Discover the Difference

NetLease vs. LeaseCrunch

Lease accounting and lease management can be challenging with evolving standards like ASC 842. NetLease streamlines compliance and reporting with automation and our AI-driven lease creation tool. Plus, it connects to NetAsset, a new module for fixed asset accounting and management. Request a demo!

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$0

/year
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What’s Included:

Unlimited users

Journal entry reports

Management reports (roll-forward, waterfall, etc.)

Asset build-ups, revaluations, and disposals

Standard and custom depreciation schedules

Alternate tax schedules

Account mapping by asset types

Bulk processing

AI-powered import of asset transactions

CoPilot powered by OpenAI

QuickBooks integration

Tax reporting and ERP system integration

Document and CSV uploads

Detailed audit trail

Essential

1-10 leases

Free

What’s Included:

Unlimited users

U.S. GAAP compliant

IFRS compliant

GASB compliant

Amortization schedules

CoPilot powered by OpenAI

Lease abstraction
powered by OpenAI

Lease modifications

Early terminations

Management reports

Journal entry reports

Disclosure reports

Pro

Thank you! Your submission has been received!
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$0

/year
Get Started

What’s Included:

Unlimited users

U.S. GAAP compliant

IFRS compliant

GASB compliant

Amortization schedules

CoPilot powered by OpenAI

Lease abstraction
powered by OpenAI

Lease modifications

Early terminations

Management reports

Journal entry reports

Disclosure reports

Enterprise

250+ leases

Contact us

Get Started

What’s Included:

Unlimited users

U.S. GAAP compliant

IFRS compliant

GASB compliant

Amortization schedules

CoPilot powered by OpenAI

Lease abstraction
powered by OpenAI

Lease modifications

Early terminations

Management reports

Journal entry reports

Disclosure reports

Smiling accountant

NetLease vs. LeaseCrunch: Discover the difference of a complete, seamless accounting solution

While LeaseCrunch originally focused on providing solutions for accounting firms, NetLease stands out by serving a larger market, offering broader capabilities, flat-rate pricing, AI-powered lease creation, and seamless ERP integration—making it ideal for accounting firms and businesses of all sizes.

NetLease offers a dynamic three-tier subscription pricing model, with a free option to manage up to ten leases. The service includes support for lease abstraction, GAAP, GASB, and IFRS compliance, along with an automated amortization schedule. 

For enterprises or accounting firms managing more than 250 leases for their business or across their clients’ portfolios, NetLease provides a cost-effective solution, available upon custom request. 

Each NetLease subscription includes:

  • Unlimited users
  • U.S. GAAP compliance
  • IFRS compliance
  • GASB compliance
  • Amortization schedules
  • CoPilot powered by OpenAI
  • Lease abstraction powered by OpenAI
  • Lease modifications
  • Early terminations

Ultimately, NetLease offers more robust features than LeaseCrunch. It streamlines operations, and its pricing model makes it highly cost-effective. NetLease is simply unmatched in delivering the best leasing solutions to users, backed by its professional accounting team. 

NetLease also continues to deliver cost-efficient services to businesses and even has a free option that can be used by an unlimited number of users, allowing management of up to ten leases. In contrast, LeaseCrunch charges per lease, which can quickly become expensive for larger portfolios.

NetLease LeaseCrunch
Flat-fee model—cost-effective, regardless of lease volume Charges per lease—higher overall cost for large portfolios
Renowned for exceptional customer service with seamless go-live implementation and ongoing support. Backed by former Big 4 accountants Smaller support team with limited accounting expertise. Customer service has a weaker reputation
✅ Offers two versions: one fully embedded in NetSuite and another designed for any ERP, providing flexibility for different systems ❌ No ERP integration
✅ Utilizes AI-powered assistants for enhanced efficiency and effectiveness. AI-powered lease abstraction makes lease creation quick and easy. ❌ No AI capabilities
Offers both lease accounting and fixed asset accounting Focuses exclusively on lease accounting

Discover why teams choose NetLease for simplified lease accounting

NetLease is the ultimate solution for anyone who needs lease management software. It’s simple, intuitive, and efficient, staying ahead of ongoing compliance and ever-evolving standards. NetLease is built to fit seamlessly into your existing systems, and there’s also a fully embedded NetSuite-native version, verified by Big 4 accountants—but that’s not all NetLease delivers.

