Cradle Accounting
4.8
13
Cradle is a cloud-based lease accounting software solution designed for accountants. It is easy to use, compliant with lease accounting regulations, and offers excellent customer support. It can handle portfolios and company structures of any size and has transparent pricing. It simplifies the process of complying with IFRS 16/ASC 842 financial reporting requirements by inputting contractual details and accounting judgments. It calculates lease liability and right of use asset accurately and generates financial reports, including disclosures. It also captures and reviews changes and offers a team of qualified accountants for customer support.
Strengths
-
User-friendly interface
Easy to navigate and use
-
Affordable pricing
Competitive pricing for small businesses
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Automated invoicing
Saves time and reduces errors
Weaknesses
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Limited integrations
Does not integrate with many other software
-
Basic features
Lacks advanced accounting features
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Limited customer support
Support is only available during business hours
Opportunities
- Can increase market share by integrating with more software
- Can attract more customers by adding advanced accounting features
- Can improve customer satisfaction by offering round-the-clock support
Threats
- May struggle to compete with larger, more established accounting software providers
- A recession could lead to decreased demand for accounting software
- A data breach could damage the company's reputation and lead to loss of customers
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Cradle Accounting Plan
Cradle Accounting offers a tiered pricing strategy with three versions, ranging from $10-$30/month, each with increasing features and capabilities.
10 lease plan
99
10 leases
Manage up to 10 leases. Subscription includes unlimited users and customer support.
Cancellable at any time.
For more details, refer to https://www.cradleaccounting.com/pricing
20 lease plan
199
20 leases
Manage up to 20 leases. Subscription includes unlimited users and customer support.
Cancellable at any time. For more details refer to https://www.cradleaccounting.com/pricing
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