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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

PowerPlan’s Lease Accounting Solution Suite enables organizations to formulate their ideal strategy for complying with both ASC 842 and IFRS 16 lease accounting regulations. This comprehensive solution accommodates various accounting frameworks, such as GAAP, IFRS, and FERC. By utilizing scenario analysis within the software, users can explore different adoption strategies and refine their approach to implementing the new lease accounting standards. It effectively manages a wide array of capital and operating leases, covering equipment, real estate, and purchase power agreements. The suite minimizes audit risks by automating tasks that previously required manual input, thereby enhancing the accuracy of billing, reporting, and documentation processes. Additionally, features like integrated invoice generation streamline operations with billing departments, improving the traceability and recognition of receivables. Furthermore, it automates lease calculations across a spectrum of complexities, ranging from simple to intricate scenarios, including those involving variable rates and dynamic lease terms. Ultimately, this solution not only simplifies compliance but also enhances operational efficiency for businesses navigating the complexities of lease accounting.

API Access

Has API

API Access

Has API

Screenshots View All

No images available

Screenshots View All

Integrations

Accruent Lucernex
MapsPeople
Property Tax Plus

Integrations

Accruent Lucernex
MapsPeople
Property Tax Plus

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

Accruent

Founded

1995

Country

United States

Website

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

Vendor Details

Company Name

PowerPlan

Founded

1994

Country

United States

Website

powerplan.com

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

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

Fixed Asset Management

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

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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