Crunchafi | Lease Accounting & Data Extraction
Crunchafi offers intuitive SaaS solutions for CPAs that automate lease accounting and financial data extraction, providing dual-access, audit-ready reports, standardized Excel outputs, and compliance with major accounting standards to streamline workflows, increase firm capacity, and enhance client relationships through secure, customizable, and user-friendly software with comprehensive support.
Crunchafi eliminates tedious manual lease accounting and data extraction for accounting and financial professionals.
Products
Intuitive SaaS solutions, built for CPAs
Explore our products, designed to streamline operations, improve accuracy, and scale with your accounting and financial needs.
Lease Accounting
Simplify complex calculations with Crunchafi’s Lease Accounting software. Both CPA firms and clients can access the software to easily generate required reports and ensure compliance with all lease accounting standards.
Features:
- Dual access
- Audit-ready reports
- Client and firm support
- SOC 1 Type II and SOC 2 Type II reports
Data Extraction
Spend less time formatting and more time analyzing. Extract, normalize, validate, enrich, and deliver data directly from your client’s accounting system or ERP in a standardized Excel workbook with Crunchafi’s financial Data Extraction software.
Features:
- Instant financial data
- Standardized outputs in Excel
- Customizable mapping
- Global security standards
Build client relationships, not spreadsheets
Crunchafi’s products take manual work off accounting and financial professionals’ plates so they can focus on strategic growth and client satisfaction.
Increase firm capacity
Save time by reducing manual data extraction, lease compliance, and cash flow forecasting work.
White-glove support
Empower client success with top-notch customer support, onboarding, training, in-app wizards, and thought leadership resources.
Client consistency
Unify workflows, integrate data, and maintain client data accuracy with standardized Excel formatting.
Effortless compliance
Easily manage compliance and navigate the constantly evolving accounting standards of ASC 842, GASB 87, 94, 96, and IFRS 16.
Intuitive products
Work with easy-to-use products that make the lives of busy accounting and financial professionals simple from the start.
Built to scale
Tackle complex engagements, serve more clients, and grow confidently without sacrificing ease or accuracy.
Need some proof?
Join thousands of accounting pros who trust Crunchafi.
- 750+ CPA firms as customers
- 8-15 hours saved on data extraction
- 10 Alliance partners
- 27,000+ companies
- 4.8 Stars on G2
Testimonials
What we’ve heard
Here’s why accounting and financial professionals choose Crunchafi.
"I've implemented a lot of software for the firm in my role. Crunchafi’s Lease Accounting software is without a doubt the easiest one I've implemented and the only one that didn't cause me at least some level of stress during the process. It simply made my life better from the start."
— Brett B., Director of Assurance, Perry & Associates CPAs
ProNexus knew that if clients tried to manually use spreadsheets, even for a small lease portfolio, it would be time consuming and introduce the risk of inaccuracies now and in the future.
Unpack how Crunchafi's Data Extraction software helped the Kroll team achieve their goal of improved margins and work quality through automation.
"Crunchafi’s financial Data Extraction software is the breakthrough tool we use to better understand customers and deepen that relationship by providing a secure, simple, and easy way for customers to share their information."
— Duane G., President and COO, Tribal
Learn how Crunchafi's Lease Accounting software streamlined the lease accounting process and saved the firm valuable time.
This case study highlights how top 100 CPA firm PKF O'Connor Davies used LeaseCrunch to ensure quality and consistency while complying with ASC 842 and passing savings on to their clients.
Helpful resources on accounting and finances
- Getting It Right the First Time: Lease Setup & Data Entry Best Practices
- FRS 102 Section 20 Short-Term and Low-Value Lease Exemptions: A Practical Guide for Chartered Accountancy Firms
- AI in Financial Due Diligence: What Accounting and Deal Teams Actually Use
Automate your accounting processes today
See Crunchafi’s suite of intuitive financial and accounting products in action and spend less time buried in spreadsheets.
Related
Lease Accounting Software
Crunchafi is a lease accounting software designed for CPA firms that automates complex lease accounting tasks by enabling collaborative data entry via a dual-access dashboard, generating instant audit-ready reports including journal entries and amortization schedules, utilizing AI to extract lease details from contracts for faster accuracy, and providing expert support and annual SOC compliance reports to ensure streamlined, compliant, and efficient lease accounting processes.
Sample Lease Accounting Reports
The Sample Lease Accounting Reports provide various exportable report types—including Journal Entries, Amortization Schedules, Footnote Disclosures, and All Lease Data—across ASC 842 Lessee and Lessor, GASB 87 Lessee and Lessor, and GASB 96 standards, each export featuring three tabs (Data, Criteria, and Lease) to display selected data, filters, and lease details, with some reports offering functional currency translation options.
About Crunchafi
Crunchafi, formed in 2024 from the merger of LeaseCrunch and Finagraph, provides intuitive software solutions that help over 750 CPA firms and 27,000 companies streamline complex lease accounting, automate real-time financial data collection and analysis, improve workflow efficiency, and strengthen client relationships, earning a 4.8-star rating on G2 and partnering with 10 alliances to support accounting and financial professionals worldwide.
In the News: FASB Releases 2022 GAAP Taxonomy
The Financial Accounting Standards Board (FASB) released its 2022 GAAP Taxonomy update, introducing new reporting elements such as credit losses excluding accrued interest, reinsurance contracts, pledged assets, debt obligations with recourse, changes in reporting entity, balance sheet offsetting, and financial statement location clarifications, while also deprecating obsolete guidance, refining labels, and modifying references to enhance clarity and usability for accounting and financial reporting.
Accounting Today names LeaseCrunch® as a top new product of 2019
Accounting Today named LeaseCrunch®, a lease accounting software developed by former CPA auditors and designed as an "audit in a box," as a top new product of 2019 for its customizable, user-friendly interface that simplifies compliance with new lease accounting standards, supports both CPA-led and client-managed bookkeeping, and includes features like audit guidance wizards, FASB and IFRS templates, and automated disclosures to efficiently handle complex lease portfolios.
Crunchafi Lease Accounting Tools
Crunchafi Lease Accounting Tools offers a suite of resources including readiness assessments for new lease standards and GASB 96, ASC 842 preparation checklists, lease review checklists for office and vehicle leases, and an embedded lease identifier to help organizations comply with lease accounting requirements.