Last Updated
Overview
LeaseCrunch is a property management software tailored for lease accounting compliance. Its core offerings encompass simplified lease accounting, audit readiness, and financial reporting, aiding businesses in adhering to the latest lease standards effortlessly. Elevate your financial management and lease compliance with LeaseCrunch and ensure peace of mind. Explore its benefits now!
Overall Rating
Based on 12 users reviews
4.3
Rating Distribution
Positive
83%
Neutral
8%
Negative
8%
Starting Price
Custom
LeaseCrunch Specifications
- Tenant Management
- Lease Management
- Rent Collection
- Maintenance Requests
What Is LeaseCrunch?
Overview
LeaseCrunch property management software is a cloud-based solution designed specifically for lease accounting and management. It caters to a wide range of industries, including finance. By providing comprehensive solutions, LeaseCrunch simplifies complex lease processes, ensures compliance with accounting standards such as ASC 842 and IFRS 16, and offers accurate financial reporting. Its user-friendly interface and robust features help alleviate problems associated with manual data entry, complex calculations, and time-consuming lease tracking.
LeaseCrunch Pricing
LeaseCrunch Integrations
Who Is LeaseCrunch For?
The software is designed for businesses of all sizes across various industries. It is a good fit for companies that need to reduce errors in lease accounting and increase efficiency. It caters to the following industries: real estate, finance, manufacturing and retail.
Is LeaseCrunch Right For You?
With its robust features, LeaseCrunch software simplifies complex lease accounting processes, ensuring compliance with accounting standards such as ASC 842 and IFRS 16. It also enables businesses to optimize cost savings, minimize disruptions, and make informed decisions. It is easy to implement and grows alongside your business needs. Read LeaseCrunch reviews to learn what its users think.
Still not sure if LeaseCrunch is right for you? Get in touch with our customer support team at 661-384-7070, and it will help you make the best decision.
LeaseCrunch Features
Capitalization Reporting
LeaseCrunch helps businesses accurately report their capitalization costs. Users can track and categorize expenses related to property leases and generate detailed reports. This feature ensures compliance with accounting standards and enables businesses to make informed financial decisions.
Asset Lifecycle Management
The software enables users to effectively manage the entire lifecycle of their leased assets. It helps track lease terms, renewal dates, and maintenance schedules, ensuring that businesses stay on top of their lease obligations. This feature streamlines asset management processes, reducing the risk of missed deadlines or unnecessary expenses.
Expense Tracking
Expense tracking is a crucial feature of LeaseCrunch software that enables businesses to monitor and manage their lease-related expenses. Users can input and categorize expenses, such as rent, maintenance, and insurance costs, and generate comprehensive expense reports. This helps businesses analyze their spending patterns and identify cost-saving opportunities.
Critical Dates Alert
This ensures that businesses never miss important lease-related deadlines. Users can set up notifications for lease renewal dates, termination dates, or any other significant events. It helps businesses proactively manage their lease agreements and avoid penalties or missed opportunities.
Amortization Schedule
LeaseCrunch's amortization schedule feature simplifies the calculation and tracking of lease amortization. It helps businesses accurately allocate lease expenses over the lease term, ensuring compliance with accounting regulations. This gives businesses a clear understanding of their lease-related financial obligations and aids in budgeting and forecasting.
Pros And Cons of LeaseCrunch
Pros
Excellent customer support
Customizable
Robust suite of tools
Cons
Slight learning curve
LeaseCrunch Reviews
Total 12 reviews
4.3
All reviews are from verified customers
Rating Distribution
5
Stars67%
4
Stars17%
3
Stars8%
2
Stars0%
1
Stars8%
Share your experience
Hospital & Health Care, 500+ employees
More than a year
“Not worth the money”
Pros
For me, it's not worth investing time or money.
Cons
I found everything about it to be confusing and not intuitive, and it failed the audit.
Rating Distribution
Ease of use
2
Value for money
2
Customer Support
2
Functionality
2
Automotive, 101-500 employees
More than a year
“Easy to use, accurate reporting”
Pros
The product's ease of use facilitates simple setup and seamless adjustments over time.
Cons
Sometimes, it takes a long time for me to download reports from the site.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
10
Banking, 101-500 employees
“Best product to assist in our implementation of the new Lease Accounting rule”
Pros
As we began integrating the software at our Credit Union, we discovered it was quite uncomplicated during the trial period.
Cons
I'm not sure how to account for or where to input rent abatements, but the support team can assist with this.
Rating Distribution
Ease of use
9
Value for money
10
Customer Support
10
Functionality
10
Frequently Asked Questions
What type of pricing plans does Leasecrunch offer?
Please click ‘Get Pricing’ for a customized pricing plan.
Who are the typical users of Leasecrunch?
The typical users of LeaseCrunch are the retail, manufacturing, real estate and finance industries.
What languages does Leasecrunch support?
LeaseCrunch supports English.
Does Leasecrunch support mobile devices?
Yes, LeaseCrunch supports Android and iOS devices.
Does Leasecrunch offer an API?
No, LeaseCrunch does not offer API.
What other apps does Leasecrunch integrate with?
Watch a free LeaseCrunch demo to learn about its integrations.