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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

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.

Description

ASC842 and IFRS16 Compliance: Achieved. Bloomberg Tax & Accounting Leased Assets oversees various leased asset categories and offers intricate calculations for right-of-use assets and lease obligations. Our software-as-a-service solution ensures precise classification, accounting, and reporting for leased assets in accordance with the new standards – IFRS 16 and ASC 842. Enhance your operational workflow through seamless integration with a range of ERP/GL/AP systems, leasing platforms, or other internal applications. Empower your clients to meet the requirements of ASC 842 and IFRS 16 with confidence. By automating lease accounting processes, you can boost overall efficiency while maintaining accuracy through detailed calculations. Additionally, our solution supports businesses in adapting to changing regulations with ease.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Accruent Lx Contracts Yes 
FundCount No 
IFS Ultimo Yes 
itamlink Yes 

Integrations

Accruent Lx Contracts No 
FundCount Yes 
IFS Ultimo No 
itamlink No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

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 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) No 
Online Support Yes 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Accruent

Founded

1995

Country

United States

Website

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

Vendor Details

Company Name

Bloomberg Tax & Accounting

Founded

1929

Country

United States

Website

pro.bloombergtax.com/leased-assets/

Product Features

Lease Management

Billing & Invoicing No 
Commercial Leases No 
Contact Management No 
Landlord Database No 
Lease Classification Yes 
Portfolio Management No 
Property Management No 
Residential Leases No 
Retail Leases No 
Sublease Management No 
Tenant Database No 

Real Estate Property Management

Billing & Invoicing No 
Commercial Properties No 
Contact Management No 
Credit Check No 
Expense Management No 
Insurance Management No 
Landlord Database No 
Late Fee Calculation No 
Lease Management No 
Maintenance Management No 
Owner Portal No 
Payment Processing No 
Portfolio Management No 
Rent Tracking No 
Residential Properties No 
Tax Management No 
Tenant Database No 
Tenant Portal No 
Vacancy Tracking No 
Website Management No 

Product Features

Lease Accounting

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

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