Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
No
API Access
Has API
No
Integrations
Property Tax Plus
No
Pricing Details
$575 per month
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
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
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
No
CRM
No
Cash Flow Analysis
No
Critical Date Alerts
No
Deal Management
No
For Appraisers
No
For Brokers
No
For Investors
No
For Property Managers
No
Portfolio Management
No
Strategic Planning
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
Decision Support
Application Development
No
Budgeting & Forecasting
No
Data Analysis
No
Decision Tree Analysis
No
Monte Carlo Simulation
No
Performance Metrics
No
Rules-Based Workflow
No
Sensitivity Analysis
No
Thematic Mapping
No
Version Control
No
Fixed Asset Management
Asset Budgeting
No
Asset Lifecycle Management
No
Audit Trail
No
Barcoding / RFID
No
Depreciation Management
No
Disposal Management
No
Document Management
No
Inventory Tracking
No
Tax Management
No
Lease Accounting
Amortization Schedule
No
Asset Management
Yes
Billing & Invoicing
Yes
Budgeting & Forecasting
Yes
Capitalization Reporting
No
Critical Date Alerts
No
Expense Tracking
Yes
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
Yes
Portfolio Management
No
Tax Management
No