Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
FinQuery (formerly LeaseQuery) simplifies complex accounting operations by automating the flow of financial data from source documents to subledger. The platform unifies lease accounting, contract management, and prepaid and accrual accounting within a single, audit-ready system—cutting manual work by up to 80%. Designed to ensure compliance with FRS 102, ASC 842, IFRS 16, and related standards, FinQuery enables users to generate amortization schedules, journal entries, and disclosure reports in minutes. Its centralized document repository and automated abstraction tools eliminate errors while giving teams full visibility across leases, contracts, and prepaid expenses. With deep ERP integrations, real-time data validation, and AI-powered automation, FinQuery helps finance leaders accelerate close cycles and improve reporting accuracy. The platform’s managed services also allow organizations to outsource data entry, validation, and maintenance for additional flexibility. Backed by industry-leading support and a 99% customer satisfaction rate, FinQuery combines reliability, scalability, and ease of use. It’s the modern foundation for accountants seeking clarity, compliance, and control across all financial operations.
Description
Across Europe, leasing has become a prominent topic as the direct acquisition of production facilities is increasingly uncertain. Approximately 1,400 leasing firms provide nearly 250 billion euros in annual financing. However, these leasing agreements can be intricate, often resulting in unexpected expenses and necessitating financial reporting adjustments that may impose significant limitations. Progefi offers an effective solution that simplifies the management of financial leasing contracts, ensuring that you have precise information at your fingertips. This platform allows for the generation of daily reports and the straightforward restatement of comparative data in compliance with IFRS 16. Key details such as payment amounts, interest rates, original values, terms to maturity, financing fees, effective rates, and total costs are all easily managed, making Progefi an invaluable tool for financial oversight. By utilizing this service, businesses can navigate the complexities of leasing with confidence and clarity.
API Access
Has API
No
API Access
Has API
No
Integrations
JD Edwards EnterpriseOne
No
Sage Intacct
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
FinQuery
Founded
2001
Country
United States
Website
finquery.com
Vendor Details
Company Name
Finance Active
Founded
2000
Country
France
Website
financeactive.com/financial-risk-management/leasing-management/progefi-16/
Product Features
Lease Accounting
Amortization Schedule
Yes
Asset Management
Yes
Billing & Invoicing
No
Budgeting & Forecasting
Yes
Capitalization Reporting
Yes
Critical Date Alerts
Yes
Expense Tracking
Yes
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
Yes
Portfolio Management
Yes
Tax Management
No
Lease Management
Billing & Invoicing
No
Commercial Leases
Yes
Contact Management
Yes
Landlord Database
Yes
Lease Classification
Yes
Portfolio Management
Yes
Property Management
Yes
Residential Leases
Yes
Retail Leases
Yes
Sublease Management
Yes
Tenant Database
Yes
Real Estate Accounting
Accounts Payable
No
Accounts Receivable
No
Bank Reconciliation
Yes
Commission Management
Yes
Contract Management
Yes
General Ledger
Yes
Mobile Access
Yes
Payroll
No
Property Development Management
Yes
Reporting / Analytics
Yes
Work Order Management
No
Product Features
Lease Management
Billing & Invoicing
No
Commercial Leases
No
Contact Management
No
Landlord Database
No
Lease Classification
No
Portfolio Management
No
Property Management
No
Residential Leases
No
Retail Leases
No
Sublease Management
No
Tenant Database
No