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Why teams switch from FinQuery to Arvexi
Looking for a FinQuery alternative? Arvexi is the AI-native lease accounting platform that replaces manual data entry with autonomous document extraction and compliance automation.
| Feature | Arvexi | FinQuery |
|---|---|---|
| Document Extraction | AI reads any lease PDF — no templates, no manual entry | Manual data entry through spreadsheet-style forms |
| Accounting Standards | ASC 842, IFRS 16, GASB 87, GASB 96, FRS 102 simultaneously | ASC 842 and IFRS 16 only. No government standards |
| Implementation | Days. Upload documents, AI extracts, review and approve | Weeks of manual setup and data entry |
| AI Agent | Autonomous AI agent with 38+ accounting tools | No AI agent. Manual workflows |
| Auditor Access | Dedicated read-only auditor portal | No dedicated auditor portal |
| Architecture | Built AI-native in 2025. Modern API-first stack | Pre-AI architecture, rebranded from LeaseQuery in 2023 |
| Pricing Model | Portfolio-based. No per-seat fees | Per-seat pricing that scales with team size |
| Modification Handling | Upload amendment PDF, AI recalculates automatically | Manual re-entry for every modification |
Why teams look for FinQuery alternatives
FinQuery (formerly LeaseQuery) is the most established name in lease accounting software. It has deep ASC 842 expertise, strong CPA backing, and 19 consecutive quarters as G2's top-ranked solution. For many teams, it was the right choice when they first adopted lease accounting software.
But the landscape has changed. AI can now read lease documents, extract data points, and generate compliant calculations — work that FinQuery still requires humans to do manually. Teams managing growing portfolios are hitting the limits of manual data entry workflows. That's why more finance leaders are evaluating alternatives.
The architecture gap
FinQuery was built before AI document extraction existed. Its workflow assumes someone will type lease terms into forms. That assumption is baked into the product's architecture.
Arvexi was designed in 2025 with AI as a core capability. Document Intelligence reads lease PDFs and extracts every relevant term — commencement dates, payment schedules, escalation clauses, renewal options, termination provisions. No typing. No templates. No manual re-keying.
This isn't about having a better feature. It's about having a different foundation. FinQuery added AI features to a manual workflow. Arvexi built the workflow around AI from day one.
What this means in practice
Consider a 500-lease portfolio. In FinQuery, each lease starts with manual data entry. Each modification requires re-entry. Each renewal means updating fields by hand.
In Arvexi, each lease starts with a PDF upload. The AI extracts every data point, calculates the amortization schedule, generates journal entries, and presents everything for human review. Modifications? Upload the amendment. The AI reads it, recalculates, and updates the schedule.
The difference isn't marginal. It's the difference between a team spending their time typing and a team spending their time analyzing.
Government standards
FinQuery supports ASC 842 and IFRS 16. It does not support GASB 87 (government leases) or GASB 96 (government IT subscriptions). If your organization reports under government accounting standards, FinQuery cannot serve that need.
Arvexi supports all five major lease standards simultaneously — ASC 842, IFRS 16, GASB 87, GASB 96, and FRS 102 — on the same lease portfolio. For government entities, accounting firms serving public-sector clients, and multinational organizations, this eliminates the need for a second tool.
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