Cradle
The facts below are what the maker publishes about Cradle, checked and dated. Our editors have not written about it yet.
Plans and prices
From Cradle's own pricing page, checked 30 Sep 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Small Plan | $99 a month | up to 10 agreements · unlimited users · no training · IFRS 16, ASC 842 and FRS 102 · first day of every period |
| Regular Plan | $199 a month | up to 20 leases · unlimited users · no training · IFRS 16, ASC 842 and FRS 102 · first day of every period |
| Enterprise | Priced on request | 20 - 10,000+ agreements · training · private servers · choice of geographical server location · custom solutions |
The facts
Each one read from Cradle's own pages, with the date it was checked.
What it does
- Automated accounting
- Cradle automatically performs present value calculations, modification accounting, journal entries and required financial reporting.checked 30 Sep 2026
- Customization
- The lease-management system supports custom fields that can be searched, stratified and exported.checked 30 Sep 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.checked 30 Sep 2026
- Foreign exchange
- Users can enter foreign exchange rates and Cradle converts foreign-currency leases to the applicable functional currency.checked 30 Sep 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.checked 30 Sep 2026
- Lease roles
- Cradle supports both lessee and lessor accounting, including sublease accounting.checked 30 Sep 2026
- Product purpose
- Cradle is a web-based command center that automates lease accounting and compliance reporting.checked 30 Sep 2026
- Reporting
- Reports can be run for individual agreements, companies or consolidated organizations, including balance sheet, income statement, cash flow and disclosure reports.checked 30 Sep 2026
- Security compliance
- Cradle states that it is SOC 2 Type 2 compliant.checked 30 Sep 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.checked 30 Sep 2026
- Standards supported
- The product supports IFRS 16, ASC 842, GASB 87, GASB 96 and FRS 102.checked 30 Sep 2026
- Support
- Cradle says it provides knowledgeable 24/7 customer support along with guides and videos.checked 30 Sep 2026
- Target customers
- Cradle says it can serve organizations with one lease through multinationals managing hundreds of leases across subsidiaries and currencies.checked 30 Sep 2026
The company
- Company ownership
- The site identifies Cradle as a Prophix Company.checked 30 Sep 2026
- Headquarters
- Toronto, Ontario, Canadachecked 28 Sep 2026
Alternatives to Cradle
- 1
LeaseAccounting.app
Free planAndroidiOSWeb7.9From €149 a month - 2
iLeasePro
Free planWebAPI7.4From $149 a month - 3
Planon
AndroidiOSWebAPI6.9 - 4
DebtBook
AndroidiOSWebAPI6.8 - 5
Lucanet
WebAPILinuxSelf-hosted6.8 - 6
ZenTreasury
WebAPI6.8From €799 a month