One Retail Lifecycle Solution
Retail continues to adapt and innovate to better serve the complex needs of retail customers, in order to drive convenience and a better customer experience. Driving efficient operations is key to accomplishing these goals. Everything from becoming FASB/IASB compliant, gaining revenue weeks, and reducing maintenance and repair spend contributes to building an innovative customer experience in your stores.
on average is spent a year per site on maintenance.
is wasted for every $1B invested in projects due to poor project performance.
marks when all leases >12 mo. must be brought onto balance sheets for public
Connect Different Departments with One Solution
Accruent’s retail lifecycle solution helps connect disparate departments across your entire organization to enable them to make smarter, data-driven business decisions. We bring together data from real estate, project management, finance, and facilities to ensure everyone is working from the same information
Finance & Accounting
Facilities & Operations
Lucernex Market Planning and Site Selection is a comprehensive solution for identifying, evaluating and acquiring new locations. Make better decisions quickly and conclude negotiations faster with integrated data and analytics.
Lucernex is a cloud-based software platform that allows you to automate your lease administration and accounting for real estate and equipment, creating a data repository and a single source of truth. This provides transparency into your entire lease portfolio, allowing you to make better decisions faster.
62% of businesses identified measuring time and costs of their construction projects as the most significant project management challenge. For every $1B invested in the US, $122M is wasted due to a lack of project management performance tracking.1
Lucernex Projects and Capital Projects allows you to track and manage schedule threats and realign resources to shorten timelines and control costs. Automated notifications, configurable views, and mobile access provide the data you need when you need it so you can make better decisions.
Facilities and Operations
Accruent’s maintenance management software helps organizations leverage maintenance data at the asset level to better manage work orders, streamline the reconciliation process, improve compliance, and make better strategic decisions about purchasing or retiring assets.
"vx Maintain has saved us significant time across multiple departments, including 25% in Accounts Payable, 20% in Fixed Asset Accounting, and 10% in Operations. Accruent does an amazing job listening to our needs and helping us streamline our processes to get the most value from the solution.”
Banfield Pet Hospital Streamlines Lease Administration and Accounting
"We are a privately held company, but I have the utmost confidence that the Lucernex Lease Accounting solution will be able to assist us in becoming FASB compliant by 2020.”
Kendal Dukes, Senior Manager, Real Estate Processes/Lease Administration, Banfield Pet Hospital
Accruent for Retail
As retailers continue to innovate, optimize their footprint and expand internationally, they need a partner to help them drive their entire real estate and facilities lifecycle. This includes everything from becoming FASB/IASB compliant, to gaining revenue weeks back in site openings, and reducing maintenance and repair spend down to the store level.
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