Simply put, we're the best at Lease Accounting Software
LeaseQuery was built by supply chain analysts AND accountants. The Principals at LeaseQuery worked in financial reporting, real estate and equipment departments at Fortune 500 companies and for smaller closely-held businesses after working as internal and external auditors for prominent, PCAOB-registered public accounting firms.
We had three main problems:
1) Frustration with managing our leases on excel spreadsheets
2) Missing critical dates
3) Difficulty accounting for leases
We started looking for solutions, and our search became more frantic as we heard about the recently released FASB lease accounting rules. We quickly realized that there were no simple and affordable solutions available in the marketplace because most lease accounting software providers unsuccessfully attempted to solve every problem (real and imagined) with complicated tools. This results in a complex and difficult-to-manage system, leading to greater confusion and frustration. LeaseQuery is a lease management software that simplifies accounting for leases, handles both real estate and equipment, and complies with FASB lease accounting rules.