---
title: Spreadsheets Are Not the Only Option for Companies
description: Spreadsheets won't work for implementing the new lease standard. Still, organizations are exploring it. Discover another option in this blog!
---

[Press | Crunchafi ](https://www.crunchafi.com/newsroom)

# [Spreadsheets Are Not the Only Option for Companies](https://www.crunchafi.com/newsroom/in-the-news-spreadsheets-are-not-the-only-option-for-companies-with-small-lease-portfolios)

 Written by [Ane Ohm](https://www.crunchafi.com/newsroom/author/ane-ohm) | Sep 6, 2019 1:00:00 PM

*Written by Ane Ohm, Co-Founder and CEO, LeaseCrunch®

*Will spreadsheets do the trick for implementing the new lease standard? The general consensus seems to be “no,” but I still hear about organizations exploring the spreadsheet route—especially those with smaller lease portfolios who feel there is not a viable software option.

I have been to numerous industry conferences and regularly speak to CPA firms of all sizes, and I often hear this debate about spreadsheets vs. software. Not surprisingly, I am solidly in the camp that says spreadsheets are a risky and cumbersome way to implement this new standard. 

Before you click away, thinking “this article does not apply to me,” I would challenge you to keep reading because this applies to **all companies that must comply with the new lease standard (and the CPA firms that serve them).  
**

- This message is more urgent for public and multinational companies that completed their initial implementation using spreadsheets, which is not limited to organizations with a handful of leases.
- Even with the likely delay for non-public U.S. companies, we highly recommend getting started on your implementation now… and I will explain why.

**[You can read the full article from Accounting Today, here.](https://www.accountingtoday.com/opinion/spreadsheets-are-not-the-only-option-for-companies-with-small-lease-portfolios)**

[View full post](https://www.crunchafi.com/newsroom/in-the-news-spreadsheets-are-not-the-only-option-for-companies-with-small-lease-portfolios)

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