Compare LeaseQuery vs Visual Lease

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• Simplifies lease accounting processes, including compliance with new standards like ASC 842 and IFRS 16, reducing manual effort.

• User-friendly interface that is intuitive and visually appealing, making it accessible even for those with minimal technical expertise.

• Centralized repository for lease documents and data, allowing easy access and organization of information across multiple locations and leases.

• Customizable reporting options provide tailored solutions, helping users streamline audits, financial statement preparation, and decision-making processes.

• Alerts and reminders for critical dates enhance lease management and ensure timely actions for renewals and decisions.

• Reporting features, though functional, are described as difficult to fully customize or format, creating barriers for advanced reporting needs.

• Occasional technical glitches or bugs disrupt workflow, affecting user experience during high-load scenarios.

• Some advanced features, such as abstraction or ad hoc reporting, may require a steep learning curve, especially for new users.