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LeaseQuery Reviews and Ratings

Rating: 8.8 out of 10
Score
8.8 out of 10

Community insights

TrustRadius Insights for LeaseQuery are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Recommendations

LeaseQuery has been a great solution for many users' companies, from monthly activity to annual reports to customer service.

Users recommend talking to LeaseQuery representatives as they are knowledgeable and will assist with the transition to ASC842.

LeaseQuery is easy to use for lease accounting, and users appreciate the quick and helpful support from the customer service representative.

Users advise performing manual re-calculations for material leases and not blindly trusting the software.

LeaseQuery is an affordable and easy-to-use option for adopting ASC842, according to users.

LeaseQuery is efficient in tracking leases/contracts and provides a dashboard to show new leases and required actions.

From an admin level, LeaseQuery is easy to use, and users appreciate the updates under their name.

For companies with a relatively sizeable amount of lease payments, LeaseQuery helps condense the work and serves as a storage location for related documents or invoices.

During implementation, users suggest being clear with all specifications such as fiscal year ending, types of leases, foreign currency uploads, and incremental borrowing rate uploads.

Users appreciate the helpful customer service provided by LeaseQuery after gaining control over software updates.

Users suggest adding LeaseQuery to the list of lease accounting software options to review.

To enhance lease accounting capabilities, users recommend engaging in business with LeaseQuery.

Users advise setting up the system properly during implementation for an easy experience thereafter.

According to users, LeaseQuery is considered the most user-friendly software with the best employees compared to other options.

LeaseQuery is fast and easy to implement, learn, and use, according to users. It also offers excellent support.

Users find LeaseQuery great for multiple users entering and utilizing lease data, including international locations.

Users recommend asking the customer manager upfront to make the implementation process smoother.

Before uploading, users advise understanding the calculations and ensuring that the upload is 100% correct considering all implications.

To avoid dealing with deferred rent and prepaid balances, users suggest putting the possession date of 1/1/2019 for first-time adoption and public entities.

Users recommend making the switch to LeaseQuery for a smooth month-end process for lease accounting.

Users suggest meeting with LeaseQuery associates and reading their contributions to lease standard interpretation in publications.

Highly recommending LeaseQuery, users find it helpful in implementation, compliant with new lease accounting rules, and with great support.

According to users, LeaseQuery offers the best product for the price.

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