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Ratings and Reviews 0 Ratings

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ease
features
design
support

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What is Soft4Lessee?

The transition from conventional accounting practices to the revised standards of IFRS 16, AASB 16, and ASC 842 introduces several hurdles for companies, such as adhering to new compliance requirements, the necessity for detailed data gathering and processing, and the heightened complexity faced by accountants. Instead of depending on obsolete lease calculators, organizations should explore modern, streamlined, and intuitive lease accounting software designed specifically to align with IFRS 16, AASB 16, and ASC 842 guidelines. Our cutting-edge lease accounting platform not only simplifies workflows but also offers remarkable adaptability and flexibility to cater to various organizational demands. Whether you are part of a SaaS enterprise or any other type of business, the Soft4Lessee accounting solution improves lease management, making it quicker, more economical, and significantly easier to handle. Additionally, our software enables automation of multiple processes, facilitates seamless data import and export with Microsoft Excel, and supports integration with XML and various other formats, ultimately enhancing operational efficiency and precision. This holistic solution guarantees that your organization stays compliant while refining its lease accounting processes, paving the way for future growth and adaptability in a rapidly changing regulatory landscape. Hence, investing in advanced lease accounting software is a strategic move that can greatly benefit businesses in the long run.

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.

Media

Media

Integrations Supported

NetSuite
SAP Business One

Integrations Supported

NetSuite
SAP Business One

API Availability

Has API

API Availability

Has API

Pricing Information

$99 per month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Soft4Lessee

Date Founded

2008

Company Location

Lithuania

Company Website

soft4lessee.com

Company Facts

Organization Name

Crunchafi

Date Founded

2016

Company Location

United States

Company Website

www.crunchafi.com

Categories and Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Lease Accounting

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

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Categories and Features

Lease Accounting

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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