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Cradle Accounting Reviews

User Rating

5/5 (Based on 44 Ratings)

Rating Distribution

  • Excellent

    100%
  • Very Good

    0%
  • Average

    0%
  • Poor

    0%
  • Terrible

    0%

Do You Use Cradle Accounting?

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Reviews
VF

Verified User in Health, Wellness and Fitness

March 10, 2025 Source: G2.com
ASC 842 Trial run
What do you like best about Cradle Accounting?
The customer service: available to demo the product and quick responses on errors and questions.
What do you dislike about Cradle Accounting?
Custom reports to download the amortization schedules for multiple leases at same time
What problems is Cradle Accounting solving and how is that benefiting you?
Helping us transition to
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ac

austin c

February 24, 2025 Source: G2.com
User friendly software.
What do you like best about Cradle Accounting?
Very user friendly compared to other lease programs. Our firm interviewed 3-4 different lease software and found this one to be the user friendly. Additionally, the help support team is actually there to help and provide customer service.
What do you dislike about Cradle Accounting?
As of right now, we are happy with cradle as a firm and have nothing negative to say about the program or their employees (customer service end)
What problems is Cradle Accounting solving and how is that benefiting you?
It is helping our firm calculate and properly amortize the right of use asset and related liability for several leases in multiple companies. Without this calculation assistance, it would take us a significant amount of time to calculate and re-calculate when modifications arise.
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LC

Liz C

September 25, 2024 Source: G2.com
Cradle has simplified and expedited lease accounting and reporting
What do you like best about Cradle Accounting?
Managing our leases used to be a 3+ day effort by someone in financial reporting. It was managed in a spreadsheet, never fully reconciled and was prone to errors. Now it is a half day of effort. Reporting is also much quicker and having all agreements saved in the system for easy access has been a huge time saver. I would highly recommend Cradle! Whenever we've had questions, Cradle support has been available and very helpful.
What do you dislike about Cradle Accounting?
I have run into an issue where I need to make coding changes to a large number of leases. Cradle has an OK but not great solution for this. I wish there was an easier way to update coding to select leases within a Company after implementation.
What problems is Cradle Accounting solving and how is that benefiting you?
Managing our monthly IFRS 16 lease entries and monthly and quarterly reporting.
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VE

Verified User in Primary/Secondary Education

August 8, 2024 Source: G2.com
Satisfaction of the service from Samson
What do you like best about Cradle Accounting?
Cradle Accounting has a lot of features to make our life easier . It is user friendly and easy to navigate. Samson is very helpful and willing to work extra hours (on his birthday and at 1:00 AM) to make sure our queries is answered asap.
What do you dislike about Cradle Accounting?
I am new user, happy with the product, can't find anything I dislike.
What problems is Cradle Accounting solving and how is that benefiting you?
Cradle has the feature to populate balance sheet and disclosure report in one touch. I used to do it manually and it takes so long to do so. Also, I have a very good support from Samson. His knowledge is phenomenal. I can understand lease accounting just from few meetings. He is so persistent in giving us the best answer followed by the lease accounting rule to support his explanation.
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VE

Verified User in Oil & Energy

August 2, 2024 Source: G2.com
Help to set up a lease
What do you like best about Cradle Accounting?
Samson was an absolute big help, I called him knowing nothing and he was so pacient and explained everything I needed to know for the creation of leases in Cradle, plus he sent extra links in case I need more support.
What do you dislike about Cradle Accounting?
In my point of view, there's nothing I would complaint about.
What problems is Cradle Accounting solving and how is that benefiting you?
It's making so much easier the administration of our leases.
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VA

Verified User in Accounting

July 21, 2024 Source: G2.com
Exceptional support for use of software and to technical advice on the Accounting Standard - ASC 842
What do you like best about Cradle Accounting?
The timely tech support waas exceptional for me to be able to continue to work with little down time. The tutorial for the background of ASC-842 were better than the AICPA official publication for ease of understanding
What do you dislike about Cradle Accounting?
I have no compaints about Cradle and aas a user it took very little time to understand..
What problems is Cradle Accounting solving and how is that benefiting you?
The background calculations for documentation for a Reviewed Financial Statmenet and related workpapers for disclosures, accounting journal entries, and Net Present Value computations.
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VM

Verified User in Electrical/Electronic Manufacturing

July 17, 2024 Source: G2.com
Cradle Accounting is great at lease calculation and management
What do you like best about Cradle Accounting?
Saving time at lease calculation, which simplify the year-end tast. Also reminder could be set-up, which makes lease contract management easier.
What do you dislike about Cradle Accounting?
It does not inlcude Deferred Tax calculation.
What problems is Cradle Accounting solving and how is that benefiting you?
Saving time at lease calculation, which simplify the year-end tast. Also reminder could be set-up, which makes lease contract management easier.
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GM

Garrett M

June 10, 2024 Source: G2.com
Cradle is an easy solution for complicated standards
What do you like best about Cradle Accounting?
The wizard for setting up a lease is so easy and perfectly flexible for odd situations. Being able to export the entirety of the related journal entries into excel makes it perfect to be able to book our entire lease and set it and forget it. It's really great!
What do you dislike about Cradle Accounting?
Nothing so far! It's been a smooth and easy product to use.
What problems is Cradle Accounting solving and how is that benefiting you?
If I didn't have this as an option, I likely would not be following the accounting standards as I need to.
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VA

Verified User in Accounting

June 2, 2024 Source: G2.com
Customer support was quick and helpful
What do you like best about Cradle Accounting?
.Easy to use, reasonable pricing, ease of implmentation and great customer support
What do you dislike about Cradle Accounting?
Item description and a few sample scenarios will be more helpful
What problems is Cradle Accounting solving and how is that benefiting you?
No need to figure out the discount rate, monthly or annual journal entries
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VA

Verified User in Accounting

May 2, 2024 Source: G2.com
great lease software!
What do you like best about Cradle Accounting?
Cradle is very east to anvigate once you go thru the tutorial.
What do you dislike about Cradle Accounting?
the format of it is very user friendly.
Recommendations to others considering Cradle Accounting?
It makes complying with ASU 842 realitively simple.
What problems is Cradle Accounting solving and how is that benefiting you?
Gives you everything ypu need to prepare your financial statments.
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