LeaseCrunch is an innovative, cloud-based lease accounting solution designed to simplify the complexities of modern regulatory requirements. Built with the specific needs of CPA firms and their clients in mind, LeaseCrunch streamlines compliance with ASC 842, GASB 87, GASB 96, and IFRS 16, ensuring businesses manage their leases from data entry to audit-ready reporting with ease.

What Makes LeaseCrunch Stand Out?

LeaseCrunch features an intuitive interface featuring in-app wizards and comprehensive technical guidance, which allow users to quickly input lease data and generate detailed reports within minutes. The dual access feature encourages seamless collaboration between CPA firms and their clients, eliminating version control issues and communication barriers. This robust solution was developed by a team of experienced professionals, including CPAs, former Big Four auditors, and a former FASB staff member, bringing unmatched expertise to the product.

Key Features and Benefits

• User-Friendly Design: The guided, step-by-step process simplifies the transition from manual processes or spreadsheets, reducing the time required to accurately manage lease accounting.
• Automation and Efficiency: LeaseCrunch automates critical elements such as journal entry reporting, lease data management, and footnote disclosures, allowing firms to focus on strategic tasks rather than routine data processing.
• Robust Integration: With seamless compatibility with real estate management solutions and ERP systems, LeaseCrunch ensures that all your lease data can be centralized for comprehensive financial oversight.
• Regulatory Compliance: Designed for strict adherence to accounting standards, LeaseCrunch equips companies with the technical tools needed for staying audit-ready and compliant with evolving regulations.
• Real-Time Collaboration: Dual user access allows both CPA firms and their clients to work together effortlessly, ensuring that updates and amendments occur in real time.

Who Benefits from LeaseCrunch?

LeaseCrunch is ideally suited for:

• CPA firms seeking to reduce manual errors and shorten the lease accounting process.
• Controllers, accountants, and CFOs who require fast, reliable consolidation of lease data.
• Organizations of all sizes that need to remain compliant with complex lease accounting standards while maintaining accessibility and control.

By automating critical aspects of lease data and reporting, LeaseCrunch significantly reduces complexity and fosters operational efficiency. Explore more about this leading solution in the Compliance and Reporting category, where businesses find powerful tools to handle today’s challenges in financial management.

For exclusive offers, visit the LeaseCrunch deals page and see how the product can streamline your compliance processes.

Alternatives to consider include Visual Lease and ResMan, which offer additional options for robust lease accounting and management solutions.