{"id":228152,"date":"2025-05-07T05:07:43","date_gmt":"2025-05-07T05:07:43","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/finquery-surpasses-q1-targets-achieves-accelerating-and-profitable-growth-and-expands-ai-automation-and-migration-capabilities\/"},"modified":"2025-05-07T05:07:43","modified_gmt":"2025-05-07T05:07:43","slug":"finquery-surpasses-q1-targets-achieves-accelerating-and-profitable-growth-and-expands-ai-automation-and-migration-capabilities","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=228152","title":{"rendered":"FinQuery Surpasses Q1 Targets, Achieves Accelerating and Profitable Growth, and Expands AI Automation and Migration Capabilities"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><i>Stevie\u00ae Award and G2 Recognition Underscore FinQuery\u2019s Momentum in Modern Accounting Solutions<\/i><\/p>\n<p><b>ATLANTA, May 6, 2025<\/b> \u2013 <a href=\"https:\/\/finquery.com\/\">FinQuery<\/a>, a leading provider of AI-powered accounting automation and financial contract management solutions for over 8,500 organizations, today announced it exceeded Q1 new revenue targets by 18% and achieved another consecutive quarter of double digit growth. In 2025, FinQuery expects to significantly eclipse the Rule of 40 benchmark\u2014a key SaaS metric combining revenue growth rate  and profit margin. The company\u2019s accelerating momentum reflects continued growth from users adopting a software solution for the first time, market share gains in both the middle market and enterprise, and recent platform innovation that enables customers to seamlessly comply with accounting standards for prepaids and accruals, in addition to lease accounting.<\/p>\n<p>FinQuery\u2019s flagship product, LeaseQuery, was named the #1 Lease Accounting Software on G2 for the 16th consecutive quarter, earning a 97% customer satisfaction score and top marks for ease of use, support, and implementation experience. Furthermore, LeaseQuery is recognized as the #1 lease accounting solution within both the enterprise and middle market customer segments. The company also received a Stevie\u00ae Award in the 2025 American Business Awards\u00ae for its Prepaid and Accrual Accounting solution\u2014praised by judges as a \u201cgame-changer\u201d for its automation, customer impact, and practical innovation.<\/p>\n<p>\u201cWe\u2019ve taken one of the most complex and time consuming parts of accounting and made it fast, accurate, and strategic,\u201d said Joe Schab, CEO of FinQuery. \u201cThese results reflect the trust our customers place in us to help them modernize through accounting automation\u2014and our commitment to removing friction for accounting teams.\u201d<\/p>\n<p><b>Product Innovation: Switching Made Simple, AI That Delivers with Accuracy<\/b><br \/>As part of its Q1 momentum, FinQuery launched a new Balance Migration tool, which eliminates spreadsheets and reconciliation errors during onboarding. By combining automation and expert services, the tool dramatically simplifies implementation for teams transitioning from Excel or other softwares\u2014reducing risk and accelerating time to value.<\/p>\n<p>In parallel, FinQuery expanded its AI-powered document processing, with more than 70% of contracts that would have required manual entry now handled automatically by the platform. These enhancements save time, increase accuracy, and give teams more confidence in their data\u2014especially during close and audit cycles.<\/p>\n<p>\u201cWe\u2019re solving the real challenges that slow down accounting teams \u2014by giving them tools they can trust at every step of the way,\u201d added Schab.<\/p>\n<p><b>About FinQuery<\/b><br \/>FinQuery is an AI-powered SaaS platform that automates prepaid and accrual accounting, simplifies lease accounting compliance (ASC 842, IFRS 16, GASB 87 &amp; 96, SFFAS 54, and FRS 102), and centralizes contract management.<\/p>\n<p>Built for accounting and finance teams, FinQuery empowers more than 36,000 professionals to accelerate their close, streamline budgeting and forecasting, simplify complex accounting, and comply confidently. Learn more at <a href=\"https:\/\/www.finquery.com\/\">FinQuery.com<\/a>.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Stevie\u00ae Award and G2 Recognition Underscore FinQuery\u2019s Momentum in Modern Accounting Solutions ATLANTA, May 6, 2025 \u2013 FinQuery, a leading provider of AI-powered accounting automation and financial contract management solutions for over 8,500 organizations, today announced it exceeded Q1 new revenue targets by 18% and achieved another consecutive quarter of double digit growth. In 2025, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":102146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11759],"tags":[17271,26629,12841,13739,17090,28979,3426,15927,11150,40466,14715],"dealstore":[],"offerexpiration":[],"class_list":["post-228152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","tag-accelerating","tag-achieves","tag-automation","tag-capabilities","tag-expands","tag-finquery","tag-growth","tag-migration","tag-profitable","tag-surpasses","tag-targets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FinQuery Surpasses Q1 Targets, Achieves Accelerating and Profitable Growth, and Expands AI Automation and Migration Capabilities - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=228152\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinQuery Surpasses Q1 Targets, Achieves Accelerating and Profitable Growth, and Expands AI Automation and Migration Capabilities - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Stevie\u00ae Award and G2 Recognition Underscore FinQuery\u2019s Momentum in Modern Accounting Solutions ATLANTA, May 6, 2025 \u2013 FinQuery, a leading provider of AI-powered accounting automation and financial contract management solutions for over 8,500 organizations, today announced it exceeded Q1 new revenue targets by 18% and achieved another consecutive quarter of double digit growth. 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