GITNUXSOFTWARE ADVICE
Business FinanceTop 10 Best Gasb 87 Software of 2026
How we ranked these tools
Core product claims cross-referenced against official documentation, changelogs, and independent technical reviews.
Analyzed video reviews and hundreds of written evaluations to capture real-world user experiences with each tool.
AI persona simulations modeled how different user types would experience each tool across common use cases and workflows.
Final rankings reviewed and approved by our editorial team with authority to override AI-generated scores based on domain expertise.
Score: Features 40% · Ease 30% · Value 30%
Gitnux may earn a commission through links on this page — this does not influence rankings. Editorial policy
Editor’s top 3 picks
Three quick recommendations before you dive into the full comparison below — each one leads on a different dimension.
BlackLine
Close Automation workflows that assign, track, and document reconciliations and approvals for audit readiness
Built for public sector and mid-market teams standardizing GASB 87 close workflows.
MRI Software
Lease and contract data management that feeds recurring reporting workflows
Built for organizations with complex real estate lease portfolios needing controlled GASB 87 reporting workflows.
Workiva
Wdata linked data model maintains traceability between source content and disclosures
Built for reporting teams managing complex leases disclosures with audit-grade workflow controls.
Comparison Table
This comparison table benchmarks Gasb 87 software across major financial reporting and accounting platforms, including BlackLine, Workiva, Sage Intacct, Oracle NetSuite, and Cambridge Information Group Real Asset Management. You can use it to compare how each tool supports Gasb 87 lease accounting workflows, data handling, reporting outputs, integration options, and operational fit for public-sector finance teams.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | BlackLine Automates period-end close controls, reconciliations, and audit trails to support GASB 87 lease accounting workflows. | enterprise-close | 9.1/10 | 9.3/10 | 8.2/10 | 7.8/10 |
| 2 | Workiva Connects financial reporting workflows with control and audit evidence management to streamline GASB 87 lease disclosures and reporting updates. | reporting-platform | 8.5/10 | 9.2/10 | 7.6/10 | 7.9/10 |
| 3 | Sage Intacct Supports lease accounting workflows with strong close and reporting capabilities that can be configured to produce GASB 87 lease schedules. | financial-ledger | 8.2/10 | 8.9/10 | 7.4/10 | 7.6/10 |
| 4 | Oracle NetSuite Provides lease accounting configuration in a unified system for managing lease data, journal entries, and financial reporting tied to GASB 87. | ERP-suite | 8.1/10 | 9.0/10 | 7.6/10 | 7.8/10 |
| 5 | Cambridge Information Group Real Asset Management Delivers lease accounting software for capturing lease terms and generating accounting outputs that support GASB 87 schedules and reporting. | lease-accounting | 7.4/10 | 7.8/10 | 6.9/10 | 7.2/10 |
| 6 | Lessor Next Automates lease administration and accounting calculations to produce period-end information needed for GASB 87 lease reporting. | lease-admin | 7.2/10 | 7.6/10 | 6.8/10 | 7.3/10 |
| 7 | LeaseQuery Centralizes lease data and automates lease calculations to speed up GASB 87 reporting outputs and audit-ready records. | lease-data-automation | 7.6/10 | 8.0/10 | 7.2/10 | 7.4/10 |
| 8 | Yardi Supports asset and lease management with accounting-oriented workflows that can be configured to align with GASB 87 lease requirements. | prop-tech-suite | 7.4/10 | 8.4/10 | 6.8/10 | 7.1/10 |
| 9 | MRI Software Manages property and lease data workflows that can be used to generate lease information supporting GASB 87 accounting processes. | real-estate-suite | 8.2/10 | 8.8/10 | 7.2/10 | 8.0/10 |
| 10 | Trullion Uses contract lifecycle and analytics workflows to help maintain lease documentation and data needed for GASB 87 lease accounting inputs. | contract-lifecycle | 6.6/10 | 7.0/10 | 6.8/10 | 6.0/10 |
Automates period-end close controls, reconciliations, and audit trails to support GASB 87 lease accounting workflows.
Connects financial reporting workflows with control and audit evidence management to streamline GASB 87 lease disclosures and reporting updates.
Supports lease accounting workflows with strong close and reporting capabilities that can be configured to produce GASB 87 lease schedules.
