Software Alternatives, Accelerators & Startups
Register | Login

LeaseQuery VS Time59

Compare LeaseQuery VS Time59 and see what are their differences

Kechie
Kechie Inventory Management sponsored
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.
Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

LeaseQuery logo LeaseQuery

LeaseQuery is software that helps companies manage their leases and ensures they never overpay rent.

Time59 logo Time59

Time59 was launched in 2006 and is currently in use at over 2500 law firms nationwide.
  • LeaseQuery Landing page
    Landing page //
    2022-12-28
  • Time59 Landing page
    Landing page //
    2023-04-13

LeaseQuery features and specs

  • Compliance
    LeaseQuery assists businesses in maintaining compliance with the latest lease accounting standards like ASC 842, IFRS 16, and GASB 87.
  • Automation
    The platform automates complex lease calculations, reducing the likelihood of human error and saving significant time.
  • Integrations
    LeaseQuery integrates with a variety of ERP systems, enhancing data consistency and simplifying the implementation process.
  • Reporting
    Comprehensive reporting features allow for detailed insights into lease portfolios, providing actionable data for better decision-making.
  • User Friendly
    The interface is intuitive, making it accessible even for users who may not be familiar with complex accounting practices.
  • Customer Support
    The platform provides strong customer support to guide users through setup and ongoing usage, often highlighted positively in reviews.

Possible disadvantages of LeaseQuery

  • Cost
    The pricing can be high, potentially making it less accessible for small businesses or those with limited budgets.
  • Implementation Time
    The initial setup and data migration process can be time-consuming, requiring a significant upfront time investment.
  • Customization
    The software has limited customization options, which might not be ideal for businesses with unique or highly specific needs.
  • Learning Curve
    Despite its user-friendly interface, some users may still experience a steep learning curve, especially those unfamiliar with lease accounting.
  • Feature Limitations
    Some users have reported that certain advanced features they need are either missing or lack the depth they require.

Time59 features and specs

No features have been listed yet.

Analysis of LeaseQuery

Overall verdict

  • LeaseQuery is generally considered a good solution for lease accounting, especially for organizations needing compliance with ASC 842, IFRS 16, and GASB 87. Its specialized focus on lease accounting makes it a strong option for companies with complex leasing portfolios.

Why this product is good

  • Features
    LeaseQuery offers robust features, including lease classification tests, amortization schedules, and comprehensive reporting capabilities.
  • Compliance
    It is specifically designed to help organizations ensure compliance with relevant accounting standards, such as ASC 842, IFRS 16, and GASB 87.
  • Ease of use
    LeaseQuery provides a user-friendly interface that simplifies the complexities of lease accounting.

Recommended for

  • Mid-sized to large enterprises with significant lease portfolios
  • Companies seeking compliance with ASC 842, IFRS 16, or GASB 87
  • Finance teams looking for detailed reporting and analytics in lease accounting

Analysis of Time59

Overall verdict

  • Time59 is a solid, well-regarded time tracking and billing solution specifically designed for solo attorneys and small law firms, offering an affordable and easy-to-use way to manage time, expenses, invoicing, and trust accounting.

Why this product is good

  • Purpose-built for solo and small law practices, with legal-specific features like LEDES billing and trust accounting
  • Affordable flat-rate annual pricing with no per-user fees, making it cost-effective for small firms
  • Simple, intuitive interface that is easy to learn without extensive training
  • Web-based access allows attorneys to track time and bill from anywhere
  • Includes core functions like time tracking, expense tracking, invoicing, and reporting in one package
  • Strong customer support and a long-standing reputation in the legal tech space

Recommended for

  • Solo attorneys who need straightforward time and billing management
  • Small law firms looking for an affordable alternative to complex practice management suites
  • Legal professionals who require trust accounting and LEDES-compliant billing
  • Lawyers who want a simple, no-frills web-based billing tool without a steep learning curve

LeaseQuery videos

+ Add

LeaseQuery Review

More videos:

  • Review - LeaseQuery Lease Accounting Software Testimonials

Time59 videos

+ Add

EIV: Time59

Category Popularity

0-100% (relative to LeaseQuery and Time59)

LeaseQuery

Time59

Lease Administration
100 100%
Lease Administration
0% 0
Legal
0 0%
Legal
100% 100
Property Management
100 100%
Property Management
0% 0
Accounting
75 75%
Accounting
25% 25

User comments

Share your experience with using LeaseQuery and Time59. For example, how are they different and which one is better?
Log in or Post with

Social recommendations and mentions

Based on our record, LeaseQuery seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

LeaseQuery mentions (1)

  • The truth about the new lease standards
    Hopefully ours! https://leasequery.com/. Source: over 4 years ago

Time59 mentions (0)

We have not tracked any mentions of Time59 yet. Tracking of Time59 recommendations started around Apr 2023.

What are some alternatives?

When comparing LeaseQuery and Time59, you can also consider the following products

Visual Lease - Visual Lease is a comprehensive, powerful and easy-to-use lease administration software solution that enables you to easily control and report on your leases and other critical real estate information.

Timeslips - Sage Timeslips employee tracking time software help your business easily track time and billing.

LeaseAccelerator Lease Accounting Software - LeaseAccelerator: #1 lease accounting software for new ASC 842, IFRS 16 & GASB 87 lease standards. Preferred by Big 4 firms & leading lease accounting experts.

TimeSolv - Legal Time Tracking & Billing Software.

ProLease - ProLease helps organizations manage their leased, owned and subleased properties in one integrated system.

CoStar Real Estate Manager - CoStar Real Estate Manager is a real estate management software that allows users to make decisions based on information about entire portfolio.

Loading...