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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

CRESSblue is a software solution aimed at enhancing the management of commercial properties under net lease agreements by simplifying tasks such as cost recovery, reconciliations, and lease accounting. This platform provides automated processes tailored for multi-tenant properties, which boosts both efficiency and precision in managing leases and financial operations. By facilitating calculations for additional rent, performing annual reconciliations, and addressing intricate leasing agreements, CRESSblue eliminates the burden of manual calculations. The software effectively integrates properties, leases, and assets into a unified system, promoting a seamless workflow and enabling real-time monitoring of all lease-related transactions. Through the automation of essential functions, CRESSblue not only decreases the likelihood of errors and cuts down on administrative workload but also enhances profit recovery, all while providing a comprehensive audit trail that ensures compliance and transparency. Additionally, its user-friendly interface allows property managers to easily navigate through various features, further enhancing the overall management experience.

Description

Lease102 is a specialized lease accounting software tailored to ensure adherence to FRS 102 Section 20, streamlining the accounting workflow through AI-driven data extraction, calculations, journal entries, and disclosure reports. Designed specifically for businesses in the UK and Ireland, this platform employs FRS 102 logic directly, rather than modifying it to fit IFRS 16 standards. By harnessing advanced AI technology, it efficiently extracts crucial information from lease agreements, minimizing the potential for human error associated with manual data entry. The calculation engine incorporates the Bank of England SONIA and ECB €STR rates to calculate suitable discount rates accurately. Additionally, it maintains an extensive seven-year audit trail that records all lease alterations and computations, enhancing transparency and accountability. Among its other valuable features are tools for team collaboration, management of lease modifications, alerts for expiration, support for multiple currencies, and options for integration with ERP systems. Furthermore, Lease102 prioritizes security by implementing AES-256 encryption, utilizing TLS 1.3 protocols, and ensuring data storage within UK/EU regions, thus upholding GDPR compliance and safeguarding sensitive information. This holistic approach not only simplifies the lease accounting process but also reinforces the trust businesses place in their financial reporting.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Microsoft Dynamics 365
Sage 200
Sage 50
Xero

Integrations

Microsoft Dynamics 365
Sage 200
Sage 50
Xero

Pricing Details

$575 per month
Free Trial
Free Version

Pricing Details

from £20 per month
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

CRESS

Founded

2017

Country

Canada

Website

cressblue.com

Vendor Details

Company Name

Lease102

Founded

2025

Website

lease102.co.uk

Product Features

Commercial Real Estate

Brand Management
CRM
Cash Flow Analysis
Critical Date Alerts
Deal Management
For Appraisers
For Brokers
For Investors
For Property Managers
Portfolio Management
Strategic Planning

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website 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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