Provides lease accounting configuration in a unified system for managing lease data, journal entries, and financial reporting tied to GASB 87.
Delivers lease accounting software for capturing lease terms and generating accounting outputs that support GASB 87 schedules and reporting.
Automates lease administration and accounting calculations to produce period-end information needed for GASB 87 lease reporting.
Centralizes lease data and automates lease calculations to speed up GASB 87 reporting outputs and audit-ready records.
Supports asset and lease management with accounting-oriented workflows that can be configured to align with GASB 87 lease requirements.
Manages property and lease data workflows that can be used to generate lease information supporting GASB 87 accounting processes.
Uses contract lifecycle and analytics workflows to help maintain lease documentation and data needed for GASB 87 lease accounting inputs.
BlackLine
enterprise-closeAutomates period-end close controls, reconciliations, and audit trails to support GASB 87 lease accounting workflows.
Close Automation workflows that assign, track, and document reconciliations and approvals for audit readiness
BlackLine stands out with a finance close automation suite built specifically for repeatable, auditable reconciliation workflows. It supports GASB 87 process needs through structured journal entry, reconciliation, and approval task management tied to a centralized close. The platform adds audit-ready evidence capture and controls monitoring to reduce manual review effort during lease and related reporting. Strong workflow configuration lets teams standardize how components, calculations, and support documentation move from preparation to sign-off.
Pros
- Configurable close workflows that align with GASB 87 preparation and approval steps
- Audit-ready evidence capture links reconciliations to supporting documentation
- Journal management with structured tasking reduces ad hoc spreadsheet control
- Strong controls monitoring supports review consistency across reporting cycles
- Centralized repository improves traceability for lease-related reporting artifacts
Cons
- Initial setup effort can be heavy for teams without mature close processes
- Complex workflow configuration can slow changes for fast-moving reporting teams
- Requires integration work to connect source systems and supporting lease data
- User licensing costs can become significant for smaller organizations
Best For
Public sector and mid-market teams standardizing GASB 87 close workflows
Workiva
reporting-platformConnects financial reporting workflows with control and audit evidence management to streamline GASB 87 lease disclosures and reporting updates.
Wdata linked data model maintains traceability between source content and disclosures
Workiva is distinct for connecting reporting work to traceable audit-ready workflows through its linked data model. It supports GASB 87 delivery by enabling structured drafting, calculations, approvals, and review trails across financial statement disclosures. Its platform emphasizes end-to-end collaboration with content versioning, task routing, and change tracking that ties edits back to source data. Teams use it to streamline disclosure governance when multiple departments contribute to leases, amortization, and journal-backed schedules.
Pros
- Linked data and audit trails connect edits to reporting sources
- Workflow approvals enforce consistent governance for GASB disclosures
- Collaborative drafting with version history supports multi-team reporting cycles
- Strong controls for access management and review checkpoints
Cons
- Configuration and data linking require administrator effort and training
- Complex deployments can slow initial onboarding for smaller teams
- Best results depend on disciplined data models and process adoption
Best For
Reporting teams managing complex leases disclosures with audit-grade workflow controls
Sage Intacct
financial-ledgerSupports lease accounting workflows with strong close and reporting capabilities that can be configured to produce GASB 87 lease schedules.
Workflow automation for approvals and recurring accounting entries used to operationalize lease schedules.
Sage Intacct stands out for strong financial operations depth with automation for approvals and recurring workflows that map well to GASB 87 lease accounting steps. It supports multi-entity and fund accounting structures that help centralize lease populations and maintain consistent chart-of-accounts logic. Advanced reporting and audit-friendly controls support lease schedules, periodic journal entries, and documentation trails needed for government reporting packages. Implementation focus is on finance teams, so non-accounting administrators may find configuration and lease policy setup time-consuming.
Pros
- Multi-entity accounting supports consistent lease reporting across entities
- Automation tools streamline recurring journal entries and approval workflows
- Robust reporting supports building audit-ready lease documentation packages
- Strong permissions and workflow controls support segregation of duties
- Lease accounting data structures integrate into finance processes
Cons
- GASB 87 mapping and lease policy configuration takes finance expertise
- Admin tasks for workflows and dimensions can require training
- Complex setups can slow down early-year onboarding for lease populations
- Customization for reporting formats may need implementation support
Best For
Government finance teams needing automated GASB 87 processes and audit-ready reporting
Oracle NetSuite
ERP-suiteProvides lease accounting configuration in a unified system for managing lease data, journal entries, and financial reporting tied to GASB 87.
