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LeaseQuery

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LeaseQuery
NameLeaseQuery
Founded2012
FoundersDanielle Kunkle
HeadquartersColumbus, Ohio
IndustrySoftware
ProductsLease accounting software

LeaseQuery is a software company that develops lease accounting and lease management solutions for private and public companies subject to accounting standards like Financial Accounting Standards Board and International Accounting Standards Board. The company offers cloud-based applications designed to assist compliance with standards such as FASB ASC 842 and IFRS 16 and serves clients across industries including Real Estate investment trusts, Retail, Healthcare, and Manufacturing. LeaseQuery competes and integrates with enterprise resource planning and financial systems from vendors like Oracle Corporation, SAP SE, and Workday.

History

Founded in 2012 by entrepreneur Danielle Kunkle, the firm emerged amid regulatory shifts driven by the Financial Accounting Standards Board's move to revise lease accounting rules. Early milestones included product launches coinciding with implementation timelines for FASB ASC 842 and collaborations with audit and advisory firms such as Deloitte, PricewaterhouseCoopers, Ernst & Young, and KPMG. The company expanded from regional operations in Columbus, Ohio to national and international markets through capital raises, partnerships, and board appointments that mirrored growth patterns seen at fintech and accounting technology firms like BlackLine and Intuit.

Products and Services

The core offering is a subscription-based lease accounting application that automates recognition, measurement, presentation, and disclosure requirements under FASB ASC 842 and IFRS 16. Complementary services include implementation consulting, lease abstraction, audit support, and training delivered by teams with experience from firms such as Grant Thornton and BDO. The product set targets lessee and lessor accounting workflows and provides reporting frameworks aligned with standards promulgated by the Financial Accounting Standards Board and the International Accounting Standards Board.

Technology and Integration

Built as a cloud-native platform, the system integrates with enterprise systems including NetSuite, Microsoft Dynamics 365, Oracle E-Business Suite, SAP S/4HANA, and payroll and treasury platforms from providers like ADP and Bill.com. The architecture emphasizes APIs, secure authentication standards such as OAuth, and data export capabilities compatible with analytics platforms like Tableau and Power BI. The product roadmap has reflected industry trends toward Software as a Service delivery models and interoperability with corporate consolidation and disclosure tools used by companies like Workiva.

Customers and Market Position

Clients span small and midsize enterprises to publicly traded corporations listed on exchanges such as the New York Stock Exchange and NASDAQ. Industry verticals served include Retail, Hospitality, Healthcare, Real Estate Investment Trusts, and Telecommunications. Competitive positioning places the company among specialized lease accounting vendors and adjacent financial software firms, with market dynamics influenced by consulting networks of Big Four accounting firms and ERP vendors including Oracle Corporation and SAP SE.

Corporate Governance and Leadership

Governance includes a board of directors and executive leadership experienced in software, accounting, and enterprise sales, with leaders who have backgrounds at companies like Oracle Corporation, SAP SE, Workday, and professional services firms including Deloitte. The company has engaged advisors and board members with experience across Venture capital and private equity-backed software growth, reflecting governance practices comparable to peers such as Coupa Software and BlackLine.

Financial Performance and Funding

Growth has been supported by venture funding rounds and strategic investments from institutional investors and venture capital firms participating in enterprise software markets, a trajectory similar to other accounting software startups that have attracted capital from investors active in the Silicon Valley and New York City ecosystems. Revenue sources include subscription fees, professional services, and recurring support contracts; financial outcomes depend on adoption tied to regulatory compliance cycles driven by standards set by the Financial Accounting Standards Board and the International Accounting Standards Board.

Category:Accounting software companies Category:Software companies based in Ohio