Accruent acquired Lucernex in 2017 to boost its IWMS or asset management portfolio. Lucernex Lease Administration & Accounting is a real estate lifecycle management platform emphasizing compliant financial contracts and accountancy.
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Microsoft Dynamics GP
Score 5.4 out of 10
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Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
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Visual Lease
Score 7.0 out of 10
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Visual Lease is a Lease Management Software that provides lease accounting functionality with lease administration functionality to manage a company's lease portfolio.
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Pricing
Accruent Lucernex
Microsoft Dynamics GP
Visual Lease
Editions & Modules
No answers on this topic
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Accruent Lucernex
Microsoft Dynamics GP
Visual Lease
Free Trial
No
No
No
Free/Freemium Version
No
No
No
Premium Consulting/Integration Services
Yes
No
No
Entry-level Setup Fee
Required
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Accruent Lucernex
Microsoft Dynamics GP
Visual Lease
Features
Accruent Lucernex
Microsoft Dynamics GP
Visual Lease
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accruent Lucernex
-
Ratings
Microsoft Dynamics GP
6.4
20 Ratings
17% below category average
Visual Lease
-
Ratings
Pay calculation
00 Ratings
6.219 Ratings
00 Ratings
Benefit plan administration
00 Ratings
5.915 Ratings
00 Ratings
Direct deposit files
00 Ratings
7.518 Ratings
00 Ratings
Salary revision and increment management
00 Ratings
6.517 Ratings
00 Ratings
Reimbursement management
00 Ratings
6.016 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Accruent Lucernex
-
Ratings
Microsoft Dynamics GP
4.3
27 Ratings
55% below category average
Visual Lease
-
Ratings
API for custom integration
00 Ratings
2.526 Ratings
00 Ratings
Plug-ins
00 Ratings
6.021 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Accruent Lucernex
-
Ratings
Microsoft Dynamics GP
7.0
40 Ratings
16% below category average
Visual Lease
-
Ratings
Single sign-on capability
00 Ratings
5.732 Ratings
00 Ratings
Role-based user permissions
00 Ratings
8.240 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accruent Lucernex
-
Ratings
Microsoft Dynamics GP
5.4
41 Ratings
37% below category average
Visual Lease
-
Ratings
Dashboards
00 Ratings
3.529 Ratings
00 Ratings
Standard reports
00 Ratings
6.239 Ratings
00 Ratings
Custom reports
00 Ratings
6.539 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Accruent Lucernex
-
Ratings
Microsoft Dynamics GP
5.0
48 Ratings
42% below category average
Visual Lease
-
Ratings
Accounts payable
00 Ratings
6.445 Ratings
00 Ratings
Accounts receivable
00 Ratings
5.836 Ratings
00 Ratings
Cash management
00 Ratings
6.436 Ratings
00 Ratings
Bank reconciliation
00 Ratings
5.641 Ratings
00 Ratings
Expense management
00 Ratings
4.531 Ratings
00 Ratings
Time tracking
00 Ratings
8.014 Ratings
00 Ratings
Fixed asset management
00 Ratings
4.528 Ratings
00 Ratings
Multi-currency support
00 Ratings
2.819 Ratings
00 Ratings
Multi-division support
00 Ratings
3.026 Ratings
00 Ratings
Regulations compliance
00 Ratings
3.214 Ratings
00 Ratings
Electronic tax filing
00 Ratings
9.012 Ratings
00 Ratings
Self-service portal
00 Ratings
7.012 Ratings
00 Ratings
Global Financial Support
00 Ratings
6.07 Ratings
00 Ratings
Primary and Secondary Ledgers
00 Ratings
4.721 Ratings
00 Ratings
Intercompany Accounting
00 Ratings
3.818 Ratings
00 Ratings
Localizations
00 Ratings
4.513 Ratings
00 Ratings
Journals and Reconciliations
00 Ratings
4.626 Ratings
00 Ratings
Enterprise Accounting
00 Ratings
2.816 Ratings
00 Ratings
Configurable Accounting
00 Ratings
3.817 Ratings
00 Ratings
Centralized Rules Framework
00 Ratings
3.614 Ratings
00 Ratings
Standardized Processes
00 Ratings
6.219 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accruent Lucernex
-
Ratings
Microsoft Dynamics GP
4.4
26 Ratings
50% below category average
Visual Lease
-
Ratings
Inventory tracking
00 Ratings
6.024 Ratings
00 Ratings
Automatic reordering
00 Ratings
1.013 Ratings
00 Ratings
Location management
00 Ratings
4.018 Ratings
00 Ratings
Manufacturing module
00 Ratings
4.115 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
I believe Accruent is well suited for companies with a large amount of leased assets that need to be accounted for under the new accounting standard. Companies with fewer leases would not need an intricate tool of this size. It is suited for both real estate and equipment leases, which makes up the entirety of our portfolio.