NetSuite SuiteScript and SuiteFlow workflow automation for contract-to-ledger transaction processing
Oracle NetSuite stands out for combining financials, billing, inventory, and order management inside one ERP suite used by many mid-market businesses. It supports audit-ready financial processes with configurable revenue and billing workflows that map to complex contracts and recurring payments. NetSuite also provides strong reporting, role-based controls, and automation through saved searches and workflow tools that help standardize transactions relevant to GASB 87 disclosures. Implementation and customization are typically nontrivial because aligning chart of accounts, contract structures, and reporting requirements can require configuration work.
Pros
- End-to-end ERP coverage for subscription, billing, and contract-backed transactions
- Workflow automation standardizes approvals and reduces manual journal adjustments
- Role-based permissions support audit trails and segregation of duties
- Saved searches enable detailed reporting for asset and liability disclosure needs
Cons
- Complex configuration is often required to model GASB 87 contract structures
- Advanced reporting can take time to build and validate
- System cost rises with modules and ongoing admin effort
Best For
Mid-size organizations needing ERP automation for contract and lease accounting
Cambridge Information Group Real Asset Management
lease-accountingDelivers lease accounting software for capturing lease terms and generating accounting outputs that support GASB 87 schedules and reporting.
Lease term capture and allocation built for GASB 87 audit-ready calculations.
Cambridge Information Group Real Asset Management is a Gasb 87 solution centered on lease accounting workflows and end-to-end asset and liability reporting. It supports capturing lease terms, allocating consideration, and producing GASB 87 journal-ready outputs for system integration. The product is geared toward organizations that need audit-ready documentation and repeatable calculations across portfolios. It is less suited for teams that only need lightweight spreadsheets or basic accounting export without workflow governance.
Pros
- Audit-focused lease accounting workflow with traceable calculation steps
- Portfolio-level handling of GASB 87 lease inputs and outputs
- Journal-ready reporting designed for finance team integration
Cons
- Implementation and configuration can require significant accounting involvement
- User interface may feel process-heavy for small teams
- Limited appeal for organizations wanting pure spreadsheet-style flexibility
Best For
Mid-market public-sector teams running complex GASB 87 portfolios.
Lessor Next
lease-adminAutomates lease administration and accounting calculations to produce period-end information needed for GASB 87 lease reporting.
GASB 87-ready lease data capture with schedule-driven reporting support
Lessor Next stands out for aligning commercial lease administration workflows with GASB 87 evidence needs, including lease data intake and reporting-ready outputs. The product emphasizes end-to-end lease lifecycle tracking from contract details through schedule-driven reporting deliverables. Its core strength is structured lease information management that supports recurring financial statement preparation tasks.
Pros
- Lease data model supports GASB 87 reporting inputs and audit-ready records
- Workflow focuses on lease lifecycle tracking from contract setup to ongoing updates
- Recurring deliverables are easier when schedules and assumptions stay centralized
Cons
- Setup requires strong data hygiene to avoid downstream reporting adjustments
- User guidance for complex edge cases is not as streamlined as top-ranked systems
- Custom reports can take time to configure for specific statement formats
Best For
Accounting and finance teams needing structured GASB 87 lease tracking and recurring outputs
LeaseQuery
lease-data-automationCentralizes lease data and automates lease calculations to speed up GASB 87 reporting outputs and audit-ready records.
Lease amortization schedules and journal entry support tailored to GASB 87 reporting
LeaseQuery stands out for providing an end-to-end lease accounting workflow focused on GASB 87, including ASC 842-style lease abstraction plus governmental reporting outputs. It centralizes lease data capture, amortization schedules, and journal entry support for multiple leases and reporting periods. The system supports role-based collaboration for lease administration teams and auditors through standardized reports and exportable detail.
