Professionals collaborating on digital tools to modernize lease accounting.

How Crowe Modernized Lease Accounting With Microsoft AI

9/1/2026

This is a revised version of an article originally produced by Microsoft on April 10, 2026.

At a glance

Managing thousands of lease agreements can make accounting, compliance, and audits time-consuming. Crowe combined AI, Copilot, and deep lease accounting experience to help streamline document review, improve access to lease data, and support continuous auditing.

Client

Crowe provides professional services through two separate entities: Crowe LLP delivers audit and attest services, and Crowe Advisory LLC provides tax, advisory, consulting, and other nonattest services. 

6,000+ lease agreements*

AI helped Crowe organize and analyze thousands of lease documents for faster access to critical accounting information.

2-4 hours saved per lease*

Crowe automated lease extraction and record creation, leaving only final user review.

Continuous lease monitoring

AI supports ongoing review of lease activity to help identify changes that could affect accounting treatment.

*Source: Crowe data, March 2026

Microsoft Azure™ lets us keep everything in the client’s tenant. From a data privacy perspective, that matters. Their data stays on their tenant, and many other solutions don’t offer that.

Luis Lopez Garay, Partner, Crowe Studio, Crowe Advisory LLC

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Challenge details

Managing thousands of lease agreements made it difficult to quickly locate key contract terms, identify accounting changes, and prepare for audits. Manual document reviews required significant time and effort, limiting the ability to continuously monitor lease portfolios and respond efficiently to evolving business needs.

Solution

We used Copilot, Microsoft Copilot Studio, and Microsoft Azure AI to help automate lease document review and analysis. AI agents extracted and organized lease data, provided citation-backed responses, and helped identify changes that could affect accounting treatment. The solution supported continuous lease monitoring while enabling professionals to focus on higher-value analysis and client service.

AI-powered lease analysis helped reduce manual effort, improve access to lease information, and support ongoing accounting compliance.

Microsoft, Azure, Dynamics 365, and Microsoft 365 are trademarks of the Microsoft group of companies.

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Doug Schrock at Crowe
Doug Schrock
Partner, Crowe Studio,
Crowe Advisory LLC
Luis Lopez Garay
Luis Lopez Garay
Partner, AI Transformation
Thomas Callaghan
Thomas Callaghan
Principal, Technology

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