Crowe Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Crowe Strengths, Domain Expertise, and Key Differentiators

Crowe Lease Accounting Optimizer is an expertly crafted solution designed by the proficient accounting and technology professionals at Crowe. This powerful tool seamlessly integrates lease management with a financial impact calculator, making it the ideal choice for organizations aiming to achieve compliance with the FASB ASC 842 and IFRS 16 regulations governing accounting standards for leases.

Deployed entirely within Dynamics 365 for Finance and Operations, this application is specifically tailored to address the intricate demands of lease accounting. Users gain access to a comprehensive summary view of leases and can efficiently manage lease-related activities across legal entities, all from a single, user-friendly interface. Recognizing the significance of the new lease accounting standards, Crowe LLP has proactively developed this technology tool to complement its compliance framework, thereby offering invaluable assistance to companies in preparing for and sustaining ongoing compliance.

Given the far-reaching impact of the new lease accounting standards on entities involved in leasing or subleasing property or equipment directly or through service contractors, Crowe's Lease Accounting Optimizer proves to be a vital asset. By leveraging this solution, organizations can effectively streamline their lease accounting processes, ensuring adherence to the latest standards without compromising efficiency.

In a similar vein, Crowe Advanced Lease Accounting for NetSuite is yet another cutting-edge offering from Crowe LLP, catering to companies seeking to comply with the US GAAP ASC 840 and ASC 842, as well as the International Accounting Standard Board's (IASB) IAS 17 and IFRS 16. Exclusively built within the NetSuite platform, this application effortlessly automates complex calculations, alleviating the burden of transitioning lease portfolios to the new accounting standards.

Crowe's dedication to delivering sophisticated solutions is evidenced by its focus on combining domain expertise and advanced technology. With Crowe Lease Accounting Optimizer and Crowe Advanced Lease Accounting for NetSuite, businesses can confidently navigate the challenges posed by evolving lease accounting standards while optimizing their operational processes for sustained growth and success.

Crowe Recent Developments

In December 2024, the launch of the Crowe Cyber Economic Risk Analyzer marks a significant step forward in integrated cyber risk management, combining Crowe LLP’s expertise in cybersecurity with X-Analytics' economic risk modeling and ServiceNow's robust risk management platform. As cyber threats become more complex, businesses need actionable intelligence that translates risk into financial exposure metrics, allowing for more effective prioritization of mitigation efforts. This new tool empowers organizations to assess, manage, and communicate cyber risks in a way that resonates with executive leadership and board members, ensuring cybersecurity strategies are aligned with business objectives.

In July 2024, Crowe LLP expanded its technology offerings with the launch of the Crowe Metals Accelerator for E-commerce, a solution built on the Microsoft Dynamics 365 platform. This pre-built template enables metals companies to create and manage B2B e-commerce websites, allowing customers to research and order metal products online. The platform offers customizable, user-friendly interfaces designed to enhance the B2B buying journey and provides real-time access to personalized data on both mobile and desktop browsers.

The Crowe Metals Accelerator for E-commerce serves as an extension to the existing Crowe Metals Accelerator, an industry-specific ERP solution tailored to the unique needs of the metals industry. By integrating e-commerce capabilities, metals companies can launch new sales channels at competitive price points, facilitating scalability and future growth.

By integrating economic analysis into cyber risk management, Crowe Cyber Economic Risk Analyzer enables organizations to optimize security investments, justify budgets, and improve resilience. This strategic alignment between cybersecurity and business operations not only enhances risk mitigation efforts but also drives digital transformation with confidence. As organizations seek more efficient and cost-effective security solutions, this collaboration between Crowe, X-Analytics, and ServiceNow sets a new benchmark for how enterprises evaluate, communicate, and act on cyber risk intelligence.

Crowe Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Crowe applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Crowe and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Crowe Lease Accounting Optimizer, Crowe Cyber Economic Risk Analyzer, Crowe Metals Accelerator customers.

Crowe Key Enterprise and Cloud Applications

Crowe Lease Accounting Optimizer, Crowe Cyber Economic Risk Analyzer, Crowe Metals Accelerator

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Crowe Direct vs Indirect sales

Crowe Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Crowe Customers

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Crowe LLP has a diverse customer base, including notable companies like Serv-U-Success, Oscar Winski Metals Company, and Texas Roadhouse. Such reference customer wins indicate the firm's ability to deliver value and tailor solutions to various industries. With a global presence and a strong network of over 200 independent accounting and advisory services firms in more than 130 countries, Crowe serves clients worldwide.

Crowe Market Opportunities, M&A and Geo Expansions

In 2024, Crowe developed CroweMind, a proprietary generative AI platform, that demonstrates a strategic investment in artificial intelligence while maintaining a strong commitment to risk management and data security. By leveraging its One Crowe model, the firm assembled a cross-functional team that included specialists in AI, machine learning, product engineering, and risk management, ensuring a balanced approach to innovation and compliance. The platform was designed to streamline tasks such as document review and deliverable creation, integrating custom AI prompts and workflows to improve efficiency. However, what sets CroweMind apart is its built-in AI governance framework and mandatory training and certification process, ensuring responsible AI usage while mitigating risks associated with emerging technologies.

Crowe LLP’s approach represents a model case for AI implementation in professional services, striking a balance between innovation and security. Unlike firms that rush to deploy AI without proper guardrails, Crowe has taken a measured and structured approach, embedding governance and compliance from the outset. Additionally, by allowing internal research and development teams to experiment with generative AI in a controlled environment, CroweMind fosters rapid prototyping and iteration without compromising client data security. This initiative not only enhances internal operational efficiency but also positions Crowe as a leader in AI-driven transformation within the consulting and financial services sectors.

Following its launch of CroweMind, in August 2024, Crowe revealed its CX for Financial Spreading, which represents a significant advancement in financial services technology by integrating automation and artificial intelligence to enhance operational efficiency and decision-making. By leveraging patented technology, the solution automates data extraction and processing, eliminating the inefficiencies of manual financial spreading. With its integration into the Crowe CX Lending Suite, the solution aligns with industry best practices for digital transformation, providing lenders with a more comprehensive and agile approach to credit analysis.

Crowe Risks and Challenges

Like any company in the competitive IT industry, Crowe faces internal and external risks. One internal challenge is the need to continuously work and improve their product offerings, especially in the small but highly cooperative lease accounting market.

Externally, market fluctuations, changes in regulatory environments, and evolving customer demands may pose challenges. Moreover, entering new regions could entail navigating different cultural and regulatory landscapes.

Crowe Ecosystem, Partners, Resellers and SI

Crowe has strategically partnered with various technology providers, including Great Bay, Microsoft, Ntracts, Oracle NetSuite, RSA Archer, and Tableau. These partnerships enable Crowe to leverage the strengths of each provider's products and deliver comprehensive solutions to clients. For instance, the collaboration with Microsoft allows Crowe to offer clients robust and integrated solutions using Microsoft products. The alliance with Tableau empowers Crowe to provide advanced data visualization and analytics tools to clients across diverse industries.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: