Audience
CPA firms, corporate finance teams, and government or enterprise accounting departments seeking an AI-driven, compliant, and collaborative lease accounting solution that automates reporting, reduces manual work, and ensures audit-ready precision
About Crunchafi Lease Accounting
Crunchafi Lease Accounting automates complex lease accounting processes for CPA firms, finance teams, and organizations managing multiple leases. The software simplifies compliance with ASC 842, GASB 87, 94, 96, and IFRS 16 standards, ensuring accurate reporting every time. Users can instantly generate journal entries, amortization schedules, and footnote disclosures—all audit-ready in minutes. Built-in AI lease abstraction automatically extracts key details like terms, start and end dates, and asset data directly from lease contracts. Dual Access functionality allows firms and clients to collaborate securely from a single dashboard, eliminating version control issues and spreadsheet confusion. With SOC 1 Type II and SOC 2 Type II certification, Crunchafi provides the highest level of data integrity and compliance assurance.
Other Popular Alternatives & Related Software
Black Owl
Black Owl Systems offers advanced lease accounting software that streamlines lease management and ensures compliance with FASB ASC 842, IASB IFRS 16, and ASPE Section 3065. It features automated calculations, multi-currency support, comprehensive lease tracking, and robust reporting tools, enhancing efficiency and compliance.
Key Features of Black Owl Systems software
-Streamlines lease accounting, significantly reducing staff involvement.
-Supports FASB ASC 842, IASB IFRS 16, and ASPE Section 3065 standards.
-Automates calculations and postings with auditable journal entries.
-Provides compliance with US GAAP, IFRS, and ASPE accounting standards.
-Features multi-currency support with daily rate imports and month-end calculations.
-Allows allocation of lease costs to multiple centers, ventures, and objects.
Offers reliable audit trails for each lease change and full visibility of journal entries.
-Supports multiple companies and coding structures for multi-entity managemen
Learn more
Innago
Innago is a free and easy-to-use property management solution. Whether you have 1 unit or 1000, student housing, or commercial properties, Innago is built for you. Our software is designed to save you time and money, so you can spend more time doing the things that matter most.
Our mission is to make renting simple, accessible, & affordable for landlords of any size. Too many alternatives are expensive & overwhelming, turning a "solution" into a problem.
Innago allows you to easily: collect rent, screen tenants, list properties, manage work orders, create applications, sign leases, organize financials, communicate with tenants, & much more!
Learn more
FinQuery
FinQuery is a unified accounting automation platform that transforms how finance teams manage leases, contracts, and accruals. Designed for compliance with FRS 102, ASC 842, IFRS 16, GASB 87/96, and SFFAS 54, FinQuery streamlines the journey from document to ledger. The platform automates amortization schedules, journal entries, and disclosure reports while centralizing financial data in one secure, auditable system. With modules for Lease Accounting, Prepaid & Accrual Accounting, and Contract Management, FinQuery reduces manual effort and ensures consistency across every process. Its AI-driven document abstraction and built-in validation improve accuracy and audit readiness, empowering teams to close books faster with confidence. Trusted by 8,000+ organizations worldwide, FinQuery helps accounting teams simplify compliance and make smarter, data-driven financial decisions.
Learn more
Lease Insight
Lease Insight is a highly efficient lease management solution to simplify compliance with ASC 842 and IFRS 16. It boasts 117,000 users in 4,500 companies of all sizes and all sectors spread in 113 countries. 100% of them are repeat customers.
Its content was developed by CFOs and CPAs specialized in ASC 842 and IFRS 16.
☑ CFOs will enjoy its elevated simulation and reporting features to optimize the management of their debts across various scenarios.
☑ CPAs will appreciate its high level of productivity as well as the ability to manage and organize their accounting firm.
☑ Auditors will benefit from its high level of reliability, traceability and its document management that guarantee compliance.
☑ Everyone will benefit from its ease of use and user-friendly multi-currency management, its ability to digitalize all management processes as well as its highly collaborative and multi-lingual features.
Learn more
Integrations
No integrations listed.
Company Information
Crunchafi
Founded: 2016
United States
www.crunchafi.com
Videos and Screen Captures
Other Useful Business Software
Powerful App Monitoring Without Surprise Bills
Tired of monitoring tools that punish you for scaling? AppSignal offers transparent, predictable pricing with every feature unlocked on every plan. Track errors, monitor performance, detect anomalies, and manage logs across Ruby, Python, Node.js, and more. Trusted by developers since 2012 with free dev-to-dev support. No credit card required to start your 30-day trial.
Product Details
Platforms Supported
Cloud
Training
Documentation
Live Online
Webinars
In Person
Support
Phone Support
Online
Crunchafi Lease Accounting Frequently Asked Questions
Crunchafi Lease Accounting Product Features
Lease Accounting
Amortization Schedule
Asset Management
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Billing & Invoicing
Budgeting & Forecasting
Tax Management
