Lease Management
Software with LeaseQuery
Track your leased assets, from buildings to equipment, efficiently and accurately
Lease Management Features in LeaseQuery
Cloud-based Lease Repository
Searchable lease database enables you and your team to easily and securely access information about your leases at any time.
Automated Critical Alerts
Avoid late fees and overpayments with proactive alerts for renewals, payment due dates, rent abatements, and more.
AI-assisted Lease Abstraction
Proprietary AI trained on 1000s of leases automatically extracts key dates, clauses, and payment streams from your lease documents.
Streamlined Reporting
Asset-agnostic Lease Tracking
Asset-agnostic system tracks any kind of lease and can grow with you as your needs change.
Unlimited Users
LeaseQuery Features
LeaseQuery simplifies complex accounting for any leased asset and brings all your lease information into
a single, cloud-based subledger that can integrate with any ERP.
CPA-Approved Accounting
- Compliance for ASC 842, IFRS 16, FRS 102, GASB 87, GASB 96 and SFFAS 54.
- SOC 1 Type 2 reports issued bi-annually assessing LeaseQuery’s internal controls over financial reporting.
- More than 40 accountants on staff.
Superior Service
- Daily office hours staffed by certified lease accounting analysts.
- 24/7 access to a frequently updated knowledge base.
- Customer center providing one-stop access to all resources.
- On-demand training webinars.
Compliance Out of the Box
- Journal entries
- Amortization schedules
- All required quantitative disclosures
- Practical expedient application
- Accurate calculations for lease changes
Accounting Intelligence for Complex Scenarios
- Custom calendar
- Embedded lease and lease classification tests
- Multi-currency functionality, including translation and remeasurement
- Dual-standard reporting
- Impairments
- Variable payments
Controls for Data Integrity
- Role-based access
- Audit trail and lease change history
- Data entry validation and duplicate entry prevention
- Locking journal entries
Operational Efficiency
- Critical date reminders
- Central document repository for easy document retrieval
- Read-only auditor access
- Third party integrations with any ERP or GL system
- AI-assisted lease data entry
Robust Reporting
- Over 100 standard reports
- Complex reporting including roll forwards and historical reporting
- Budgeting, forecasting, and AP reports for expense management
- Flexible reporting studio for simple report customization and template creation
- Report scheduling and sharing functionality
Lease Administration
- Automated lease abstracts
- Custom contacts and contact tracking
- Payment, date, and task tracking as well as critical alerts
- Ability to attach documentation to leases
Data Security
- SSL Encryption
- Firewall and application security
- Managed hosting and backup through AWS
One Stop Governmental Solution
- Lessor and Lessee accounting for GASB 87 & SFFAS 54
- GASB 96 compliance module
- Fund accounting
LeaseQuery Features
LeaseQuery simplifies complex accounting for any leased asset and brings all your lease information into
a single, cloud-based subledger that can integrate with any ERP.
CPA-Approved Accounting
- Compliance for ASC 842, IFRS 16, FRS 102, GASB 87, GASB 96 and SFFAS 54.
- SOC 1 Type 2 reports issued bi-annually assessing LeaseQuery’s internal controls over financial reporting.
- More than 40 accountants on staff.
Superior Service
- Daily office hours staffed by certified lease accounting analysts.
- 24/7 access to a frequently updated knowledge base.
- Customer center providing one-stop access to all resources.
- On-demand training webinars.
Compliance Out of the Box
- Journal entries
- Amortization schedules
- All required quantitative disclosures
- Practical expedient application
- Accurate calculations for lease changes
Accounting Intelligence for Complex Scenarios
- Custom calendar
- Embedded lease and lease classification tests
- Multi-currency functionality, including translation and remeasurement
- Dual-standard reporting
- Impairments
- Variable payments
Controls for Data Integrity
- Role-based access
- Audit trail and lease change history
- Data entry validation and duplicate entry prevention
- Locking journal entries
Operational Efficiency
- Critical date reminders
- Central document repository for easy document retrieval
- Read-only auditor access
- Third party integrations with any ERP or GL system
- AI-assisted lease data entry
Robust Reporting
- Over 100 standard reports
- Complex reporting including roll forwards and historical reporting
- Budgeting, forecasting, and AP reports for expense management
- Flexible reporting studio for simple report customization and template creation
- Report scheduling and sharing functionality
Lease Administration
- Automated lease abstracts
- Custom contacts and contact tracking
- Payment, date, and task tracking as well as critical alerts
- Ability to attach documentation to leases
Data Security
- SSL Encryption
- Firewall and application security
- Managed hosting and backup through AWS
One Stop Governmental Solution
- Lessor and Lessee accounting for GASB 87 & SFFAS 54
- GASB 96 compliance module
- Fund accounting
Akshay A, Enterprise Organization
LeaseQuery powered by FinQuery - simplifies Lease Management
Jennifer B, Mid-Market Organization
Easy to use software for lease management and auditing
Loic A, Enterprise Organization
The most effective financial tool for lease management
Samuel B, Mid-Market Organization
Excellent lease management software that it easy to use and manage
David B, Mid-Market Organization
User-Friendly Lease Management
Stacy M, Enterprise Organization
Excellent lease management system with topnotch customer service
Track your leased assets, from buildings to equipment, efficiently and accurately.
It can be difficult to sort important dates, documents, and data using a simple spreadsheet. Software can streamline your lease administration processes and improve your reporting and forecasting capabilities.
What is lease management?
Lease management involves routing a contract to relevant departments, creating a lease abstract, preparing the asset for use, and acquiring it. Software automates those tasks and makes information more accessible.
Who needs software for lease tracking?
Lease managers receive all kinds of requests throughout the day. If you maintain your documents in files on a local server, sorting through that data can be time-consuming. Companies with more than ten leases should consider a software to save time and reduce errors.
Centralize lease documents
The more leases you have, the harder it is to keep up with all the data for each one. A lease software that enables you to upload and store your lease information, as well as perform a quick search to find the information you need, is key.
Track any asset
Even if your business typically leases one type of asset, it’s a good idea to get an asset-agnostic system that can grow with you as your needs change. With flexible lease management software, you don’t have to panic and reevaluate if you switch your business model.
Prevent mistakes with critical date alerts
Missing important dates can cause major business interruptions. A lease management system provides you with automated alerts before those dates arrive to save time, money, and stress.
Improve your reporting
Using software built specifically for leases gives you access to reporting features that make it easy to retrieve lease data. The best lease management software will allow you to generate reports based on square footage, geography, type of lease, or any attribute you choose for accurate reporting.
Streamline communication across departments
With the shift to remote work, completing collaborative tasks can be complicated. Having a cloud-based system to access lease data isn’t just a convenience; it’s a necessity. Lease management software allows stakeholders across the organization to self-serve when they need documents and reports.
“We are able to instantly pull up all of the details on any given lease with only a couple of clicks. 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.”
Missy Whitehill
Operations Manager, Scotland Wright
