Visual Lease vs LeaseQuery: Which Is Better in 2026?

Updated September 2, 2026. Independent editorial; how we research.

Visual Lease wins for enterprise lease administration across real estate and equipment; LeaseQuery, now part of FinQuery, wins for accounting-first compliance at any size.

Visual Lease
VS
LeaseQuery
Visual LeaseLeaseQuery
Starting priceContact for pricingContact for pricing
Pricing modelEnterpriseQuote-based
Free trialNoNo
DeploymentCloudCloud
Primary categoryAccounting & FinanceAccounting & Finance

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Our Verdict

Visual Lease and LeaseQuery both handle ASC 842, IFRS 16, and GASB 87 compliance, but they start from opposite ends of the lease lifecycle. Visual Lease, founded in 1996 and acquired by CoStar Group in November 2024, is a lease administration and accounting platform. It manages leases from acquisition to termination, covers both real estate and equipment, and connects real estate, finance, procurement, and legal teams around one record. LeaseQuery is the lease accounting product of FinQuery, the name its parent company adopted in February 2024 when it expanded into contract and spend management. It is built primarily for accountants.

Visual Lease wins when lease administration is the real job. Critical dates, options, CAM reconciliation inputs, and SOX-oriented controls live alongside the accounting entries, so corporate real estate and finance work from the same data. It integrates with SAP, Oracle, Workday, Microsoft Dynamics, and NetSuite, and now with CoStar market data. The trade-offs: pricing is enterprise-only on annual terms, implementations for complex global portfolios can be lengthy, some screens feel dated, and the CoStar acquisition may change pricing and product direction over time.

LeaseQuery wins on accounting focus and accessibility. It automates journal entries, disclosure reporting, and compliance workflows, and it serves small businesses through large enterprises. The FinQuery platform also covers prepaids and accruals, which matters for finance teams consolidating tools. It has strong onboarding support and integrations with NetSuite, SAP, Sage Intacct, QuickBooks, Dynamics, and Workday. Its limits are operational: it is not a lease administration system, so teams managing dates, renewals, and landlord relationships will need something else.

Pick Visual Lease if a corporate real estate or facilities team needs to run the portfolio, not just book it, and the organization is enterprise-scale. Pick LeaseQuery if the controller's office owns the project and the goal is clean, auditable compliance with the least operational overhead. Both are quote-based, so expect a sales conversation either way.

Visual Lease

25+ years of lease management expertise — deepest domain knowledge in the market
97%+ customer retention — customers stay and grow
Recently acquired by CoStar Group — strong backing and integration potential
Purpose-built controls for SOX compliance and multi-team collaboration
Enterprise pricing only — not suitable for small businesses
Implementation can be lengthy for complex global portfolios
UI modernization is ongoing — some screens feel dated

LeaseQuery

G2 leader across small, mid-market, and enterprise categories
Top satisfaction scores for support quality, ease of use, and accuracy
Supports all major lease accounting standards (ASC 842, IFRS 16, GASB 87)
Extends beyond leases to prepaids and accruals — broader value proposition
Pricing not publicly available — must contact sales
Primarily focused on accounting compliance — limited operational lease management
Rebranded from LeaseQuery to FinQuery which may cause market confusion

Frequently Asked Questions

Is LeaseQuery the same company as FinQuery?

Yes. LeaseQuery rebranded its company as FinQuery in February 2024 to reflect expansion into contract and spend management. The lease accounting product itself still carries the LeaseQuery name.

Who owns Visual Lease?

CoStar Group completed its acquisition of Visual Lease on November 1, 2024. Visual Lease now sits within CoStar's Real Estate Manager business line.

Does LeaseQuery handle lease administration as well as accounting?

LeaseQuery is focused on lease accounting compliance. Its operational lease management features are limited compared to a dedicated lease administration platform like Visual Lease.

Which lease accounting standards do Visual Lease and LeaseQuery support?

Both support ASC 842, IFRS 16, and GASB 87. Visual Lease also covers equipment leases alongside real estate, and FinQuery extends beyond leases into prepaids and accruals.