NetLease offers:

  • Automated ASC 842 compliance: NetLease automates compliance with ASC 842 and GASB 87 and 96. It also supports compliance with IFRS 16 and FRS 102. NetLease simplifies right-of-use asset adjustments with automated amortization schedules, ensuring accurate depreciation and liability tracking.
  • Audit-ready disclosures: NetLease generates audit-ready disclosures to streamline reporting. It also automates disclosure tables for various accounting standards and offers comprehensive lease management tools to make compliance effortless.
  • Single-click journal entries: NetLease minimizes errors by enabling single-click journal entries. This eliminates the need for double-checking and saves time in lease management, so your team can focus on what matters most.
  • Fixed asset accounting: Unlike LeaseCrunch, Netgain’s solutions go beyond lease accounting. Netgain also offers a fixed asset accounting and management module that seamlessly integrates with our lease accounting module, providing companies with a broader range of functionalities to better serve their clients and manage their business.
  • AI tools: Netlease offers AI-powered lease abstraction for quick lease creation from contracts, plus an AI assistant to help with lease accounting questions and navigating the platform.

Explore how NetLease can transform your lease accounting experience.

More about LeaseCrunch 

What does LeaseCrunch do?

LeaseCrunch is software designed specifically for lease accounting. LeaseCrunch has primarily catered to CPA firms and fractional CFOs, which was its main advantage. However, this has narrowed its scope by not fully understanding the end-user organizations. LeaseCrunch also charges higher prices, charging per lease instead of offering a flat fee, making it less cost-effective for businesses with larger lease portfolios. Additionally, LeaseCrunch lacks ERP integration and has no AI capabilities, limiting its efficiency.  

Does LeaseCrunch offer good customer service?

While LeaseCrunch provides standard customer service, Netgain's customer service team is known for its exceptional responsiveness and hands-on assistance.

In fact, as Katie from Mariani Premier Group shares, "The Netgain support team has exceeded my expectations, responding to my requests within 24 hours and offering step-by-step guidance. That's really unique, and I really appreciate it." Netgain's ongoing support ensures that users receive the help they need long after implementation.

What is the best alternative to LeaseCrunch?

The best alternative to LeaseCrunch is NetLease. NetLease is the leading lease accounting software for ERPs, designed to comply with all lease accounting standards.

This software is not only cost-effective but also simple and intuitive. It leverages AI to automate lease accounting processes, such as creating amortization schedules and generating audit-ready reports for leases. Beyond lease management, NetLease also handles fixed asset management, offering a comprehensive solution.

Key benefits of NetLease include:

  • Automated ASC 842 compliance
  • Audit-ready disclosures and reports
  • Fully embedded in NetSuite
  • ASC 842 & IFRS 16 compliance
  • Right-of-use asset adjustments
  • Automated amortization schedules
  • All disclosure tables are automated
  • Single-click journal entries
  • Full lease management tools
  • Direct posting to the GL
  • Fully customizable
  • AP reconciliations
Ashley B.
5/5

"The staff was very knowledgeable about the complexity of ASC 842 and general accounting. The reporting section and help center are user-friendly and informative."

Katie G.
5/5

"Very easy to use, can access straight from NetSuite and provides a detailed sub-ledger of your Fixed Asset data. Even better, the Netgain implementation will help get you set up for a successful Go-Live!"

Amit P.
5/5

"NetClose has made our monthly close process faster and much more organized. I love that it is integrated into our ERP and provides a simple solution to keep our close process stream lined and tidy."

Stephanie S.
5/5

"I've used 2 other lease software applications and NetLease was by far the BEST! The knowledge base and installation guides helped answer most of my questions."

Brooke D.
5/5

"NetLease has helped us significantly streamline our monthly lease process. It has also assisted us in maintaining our lease schedules which we previously did in Excel which leaves room for errors."

Renee S.
5/5

"NetClose is a great tool for managing month-end. We have a US subsidiary and an India subsidiary. Being able to see the progress being made half way around the world is so helpful."

Kerry B.
5/5

"Netgain makes a complex process simple and contains lots of options to tailor to your requirements. Love the time machine feature in case you need to go back in time. Very seamless integration with NetSuite."

Jeremy L.
5/5

"We have a large fleet of equipment, NetAsset allows us to automate asset additions and amortization easily, with the click of a button each month all our entries are posted."

Morgan D.
5/5

"One of my favorite features of NetClose is the reconciliations feature. It makes it so simple to keep track of accounts and balances with a dynamic aspect that is so helpful during close."

Sherri M.
5/5

"The amount of reports available with Fixed Assets is great, the ease of use of the software, and the customizations Netgain was able to add for us are all huge in our opinion!"

Customer Name
5/5

"The amount of reports available with Fixed Assets is great, the ease of use of the software, and the customizations Netgain was able to add for us are all huge in our opinion!"

Sherri M.
5/5

"The amount of reports available with Fixed Assets is great, the ease of use of the software, and the customizations Netgain was able to add for us are all huge in our opinion!"

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