MILWAUKEE, May 2, 2019 – LeaseCrunch®, the only lease accounting software made by former CPA firm auditors for CPA firm auditors, today announced that ProNexus will use LeaseCrunch® software as their lease accounting solution for their clients.
“We are excited to work with ProNexus, a highly regarded non-attest finance and accounting firm, in helping their clients meet the new lease accounting standards,” said Ane Ohm, CEO of LeaseCrunch®.
ProNexus offers a wide range of general finance and accounting services to clients, including CFO and Controller Services; technical accounting and financial reporting; tax support; and governance and compliance. ProNexus serves clients through 12 offices in New York and Michigan.
“LeaseCrunch® is an integral part of our lease accounting initiatives, assisting clients in implementing ASC 842,” said Rafael Vidal, Co-Founder of ProNexus. “LeaseCrunch® provides the ability to calculate the Right of Use assets and liabilities for Day 1, as well as lease activities going forward for Day 2 and beyond. The tool provides amortization tables, journal entries, disclosures and is user friendly. We are proud to be partners with LeaseCrunch®.”
Named by Accounting Today as one of the top new products of 2019, LeaseCrunch® provides cloud-based lease accounting software for CPA firms, designed to help organizations implement the new lease accounting standards, ASC 842 and IFRS 16. Designed by CPAs, former Big 4 public accounting auditors, software development veterans and a former member of the FASB staff, the application offers an easy-to-use customer interface that delivers “audit in a box” lease accounting services, reducing the time it takes clients to prepare for an audit. LeaseCrunch® allows companies to identify policy elections for the leasing standard through templates for both US GAAP and IFRS. For more information go to: www.LeaseCrunch.com
ProNexus, LLC (www.pronexusllc.com) is a non-attest finance and accounting firm that offers scalable, customized Finance, Accounting, and IT solutions and consulting services from strategy and leadership to project execution. ProNexus supports the offices of the C Suite using a unique blend of engagement models:
- Consulting - assess needs, make recommendations, and deliver results;
- Projects – support CEOs, CFOs, CIOs to accomplish critical projects;
- Outsourcing/Co-Sourcing - Internal Audit, Tax, Accounting, PMO;
- Interim Management - CFOs, CIOs and more;
- Staff Augmentation - to support the CFO or CIO organizations;
- Retained Search - Finance & Accounting, IT, Sales/Marketing, Operations, HR, Legal.
ProNexus can assist any business including those facing challenges, or in transition, whether it’s rapid growth, mergers, acquisitions or exit, integration, turnaround, building infrastructure, compliance, systems optimization, improving performance, bridging a gap in leadership or skill set, or simply augmenting staff to maintain productivity.
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John Steven Vita Communications