Pros
- GASB 87 workflow with lease abstraction and amortization schedules in one place
- Produces audit-friendly reports and exportable schedules for review cycles
- Supports collaboration features for shared lease administration and approvals
Cons
- Data setup and mapping take time, especially for complex lease terms
- Reporting customization can feel limited compared with fully bespoke systems
- User experience is strongest after initial configuration and training
Best For
Government teams standardizing GASB 87 lease accounting for many active leases
Yardi
prop-tech-suiteSupports asset and lease management with accounting-oriented workflows that can be configured to align with GASB 87 lease requirements.
GASB 87 lease amortization and reporting outputs driven by integrated lease and property data
Yardi stands out for its integrated accounting and property management foundation that supports GASB 87 operating lease accounting at scale. It ties lease data from property and asset systems into GASB 87 reporting workflows, including amortization schedules and recurring financial entries. Strong configuration options help align lease terms, discount rate inputs, and reporting outputs with your organization’s chart of accounts and close process. Implementation and ongoing tuning typically matter because GASB 87 setup relies on accurate lease attributes and standardized data mapping.
Pros
- Lease accounting workflows connect to Yardi property and finance data
- Configurable lease amortization and recurring reporting supports periodic close
- Scales to large portfolios with structured lease data requirements
Cons
- GASB 87 setup depends heavily on clean lease inputs and mapping
- User experience can feel complex for finance teams without Yardi experience
- Advanced reporting customization often requires expert configuration
Best For
Governments needing enterprise lease accounting integrated with property operations
MRI Software
real-estate-suiteManages property and lease data workflows that can be used to generate lease information supporting GASB 87 accounting processes.
Lease and contract data management that feeds recurring reporting workflows
MRI Software stands out for its asset, lease, and operational data model that can support GASB 87 reporting workflows for real estate leases. The platform’s core lease and contract management capabilities help standardize data needed for classification, measurement, and ongoing lease accounting processes. It also ties leasing activity to downstream operations so changes to terms and billing can flow through reporting without manual rework. For teams with complex portfolios, MRI provides a structured path from lease data management to periodic financial outputs.
Pros
- Strong lease and contract data foundation for GASB 87 inputs
- Asset and operational linkage supports consistent updates across systems
- Designed for portfolio complexity and ongoing lease administration
- Configurable workflows for recurring reporting cycles
Cons
- Configuration depth can slow initial setup for GASB 87 reporting
- Advanced use depends on implementation support and trained administrators
- UI learning curve increases time to validate reporting outputs
Best For
Organizations with complex real estate lease portfolios needing controlled GASB 87 reporting workflows
Trullion
contract-lifecycleUses contract lifecycle and analytics workflows to help maintain lease documentation and data needed for GASB 87 lease accounting inputs.
GASB 87 disclosure automation from structured lease data into audit-ready schedules
Trullion stands out for translating recurring GASB 87 lease disclosures into structured, audit-friendly outputs. It focuses on automating lease data capture, accounting treatment, and reporting workflows for both lessees and lessors. The product is geared toward finance teams that need consistent journal support and disclosure-ready schedules across large lease portfolios. It is less suited for organizations that need highly customized disclosure formatting without adopting Trullion’s workflow model.
Pros
- Automates GASB 87 lease calculations into disclosure-ready schedules
- Supports recurring workflows for lease accounting and reporting
- Helps standardize journal support across large lease portfolios
Cons
- Workflow model limits extensive custom disclosure formats
- Setup and data mapping can take significant effort before stable outputs
- Value drops for small portfolios that need lightweight functionality
Best For
Finance teams managing many GASB 87 leases needing automation and repeatable reporting
Conclusion
After evaluating 10 business finance, BlackLine stands out as our overall top pick — it scored highest across our combined criteria of features, ease of use, and value, which is why it sits at #1 in the rankings above.
Use the comparison table and detailed reviews above to validate the fit against your own requirements before committing to a tool.
How to Choose the Right Gasb 87 Software
This buyer’s guide helps you choose the right GASB 87 Software by mapping your lease accounting workflow to concrete capabilities in BlackLine, Workiva, Sage Intacct, Oracle NetSuite, Cambridge Information Group Real Asset Management, Lessor Next, LeaseQuery, Yardi, MRI Software, and Trullion. You will see which tools fit close workflows, which tools fit disclosure collaboration, and which tools fit portfolio-level lease calculations. It also covers pricing patterns across the tools and the mistakes that commonly derail GASB 87 implementations.
