26 Ratings
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Score 7.7 out of 100
1 Ratings
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Score 10 out of 100

Likelihood to Recommend

Lucernex Lease Administration & Accounting

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.
Bryan Kelly, CPA, CFE, MBA | TrustRadius Reviewer

Qualia

Qualia doesn't "lose" data when you go from screen to screen as other programs do. It is very easy to set up a transaction.
Bob Visnick | TrustRadius Reviewer

Pros

Lucernex Lease Administration & Accounting

  • 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.
Kimberly F Williams, Esq. | TrustRadius Reviewer

Qualia

  • Data entry
  • Document prepration
  • Ease of amending information
  • Intuitive
Bob Visnick | TrustRadius Reviewer

Cons

Lucernex Lease Administration & Accounting

  • The sales person we worked with seemed to have some communication gaps when passing off to the implementation team.
  • The implementation start was rocky due to enduring disconnect on our needs versus what was included in the SOW.
  • As a client, we were not clear on what was fundamentally included in our SOW and how that would impact the end-product.
Anonymous | TrustRadius Reviewer

Qualia

  • A few areas are a little difficult to change on the settlement statements and so we have to go in manually and make those changes.
Bob Visnick | TrustRadius Reviewer

Support Rating

Lucernex Lease Administration & Accounting

No score
No answers yet
No answers on this topic

Qualia

Qualia 10.0
Based on 1 answer
Whenever we contact customer service, we get a very prompt and complete response
Bob Visnick | TrustRadius Reviewer

In-Person Training

Lucernex Lease Administration & Accounting

Lucernex Lease Administration & Accounting 7.7
Based on 3 answers
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
Anonymous | TrustRadius Reviewer

Qualia

No score
No answers yet
No answers on this topic

Alternatives Considered

Lucernex Lease Administration & Accounting

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
William Rose | TrustRadius Reviewer

Qualia

We have used e-closing and, a long time ago, ABC. Qualia is easier for data entry and doesn't lose data if you forget to hit "save." It is very intuitive.
Bob Visnick | TrustRadius Reviewer

Return on Investment

Lucernex Lease Administration & Accounting

  • 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.
Kimberly F Williams, Esq. | TrustRadius Reviewer

Qualia

  • Very positive ROI as the program is inexpensive and really enhances productivity.
Bob Visnick | TrustRadius Reviewer

Pricing Details

Lucernex Lease Administration & Accounting

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required

Qualia

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

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