease accounting and lease data management rather than rent collection, resident/tenant operations, or end-to-end property management. Organizations needing operational property management capabilities may require additional systems. This can increase integration and process coordination needs across finance and real estate teams.

Real estate portfolio depth varies

Compared with broader real estate and facilities management suites, functionality for space management, facilities workflows, and complex real estate portfolio operations may be limited or require complementary tools. Real estate teams that need advanced portfolio planning or facilities-centric processes may find the scope more accounting-led. Fit depends on whether the organization’s primary driver is compliance reporting versus operational real estate management.

Implementation depends on data quality

Successful adoption requires complete and accurate lease abstracts, including historical changes, payment schedules, and embedded lease components where applicable. Data cleanup and validation can be time-consuming, especially for decentralized lease portfolios. Ongoing governance is typically needed to keep amendments and renewals captured in a timely manner for accurate accounting outputs.

Plan & Pricing

Plan Price Key features & notes
LeaseQuery Essential Request pricing (contact sales) Right-sized for organizations with up to 25 leases; CPA-approved journal entries, amortization schedules & disclosures; demo available.
LeaseQuery Advanced Request pricing (contact sales) Enterprise-grade/advanced product for larger portfolios (unlimited leases); SOC 1 Type 2 available for Advanced.
LeaseQuery (CPA / Multi-Company offering) Starts at $750 per year CPA-focused multi-company solution (up to 5 clients / 10 leases per client in some plans); stated "starts at $750/year" on official site.
LeaseGuru — Single Company Basic (2 leases) Free (always) Self-service plan for very small portfolios; up to 2 leases.
LeaseGuru — Single Company Premium (10 leases) $1,099 per year 10 leases; export journal entries & amortization schedules; GAAP/IFRS/GASB support.
LeaseGuru — Single Company Premium (15 leases) $1,925 per year 15 leases; larger single-company tier.
LeaseGuru — Multi-Company Limited (1 company) Free (always) 1 company, 2 leases; basic read-only/guest access.
LeaseGuru — Multi-Company Premium (1 company) $850 annually 1 company premium multi-company offering (additional multi-company tiers shown on site).
Lease Entry Services (professional services) $250 per lease (0–25 leases band) Data abstraction / lease entry by FinQuery professional services; volume pricing tiers: $250 (0–25), $200 (26–50), $150 (51–75), custom for >75.

Seller details

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

Tools by FinQuery

LeaseQuery powered by FinQuery
LeaseGuru powered by FinQuery

Best LeaseQuery powered by FinQuery alternatives

IBM Maximo Real Estate and Facilities (formerly IBM TRIRIGA)
LeaseAccelerator
CoStar Real Estate Manager
Crunchafi Lease Accounting (formerly LeaseCrunch)
See all alternatives

Popular categories

All categories