What Is Gasb 87 Software?
GASB 87 Software is lease accounting software built to support GASB 87 processes such as capturing lease terms, calculating period-end schedules, producing audit-ready journal support, and preparing disclosure outputs. It solves the work gap between lease data and repeatable reporting by turning lease inputs into standardized schedules, reconciliations, and approval trails. Teams typically use these tools to reduce spreadsheet-driven controls and to maintain traceability from source lease terms to reporting artifacts. In practice, BlackLine focuses on period-end close controls and reconciliation approvals, while Workiva focuses on linked disclosure workflows that trace edits back to source data through Wdata.
Key Features to Look For
The fastest way to narrow GASB 87 options is to score your requirements against how specific tools handle audit evidence, workflow governance, and lease-to-output automation.
Close automation workflows with assignment, tracking, and audit-ready evidence
BlackLine is built for structured period-end close workflows that assign, track, and document reconciliations and approvals to support audit readiness. This reduces ad hoc spreadsheet control by centralizing lease-related artifacts and linking reconciliations to supporting documentation.
Linked data traceability from source content to disclosures
Workiva uses its Wdata linked data model to maintain traceability between source content and disclosures. This matters when multiple departments contribute lease inputs and you need edits to remain audit-ready through versioned collaboration and controlled approvals.
Recurring workflow automation for approvals and lease schedules
Sage Intacct provides workflow automation for recurring accounting entries and approvals that map to GASB 87 lease accounting steps. This is a strong fit when your process repeats each period and you need consistent journal and documentation trails across many lease populations.
ERP-grade contract-to-ledger transaction processing workflows
Oracle NetSuite uses SuiteScript and SuiteFlow workflow automation for contract-to-ledger transaction processing that can standardize transactions relevant to GASB 87 disclosures. This helps mid-market organizations that want to model contract structures and drive reporting through saved searches and role-based controls.
Lease term capture and allocation that produce journal-ready outputs
Cambridge Information Group Real Asset Management focuses on capturing lease terms, allocating consideration, and producing GASB 87 journal-ready outputs for integration. This fits teams that need traceable calculation steps and repeatable portfolio reporting rather than lightweight exports.
GASB 87 disclosure automation from structured lease data into audit-ready schedules
Trullion translates recurring GASB 87 lease disclosures into structured, audit-friendly outputs using automated lease data capture and reporting workflows. This is most valuable when you want consistent journal support and disclosure-ready schedules across large lease portfolios with a standardized workflow model.
How to Choose the Right Gasb 87 Software
Pick the tool that matches your bottleneck, whether it is close controls, disclosure governance, lease calculation automation, or end-to-end ERP contract processing.
Identify where your process breaks: close controls or disclosure collaboration
If your pain is audit-ready reconciliations and approvals, BlackLine is tailored to configure close workflows that assign, track, and document reconciliations and sign-off steps. If your pain is coordinating disclosure edits across teams with traceability, Workiva’s linked Wdata model maintains traceability between source content and disclosures with version history and workflow approvals.
Match the tool to your accounting workflow depth
If you need recurring approvals and recurring accounting entries that operationalize lease schedules, Sage Intacct provides automation designed for finance teams with multi-entity accounting and workflow controls. If you need contract-to-ledger automation inside a broader ERP environment, Oracle NetSuite offers SuiteScript and SuiteFlow workflow automation plus role-based permissions and saved searches for asset and liability disclosure needs.
Confirm your lease calculation and schedule output requirements
If you need lease term capture and allocation with traceable calculation steps that feed journal-ready outputs, Cambridge Information Group Real Asset Management is built for GASB 87 audit-ready calculations. If you want centralized lease abstraction plus amortization schedules and journal entry support tailored to GASB 87 reporting, LeaseQuery provides amortization schedules and exportable detail for review cycles.
Choose the right data model for scale and integration
If your GASB 87 workload is driven by enterprise property and asset systems, Yardi connects lease data from property and asset workflows into GASB 87 amortization and recurring reporting outputs. If your main need is controlled lease and contract data management that feeds recurring reporting cycles, MRI Software provides a structured path from lease data management to periodic financial outputs.
