LeaseQuery vs FinQuery: The Same Company Explained

They are the same company

Let us settle the core question first, because it is the reason most people land here. LeaseQuery and FinQuery are not two competing products you have to choose between. LeaseQuery is the original company and product name, and on February 8, 2024 the company rebranded itself to FinQuery. The rebrand was not a fresh start or a merger. It signaled that the business had grown beyond lease accounting into a wider platform for contract and spend intelligence, covering the things companies lease, owe, use, and subscribe to. So when you see FinQuery, think parent brand. When you see LeaseQuery, think the lease accounting product that put them on the map.

Why both names are still everywhere

The confusion is understandable, because FinQuery kept the LeaseQuery name alive on purpose. The flagship lease accounting product is branded LeaseQuery powered by FinQuery, and the small-portfolio product is LeaseGuru powered by FinQuery. Thousands of accounting teams have used LeaseQuery for years, G2 has ranked it the number one lease accounting software for roughly twenty consecutive quarters, and none of that recognition disappears just because the parent company changed its name. So both terms keep getting searched, review sites list the product under LeaseQuery, and the vendor answers to both. If a colleague says they run LeaseQuery, they run FinQuery. There is nothing to reconcile.

What the rebrand actually added

The substance behind the name change is that FinQuery is now a suite rather than a single tool. Alongside lease accounting it offers accrual and prepaid accounting that automates amortization schedules and roll-forwards, debt management with covenant tracking, financial contract management as an AI-enabled central repository, and software spend management that came out of its 2023 StackShine acquisition. FinQuery describes the whole thing as an intelligent subledger. For a buyer, the practical takeaway is that if you only need lease accounting, you are buying one module of a larger platform, and you should scope the demo to the lease product rather than the suite so you are comparing like with like against a focused competitor.

Which lease product do you need, LeaseQuery or LeaseGuru?

This is the more useful decision than LeaseQuery versus FinQuery, because they are two real products with different pricing. LeaseGuru powered by FinQuery is built for small portfolios, up to 15 leases, and it covers ASC 842 and IFRS 16. It is the one with published pricing: a free forever tier for up to 2 leases with one contributing user and no credit card, then $999 per year for up to 10 leases and $1,750 per year for up to 15, with multi-company plans from $750 to $2,750 per year. LeaseQuery, the enterprise product, handles unlimited leases and users, adds GASB 87 and 96, FRS 102, and SFFAS 54, and is quote-based. So the rule of thumb is simple: a handful of leases and a basic ASC 842 obligation points to LeaseGuru, while a large or complex portfolio, government reporting, or federal reporting points to LeaseQuery. Reviewers rate the product highly overall, 4.5 out of 5 across roughly 474 G2 reviews and 4.7 across about 106 on Capterra, with the recurring criticisms being that report customization is clunky, the interface feels dated, and API access is deliberately restricted. If those matter to you, our LeaseQuery alternative page covers the wider field.

FinQuery is a system of record, not an abstraction service

Here is the thing that catches buyers who only need their documents read. FinQuery does offer AI, but it is framed as AI-assisted lease entry: the software reads an uploaded lease and surfaces the key accounting fields as suggestions you approve, and that data lands in the FinQuery subledger. It is a data-capture assist tied to its own platform, not a portable abstract you can take somewhere else. That is exactly what you want if you are committing to FinQuery for the close. It is the wrong shape in three common situations: you are doing acquisition diligence and need abstracts before you own anything, you are evaluating platforms and want to compare their output against your own reading of the lease, or you already run a different system of record, Yardi or MRI or NetSuite, and you just need the documents turned into clean data you can import. We explain why the categories keep getting confused in lease abstraction vs lease accounting software.

Where LeaseAbstractors fits

LeaseAbstractors does exactly one job: it turns lease documents into structured, verified data you own. Upload a PDF or a scan, and the AI reads the full document set including amendments and exhibits, then returns a review-ready abstract in minutes with every value linked back to its source page. You can test it on your own lease right now, free, with no demo, and the output is yours to export rather than data locked inside an accounting subledger. It exports clean Excel, CSV, and JSON and offers an API, so the abstracts load into LeaseQuery, LeaseGuru, Yardi, MRI, or NetSuite without anyone re-keying them. The honest trade-off: we are not a lease accounting engine. We do not book journal entries or produce your disclosures. If you have a financial statement to sign, you still want a lease accounting product like LeaseQuery underneath. What we replace is the slow, expensive step of getting the terms out of the documents. See the full lease abstraction software overview, the best lease abstraction software roundup, or our Visual Lease vs FinQuery comparison for how FinQuery stacks up against its biggest rival.

The bottom line

There is no LeaseQuery versus FinQuery decision to make, because they are the same company: LeaseQuery became FinQuery in 2024, and LeaseQuery lives on as the lease accounting product inside the FinQuery platform. The decisions that are real are which FinQuery lease product fits your portfolio size and standards, and whether you need a lease accounting subledger at all or just clean data out of your documents. If it is the data you are after, abstract your leases first, verify them, then load them into whichever system you choose. If you are weighing an outside abstraction service against software, our breakdown of lease abstraction services vs software covers cost per lease, turnaround, and who keeps control of your documents.