FinQuery is a lease management software that streamlines the processes required for GASB 87 and GASB 96 compliance. The software minimizes the risk of inaccurate financial statements, reduces the time spent by staff on lease accounting, and minimizes out of scope audit fees associated with GASB 87 and GASB 96 compliance. This is a sole source item as it was implemented by the Commission in 2024, is still currently in use, and is also used by the Commission’s external financial audit team which allows the audit team to interface with the Commission’s software which will also save time and minimize additional audit expenses.

Approval

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