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SOLUTIONS

Lease Management Software for Administration & Accounting

Maintain Compliance and Make Informed Decisions About Leases

It’s mission-critical for your lease administration and accounting solution to support compliance, mitigate risk and provide transparency into your entire lease portfolio for better decision making. Accruent's lease software solutions give you all of this and more.

FASB & IASB Compliance Software

Full-Service Lease Administration

Comprehensive Reporting

FASB and IASB Compliance Software

As the clock is ticking and FASB and IASB lease accounting compliance deadline looms, we've made it easy for you to select the perfect partner.

FASB and IASB Lease Compliance Software Partners

FASB and IASB Lease Compliance Software Partners

Experienced & Trusted By Top Companies

Experienced & Trusted By Top Companies

Proven Implementation

Proven Implementation

Single Solution for Real Estate and Equipment Leases

Single Solution for Real Estate and Equipment Leases

Multi-Currency/Multi-Lingua

Multi-Currency/Multi-Lingua

Single Platform for Retail Store Lifecycle Management

Single Platform for Retail Store Lifecycle Management

Lease Accounting Compliance Related Info

ASC 842

IFRS 16

GASB 87

FASB

IASB

Lease Administration & Accounting - Equipment & Real Estate Leases - Main

Lease Administration & Accounting - Equipment & Real Estate Leases

Manage the most complex real estate and equipment lease scenarios, mitigate risk, achieve compliance and seamlessly integrate into your ERP.

Lease Administration & Accounting - Commercial Real Estate - Main

Lease Administration & Accounting - Commercial Real Estate

Centralized lease management software providing critical date management, notifications, simplified rent payments, advanced reporting, and location mapping.

What Is Lease Management Software?

A system designed for storing, managing, accessing, and tracking lease information across single or multiple organizational units and asset types. Lease management software is typically used where complexity, geographic diversity, and frequently-changing compliance standards make a manual process difficult and error prone for lease managers and accountants.

How to Choose the Best Lease Accounting Software for Your Business

Consider these questions before choosing the lease accounting software vendor to trust with your leasing compliance:

Is it a complete and robust software solution?

Able to accurately classify leases as operating or finance using the FASB ASC 842 test
Designed to meet the needs of both real estate and equipment leases

Is the platform fully-configurable to your unique needs?

Allows you to handle the most complex leases
Flexible enough to work and scale in your specific sector whether retail, corporate, healthcare, telecom, public sector, etc.

Can the vendor help you reach full compliance with FASB/IASB and FASB/GASB regulations and guidelines?

Meets financial reporting requirements under FASB ASC 842, IASB IFRS 16 and GASB No. 87
Verified results by a 3rd-party independent accounting firm for accuracy and certified FASB/IASB calculations

Key Lease Administration Software Requirements

Ease Of Use

Clickable lease abstracts
Configurable dashboards
Mobile access on smartphones & tablets
Full internationalization

Data Management, Reporting & Tracking Capabilities

Key date alerts and reporting
Amendment tracking
Unlimited subtenants
Center detail tracking
Security & authentication management
Covenant tracking
Co-tenancy tracking
Lease Analytics
Report builders

Operational & Management Improvements

Maintenance task info management
Insurance certifications access
Security deposit management
Workflow builders
Equipment lease management
Franchise management
License management
Document management
KENDALL DUKES Senior Manager
Real Estate Processes/Lease Administration
“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.”

2019 Fiscal Year – U.S. Public and International Companies (FASB/IASB)

2021 Fiscal Year – U.S. Private Companies & Government Organizations (FASB/GASB)

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