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ease
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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

AMTdirect is widely recognized as the leading solution for lease administration and accounting, specifically tailored to ensure compliance with FASB 842. Aimed at portfolios with fifty or more locations, AMTdirect strives to resolve the everyday challenges encountered by professionals in corporate real estate. The platform enables users to manage a comprehensive inventory of their properties, locations, lease agreements, related expenses, revenues, and documents in a single, accessible interface. Furthermore, for lessee accounting, it facilitates compliance with ASC 842, IFRS 16, and GASB 87 for lease receivables that are connected to a head-lease payable, accommodating both third-party and intercompany subtenants. Additionally, the lease-level accounting feature provides a detailed audit trail for each lease, including all balance sheet calculations such as amortization, opening and closing liabilities, interest, and depreciation for each accounting period in accordance with the company's specific accounting calendar. This holistic approach not only simplifies lease management but also enhances transparency and accuracy in financial reporting.

Description

Lucernex is a lease administration and accounting software developed by Accruent, specifically engineered to assist organizations in navigating intricate real estate and equipment leasing situations while reducing risks and ensuring compliance with FASB and IASB standards. Furthermore, it offers seamless integration with your existing Enterprise Resource Planning (ERP) tools. As a cloud-based platform, Lucernex enhances the efficiency of managing real estate and equipment leases by automating lease administration and accounting processes, thereby establishing a centralized data repository that serves as a single source of truth. This functionality not only fosters transparency across your entire lease portfolio but also enables rapid calculations of lease and expense obligations, highlights underperforming assets, capitalizes on advantageous lease terms, and promotes team efficiency through streamlined workflows and approval processes. Ultimately, Lucernex empowers organizations to optimize their leasing strategies and improve overall operational performance.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Accruent Lx Contracts
HubSpot CRM
HubSpot Customer Platform
IFS Ultimo
MRI Software
NetSuite
itamlink

Integrations

Accruent Lx Contracts
HubSpot CRM
HubSpot Customer Platform
IFS Ultimo
MRI Software
NetSuite
itamlink

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

MRI Software

Founded

1971

Country

United States

Website

www.mrisoftware.com/solutions/lease-accounting-software/

Vendor Details

Company Name

Accruent

Founded

1995

Country

United States

Website

www.accruent.com/solutions/lease-administration-accounting/lease-administration-accounting-lucernex

Product Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

Product Features

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

Alternatives

Alternatives

MRI ProLease Reviews

MRI ProLease

MRI Software