Top 20 CPA Firm Customer Acquisitions & Product Features Drive Growth

LeaseCrunch, a cloud-based lease accounting software company, announced significant growth this quarter, highlighted by the acquisition of two Inside Public Accounting Top 20 CPA firm customers and the introduction of new product features designed to simplify lease accounting for CPA firms and their clients.

Ane Ohm, LeaseCrunch CEO, stated: “We are overjoyed to welcome two top 20 firms to our client roster. The company has been focused on showing CPA firms the value in providing simple lease accounting solutions to their clients, and these two firms will be part of leading the way for the rest of the industry.”

Recent enhancements to the LeaseCrunch platform provide CPA firms with additional options for managing client accounts:

• ​Product Selection: Firms can set up a client account to account for all of a client's leases (LeaseCrunch) or to audit a sample of a client's leases (LeaseCrunch Verify).
• ​Direct Billing: LeaseCrunch can now directly bill clients, a feature selectable by the CPA firm within the software during client account setup.

Timothy Kohler, Chief Product Officer at LeaseCrunch, commented: “LeaseCrunch was specifically designed to help CPA firms and their clients simplify the new lease standard whether they have one lease or thousands of leases. We remain dedicated to continuously innovating and creating new ways to provide CPA firms a comprehensive, yet easy-to-use solution for implementing the new lease accounting standard.”

LeaseCrunch reports a 99 percent retention rate among its customers, underscoring the platform's ease-of-use, cost effectiveness, and accuracy for lease accounting.