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What is Crunchafi Lease Accounting?

Crunchafi Lease Accounting—formerly LeaseCrunch—is a powerful, cloud-based platform that simplifies lease compliance for firms and enterprises alike. It automates every stage of the lease accounting process, enabling teams to generate accurate ASC 842, GASB 87/94/96, and IFRS 16-compliant reports without manual spreadsheets or complex calculations. Users can upload lease documents, and Crunchafi’s AI lease abstraction automatically identifies critical details such as terms, renewal options, start/end dates, and asset classifications. The system then produces audit-ready journal entries, amortization schedules, and footnote disclosures in just a few clicks. With Dual Access, firms and clients collaborate securely from one dashboard, ensuring data consistency and eliminating redundant work. Annual SOC 1 Type II and SOC 2 Type II reports verify the platform’s commitment to secure, accurate, and transparent financial reporting. Crunchafi also provides comprehensive training and support, including resources from CPAs, Big Four auditors, and financial software experts. Its intuitive workflows shorten implementation time and minimize errors, allowing firms to save hours per engagement. Whether managing a few leases or thousands, Crunchafi scales effortlessly to fit your organization’s needs. With automation at its core, it transforms lease accounting from a manual burden into a strategic advantage.

What is Arvexi?

Arvexi is an advanced lease accounting solution that utilizes cutting-edge artificial intelligence to enhance and automate all phases of lease management. Users can effortlessly upload their lease documents in PDF format, while the AI adeptly extracts pertinent clauses, organizes various documents, creates amortization schedules, generates journal entries, and composes audit-ready reports, all while ensuring compliance with ASC 842, IFRS 16, and GASB 87/96 regulations. Among its standout features are sophisticated Document Intelligence for AI-powered extraction and source verification, adherence to a wide array of accounting standards, an auditor portal that provides read-only access for external auditors, and a specialized Extraction Service that delivers structured data in eight distinct native formats, including CoStar, LeaseQuery, Oracle FBDI, and SAP RE-FX. The platform was crafted by a team of former engineers from OpenAI and Google who are dedicated to equipping accountants with tools that exceed the capabilities of traditional spreadsheets. With its pioneering methodology, Arvexi aspires to transform lease accounting practices, significantly boosting both efficiency and precision in the financial reporting landscape, ultimately leading to better decision-making for businesses. This commitment to innovation positions Arvexi as a leader in the evolving field of lease management technology.

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Integrations Supported

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Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Contact for pricing
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Crunchafi

Date Founded

2016

Company Location

United States

Company Website

www.crunchafi.com

Company Facts

Organization Name

Arvexi, Inc.

Date Founded

2026

Company Location

United States

Company Website

www.arvexi.com

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management

Categories and Features

Lease Accounting

Not specified

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