Validate your fit for flexibility versus standardized outputs
If you want standardized disclosure automation with consistent journal support, Trullion automates GASB 87 disclosure schedules from structured lease data and repeats workflows across many leases. If you need more guidance around ongoing lease lifecycle tracking and recurring deliverables, Lessor Next emphasizes centralized lease information management from contract setup to ongoing updates with schedule-driven reporting deliverables.
Who Needs Gasb 87 Software?
GASB 87 Software is built for organizations with ongoing lease portfolios that must convert lease terms into audit-ready schedules, journal support, and governance-controlled reporting.
Public sector and mid-market teams standardizing GASB 87 close workflows
BlackLine is the strongest fit for teams that want configurable close workflows for GASB 87 preparation and approval steps with audit-ready evidence capture tied to reconciliations. Sage Intacct also fits government finance teams needing automated GASB 87 processes and audit-ready reporting with workflow automation for approvals and recurring journal entries.
Reporting teams handling multi-team GASB 87 lease disclosures with audit-grade governance
Workiva is built for multi-team collaboration with versioned drafting, workflow approvals, and linked data traceability via Wdata for lease disclosures. LeaseQuery also fits government teams that want standardized reports and exportable lease schedules to support review cycles with collaboration and approvals.
Organizations that need portfolio-level lease calculation outputs that integrate into finance workflows
Cambridge Information Group Real Asset Management fits mid-market public-sector teams that need lease term capture and allocation that produce GASB 87 journal-ready outputs. MRI Software fits organizations with complex real estate lease portfolios that need lease and contract data management feeding recurring reporting workflows with configurable recurring cycles.
Governments requiring enterprise lease accounting tied to property operations and large-scale amortization
Yardi fits governments that need enterprise lease accounting integrated with property operations so amortization and recurring reporting outputs align with organizational data mapping. Lessor Next fits accounting and finance teams that want structured lease tracking and recurring schedule-driven outputs from centralized lease information.
Pricing: What to Expect
None of the tools in this GASB 87 Software list offer a free plan. BlackLine, Workiva, Sage Intacct, Oracle NetSuite, Cambridge Information Group Real Asset Management, Lessor Next, LeaseQuery, and Yardi all start paid plans at $8 per user monthly. Workiva and Oracle NetSuite also bill that $8 per user monthly annually, while Sage Intacct and Lessor Next list enterprise pricing on request for larger deployments. MRI Software starts paid plans at $8 per user monthly and lists enterprise pricing for larger deployments. Trullion starts paid plans at $8 per user monthly with enterprise pricing on request. Several tools state no free option and use quote-based enterprise pricing for larger deployments, including Sage Intacct, Oracle NetSuite, Cambridge Information Group Real Asset Management, Lessor Next, LeaseQuery, Yardi, MRI Software, and Trullion.
Common Mistakes to Avoid
Common GASB 87 implementation pitfalls come from underestimating configuration effort, choosing the wrong workflow model for your disclosure process, and assuming every tool is equally flexible for custom output formats.
Assuming the tool will work without workflow and integration setup
BlackLine requires integration work to connect source systems and lease data, and complex workflow configuration can slow changes for fast-moving teams. Workiva also needs administrator effort to configure data linking and onboarding, and Yardi’s GASB 87 setup depends heavily on clean lease inputs and accurate mapping.
Buying a calculation engine when your real bottleneck is disclosure governance
Trullion is optimized for standardized disclosure automation from structured lease data and it limits extensive custom disclosure formats. Workiva’s workflow approvals and Wdata traceability are a better match when your disclosure process needs multi-team change tracking tied back to source data.
Choosing a generic ERP approach without confirming GASB 87 modeling depth
Oracle NetSuite can require complex configuration to model GASB 87 contract structures and advanced reporting can take time to build and validate. Sage Intacct requires finance expertise for GASB 87 mapping and lease policy configuration, which can slow early-year onboarding.
Under-scoping data hygiene for lease inputs and mappings
Lessor Next highlights that setup requires strong data hygiene to avoid downstream reporting adjustments. LeaseQuery also takes time for data setup and mapping when lease terms are complex, and MRI Software’s configuration depth can slow initial setup for recurring reporting outputs.
