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CorpScript Lease Accounting vs Cradle

CorpScript Lease Accounting

corpscript.com

Cradle

cradleaccounting.com

Side by side

FigureCorpScript Lease AccountingCradle
Price from$3,500/mo$99/mo
Free plan——
Free trial—Yes
Open source——
Web—Yes
Plans published33
Spec score · Lease Accounting Software6.6 (#34)8.1 (#7)

Plans

CorpScript Lease Accounting

  • Starter$42,000 a year
  • GrowthPriced on request
  • EnterprisePriced on request

CorpScript Lease Accounting pricing →

Cradle

  • Small Plan$99 a month
  • Regular Plan$199 a month
  • EnterprisePriced on request

Cradle pricing →

In their own words

CorpScript Lease Accounting

CorpScript Lease Accounting has no write-up on Specifiction yet; its figures are above.

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Cradle

Cradle is a web-based system for automating lease accounting and compliance reporting. It supports IFRS 16, ASC 842, GASB 87, GASB 96 and FRS 102, and handles lessee, lessor and sublease accounting. The software calculates present values, accounts for modifications, prepares journal entries and generates required reports. Reports can cover one agreement, a company or a consolidated organization, with balance sheet, income statement, cash flow and disclosure options. Users can enter foreign exchange rates for converting leases into the applicable functional currency. Cradle can mirror a customer's general ledger and cost-center setup so accounting data can be exported into that system. Lease data may be entered manually, uploaded with a bulk template, migrated from Excel or moved through a custom engineering solution. Custom fields can be searched, stratified and exported. The Small Plan costs $99 a month for up to 10 agreements; the Regular Plan costs $199 a month for up to 20 leases. Both plans allow unlimited users and include no training. Cradle offers a 30-day trial and says it provides 24/7 support, guides and videos.

Visit cradleaccounting.com