Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
What is Occupier? A tenant-side platform for running a commercial lease portfolio and keeping lease accounting compliant with ASC 842 and IFRS 16. It is used by companies with roughly 30 to 500 leases, typically multi-location operators such as restaurant and franchise groups, retailers, healthcare providers, and fitness brands.
Who uses it? Real estate and lease administration teams use Occupier to stay ahead of renewals, expirations, rent escalations, and option windows. Controllers and accounting teams use it to produce monthly journal entries, amortization schedules, and disclosure reports that hold up in an audit. Because both groups work in the same system, a lease change made by real estate updates the accounting automatically.
What does the platform include? Occupier Lease Administration covers critical date alerts, clause tracking, and document storage. Occupier Lease Accounting handles ASC 842 and IFRS 16 calculations and connects to NetSuite. Occupier Lease Abstraction pairs AI extraction of more than 120 clauses with a review by Occupier’s team before data goes live. Occupier Portfolio Analytics adds dashboards and rent reporting, and Occupier Deal Management tracks new sites from LOI to signed lease.
How is it different? Most property management tools were designed for landlords. Occupier was built only for tenants. Every plan comes with unlimited users, and new customers are typically live within 4 to 6 weeks.
API Access
Has API
No
API Access
Has API
No
Integrations
NetSuite
Yes
HubSpot CRM
Yes
HubSpot Customer Platform
Yes
MRI Software
Yes
Integrations
NetSuite
Yes
HubSpot CRM
No
HubSpot Customer Platform
No
MRI Software
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
Yes
Pricing Details
Annual subscription priced by number of active leases. Every plan includes unlimited users, with no per-seat fees or hidden costs. Choose Basic, Professional, or Enterprise, and add Lease Accounting, Deal Management, Business Licenses, or Equipment Leases as needed. Contact Occupier for a quote.
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
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
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
Yes
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
Occupier
Founded
2018
Country
United States
Website
www.occupier.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
Yes
Asset Management
No
Billing & Invoicing
Yes
Budgeting & Forecasting
No
Capitalization Reporting
No
Critical Date Alerts
Yes
Expense Tracking
No
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
Yes
Portfolio Management
Yes
Tax Management
Yes
Lease Management
Billing & Invoicing
Yes
Commercial Leases
Yes
Contact Management
Yes
Landlord Database
No
Lease Classification
No
Portfolio Management
Yes
Property Management
No
Residential Leases
No
Retail Leases
Yes
Sublease Management
No
Tenant Database
No