Lease Administration & Accounting Software | Lx Contracts

Accruent's intelligent lease administration software solution helps organizations manage complex real estate and equipment lease scenarios, mitigate risk, and achieve FASB and IASB compliance. Plus, it seamlessly integrates into your Enterprise Resource Planning Tools (ERP). 

Trusted by Industry Leaders Across 50+ Countries

Brand-Logo - Trusted by Industry Leaders Across 50+ Countries
Brand-Logo - Trusted by Industry Leaders Across 50+ Countries
Brand-Logo - Trusted by Industry Leaders Across 50+ Countries
Brand-Logo - Trusted by Industry Leaders Across 50+ Countries
Brand-Logo - Trusted by Industry Leaders Across 50+ Countries

Get FASB/IASB Compliant

Effectively Manage Real Estate and Equipment Leases

In today’s competitive world, companies that thrive take advantage of technology and find efficiencies to get to market faster and focus on the customer experience. All too often, lease administration and accounting can feel like a revolving door of paperwork, inefficiency and evolving standards. These issues are quickly resolved by using an effective management software designed specifically for real estate and equipment leases.

Lucernex is a cloud-based, lease accounting software platform designed to streamline real estate and equipment leases. With Lucernex, you can 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 quickly calculate your lease and expense obligations, identify underperforming assets, take advantage of lease terms and conditions and ensure team efficiency through workflows, processes and approvals. Plus, Lucernex will help you meet the new financial reporting requirements under ASC 842 & IFRS 16 and stay compliant in the future.

FASB, IASB & GASB  - Main

FASB, IASB & GASB

Due to the new accounting standards, organizations must include both lessee and lessor lease obligations of all real estate and equipment assets with lease terms of more than 12 months on their balance sheets.

Lease Accounting Compliance Related Info

Genesco

#CaseStudies

Genesco implemented the Lucernex product suite to create a single information source, accessible across departments. The Company uses Lease Administration & Accounting capabilities to manage rent obligations and ensure FASB compliance for more than 3,500 real estate and equipment leases.

Genesco  - Logo
Read the Case Study

#Resources

Request a Demo

Accruent - Form - Request a Demo

Phone

Inside the US: (512) 861-0726
Outside the US: +31 (88) 022-5700

Got questions?

Contact one of our departments to solve your problem.

Services & Support

We want to ensure your Accruent solutions keep delivering maximum results.

Go to Services & Support
Contact Us

Contact us for product demos, sales, and general inquiries related to the Accruent suite of products.

Contact Us
Careers

We offer competitive benefits, opportunities to take on new challenges, recognition.

Explore Careers