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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

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

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

Screenshots View All

Integrations

Property Tax Plus

Integrations

Property Tax Plus

Pricing Details

$575 per month
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

CRESS

Founded

2017

Country

Canada

Website

cressblue.com

Vendor Details

Company Name

PowerPlan

Founded

1994

Country

United States

Website

powerplan.com

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

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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