Crunchafi Lease Accounting (formerly LeaseCrunch)
Lease accounting software
Real estate software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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Pay-as-you-go
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Small
Medium
Large
- Education and training
- Public sector and nonprofit organizations
- Banking and insurance
What is Crunchafi Lease Accounting (formerly LeaseCrunch)
Crunchafi Lease Accounting (formerly LeaseCrunch) is a lease accounting application designed to help organizations manage lease data and produce accounting outputs aligned to lease accounting standards such as ASC 842 and IFRS 16. It is used by accounting and finance teams to centralize lease contracts, calculate right-of-use assets and lease liabilities, and support period-end reporting and disclosures. The product emphasizes lease accounting workflows and reporting rather than broader real estate portfolio, facilities, or IWMS capabilities.
Focused ASC 842/IFRS 16 workflows
The product is purpose-built for lease accounting, including capturing key contract terms and producing calculations needed for right-of-use assets and lease liabilities. This focus can reduce reliance on spreadsheets for compliance-oriented processes. It fits organizations that primarily need accounting compliance rather than a full real estate or facilities management suite.
Centralized lease data repository
It provides a structured place to store lease records and related attributes used in accounting calculations. Centralization supports consistency across locations and business units and helps reduce version-control issues common in spreadsheet-based processes. It also supports audit readiness by keeping lease inputs and outputs in one system.
Accounting-oriented reporting outputs
The system is designed to generate schedules and reports used for monthly close and financial statement support. This includes outputs that finance teams typically need for journal entry support and disclosure preparation. Compared with broader real estate systems, the reporting emphasis is oriented toward accounting deliverables rather than operational space or maintenance metrics.
Limited real estate operations depth
While it can store lease information, it is not positioned as a full real estate management or IWMS platform. Organizations needing space management, facilities work management, or complex portfolio analytics may require additional systems. This can lead to parallel tools for real estate operations outside the accounting function.
Integration scope may vary
Lease accounting tools often require integrations to ERP/GL, AP, and procurement systems for end-to-end automation. The breadth of prebuilt connectors and the effort to implement integrations can vary by customer environment. Some organizations may still need manual imports/exports or middleware to meet close timelines.
May not fit highly complex portfolios
Enterprises with very large lease volumes, multi-entity structures, or specialized lease scenarios may require advanced configuration, controls, and workflow features. Depending on requirements, teams may need additional process design to handle exceptions and approvals. Complex global reporting and governance needs can increase implementation and ongoing administration effort.
Plan & Pricing
Pricing — CPA Firms
| Plan | Price | Key features & notes |
|---|---|---|
| Starter | $200 / lease | Pay-as-you-go; $0 to get started with no other fees; for firms managing small lease portfolios; unlimited journal entries, amortization schedules, and footnote reports included. |
| Professional | $1,200 for up to 8 leases (≈ $150/lease for first 8); $150/lease after 8 leases | $1,200 upfront commitment for 8 leases; $150 per additional lease after 8; advertised savings of $50/lease vs Starter for these leases; for mid-size lease portfolios. |
| Enterprise | Custom pricing (8+ leases) | Flexible billing options and terms; contact sales for pricing; for firms with larger or complex portfolios. |
Pricing — Companies
| Plan | Price | Key features & notes |
|---|---|---|
| Starter | $300 / lease | Pay-as-you-go; $0 to get started with no other fees; ideal for companies managing smaller lease portfolios. |
| Professional | $2,000 for up to 8 leases (≈ $250/lease for first 8); $250/lease after 8 leases | $2,000 upfront commitment for 8 leases; $250 per additional lease after 8; advertised savings of $50/lease vs Starter for these leases; for mid-size organizations. |
| Enterprise | Custom pricing (8+ leases) | Flexible billing options and terms; contact sales for pricing; ideal for organizations with complex, large, or growing lease portfolios. |
Other pricing notes (official site):
- Add-on: Unlimited lease audit trail data is available for $180/year per client; the past 90 days of lease audit trail data are always available for free.
- Billing: Leases are billed on a per-lease basis; invoices use a Client Anniversary Month and annual renewal structure; prorated invoices are issued for leases added mid-cycle. (See vendor billing details.)
