LeaseQuery Features and Functionality
Comply with lease accounting standards and uncover value in your lease portfolio with our unmatched suite of features and functions
Compliance you can trust
Our solution is purpose-built by accountants for lease accounting compliance. Our employees know the standards inside and out – so you can focus on your business:
- ASC 840 ↔ ASC 842
- IAS 17 ↔ IFRS 16
- GASB 62 ↔ GASB 87
Intelligence to run your business
LeaseQuery empowers you to evaluate where your money is going and identify opportunities to cut costs:
- Robust reporting suite with over 100 ways to analyze your leases including cost center, geography, rent commitment, and more
- Critical date reminders to keep your team one step ahead
- Accurate AP reports to validate the authenticity of invoices received
Operational efficiency built into the system
LeaseQuery promotes refined collaboration and streamlined reporting for teams across the organization, facilitating complete and accurate financial statements:
- Central repository with easy document retrieval and lease abstracts quickly available to anyone on the tea
- Journal entries available at the click of a mouse
- Consolidated disclosure and compliance reports available out of the box
Controls to ensure data integrity
Our built-in controls enable you to catch errors before they occur and avoid material misstatements:
- Data entry validation and duplicate prevention
- Audit trail and lease change reporting
- Role-based access, also customizable by subsidiary/location
Security for your data
Keeping our clients’ data safe is a top priority:
- SSL encryption keeps data safe in transit
- Firewall and application security protect data from unauthorized access
- Managed hosting and backup by AWS ensures data is always available
We ensure you comply with ASC 842, IFRS 16, & GASB 87
