Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
AMTdirect is widely recognized as the leading solution for lease administration and accounting, specifically tailored to ensure compliance with FASB 842. Aimed at portfolios with fifty or more locations, AMTdirect strives to resolve the everyday challenges encountered by professionals in corporate real estate. The platform enables users to manage a comprehensive inventory of their properties, locations, lease agreements, related expenses, revenues, and documents in a single, accessible interface. Furthermore, for lessee accounting, it facilitates compliance with ASC 842, IFRS 16, and GASB 87 for lease receivables that are connected to a head-lease payable, accommodating both third-party and intercompany subtenants. Additionally, the lease-level accounting feature provides a detailed audit trail for each lease, including all balance sheet calculations such as amortization, opening and closing liabilities, interest, and depreciation for each accounting period in accordance with the company's specific accounting calendar. This holistic approach not only simplifies lease management but also enhances transparency and accuracy in financial reporting.
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.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Accruent Lucernex
HubSpot CRM
HubSpot Customer Platform
MRI Software
MapsPeople
NetSuite
Integrations
Accruent Lucernex
HubSpot CRM
HubSpot Customer Platform
MRI Software
MapsPeople
NetSuite
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
MRI Software
Founded
1971
Country
United States
Website
www.mrisoftware.com/solutions/lease-accounting-software/
Vendor Details
Company Name
Accruent
Founded
1995
Country
United States
Website
www.accruent.com/products/lucernex/lx-contracts
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
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