Microsoft Dynamics GP is well-suited for our environment, as we pay a diverse group of employees, including on-the-road drivers, shop employees (some in other locations), and office employees. It easily tracks time off, taxes, pay, etc. The reporting allows us to verify with our drivers how they are paid each week, whether it be through mileage or stop-offs.
Visual Lease is well suited for companies that are trying to manage their leases in a more automated way other then spreadsheet. A company that needs visibility around their leases and wants to stay in compliance with the ever changing world of accounting. A company that wants a software that can integrate with their ERP and make routine monthly accounting entries.
Lucernex does an excellent job of listening to its customers to continue enhancing the product to make it the best in the industry and to continue to partner with their customers on this endeavor.
Lucernex's product is an intuitive product that allows its end users to customize and manager their own fields and pages to tailor individual company's needs.
Great Plains started as back office/accounting, and that is still it's strong suit.
SQL and the GP programming language, Dexterity, provide a robust, scalable, and stable platform with well documented maintenance and repair procedures. Relatively easy to manage, tune, and support.
Microsoft support for GP verges on "particularly well". Doesn't quite get there but good enough once you know what you're doing
Strong partner network, including the GP User Group (GPUG)
With respect to the allocations, once the expense is entered into the allocation account, you lose the ability to run any detail on just the total of the expense. It would be nice if you could run a trial balance on the allocation accounts the same way you can with regular accounts.
I've always thought security set up could be a bit simpler. It actually has gotten better through the years. Specifically, with eight separate entities, it would be nice to have a "master" setup where you could call up one group entity, assign the users rights, and then be finished. Currently, whenever I have a new user, I have to call up each individual entity and select all of the features I want the user to have. That means I have to do eight steps for each user.
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
Though it is a basic accounting package, I believe some users do not find the old style menus and navigation options intuitive. There is also a great lack of training resources in the market, so users have to learn the product without guidance a lot, resulting in inefficient workflows and misuse or misunderstanding of many features.
Visual Lease support was not too impressive to me because when I reached out to ask about the XXX codes in the journal entries, they did not seem concerned. They just said they were default accounts, but I did not know what I was supposed to do with them since we did not have these accounts. Also, when I asked about API integration, I could not get a good response on how to get Visual Lease to be connected with Intacct.
The trainers were knowledgeable and engaging in presenting the materials, and their emphasis on important concepts was helpful (I would rate the trainers themselves a 9!). However, I do not believe there's anything we learned in the in-person training that could not have been taught via live web-classroom. Traveling a significant distance (in our case) to Austin, TX for only approx. 12 hours in the classroom was (in my opinion) not necessary, since the same material could have been presented via live web-classroom and saved us the expense and travel-time. I would encourage Lucernex to consider moving to a live web-classroom format in the future; an online live format would still allow for participation and questions from the participants while saving clients' time and money
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
I cannot recall exactly what other products we reviewed before choosing Lucernex, but one of the leading factors was how highly customizable the software was. We had previously been using Retail Lease which was an older program with buckets of data stored everywhere. During the data mapping process, we were able to easily find a home for all of this "random" data
I come from a strong background of using SAP. SAP doesn't have the flexibility of GP, an example would be SAP doesn't allow core mods, if they catch you, you lose support. Microsoft doesn't really care about mods, but they will be quick to have the vendor you used support your issue if it is caused by those mods. With SAP your company adapts to the software, where with GP you adapt the software to you.
We also evaluated Lease Accelerator and Lease Query. We didn't go with Lease Accelerator because it didn't have lessor leases. We did not go with Lease Query because they did not have abstract reports.
Lucernex was able to complete our business objective to manage and process all of our Lease Accounting entries within the software.
Lucernex has enabled all of our departments to become better connected, work together to create synergies and transparency to better meet business objectives.
Microsoft Dynamics GP allows my clients to move from a paper or spreadsheet based company to an integrated, electronic, streamlined business. I love being able to help clients gain efficiencies through the use of Microsoft Dynamics GP.
Microsoft Dynamics GP allows for better customer service because everything is at our fingertips. If someone calls questioning an invoice, we can easily look it up. If someone calls stating they paid an invoice with a certain check number, we can quickly run a query to find that particular check number to see where it was applied.
Having everything on a single platform provides ease of use for upgrades, backups and end user training. There is only one software to learn!