LeaseQuery (FinQuery)
CPA-approved cloud lease accounting platform automating amortization schedules, journal entries, and disclosures for ASC 842, IFRS 16, and GASB 87.
Spacebase
Modern lease administration and accounting platform, originally built for Airbnb's real estate team, with AI-powered lease abstraction and ASC 842/IFRS 16 compliance.
Pricing Model
Flat or Tiered Subscription
G2/Capterra Rating
4.7/5
Implementation Timeline
2-4 Weeks
Support Model
Dedicated Implementation/Success Manager
Compliance Standards
ASC 842
IFRS 16
ERP Integrations
NetSuite
Oracle
Workday
AI-Powered Lease Abstraction
Yes
Spacebase: Two AI Assistants, One Data Model
Spacebase runs two distinct AI assistants rather than one general-purpose bot: a Portfolio Dashboard Assistant for plain-English questions across your whole portfolio, and a Lease Data Assistant for digging into individual lease details. Workflows the company says typically take 20 minutes in other tools — adding an expense, reconciling a payment — take about 2 minutes here. Originally built for Airbnb's own real estate team. G2 rates it 4.5/5 from 67 reviews.
Lease Accounting
On the accounting side, Spacebase automates ASC 842/IFRS 16 compliance, keeping journal entries and disclosures synced automatically as real estate changes happen.
Lease Administration
On the administration side, Spacebase centralizes lease terms, critical dates, and documents in one workspace. The same AI assistants let your team ask plain-English portfolio questions — "which leases renew this quarter" — and get instant answers instead of digging through records manually.