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.
N/A
Primavera Unifier
Score 8.6 out of 10
N/A
Facilities Asset Management Software Oracle Primavera Unifier aims to drive best practices that increase visibility and efficiency, allowing users to leverage extensive configurability along with prebuilt processes to automate any business process with custom forms and workflows.
Key Benefits:
- Configurability and governance—automate any process, from simple to complex, with total control and data ownership
- Cloud or on-premise deployment
- A comprehensive…
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.
Well suited: Used for construction domain for management of multiple vendors and sites. Used in cost management in energy domain company Not suited for: Partner users- once the company is inactive, all users will be inactive.
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.
Primavera Unifier is right fit for construction-based or engineering based companies where there is a need to manage project costs, resources and deliverables to meet customer requirements. It is well suited for companies that run on Oracle ERP and companies that use Primavera P6 for scheduling. Primavera Unifier also has Accelerators which are pre-configured components that can be enhanced as per the business requirement. Overall, a good tool for managing complex customer projects
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
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
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.