Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Lucernex is a lease administration and accounting software developed by Accruent, specifically engineered to assist organizations in navigating intricate real estate and equipment leasing situations while reducing risks and ensuring compliance with FASB and IASB standards. Furthermore, it offers seamless integration with your existing Enterprise Resource Planning (ERP) tools. As a cloud-based platform, Lucernex enhances the efficiency of managing real estate and equipment leases by automating lease administration and accounting processes, thereby establishing a centralized data repository that serves as a single source of truth. This functionality not only fosters transparency across your entire lease portfolio but also enables rapid calculations of lease and expense obligations, highlights underperforming assets, capitalizes on advantageous lease terms, and promotes team efficiency through streamlined workflows and approval processes. Ultimately, Lucernex empowers organizations to optimize their leasing strategies and improve overall operational performance.
Description
Say goodbye to the hassle of emailing spreadsheets or relying on document storage platforms. LeaseMatrix is designed to be fully operational on any computer or tablet, eliminating the need for software downloads or updates. You can access and modify your analyses from virtually anywhere, with web-based reports that refresh automatically. Collaborate seamlessly with your entire team, ensuring that no file is ever lost due to computer malfunctions. This innovative spreadsheet allows both brokers and tenants to weigh the benefits of leasing versus owning office, retail, or industrial properties. With clear and visually appealing charts, users receive straightforward recommendations that are easy to present. The tool facilitates side-by-side comparisons of cash flows before and after taxes, making it simple for all parties involved to analyze the data. It also includes calculations for Net Present Value (NPV) and Internal Rate of Return (IRR), empowering users to determine whether to reinvest in their primary business or pursue real estate opportunities. Additionally, a Pros and Cons Summary page is provided, detailing the respective benefits and drawbacks of leasing versus owning, helping users make informed decisions. Overall, LeaseMatrix streamlines the decision-making process in real estate transactions, enhancing both efficiency and clarity.
API Access
Has API
No
API Access
Has API
No
Integrations
Accruent Lx Contracts
Yes
IFS Ultimo
Yes
Microsoft 365
No
Microsoft Excel
No
itamlink
Yes
Integrations
Accruent Lx Contracts
No
IFS Ultimo
No
Microsoft 365
Yes
Microsoft Excel
Yes
itamlink
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$29 per month
Free Trial
Yes
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
Yes
iPad App
Yes
Android App
Yes
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
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Accruent
Founded
1995
Country
United States
Website
www.accruent.com/solutions/lease-administration-accounting/lease-administration-accounting-lucernex
Vendor Details
Company Name
LeaseMatrix
Founded
2009
Website
lease.io
Product Features
Lease Management
Billing & Invoicing
No
Commercial Leases
No
Contact Management
No
Landlord Database
No
Lease Classification
Yes
Portfolio Management
No
Property Management
No
Residential Leases
No
Retail Leases
No
Sublease Management
No
Tenant Database
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
Lease Management
Billing & Invoicing
No
Commercial Leases
No
Contact Management
No
Landlord Database
No
Lease Classification
Yes
Portfolio Management
No
Property Management
No
Residential Leases
No
Retail Leases
No
Sublease Management
No
Tenant Database
No