What do you like best about Crunchafi Lease Accounting (formerly LeaseCrunch)?
What I like most about Crunchafi is that it takes a complex, highly technical accounting standard and makes it practical and efficient to manage on an ongoing basis. The user interface is intuitive, so it’s easy to enter lease data, review assumptions, and move between entities and leases without a steep learning curve.
The biggest value for me is the quality of the outputs. Crunchafi automatically generates amortization schedules, journal entries, and ASC 842 footnote disclosures that are audit-ready and easy to reconcile back to the general ledger. This has significantly reduced the time our team spends maintaining spreadsheets and manually preparing lease calculations. The system also provides a clear audit trail and revision history, which is especially helpful when working through renewals, modifications, early terminations, and other lease changes.
I also appreciate the ability to collaborate with clients directly through the platform. Rather than exchanging multiple spreadsheets and supporting documents, our team and the client can work from a centralized dashboard. This improves communication, reduces version-control issues, and makes the overall lease accounting process more efficient.
The newer AI-assisted data extraction capabilities are another meaningful enhancement. Being able to upload a lease and have key information extracted automatically speeds up lease setup and reduces manual data entry. For organizations with a large lease population, this can save a substantial amount of time.
From a support and onboarding standpoint, I’ve found the platform to be well designed for accounting professionals. The workflow aligns with how accountants think through lease accounting, and the guidance, training resources, and customer support make implementation straightforward.
Overall, Crunchafi has improved both efficiency and accuracy in our lease accounting engagements. It lets us spend less time on mechanical calculations and more time advising clients on accounting decisions, while providing confidence that the resulting schedules, journal entries, and disclosures comply with ASC 842 requirements. Review collected by and hosted on G2.com.
What do you dislike about Crunchafi Lease Accounting (formerly LeaseCrunch)?
While Crunchafi offers strong lease accounting functionality, there are a few areas where the experience could be improved. Over time, we’ve run into billing and account management issues that required extra follow-up to get resolved. Greater transparency and accuracy in billing would go a long way toward improving the overall customer experience.
I’d also like to see more proactive lease management capabilities, especially automated notifications for upcoming renewals and other critical lease dates. Getting reminders well before renewal windows open would help us review active leases with clients, assess renewal options, and make informed business decisions before contractual deadlines arrive. That kind of functionality would add meaningful value beyond accounting compliance and make the platform feel like a more complete lease management solution.
Overall, the core lease accounting features are solid, but improvements to billing processes and renewal notifications would further boost efficiency and the day-to-day user experience. Review collected by and hosted on G2.com.