Great compliance tool for small companies!
What do you like best?
With only a small number of leases to track, LeaseGuru is the perfect tool. It is a complete and comprehensive tool that walks users through setting up leases, provides online views to the amortization schedules of the leases and provides the journal entries to record each period. Exactly what we need to comply!
What do you dislike?
It took a bit of time to understand their terminology when entering the lease, but the LeaseGuru team was always helpful with their explanations.
What problems are you solving with the product? What benefits have you realized?
Getting a handle on the new standards and how to calculate and create the amortization schedules was frustrating and a bit confusing. LeaseGuru automated the calculations and makes the journal entries a no-brainer.