LeaseCrunch

LeaseCrunch is lease accounting software from the company of the same name headquartered in Milwaukee, and is a cloud-based solution. LeaseCrunch helps organizations implement the new lease accounting standards, ASC 842, GASB 87, GASB 96, and IFRS 16.

LeaseCrunch includes step-by-step wizards, automatic calculations and automated quantitative footnote disclosures, so users comply with the tricky nuances of the new lease standard with less work. The interface allows simultaneous client and CPA firm access for collaboration on implementation and ongoing lease accounting support.

Alternately, LeaseCrunch Verify is a source for lease accounting calculations, an application that aims to reduce the hours required to audit the lease standard, giving a firm better economies of scale.