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ease
features
design
support

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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

Convert your business logic into automated workflows powered by AI, allowing you to prioritize strategic initiatives instead of getting bogged down in spreadsheets. By optimizing your transactions that span various isolated systems, you can enhance your ability to oversee entire cross-entity transaction chains effectively. Nominal standardizes and consolidates data from disparate accounting systems, guaranteeing that accurate financial data is readily accessible in a single location. It not only identifies, recommends, and executes end-to-end transactions but also manages inter-company eliminations, resulting in clean and audit-ready financial records. Seamlessly integrating with your accounting software and the broader financial ecosystem, Nominal’s twin-ledger provides a multi-entity general ledger that remains consistently synchronized with all your financial records, eliminating the need for migration and minimizing risk. Additionally, Nominal supports third-party integrations alongside built-in sub-ledgers to ensure adherence to accounting regulations like lease accounting and revenue recognition. By leveraging the capabilities of generative AI, you can effortlessly automate and refine your distinct business processes for greater efficiency and productivity. This innovative approach empowers businesses to adapt seamlessly to changing environments while maintaining financial accuracy.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

NetSuite
Google Sheets
HubSpot CRM
HubSpot Customer Platform
MRI Software
Microsoft Excel
Priority Software
QuickBooks Online
Sage 100
Xero

Integrations

NetSuite
Google Sheets
HubSpot CRM
HubSpot Customer Platform
MRI Software
Microsoft Excel
Priority Software
QuickBooks Online
Sage 100
Xero

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

Nominal

Founded

2023

Country

United States

Website

www.nominal.so/

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 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

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