Crunchafi Lease Accounting vs LOIS

LeaseQuery

Spacebase

LOIS

Powerful, expert-built lease software that cuts costs, ensures IFRS 16 compliance, and gives finance and property teams total control.

LeaseQuery is lease accounting software built by accountants for accountants that ensures compliance with ASC 842, FRS 102, IFRS 16, and GASB 87. The CPA-approved system identifies and eliminates accounting errors that lead to material misstatements with minimal disruption to your business.

User-friendly lease accounting and lease management software. Manage your lease portfolio and comply with the ASC 842, IFRS 16, and GASB 87 lease accounting standards, export journal entries, disclosures, and more,  all through a trusted 100% cloud-hosted platform.

Crunchafi Lease Accounting is an easy-to-use solution that automates complex ASC 842, FRS 102, IFRS 16, and GASB calculations so CPA firms, companies, and government entities can produce compliant, audit-ready reports in minutes.

Accounting

Activity Dashboard

Alerts/Notifications

Amortization Schedule

Asset Lifecycle Management

Audit Trail

Capitalization Reporting

Critical Date Alerts

Currency Conversion

Customizable Fields

Data Import/Export

Document Storage

Expense Tracking

For Equipment Leases

For Real Estate

Multi-Currency

Multi-Location

Payment Tracking

Portfolio Management

Reminders

Reporting/Analytics

Search/Filter

Crunchafi Lease Accounting

Web-based

NetLease

Professional

Small Business

Large Enterprises

Mid-size Business

Crunchafi

DebtBook

DebtBook enables governments, higher education, and healthcare to simplify and improve debt and lease management and implement and ensure ongoing compliance with GASB-87.


Accounting Integration

Alerts/Escalation

Audit Management

Budgeting/Forecasting

Cash Flow Management

Compliance Management

Contract/License Management

Document Management

Financial Analysis

Financial Management

Fixed Asset Management

Forecasting

General Ledger

Real-Time Reporting

Reporting & Statistics

Tax Management

Third-Party Integrations

Transaction History

Workflow Management

Proprietary

Sr Financial Analyst

The inability to reach the developers for urgent matters such as having copies of the quality system made at very critical times in the forecasting and budgeting periods when the copies are not ready.

Group Finance and Compliance Manager

The platform provides a dependable and efficient way to manage our lease accounting, making complex calculations, reporting requirements much more manageable than relying on manual spreadsheets.

Financial accountant

Some of the reports in LOIS could be improved to include additional fields like: Ledger, Cost centre, profit centre info for each lease.

Finance - Business

User friendly, great customer support and the only leasing system out there that can generate catch-up journal entries for backdated lease changes.

Financial Controller

Support staff knowledgeable and helpful - we do not use the software directly, but provide data for LOIS staff to calculate our lease liabilities

Finance Accountant

as a new user, excellent for straightforward leases and quick to finalise month end postings, however challenging for leases which have different and complex arrangements.

Senior Financial Accountant

On top of that, the customer support is excellent queries are typically resolved within a day, which makes a big difference in day-to-day use.

Group Financial Controller

The main challenge we encounter is occasional user log in issues when mandatory password resets are required.

Simple and user-friendly tool to use - simplified our lease accounting with faster, accurate reporting

Group Finance Manager

The customer support from the LOIS team has been great, we have had a few instances of non-BAU transactions that we needed help with.

GM Finance

I'm part of a large company with a large lease portfolio which at times has complexities in it.

There’s very little to dislike about LOIS overall. If anything, there is a slight learning curve when first getting started, particularly when transitioning from manual Excel-based processes.

Accountant

I like their customer support portal which has answers to most of my questions.

Sometimes with less frequently used functions I find it harder to navigate intuitively.

LOIS is user friendly, with a great customer support team - all Chartered Accountants which mean they can provide you with the best support and advice.

Currently not integrated with our ERP system, D365.

Too frequent change of password requirement.

Assistant Accountant

Finance Manager

The prompt and helpful customer support with queries and assistance is great and really appreciated.

Accountant Consolidation

Moreover, the customer support is excellent, and issues are dealt with in a timely fashion.

Systems Manager

The interface made it easy to find what needed quickly.

Easy to use and easy to download any accounting information required for GL upload.

Crunchafi Lease Accounting vs LOIS Comparison (2026)

Crunchafi Lease Accounting

LOIS

Overview

Video & Screenshots

Pricing

User reviews

Key features

Integrations

Alternatives