LeaseQuery is much improved and ended up being the right choice
Use Cases and Deployment Scope
Implemented ASC 842 and track our 100+ leases. We had too many leases to manually track so we needed a tool. We have many intercompany leases and different reporting structures that LeaseQuery has the tools to help with.
Pros
- Opening Journal Entries for implementation
- Putting out reports once the leases are in the software
Cons
- Approval structure
- Submitting changes to draft leases and submitted leases
Likelihood to Recommend
There were a lot of growing pains with inputting the leases. Their new interface is much better and has solved alot of these issues.
