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LeaseCrunch is a cloud-based lease accounting software designed to help CPA firms and enterprises automate complex calculations and ensure compliance with ASC 842, GASB 87, and IFRS 16 standards.
LeaseCrunch simplifies the complex world of lease accounting by automating the transition to new standards like ASC 842 and GASB 87. You can manage your entire lease portfolio in a secure, cloud-based environment that handles everything from initial data entry to final financial reporting. The platform is built by former standard-setters and auditors, ensuring that your calculations are accurate and audit-ready from day one.
You can significantly reduce the time spent on manual spreadsheets and decrease the risk of human error. Whether you are an accounting firm managing hundreds of clients or a private company with a growing lease portfolio, the software provides the tools you need to generate journal entries and disclosure reports in minutes. It focuses on a streamlined wizard-based interface that guides you through every step of the compliance process.
Stop struggling with complex spreadsheets and manual calculations. LeaseCrunch provides a guided, automated approach to lease accounting that ensures your financial statements stay compliant with the latest standards.
Generate accurate amortization schedules and journal entries instantly without performing manual math or building complex formulas.
Follow a simple step-by-step interface that guides you through data entry to ensure you never miss a required field.
Export comprehensive disclosure reports and journal entries directly to Excel or your ERP system to satisfy auditor requirements.
Set up your accounting policies once and apply them across your entire portfolio to maintain consistency and save time.
Manage lease modifications, renewals, and terminations easily with a system that automatically recalculates the impact on your books.
Switch between ASC 842, GASB 87, GASB 96, and IFRS 16 standards within a single platform to meet diverse reporting needs.
LeaseCrunch typically uses a volume-based pricing model tailored to the number of leases you need to manage. While they don't post a public 'per-month' sticker price, you can request a custom quote or a demo to see how the costs scale with your specific portfolio size.
Based on feedback from accounting professionals and CPA firms, here is what you can expect when using LeaseCrunch for your compliance needs:
Perfect for CPA firms managing multiple client entities and mid-market companies needing to automate ASC 842 or GASB 87 compliance quickly.
LeaseCrunch is a top-tier choice if you need to move away from spreadsheets and ensure 100% compliance with modern lease standards. It is particularly valuable for CPA firms because it allows you to manage multiple clients under one roof with a very short learning curve.
While the lack of transparent public pricing means you have to talk to sales first, the time saved on audit preparation usually outweighs the cost. Highly recommended if you want a balance between powerful automation and a simple, user-friendly interface.
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