Crowe LLP Strengths, Domain Expertise, and Key Differentiators
Crowe Lease Accounting Optimizer is designed by the accounting and technology professionals at Crowe, the Crowe Lease Accounting Optimizer combines lease management with a financial impact calculator for organizations seeking compliance with the FASB ASC 842 and IFRS 16 regulations on accounting standards for leases.
Built completely within Dynamics 365 for Finance and Operations, the application supports specific requirements related to lease accounting. Access a summary view of leases and easily manage leases across legal entities from a single screen. Because of the new lease accounting standards, Crowe LLP has developed a technology tool to complement its compliance framework and assist companies with preparation and ongoing compliance.
The new lease accounting standards had an impact on all companies that lease or sublease property or equipment directly or through service contractors. To assist those companies, Crowe developed the Crowe Lease Accounting Optimizer solution, which allows them to manage their lease accounting processes efficiently while complying with the new standards.
Designed by the accounting and technology professionals at Crowe LLP, Crowe Advanced Lease Accounting for NetSuite allows companies to comply with US GAAP ASC 840 and ASC 842, and the International Accounting Standard Board’s (IASB) IAS 17 and IFRS 16. Built completely within NetSuite, the application automates complex calculations and reduces the stress of transitioning your lease portfolio to the new accounting standards.
Crowe LLP Recent Developments
In 2020, Crowe launched the Crowe Hive, a social network for healthcare professionals to interact and collaborate in a safe and trusted digital environment.
In March 2020, Crowe released the free Crowe Pandemic Response app to help clients manage risk and compliance across multiple jurisdictions while simultaneously protecting their workforce.
In March 2019, Crowe introduced lease accounting software built for government entities. The Crowe Lease Accounting Optimizer for public sector tool helps these organizations track, account and report on lessee and lessor leases to comply with Governmental Accounting Standards Board (GASB) Statement No.87.
Crowe LLP Mergers and Acquisitions (M&A) Activities
In October 2021, Crowe LLP acquired SparkOrange, a Syracuse, NY–headquartered Salesforce consulting firm. SparkOrange helps clients in financial services, healthcare, manufacturing, technology, higher education, and non-profit leverage the popular Salesforce customer relationship management cloud platform. The firm’s end-to-end Salesforce offering includes strategic planning and roadmaps, custom application development, implementation, integration, implementation rescue, marketing automation, and managed services.
In September 2021, Crowe LLP signed an agreement to welcome personnel from Upaya – The Solution Inc., a firm with expertise in cloud consulting. Upaya delivers cloud-based solutions supporting business transformation. Upaya is a NetSuite solution provider and Workday Adaptive Planning partner. The firm serves clients across numerous industries, including software, financial services, manufacturing, wholesale distribution, education, nonprofit, retail, sports and healthcare.
Crowe LLP Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Crowe LLP 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 LLP 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 customers.
Crowe LLP Overview
Ownership: - Crowe Global
Number of Employees: 5100
Functional Markets: ERP Financial,
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K628, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Professional Services, Retail, Transportation,
Crowe LLP Key Enterprise and Cloud Applications
Crowe Lease Accounting Optimizer
Crowe LLP Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Crowe LLP Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Crowe LLP Enterprise Applications Revenues By Functional Markets, $M:
Crowe LLP Enterprise Applications Revenues By Verticals, $M:
Crowe LLP Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Crowe LLP Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Crowe LLP Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Crowe LLP Customers
No. of Crowe LLP Customers: 2000
No. of Crowe LLP Enterprise Applications Customers: 2000
No. of Crowe LLP Cloud Customers: 50
No. of Crowe LLP Cloud Subscribers: x
Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide.
The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world. Among Crowe LLP customers are Serv-U-Success, Oscar Winski Metals Company, Texas Roadhouse, and many others.
Crowe LLP Market Opportunities, M&A and Geo Expansions
Crowe has an alliance with Great Bay Software Inc. Together, the Crowe and Great Bay collaboration provides healthcare organizations and those in other highly regulated markets tasked with protecting data and embracing connected technology with a comprehensive approach to mitigating the cyber risks and operational challenges associated with networked devices.
As a Microsoft Gold Certified Solution Provider Partner, Crowe offers clients comprehensive solutions using Microsoft products. Microsoft Gold Certified Partners are the elite Microsoft Business Partners who earn the highest customer endorsement. Crowe has partnered with Ntracts (by Hall Render) to integrate time study data from Crowe Physician Links with Ntracts’ contract lifecycle management software tool.
This collaboration enables physicians and healthcare facilities to automatically capture, document and report physician time for contract compliance while providing unparalleled visibility into contract processes for improved accuracy and efficiency. As a platinum channel partner and authorized reseller of the RSA Archer platform, Crowe combines integrated risk management expertise with industry-leading experience in GRC technology implementations to help you drive better business decisions and accelerate ROI.
Crowe is proud to be a Tableau Alliance and Reseller Partner for Tableau Software, a leading provider of data visualization and analytics tools. Focusing on performance and risk management services, Crowe leverages Tableau Software’s platform to deliver powerful business analytics solutions in a variety of industries including financial services, public sector/government, manufacturing, and healthcar
Crowe LLP Risks and Challenges
April 2021, Mark Baer assumes the role of CEO at Crowe, a public accounting, consulting and technology firm in the U.S.
Because of the small but highly cooperative lease accounting market, Crowe LLP needs to constantly work and continuously improve their product.
Crowe LLP Ecosystem, Partners, Resellers and SI
Crowe LLP head office is in the USA, with several locations worldwide like in the Asian Pacific region and Europe. Crowe LLP has strategic alliances with different technology providers such as Great Bay, Microsoft, Ntracts, Oracle NetSuite, RSA Archer, and Tableau.
Crowe LLP Cloud Infrastructure Insights
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- Crowe LLP Public Cloud and Infrastructure (IaaS)
- Crowe LLP Platform (PaaS)
- Crowe LLP Application Delivery
- Crowe LLP Private Cloud and Data Centers
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:
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