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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

A.L.S. delivers a complementary product to its lease accounting system, specifically designed to facilitate the management of your internal loan portfolio, boasting the same powerful features found in our lease accounting solutions. We pride ourselves on offering exceptional customer support and provide on-site training to ensure a smooth transition. Naturally, like all our offerings, the Advanced Loan Accounting System is designed to be precise, efficient, and user-friendly, providing practical solutions at reasonable prices. Our software is widely utilized by a variety of financial institutions, including banks, credit unions, independent leasing firms, BHPH/LHPH businesses, and automotive dealerships throughout the United States and beyond. Additionally, A.L.S. presents two flexible options for the Lease Accounting and Management System, both of which can be customized to align with your specific requirements and budgetary constraints. Our Lite version encompasses all the fundamental components of our comprehensive software solution, making it accessible to even smaller lessors, while both options ensure you receive our excellent customer service and on-site training. With A.L.S., you can expect innovative solutions that adapt to your business needs and foster growth.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

HubSpot CRM Yes 
HubSpot Customer Platform Yes 
MRI Software Yes 
NetSuite Yes 

Integrations

HubSpot CRM No 
HubSpot Customer Platform No 
MRI Software No 
NetSuite No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

MRI Software

Founded

1971

Country

United States

Website

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

Vendor Details

Company Name

Advanced Lease Systems

Country

United States

Website

www.advancedlease.com

Product Features

Lease Accounting

Amortization Schedule No 
Asset Management No 
Billing & Invoicing No 
Budgeting & Forecasting No 
Capitalization Reporting No 
Critical Date Alerts No 
Expense Tracking No 
For Equipment Leases No 
For Real Estate No 
Payment Tracking No 
Portfolio Management No 
Tax Management No 

Product Features

Lease Accounting

Amortization Schedule No 
Asset Management No 
Billing & Invoicing No 
Budgeting & Forecasting No 
Capitalization Reporting No 
Critical Date Alerts No 
Expense Tracking No 
For Equipment Leases No 
For Real Estate No 
Payment Tracking No 
Portfolio Management No 
Tax Management No 

Loan Servicing

Accounting Management Yes 
Amortization Schedule No 
Application Management No 
Auto Loans Yes 
Automatic Funds Distribution No 
Business Loans Yes 
Collateral Tracking No 
Collections Management Yes 
Compliance Management No 
Construction Loans Yes 
Customer Database No 
Fee Management No 
Investor Management No 
Loan Processing No 
Student Loans Yes 

Alternatives

Alternatives

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