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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

Centralized management of leases and transactions, along with critical date oversight and notifications, facilitates hassle-free rent payments, comprehensive reporting, and location analysis. Lease information can seamlessly integrate with other applications, enabling a holistic view of your portfolio. It allows for detailed breakdowns of charges and expenses while effectively monitoring operational costs. Moreover, it simplifies the tracking of lease expirations, renewals, modifications in rent payments, and insurance documentation. Accruent Lx Contracts offers a clear insight into your entire lease portfolio, making it easy to compute lease and expense responsibilities, spot underperforming assets, and maintain team productivity. In addition, Lx Contracts ensures superior data protection compared to Excel and other standalone solutions, featuring robust security measures such as penetration testing, encryption, authentication, and dynamic application security assessments. This enhanced security framework not only safeguards sensitive information but also instills confidence in users regarding the safety of their data.

Description

Black Owl assists finance leaders in public and private companies to reduce compliance risks with ASC 842/IFRS 16 and save money by allowing them to complete lease accounting more quickly and accurately. Our system was built from the ground up to make it as easy as possible. There are no extra steps or clicks, but the system is comprehensive and complete. This will allow you to manage your leases efficiently and comply with IFRS and US GAAP. Our solution is designed to be compliant with leading accounting practices and financial reporting standards. However, it allows you to record and reconcile all lease entries and adjustments. You are currently tracking leases using Excel. You want a more robust and easy-to-use lease accounting system. We can help you streamline your existing lease accounting system and reduce compliance costs.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

Integrations

Accruent Lucernex Yes 
MapsPeople Yes 

Integrations

Accruent Lucernex No 
MapsPeople 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 No 
Live Rep (24/7) No 
Online Support No 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Accruent

Founded

1995

Country

United States

Website

www.accruent.com/products/lucernex/lx-contracts

Vendor Details

Company Name

Black Owl Systems

Founded

2019

Country

Canada

Website

www.blackowlsystems.com

Product Features

Lease Accounting

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

Product Features

Lease Accounting

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

Lease Management

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

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