ATLANTA–(BUSINESS WIRE)–LeaseQuery, a leading provider of software designed to simplify the complexities of accounting, today announced that its annual recurring new bookings have increased by 100% compared to the same period last year. As one of the only accounting technology providers to employ nearly 40 accountants, LeaseQuery now serves more than 2,300 customers worldwide.
As Lease Accounting Compliance Deadlines Pass, LeaseQuery’s Unparalleled In-house Accounting Expertise and Dedication to Product Innovation Continue to Meet Industry Demand for Technology That Goes Beyond Regulations mandatory.
Along with its tremendous growth, LeaseQuery achieved a number of major milestones throughout the first half of 2022, including:
Expanded product offerings
While LeaseQuery’s lease accounting solution remains the company’s cornerstone, the company continues to add new products to meet the unique needs of accounting and finance professionals, including:
The acquisition of Crowe Lease Accounting, now LeaseQuery for NetSuite, brings the expertise and support that LeaseQuery is known for to a lease accounting solution built entirely within NetSuite.
Enhanced accrual and modified accrual accounting helps GASB entities easily allocate their leases and SBITAs to funds and create modified accrual and translation entries for standard-compliant financial statements GASB 34.
LeaseQuery Essential provides reliable compliance, support, and reporting for organizations with up to 40 leases or SBITAs that need to balance value and service.
Amplifying Channel Partner Program Efforts
LeaseQuery’s distribution program continued to experience massive growth throughout the first half of the year, fueled by several investments, including the addition of chief revenue officer, Joe Gruca, and key partnerships with accounting firms such as as Cherry Bekaert, RSM and Grant Thornton. LeaseQuery partners play a key role in thought leadership, speaking at summits and webinars to showcase their expertise in the accounting, finance and technology industries. The chain’s program also recently launched its LEASE Summit Road Show (first stop is in Atlanta on August 10, 2022) which will provide rental accounting training, CPE credits, valuable networking opportunities and more.
Recognized for technological innovation and customer and employee satisfaction
After ending 2021 strong with accolades such as the Inc. 5000, Deloitte 500 and multiple G2 Crowd recognitions, LeaseQuery continued this momentum throughout the first half of 2022. Recognitions include:
Regular educational opportunities
LeaseQuery maintains its commitment to continuing education, hosting multiple webinars each month, most of which offer free CPE credits to attendees. Over the past six months, LeaseQuery accountants have hosted 18 webinars and three summits, handing out 6,829 hours of CPE credit to attendees. All webinar and summit recordings are available here.
Additionally, the company continues its commitment to publishing thought leadership with remarkable blogs, helpful guides and reports, including its latest data-centric report, the 2022 Lease Benchmark Report.
Extensive job offers
With the number of LeaseQuery employees growing nearly 40% in the first half of 2022, opportunities for employees also continue to evolve. LeaseQuery introduced the LQ Flex program to allow employees to choose their own office presence journey, whether fully remote, hybrid or full-time. More recently, the company also introduced the Pentaversary program, rewarding five-year-old employees with a four-week paid sabbatical. These benefits, along with many others, have contributed to LeaseQuery being recognized as a better place to work by the Atlanta Business Chronicle.
“LeaseQuery’s journey has been nothing short of amazing,” said LeaseQuery CEO and Founder George Azih. “Combining our client-centric approach with our accounting expertise and advanced accounting platform, we are confident in the future of LeaseQuery and the impact we continue to have, not only in solving the complex accounting problems of our customers, but also by giving our employees valuable training and opportunities as they seek to develop their own fintech careers.
LeaseQuery makes life easier for accountants by simplifying the complex through technology. More than 28,000 finance professionals worldwide rely on our CPA-approved cloud solutions and in-house accounting expertise to confidently comply with various FASB, GASB and IASB accounting standards. Our software helps companies minimize risk, increase efficiency and reduce costs. Learn more about LeaseQuery’s leading accounting solutions, which aim to facilitate mandatory compliance with ASC, IFRS and GASB regulations, or explore other accounting solutions. For more information, visit LeaseQuery.com.