FinQuery
FinQuery is a specialized financial contract management platform that helps you gain complete visibility and control over your organization's leases, software subscriptions, and complex financial obligations.
Torii
Torii is a SaaS management platform that helps you discover, optimize, and automate your entire software stack to reduce costs and eliminate security risks across your organization.
Quick Comparison
| Feature | FinQuery | Torii |
|---|---|---|
| Website | finquery.com | toriihq.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2011 | 2017 |
| Headquarters | Atlanta, USA | New York, USA |
Overview
FinQuery
FinQuery, formerly known as LeaseQuery, helps you manage your organization's largest areas of spend by centralizing complex financial contracts in one place. You can move away from error-prone spreadsheets and automate the accounting for leases, software subscriptions, and other recurring liabilities. The platform ensures you stay compliant with major accounting standards like FASB, IASB, and GASB while providing real-time insights into your financial obligations.
Beyond simple tracking, you can use the platform to optimize your vendor spend and prevent unnecessary renewals. It serves finance and accounting teams across various industries, helping you reduce audit risks and improve budget accuracy. Whether you are managing a handful of high-value leases or thousands of software seats, the system provides the specialized tools you need to maintain financial integrity.
Torii
Torii gives you complete visibility into your company's sprawling software ecosystem. Instead of manual spreadsheets, you get a real-time inventory of every SaaS application your employees use, including those hidden 'shadow IT' apps purchased without IT approval. You can instantly see who is using which tool, how often they log in, and exactly how much you are spending on licenses each month.
The platform helps you take control of your budget by identifying redundant applications and underutilized seats that you can reclaim or cancel. You can also automate the entire lifecycle of an employee's software access, from instantly provisioning tools on their first day to securely revoking all permissions when they leave. It is designed for IT and finance leaders at mid-market and enterprise companies who need to turn chaotic software growth into a streamlined, cost-effective operation.
Overview
FinQuery Features
- Lease Accounting Automation Generate accurate journal entries and disclosure reports automatically to comply with ASC 842, IFRS 16, and GASB 87 standards.
- SaaS Spend Management Identify underutilized software licenses and shadow IT so you can eliminate waste and negotiate better contract terms.
- Automated Notifications Receive proactive alerts for upcoming critical dates like lease expirations and software renewals to avoid costly automatic extensions.
- Centralized Contract Repository Store all your financial contracts in one secure location with advanced search capabilities to find key terms instantly.
- Audit-Ready Reporting Build comprehensive financial reports and audit trails that give your auditors exactly what they need without manual effort.
- Vendor Management Track performance and spend across all your vendors to consolidate your purchasing power and improve your bottom line.
Torii Features
- Automated SaaS Discovery. Find every active subscription in your network automatically by connecting to your ERP, identity provider, and browser extensions.
- Usage Analytics. Track actual feature adoption and login frequency so you can identify which expensive licenses are gathering dust.
- No-Code Workflows. Build custom automation for onboarding and offboarding without writing any code to ensure secure and fast transitions.
- Renewal Management. Get proactive alerts for upcoming contract renewals so you have the data needed to negotiate better rates.
- License Optimization. Reclaim unused seats and downgrade users to cheaper tiers automatically based on their actual software engagement levels.
- Shadow IT Monitoring. Detect unauthorized software purchases the moment they happen to prevent security gaps and unexpected budget leaks.
Pricing Comparison
FinQuery Pricing
Torii Pricing
Pros & Cons
FinQuery
Pros
- Simplifies complex lease accounting transitions and compliance
- Excellent reporting capabilities for internal and external audits
- Intuitive interface makes navigating contract data easy
- Responsive customer support team with deep accounting expertise
Cons
- Initial data implementation can be time-consuming
- Custom pricing may be high for very small portfolios
- Occasional learning curve for advanced reporting filters
Torii
Pros
- Excellent visibility into hidden shadow IT applications
- Powerful automation engine saves hours on offboarding
- Intuitive interface makes complex data easy to read
- Responsive customer support team during initial implementation
- Direct integrations with hundreds of popular SaaS tools
Cons
- Initial setup requires significant time for full accuracy
- Custom pricing can be high for smaller organizations
- Browser extension is required for the most granular data