Cradle vs Planon

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.

Planon provides an IoT-enabled Integrated Workplace Management Solution (IWMS) for organizations managing real estate, space, workplace services, assets, maintenance, energy, and sustainability. Its real estate tools cover portfolios, leases, invoices and cashflow, transactions, and capital projects. Asset and maintenance functions include work orders, preventive and predictive maintenance, asset lifecycle, vendors and warranties, health and safety, inventory, and procurement. Workplace capabilities include desk and room booking, visitor management, workplace services, and sensor insights, with Core, Advanced, and Enterprise tiers described. The Planon Workplace App lets employees book spaces, request services, and view workplace information; other listed mobile apps cover field services, asset management, and condition assessment. Planon describes an open platform with REST API tools and a Marketplace for apps and system connections. Its cloud services list AWS and Microsoft as hosting providers for Planon Live SaaS, with environment location agreed in the Order Form. Assurance information for Planon Universe SaaS includes ISO 27001, ISAE 3402 Type II, and SOC 2, but the stated scope covers selected services. Pricing is available on request, and the Workplace App page offers a free 14-day trial.