26 Ratings
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Score 7.7 out of 100
9 Ratings
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Score 8.7 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

SpaceIQ

SpaceIQ has been nothing but a positive for us. We have become so much more organized in our department and have only scratched the surface with what we can do with it. We are adding layers every week to improve our experience. Literally, the only thing I can think of that they could improve on is response time when it comes to customer service. We have loved SpaceIQ so far and I don't see that changing.
Brady Nelson | 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

SpaceIQ

  • Flexibility for growth. The ability to add new spaces and locations is easy.
  • SAML support is really easy to set up and very nice to use to get into the application quickly to find where someone is located.
  • Customer Support is quick to respond and always makes sure that your issues and questions have been fully resolved.
Chase Palmer, CISSP | 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

SpaceIQ

  • More training and onboarding resources detailed on site to make it easier for new employees to learn the ins and outs of the site
Anonymous | TrustRadius Reviewer

Support Rating

Lucernex Lease Administration & Accounting

No score
No answers yet
No answers on this topic

SpaceIQ

SpaceIQ 10.0
Based on 2 answers
I haven't had any issues with the software to date.
Anonymous | 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

SpaceIQ

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

SpaceIQ

Both of these companies have good space planning software solutions, but at the time we were exploring our options they were still building on what seemed to be an antiquated and bloated back-end that was not user-friendly compared to Space IQ. They had many more features than SpaceIQ could offer at the time, but SpaceIQ proved their ability to be agile and implement solutions faster than most tech companies I've worked with. At the time they were more of a startup, but I could see their promise, and we jumped in and have not regretted it one bit. They have continued to deliver innovative solutions even in areas where there were very few pain points. They continue to make things better and it's been great to work with them.
Anonymous | 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

SpaceIQ

  • It makes our lives easier.
  • We are able to review staff quickly at a glance.
  • We are able to reorganize our office space when needed.
Deidre Chavira | 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

SpaceIQ

General

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

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