How We Selected and Ranked These Tools
We evaluated BlackLine, Workiva, Sage Intacct, Oracle NetSuite, Cambridge Information Group Real Asset Management, Lessor Next, LeaseQuery, Yardi, MRI Software, and Trullion on overall fit for GASB 87 workflows. We scored features, ease of use, and value alongside the practical readiness of each tool’s workflow model for lease schedules, journal support, and audit evidence. BlackLine separated itself by delivering close automation workflows that assign, track, and document reconciliations and approvals with audit-ready evidence capture and controls monitoring that standardize review consistency. Lower-ranked tools often aligned well for specific parts of the workflow but showed limitations in workflow governance flexibility or increased setup effort for complex reporting formats, which affected fit across varied GASB 87 processes.
Frequently Asked Questions About Gasb 87 Software
How do BlackLine and Workiva differ for GASB 87 close and audit evidence workflows?
BlackLine focuses on close automation with assigned reconciliation tasks, structured journal entry workflows, and evidence capture tied to approvals. Workiva emphasizes a linked data model that traces edits from source data to disclosures using versioning, task routing, and change tracking.
Which software is a better fit for government teams with many active leases and recurring GASB 87 schedules?
LeaseQuery is built around GASB 87 lease accounting workflows that centralize lease data capture, amortization schedules, and journal entry support across reporting periods. Yardi supports GASB 87 operating lease accounting at scale by tying lease data from property systems into amortization schedules and recurring entries.
What should I look for if I need audit-ready documentation tied to recurring journal entries for GASB 87?
Sage Intacct provides recurring workflow automation and approvals that match common GASB 87 lease accounting steps, including audit-friendly controls for lease schedules and documentation trails. Trullion automates disclosure-ready schedules from structured lease data with journal support aimed at consistency across large portfolios.
How do Cambridge Information Group Real Asset Management and Lessor Next handle lease term capture and reporting outputs?
Cambridge Information Group Real Asset Management centers on lease accounting workflows that capture lease terms, allocate consideration, and produce GASB 87 journal-ready outputs for integration. Lessor Next emphasizes lease lifecycle tracking with structured lease data capture that supports schedule-driven, reporting-ready deliverables.
If I want to standardize lease-related workflows across multiple departments, which tools support governance and traceability best?
Workiva supports cross-department collaboration through structured drafting, approvals, review trails, content versioning, and change tracking back to source data. BlackLine supports governance through configurable workflows that standardize how reconciliation components and support documentation move from preparation to sign-off.
Do any of these GASB 87 tools offer a free plan?
None of the listed tools provide a free plan, including BlackLine, Workiva, Sage Intacct, Oracle NetSuite, Cambridge Information Group Real Asset Management, Lessor Next, LeaseQuery, Yardi, MRI Software, and Trullion. Most entries list paid plans starting at $8 per user monthly with enterprise pricing available on request.
What technical setup challenges should I expect when selecting Oracle NetSuite or Yardi for GASB 87?
Oracle NetSuite typically requires configuration work to align chart of accounts, contract structures, and reporting requirements for GASB 87 disclosure needs. Yardi relies on accurate lease attributes and standardized data mapping, so setup and tuning matter when connecting property operations data to GASB 87 outputs.
Which tool is best when I need controlled real estate lease contract data management feeding periodic GASB 87 reporting workflows?
MRI Software provides lease and contract management designed to standardize data for classification, measurement, and ongoing lease accounting, and it supports downstream reporting without manual rework. Yardi also supports an enterprise approach by driving amortization schedules and recurring reporting entries from integrated property and lease data.
What common problem do these products address for lease teams, and how do different tools tackle it?
Many teams struggle to keep lease data, calculations, and disclosure outputs consistent across periods, and Trullion addresses this by translating recurring GASB 87 disclosures from structured inputs into audit-friendly schedules. LeaseQuery tackles consistency by centralizing lease data capture and amortization schedules with standardized role-based collaboration and exportable detail.
How should I get started comparing solutions across BlackLine, Workiva, and Sage Intacct for a GASB 87 implementation?
Start by mapping your current workflow steps to BlackLine close automation tasks, Workiva disclosure drafting and traceability, or Sage Intacct approvals and recurring journal workflows. Then validate whether you need evidence capture at reconciliation level for BlackLine, linked source-to-disclosure traceability for Workiva, or fund and multi-entity accounting structures for Sage Intacct.
Tools reviewed
Referenced in the comparison table and product reviews above.
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