Cradle Overview
What is Cradle?
Cradle is a specialized lease accounting software that automates the entire compliance workflow for lease contracts under ASC 842 and IFRS 16 standards. The platform operates on a straightforward principle: users input their contractual data, and Cradle automatically handles all subsequent calculations, generates accurate journal entries, and produces the necessary financial reports and disclosures. This eliminates the manual, error-prone processes typically associated with lease accounting. The company distinguishes itself with transparent, publicly available pricing and offers direct access to a team of qualified accountants for support, ensuring users are never left without expert guidance.
Who it's for:
Cradle is ideal for accountants, finance teams, and companies of various sizes that need to achieve and maintain compliance with the latest lease accounting standards without investing in complex, expensive software or lengthy training. It is particularly suited for organizations seeking a straightforward, self-service tool backed by expert human support.
Our verdict:
Our verdict is that Cradle offers a compelling, user-friendly solution focused on core compliance automation. Its transparent pricing model and accessible expert support are significant advantages, making it a cost-effective and reliable choice for businesses looking to simplify their lease accounting obligations efficiently.
Cradle Details
Cradle Platforms supported
Cloud, SaaS, Web-Based
Desktop Chromebook
Desktop Linux
Desktop Mac
Desktop Windows
Mobile Android
Mobile iPad
Mobile iPhone
On-Premise Linux
On-Premise Windows
Cradle Support options
Email Help Desk
FAQ Forum
Knowledgebase
Phone Support
Cradle Training options
Documentation
In-Person
Live Online
Webinars
Videos
Cradle Typical customers
Freelancers
Small Businesses
Small to Mid size businesses
Mid size businesses
Mid to Large size enterprises
Large enterprises
Very Large enterprises
Cradle Pricing
Tiered pricing system
Cradle Features
Most valued Cradle features by users
Amortization Schedule
Asset Lifecycle Management
Billing & Invoicing
Budgeting/Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management
Top Cradle Alternatives & Competitors
DebtBook is a specialized, industry-leading SaaS platform dedicated to debt and lease management for government and higher education entities. It is the only consolidated solution designed specifically for compliance wit... Read More
LeaseQuery is a specialized lease accounting software focused on simplifying compliance for both lessees and lessors under major accounting standards including ASC 842, IFRS 16, and GASB 87. It accounts for any lease typ... Read More
Visual Lease is a leading lease accounting and management software platform built with deep expertise from lease experts and CPAs. It is engineered to simplify compliance with ASC 842, IFRS 16, and GASB 87 for portfolios... Read More
Nakisa Lease Administration is a secure, user-friendly enterprise cloud platform that unifies lease accounting and management operations. It enables organizations to track the complete lease lifecycle and report on activ... Read More
MRI ProLease, from MRI Software, is an integrated system that combines Lease Administration and Lease Accounting in a single, SaaS-based platform. It delivers comprehensive features for compliance with FASB ASC 842 and G... Read More
AMTdirect is a robust lease administration and accounting software that provides organizations with real-time visibility into their entire real estate portfolio. It centralizes all critical information, including lease a... Read More
Trullion is an innovative, AI-powered SaaS platform that revolutionizes lease accounting compliance for ASC 842, IFRS 16, and GASB 87. Its standout feature is the ability to upload lease documents in PDF or Excel format ... Read More
Occupier is a lease management and accounting software platform designed with the tenant's needs and collaboration in mind. It centralizes workflows for brokers, real estate teams, and lease accounting professionals. Fea... Read More
UGAAP is a comprehensive lease accounting software that provides authoritative accounting for both lessees and lessors under ASC 842, IFRS 16, and GASB 87. It caters to any business or governmental entity, offering featu... Read More
EZLease provides fast, simple, and user-friendly lease accounting software designed to ensure long-term compliance for lessees and lessors under ASC 842, GASB 87, and IFRS 16. It manages both equipment and real estate as... Read More