Is LeaseQuery Now FinQuery? What Changed, What It Costs, and What to Do About It

Short answer: yes. LeaseQuery rebranded to FinQuery in February 2024. But the confusing part, and the reason you probably ended up here, is that LeaseQuery did not disappear. FinQuery is now the company and platform brand, while the lease accounting product is still called LeaseQuery powered by FinQuery, and the small-portfolio product is LeaseGuru powered by FinQuery. So if a colleague says they use LeaseQuery, they are using FinQuery, and both names are correct.

This trips people up constantly during vendor evaluations. You search for LeaseQuery reviews and get FinQuery pages. You find a 2023 comparison article that never mentions FinQuery at all. Someone on the finance team insists the company was acquired, which it was not. Here is the straight version, plus the parts that actually matter when you are choosing lease software: what the product does now, what it costs, and where it fits against the alternatives.

What exactly changed in the rebrand?

The company announced the rebrand on February 8, 2024. The stated reason was scope: LeaseQuery, the name, describes lease accounting, and the company had grown well past that into contract management, SaaS and software spend management, debt management, and accruals and prepaids. FinQuery, the new name, is meant to cover contract and spend intelligence broadly rather than just leases.

What did not change: the company was not acquired, it did not merge, and the lease accounting product you may already use kept its name and its data. This was a brand architecture change, not an ownership change. That distinction is worth being clear about, because in the same window the lease software market did see a real acquisition, and people mix the two up. CoStar Group bought Visual Lease in a deal that closed on November 1, 2024. FinQuery is independent. Visual Lease is not.

What is the difference between FinQuery, LeaseQuery, and LeaseGuru?

How much does FinQuery cost?

FinQuery is one of the few vendors in this category that publishes any pricing at all, and it is worth knowing exactly where the line falls. The published numbers are all on LeaseGuru, the small-portfolio product. As of July 2026, LeaseGuru offers a Basic tier that is free forever for up to 2 leases with one contributing user and no credit card required, then a Premium tier at $999 per year for up to 10 leases with two contributing users, and $1,750 per year for up to 15 leases. Multi-company plans run from $750 to $2,750 per year, covering one to five companies at ten leases per company.

LeaseQuery proper, the unlimited-lease product, is quote based. You request pricing and go through a sales conversation, like almost everyone else in this market. Capterra's listing shows a starting figure for LeaseQuery, but that is a directory number rather than a vendor-published price, so treat it as a hint and not a quote.

Compare that to the field and the transparency stands out. Visual Lease publishes nothing. Trullion publishes nothing. Black Owl Systems publishes nothing. Occupier publishes nothing. If you have a small portfolio and an ASC 842 obligation, FinQuery is realistically the only major vendor whose entry-level product you can start using today without talking to a salesperson. That is a genuine advantage and it deserves credit.

Which standards does FinQuery support?

This is where it is strongest relative to competitors. FinQuery covers ASC 842 and IFRS 16, which everyone does, plus GASB 87 and GASB 96 for US state and local government, FRS 102 for UK GAAP, and SFFAS 54 for US federal reporting. That is the broadest standards coverage among the major lease platforms. If you are a government entity, a federal contractor, or a US company with a UK subsidiary, that breadth is often the deciding factor, and it is a real reason FinQuery wins deals that a pure commercial real estate tool cannot.

Does FinQuery do AI lease abstraction?

Yes, with a caveat worth understanding. FinQuery announced AI abstraction capability back in October 2022, when it was still LeaseQuery. The current framing is AI-assisted lease entry: the AI reads an uploaded lease, surfaces the key accounting fields as suggestions, and you approve them, with bulk upload available to speed up onboarding.

That is a data-capture assist built to populate the accounting subledger, not a full commercial real estate abstract. It gets the fields the accounting engine needs, the term, the payments, the escalations, the options that affect the lease term. It is not designed to give you clause-level summaries of co-tenancy, exclusive use, assignment restrictions, or CAM exclusion lists, which are the things a lease administrator or an asset manager actually needs to read. If your job is the close, that is fine. If your job is knowing what is in your leases, it is a gap. We break down why these two jobs keep getting conflated in lease abstraction software vs lease accounting software.

What do users actually complain about?

FinQuery rates well, around 4.7 out of 5 across roughly 106 Capterra reviews as of July 2026, and the support scores are consistently high. The criticisms are consistent enough to plan around:

• Report customization is clunky. The prebuilt reports are plentiful, but reviewers say consolidated accounting often needs downstream work in Excel, and several want bulk download of amortization tables across leases.
• The interface feels dated. Not broken, just older-feeling than newer competitors.
• There is a learning curve for non-accountants. The product was designed by accountants, and it shows. Real estate teams tend to find it less intuitive than accounting teams do.
• API access is restricted. The company limits endpoints, which reviewers say forces manual work for teams that wanted deeper automation. If you were planning to pipe data in and out programmatically, ask hard questions before you sign.
• Performance slows during peak reporting periods, which is precisely when you need it.

Should you buy FinQuery?

Buy it if your primary driver is compliance and the close, and especially if you report under GASB, FRS 102, or SFFAS 54, where its coverage is genuinely hard to match. Buy LeaseGuru if you have a small portfolio and want to solve ASC 842 for a four-figure annual cost, or free at two leases, without a procurement cycle. That is a legitimately good deal in a market that mostly refuses to name a price.

Look elsewhere, or look additionally, if your problem is not the close. If your real estate team cannot answer what is in the leases, if you are doing acquisition diligence, or if you are sitting on a folder of PDFs that has to become clean data before any platform can use it, an accounting subledger is the wrong tool for that step. We compare it directly against the leading real-estate-side platform in Visual Lease vs FinQuery, and if FinQuery is already on your shortlist, our LeaseQuery alternative page lays out the rest of the field honestly.

The step that comes before any platform

Whichever way you go, notice what every one of these platforms assumes on day one: that you can hand them your lease terms. The AI-assisted entry helps, but it is scoped to their database and their fields, and it only starts once you have bought the thing. That is why the sequence that works is abstraction first, platform second. Get the terms out of the documents, verify each field against its source page, then load verified data into whichever engine you pick. Teams that skip that step and let the vendor key the leases in during implementation are the teams whose go-live slips a quarter.

It is also just a cheaper way to evaluate. Abstract three of your hardest leases, the ones with multiple amendments, a cumulative CAM cap, and an option whose notice window is buried in an exhibit, and walk into every demo already knowing what the correct answer looks like. You will find out very quickly which vendor's AI is doing real work. You can abstract a commercial lease free here in a couple of minutes, and if your bookkeeping runs on QuickBooks, the same principle applies to the ledger side, where you can bring transactions into the books as a QBO file rather than typing them. Clean inputs, then the system. Not the other way around.