Brex AI
Enterprise-grade spend management powered by LLMs for automated compliance and real-time financial insights.
The SOC 1 Type 2 certified platform for error-free lease accounting and audit-ready reporting.
LeaseQuery, now part of the broader FinQuery platform, is a mission-critical SaaS solution engineered to address the complexities of global lease accounting standards including ASC 842, IFRS 16, GASB 87, and GASB 96. Its technical architecture is built on a high-availability relational database designed to handle thousands of lease contracts while maintaining a rigorous SOC 1 Type 2 audit trail. By 2026, the platform has matured into an AI-augmented financial intelligence suite, utilizing machine learning to extract key data points from unstructured PDF lease documents with high precision. This significantly reduces manual abstraction errors and accelerates the monthly close process. The platform provides automated journal entry generation, amortization schedules, and disclosure reports that integrate directly with major ERP systems like NetSuite, Microsoft Dynamics 365, and SAP. Its market position is defined by its deep technical compliance features, offering dual-reporting capabilities and complex lease modification handling that generic accounting tools lack. It remains a top choice for organizations transitioning from legacy spreadsheets to automated, audit-ready compliance environments.
Uses NLP and OCR to scan PDF contracts and extract critical dates, payments, and options into structured data fields.
Verified feedback from the global deployment network.
Post queries, share implementation strategies, and help other users.
Handles complex lease remeasurements and modifications (e.g., partial terminations) with automated re-calculation of ROU assets.
Allows users to maintain parallel accounting records for both ASC 842 and IFRS 16 simultaneously.
Every mathematical calculation within the system is validated and audited to ensure adherence to GAAP/GASB/IFRS.
Specific modules designed for Subscription-Based Information Technology Arrangements.
Maintains a timestamped, immutable record of every user change and calculation update.
Pre-built connectors for NetSuite and Sage Intacct that push journal entries directly into the GL.
Moving from ASC 840 (off-balance sheet) to ASC 842 (on-balance sheet) for a retail chain with 500+ locations.
Registry Updated:2/7/2026
A company reduces its office footprint by 30%, requiring a partial termination adjustment.
A US-based company with a subsidiary in London needs to report in both US GAAP and IFRS.