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 | LeaseQuery | |
|---|---|---|
| Starting price | Contact for pricing | Contact for pricing |
| Pricing model | Enterprise | Quote-based |
| Free trial | No | No |
| Deployment | Cloud | Cloud |
| Primary category | Accounting & Finance | Accounting & Finance |
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.
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.
CoStar Group completed its acquisition of Visual Lease on November 1, 2024. Visual Lease now sits within CoStar's Real Estate Manager business line.
LeaseQuery is focused on lease accounting compliance. Its operational lease management features are limited compared to a dedicated lease administration platform like Visual Lease.
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.