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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 No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Property Tax Plus No 

Integrations

Property Tax Plus Yes 

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 

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