LeaseQuery Strengths, Domain Expertise, and Key Differentiators
LeaseQuery empowers accountants and finance professionals to eradicate lease accounting errors using its CPA-approved software and implementation process. Offering not only a robust software solution but also specialized consulting services, LeaseQuery allows companies in diverse sectors to achieve compliance with the most extensive regulatory reform in four decades. As the pioneering lease accounting software designed by accountants for accountants, LeaseQuery ensures precision and efficiency in lease accounting processes.
LeaseQuery Recent Developments
In May 2023, LeaseQuery named Justin Smith as Chief Financial Officer. Justin brings with him nearly two decades of senior leadership experience and will be responsible for LeaseQuery’s financial strategy and operations.
In February 2021, LeaseQuery launched its LeaseManager solution. LeaseManager, is able to house an unlimited number of leases free-of-charge, is a self-service lease management solution for tenants and lessees. As companies and organizations across every sector reconsider their leasing needs given the global pandemic, this new solution from LeaseQuery can help optimize the lease portfolio.
In January 2020, LeaseQuery revealed LeaseGuru, a cloud-based lease accounting solution for small business. This highly anticipated platform has been thoroughly vetted by LeaseQuery’s trained accountants for accuracy and compliance. Powered by the robust features of the LeaseQuery solution, LeaseGuru enables businesses with smaller lease portfolios to accurately and cost-effectively run disclosure reports for ASC 842 and IFRS 16 and make changes to leases at any stage."
LeaseQuery Mergers and Acquisitions (M&A) Activities
In August 2023, LeaseQuery successfully completed the acquisition of Stackshine, a SaaS spend management platform specifically crafted to assist companies in monitoring and enhancing their software expenditure and utilization. This strategic move marks a significant expansion for LeaseQuery and addresses the growing importance of SaaS operations and spend management, addressing a pressing challenge for both IT and Finance departments within organizations.
LeaseQuery Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying LeaseQuery applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of LeaseQuery and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified LeaseQuery, LeaseGuru,LeaseQuery Essential, LeaseQuery for NetSuite customers.
LeaseQuery Overview
3 Ravinia Drive NE Suite P7
Atlanta, GA, 30346, United States
1 800-880-7270
https://www.leasequery.com/
Ownership: - x
Number of Employees: 438
Functional Markets: ERP Financial, ERP Services and Operations,
Key Verticals: Banking and Financial Services, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
LeaseQuery Key Enterprise and Cloud Applications
LeaseQuery, LeaseGuru,LeaseQuery Essential, LeaseQuery for NetSuite
LeaseQuery Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
LeaseQuery Revenue Breakdown By Type, $M:
LeaseQuery Enterprise Applications Revenues By Functional Markets, $M:
LeaseQuery Enterprise Applications Revenues By Verticals, $M:
LeaseQuery Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
LeaseQuery Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
LeaseQuery Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified LeaseQuery Customers
No. of LeaseQuery Customers: 3500
No. of LeaseQuery Enterprise Applications Customers: 3500
No. of LeaseQuery Cloud Customers: 2000
No. of LeaseQuery Cloud Subscribers: x
In 2022, LeaseQuery celebrated a noteworthy milestone, surpassing 3,500 customers, showcasing substantial hyper-growth in various key aspects over the past year. This achievement also reflects an impressive 75% increase in customer base since 2021.
LeaseQuery has experienced substantial growth in its client base, expanding from 500 companies at the close of 2018 to nearly 1,000 in the year 2020. Some notable clients include Floor & Decor, Burns & McDonnell, PT Solutions, Tupelo Honey Hospitality Corporation, Scotland Wright, Community Bank N.A., Goosehead Insurance, BlueLinx, Johnson Outdoors, Rouff Home Mortgage, Cologix, RaceTrac, and various other.
LeaseQuery Market Opportunities, M&A and Geo Expansions
In October 2022, LeaseQuery launched the addition of new AI capabilities to enable lease abstraction and lease entry. Combining accounting technology with the power of artificial intelligence will allow LeaseQuery to initially automate key parts of its implementation process, offering customers a seamless onboarding experience. LeaseQuery remains committed to efficiently guiding customers through complex accounting processes. Adding AI-powered lease abstraction and data entry workflows to the onboarding process will provide even more value to customers.
LeaseQuery Risks and Challenges
Assessing lease accounting software represents uncharted terrain for prospective LeaseQuery clients. In a market replete with numerous vendors, the margin for error is nonexistent. The receipt of an unqualified System and Organization Controls (SOC) report from a distinguished Big Four firm affords LeaseQuery the capability to furnish clients with the assurance that their software functions precisely as pledged.
LeaseQuery Ecosystem, Partners, Resellers and SI
LeaseQuery’s channel team has recently experienced tremendous growth, with 79 new partners in 2022 and 480+ new customers signed through partners in the last year. A portion of this growth can be attributed to launching its partner portal, as well as hosting virtual and in-person LEASE summits alongside its partners. LeaseQuery’s new dedicated support team for channel partners delivers a seamless experience for both its partners and joint customers.
LeaseQuery are technology partners with Sage, Microsoft, Infor, Fiserv, and Acumatica. They are also in partnership with RSM International, LSL CPAs, RGP, Armanino, Eide Bailluy, MGO - Realty Advisors, Riveron, Connor Group, P&N, Aprio, CFGI, DHG, LBMC, bakertillu, FP fidato partners, Arazzo Solutions, Bennett Thrasher, Leasology.
LeaseQuery Cloud Infrastructure Insights
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- LeaseQuery Public Cloud and Infrastructure (IaaS)
- LeaseQuery Platform (PaaS)
- LeaseQuery Application Delivery
- LeaseQuery Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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