LeaseQuery (FinQuery)
CPA-approved cloud lease accounting platform automating amortization schedules, journal entries, and disclosures for ASC 842, IFRS 16, and GASB 87.
Accountant-built cloud lease accounting software with transparent pricing, multi-entity support, and foreign currency handling, headquartered in Canada.
Cradle's pitch starts with something rare in enterprise software: fully transparent, published pricing tiers with no sales calls required — you can see exact costs and sign up directly. It's also now owned by Prophix, a larger financial performance management company, which may bring more resources without (so far, per reviews) changing the hands-on support experience customers consistently praise. G2 rates it 4.9/5 from 45 reviews — the highest verified rating in this entire comparison so far. Trusted by Mayne Pharma and Wagners. Cradle is headquartered in Canada, worth flagging if pure US-based vendor sourcing matters to your team.
On the accounting side, Cradle automates ASC 842/IFRS 16/GASB compliance with net present value calculations, journal entries, and disclosures — with daily-level calculation granularity that lets you run financial reports for any date range, not just standard month/quarter-end.
On the administration side, Cradle centralizes lease records and tracks modifications, foreign currency conversions, and portfolio events. Administration mirrors your actual corporate structure — you can assign a superuser to manage a specific subsidiary's lease portfolio independently, useful for multinational organizations with decentralized teams.
CPA-approved cloud lease accounting platform automating amortization schedules, journal entries, and disclosures for ASC 842, IFRS 16, and GASB 87.