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!

LeaseCrunch Specifications

  • Tenant Management
  • Lease Management
  • Rent Collection
  • Maintenance Requests

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.

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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.

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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.

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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.

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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.

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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

Stars

67%

4

Stars

17%

3

Stars

8%

2

Stars

0%

1

Stars

8%

Share your experience

M
Mindi

Healthcare, 500+ employees

More than a year

1.0

“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

P
Patrick

Automotive, 101-500 employees

More than a year

5.0

“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

F
Fredie

Banking, 101-500 employees

5.0

“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.