Cradle 2026: Benefits, Features & Pricing

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Overview
Pricing and Plans
Features
User Reviews

Overview

Cradle

4.5

(2)

Pricing

Starting at $99.00 per month

About Cradle

Cradle’s Lease Accounting solution is specifically designed to orchestrate and accelerate your lease accounting compliance with ASC 842 and IFRS 16.

The new lease accounting standards are not only complicated; they're material to your financial statements. Lease accounting involves large amounts of data from disparate sources, inconsistent processes and controls, and an enormous amount of manual activities, all while following strict financial reporting guidelines. Work is often completed on spreadsheets and "tracked" with email and paper documents, making it nearly impossible to find when requested by auditors. Rushing to meet deadlines while hoping to detect material errors before they cause problems is practically impossible and not sustainable. Worse, the integrity of financial reporting is at risk.

Cradle provides tools that work in unison to manage and meet your financial reporting requirements under the new lease accounting standards. By embedding process standardization and leveraging accounting automation technology, Cradle becomes your web-based command center, from which you can
manage and account for your entire lease portfolio.

Cradle provides everything you require...

Cradle Screenshots

Cradle Pricing and Plans

Starting price: $99.00 per month

Free Trial

Free Version

Basic

$99.00

per month

No plan information available

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Cradle Features

Popular features found in Lease Accounting
Amortization Schedule
Asset Lifecycle Management
Capitalization Reporting
Critical Date Alerts
For Equipment Leases
For Real Estate
Tax Management
More features of Cradle
Accounting
Accounting Integration
Activity Dashboard
Ad hoc Reporting
Alerts/Escalation
Alerts/Notifications
API
Audit Management
Audit Trail
Budgeting/Forecasting
Cash Flow Management
Compliance Management
Configurable Workflow
Contact Management
Contract/License Management
Currency Conversion
Customizable Fields
Customizable Reports
Dashboard Creation
Data Import/Export
Document Management
Document Storage
Expense Tracking
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
Forecasting
General Ledger
Invoice Management
Lease Management
Mobile Access
Multi-Currency
Multi-Location
Payment Tracking
Portfolio Management
Real-Time Reporting
Reminders
Reporting/Analytics
Reporting & Statistics
Role-Based Permissions
Search/Filter
Third-Party Integrations
Transaction History

Cradle User Reviews

Overall Rating

4.5

Ratings Breakdown

50%

Secondary Ratings

Ease of Use

4.5

Value for money

5.0

Customer support

5.0

Functionality

4.5

Have you used Cradle and would like to share your experience with others?

Danea T.

Verified reviewer

Investment Management

11-50 employees

Used monthly for less than 12 months

Review source

Reviewed October 2020

Cradle - Lease accounting software

Fantastic. Everything has gone to plan, the software does what it's required to do without a fault and it's very fast.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Accounting for my leased assets now takes minutes and I have the peace of mind that the calculations are correct. Since using Cradle the time spent on my month-end close for lease accounting has been dramatically reduced. Cradle is also very easy to use, so there's no need to familiarize yourself or re-train your staff members when you haven’t used an aspect of the software e.g. modification accounting.

Cons:

Since signing-up, Cradle has already released a number of features that have greatly helped my lease accounting/management. I appreciate the fact Cradle not only take on my feedback but roll-out functionality to specifically address these points. Noting this, there are some additional features I’d like e.g. lessor accounting. However, it's been communicated that will be rolled out in the coming months.

Reasons for choosing Cradle

Cradle's pricing is far more competitive. Cradle had all the functionality I required to meet my company's month-end requirements.

Frank P.

Verified reviewer

Executive Office

5001-10000 employees

Used monthly for less than 12 months

Review source

Reviewed July 2020

IFRS 16 Transition

Cradle has been a joy to work with. Being a smaller company, they have no red tape and our queries with dealt with promptly and efficiently. They were able to make custom enhancements with ease and have been very helpful and instrumental in our success for transition to IFRS 16. Would highly recommend.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Does exactly what we need it to do. It is straight forward and easy to use even for the most basic user. Implementation was very fast and seamless. Able to roll out to individual divisions with ease.

Cons:

Consolidation and FX functionality would be nice to have, but was not a critical factor for us. Help menus could be more intuitive, with better field descriptions.

Reasons for choosing Cradle

Was only a handful of software packages that filled our need of IFRS 16 accounting without all the other expensive frills. Pricing was right as well as being a local Canadian company.

Showing 1 - 2 of 2 Reviews