It cuts down the time spent during an engagement manually extracting information from the company’s accounting software. The speed at which we can pull the data we need to provide more timely, detailed analysis—and then follow up with the client—is extremely beneficial.

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.

Easy to use and easy to teach others how to use