LeaseQuery, a fast-growing software provider with solutions built to efficiently manage companies’ largest areas of spend, today announced that, as of the end of 2023, it supports 7,800 organizations, achieving 79% YoY growth, amid other areas of significant growth within the company. In addition to this customer growth, LeaseQuery has continued enhancing its current product offerings and recently acquired StackShine. This move allowed LeaseQuery to expand into the fast-growing SaaS spend management space and offer its customers the ability to discover, manage, automate, and optimize their SaaS applications in a centralized platform.
In addition to the acquisition of StackShine and other product enhancements, additional major achievements by LeaseQuery throughout 2023 included:
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Launched Proprietary AI: After two and half years of research and development LeaseQuery launched AI-assisted lease entry trained on one of the largest lease databases in the industry. The AI saves accounting teams time by enabling fast, accurate and efficient lease abstraction and lease entry.
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Released Technology Lease Benchmark Report: LeaseQuery released the first segment of its Technology Lease Benchmark Report, which analyzes lease liabilities and reveals trends across the tech industry after ASC 842 led the tech industry to experience an overall increase in balance sheet liabilities.
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Introduced Accelerate: Leading @ LeaseQuery: This internal program was designed to cultivate influential leaders within the organization by providing online and in-person training on skills that will enable them to be more effective and impactful as they grow in their careers.
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Achieved Significant Channel Growth: With more than 80 new partners joining LeaseQuery’s partner program in 2023, including notable industry leader Sovos, LeaseQuery continues to grow and nurture partnerships by helping them manage their clients’ lease accounting and SaaS management needs.
“Our…
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