Crunchafi Lease AccountingCrunchafi
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About
Crunchafi Lease Accounting automates complex lease accounting processes for CPA firms, finance teams, and organizations managing multiple leases. The software simplifies compliance with ASC 842, GASB 87, 94, 96, and IFRS 16 standards, ensuring accurate reporting every time. Users can instantly generate journal entries, amortization schedules, and footnote disclosures—all audit-ready in minutes. Built-in AI lease abstraction automatically extracts key details like terms, start and end dates, and asset data directly from lease contracts. Dual Access functionality allows firms and clients to collaborate securely from a single dashboard, eliminating version control issues and spreadsheet confusion. With SOC 1 Type II and SOC 2 Type II certification, Crunchafi provides the highest level of data integrity and compliance assurance.
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About
Lease102 is a lease accounting software designed for compliance with FRS 102 Section 20. It automates the accounting process using AI-powered data extraction, calculations, journal entries, and disclosure reports. Built for UK and Ireland businesses, this system utilizes native FRS 102 logic rather than adapting IFRS 16 standards.
The platform extracts key data from lease documents using AI technology, reducing manual input errors. Its calculation engine utilizes Bank of England SONIA and ECB €STR rates to determine appropriate discount rates. The system maintains a comprehensive seven-year audit trail that documents all lease modifications and calculations. Additional features include team collaboration tools, lease modification handling, expiration alerts, multi-currency support, and ERP integration options.
Lease102 provides enterprise-grade security with AES-256 encryption, TLS 1.3 protocols, and data storage in UK/EU jurisdictions, ensuring GDPR compliance and data protection.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
CPA firms, corporate finance teams, and government or enterprise accounting departments seeking an AI-driven, compliant, and collaborative lease accounting solution that automates reporting, reduces manual work, and ensures audit-ready precision
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Audience
All UK and Ireland companies (which are not classified as Micro entities) who require to report their Balance Sheet
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Pricing
No information available.
Free Version
Free Trial
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Pricing
from £20 per month
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationCrunchafi
Founded: 2016
United States
www.crunchafi.com
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Company InformationLease102
Founded: 2025
lease102.co.uk
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Categories |
Categories |
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Lease Accounting Features
Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management
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Lease Accounting Features
Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management
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Integrations
Microsoft Dynamics 365
Sage 200
Sage 50
Xero
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