Cradle

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About

Cradle is ranked #16 of 55 in lease accounting software on Inferse. It runs on Web. There is no free plan. A free trial is offered. Paid plans start at $99/mo.

Compared on lease accounting software

Free plan
Nocradleaccounting.com
Paid from
$99/mocradleaccounting.com
Standards supported
bothcradleaccounting.com
Lease limit
10 leasescradleaccounting.com
Disclosure reporting
Yescradleaccounting.com
Journal entries
Yescradleaccounting.com
Multi-entity support
Yescradleaccounting.com

Facts

Product purpose
Cradle is a web-based command center that automates lease accounting and compliance reporting.cradleaccounting.com · 30 Sept 2026
Standards supported
The product supports IFRS 16, ASC 842, GASB 87, GASB 96 and FRS 102.cradleaccounting.com · 30 Sept 2026
Automated accounting
Cradle automatically performs present value calculations, modification accounting, journal entries and required financial reporting.cradleaccounting.com · 30 Sept 2026
Lease roles
Cradle supports both lessee and lessor accounting, including sublease accounting.cradleaccounting.com · 30 Sept 2026
Foreign exchange
Users can enter foreign exchange rates and Cradle converts foreign-currency leases to the applicable functional currency.cradleaccounting.com · 30 Sept 2026
Reporting
Reports can be run for individual agreements, companies or consolidated organizations, including balance sheet, income statement, cash flow and disclosure reports.cradleaccounting.com · 30 Sept 2026
General-ledger integration
Cradle can mirror a customer’s general-ledger and cost-center environment so accounting data can be exported into the accounting system.cradleaccounting.com · 30 Sept 2026
Data import and migration
Lease data can be entered manually, uploaded through a bulk template, migrated from Excel or migrated through a custom engineering solution.cradleaccounting.com · 30 Sept 2026
Customization
The lease-management system supports custom fields that can be searched, stratified and exported.cradleaccounting.com · 30 Sept 2026
Support
Cradle says it provides knowledgeable 24/7 customer support along with guides and videos.cradleaccounting.com · 30 Sept 2026
Security compliance
Cradle states that it is SOC 2 Type 2 compliant.cradleaccounting.com · 30 Sept 2026
Security controls
Cradle states that data is encrypted in transit and at rest, hosted on Amazon Web Services, backed up daily and protected with periodic third-party penetration testing.cradleaccounting.com · 30 Sept 2026
Target customers
Cradle says it can serve organizations with one lease through multinationals managing hundreds of leases across subsidiaries and currencies.cradleaccounting.com · 30 Sept 2026
Company ownership
The site identifies Cradle as a Prophix Company.cradleaccounting.com · 30 Sept 2026

Company

Headquarters
Toronto, Ontario, Canadacradleaccounting.com · 28 Sept 2026

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Where it ranks on Inferse

Sources