Our Software LeaseCrunch, the fastest and easiest lease accounting software on the market, is a comprehensive, cloud-based solution. LeaseCrunch helps organizations implement the new lease accounting standards, ASC 842, GASB 87, GASB 96, and IFRS 16.
Our Team The team at LeaseCrunch® is made up of CPAs, former Big 4 public accounting auditors, software development veterans and a former member of the FASB staff. We are headquartered in the Greater Milwaukee Area, where the long Wisconsin winters give us more time to focus on improving lease accounting.
Crunching the Numbers We chose “Crunch” to be part of our name in order to convey our ability to ‘crunch the numbers so you don’t have to.’ We put a ton of work into simplicity of design in order to minimize the time the user needs to be in the software, get all their lease crunching done and produce all the necessary reports. Also, since ‘crunching the numbers’ is a common joke about accountants, we thought it was an ode to our culture to keep things light and poke fun at ourselves, while building serious enterprise software that solves a real need in the marketplace.
Knowing the tremendous fee pressure on CPA firms, our solution is essentially an ‘audit in a box’ for lease accounting. The LeaseCrunch® deliverables reduce the time it takes clients to prepare for an audit and reduce the time it takes CPA firms to perform the audit. We make CPA firms and their clients happy with the efficiency that they can achieve.
We knew that each company’s desire for their CPA’s involvement would vary significantly, from accounting outsourcing to DIY clients. To accommodate the spectrum, our single interface allows the CPA firm to either act in a bookkeeping capacity or easily invite and hand off the bookkeeping role to their clients. LeaseCrunch® is designed to accommodate the needs for companies with large, complex portfolios, while still being a cost-effective solution for companies with as little as 1-5 leases, who most likely have an office lease material enough requiring full implementation.
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