LeaseCrunch Pros and Cons

Easy to use and it has incorporate the accounting literature requirements to eash the documentation of the accounting policies.

It also provides the reference to confirm the accounting treatment to select and document in the lease transactions. Review collected by and hosted on G2.com.

This is not easy to get access to unless the accounting firm refers us to use. Review collected by and hosted on G2.com.

the user experience is teachable and easy to use . the customer support is always available and promptly responds. it has new features and integration that works perfectly. we implemented in 2022 and never looked back. we frequently use this platform for all of our leases for our clients Review collected by and hosted on G2.com.

would want to leverage better insights as a practice to help us leverage and help our clients get better rates Review collected by and hosted on G2.com.

ease of use and useful information for outputs Review collected by and hosted on G2.com.

uploading of large amounts of leases through the worksheet provided by Leasecrunch is not as convenient - would be better if client excel could be used Review collected by and hosted on G2.com.

I enjoy the ease of use of Leasecruch. It is an excellent software specifically for clients that need to continually implement ASC 842 with compliance requirements. Customer support is also excellent for first time users and the interface is also great with auditor compatibility if that applies to your needs. Review collected by and hosted on G2.com.

LeaseCrunch can take time to set up the first time around, but as soon as you have your leases in the program with start and end dates, the rest flows pretty easily. Review collected by and hosted on G2.com.

I appreciate how LeaseCrunch simplifies lease accounting by automating asset tracking and generating accurate journal entries. I use it monthly, and its user-friendly interface and compliance features make the process more efficient while reducing the risk of errors Review collected by and hosted on G2.com.

one area for improvement is its reporting customization. It would be helpful if there were more flexibility to tailor reports to specific business needs Review collected by and hosted on G2.com.

Ability to get my financial reporting and amortization schedules at the click of a button. Review collected by and hosted on G2.com.

It doesn't provide any sort of contract management, but again, I don't need it, so why pay for it? Review collected by and hosted on G2.com.

Maintaining Compliance with accounting codification. It was easy to implement and easy for users to understand. I like the feature added recently that provides email reminders when leases are set to expire. Leasecrunch also allows me to calculate foreign exchange gain/loss on a monthly basis when converting local currency to functional currency. Review collected by and hosted on G2.com.

I have no dislikes. I had all positive experiences with implementing and using LeaseCrunch. Review collected by and hosted on G2.com.

Lease crunch is a user friendly portal. Review collected by and hosted on G2.com.

Ideal to develop multiple lease upload feature, so can be used by big companies as well. Review collected by and hosted on G2.com.

Ease of entering leases, Monthly journal entries and amotization schedules Review collected by and hosted on G2.com.

The password requirements are too lengthy Review collected by and hosted on G2.com.

The information accompanying the inputs is helpful where it will take you directly to the standard. Review collected by and hosted on G2.com.

The journal entry report gets a little cumbersone. Most of our clients book the adjustment at year end so there's a couple manual steps to get the journal entry into an annual adjustment. Review collected by and hosted on G2.com.