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AMTdirect

AMTdirect

Overview

What is AMTdirect?

AMTdirect provides anytime access to an organization's full inventory of property, location and lease information, contracts, associated expenses and revenues, and all related documents. The solution includes integrated real estate accounting and financial compliance, along with project management, facility management…

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Recent Reviews

TrustRadius Insights

AMTdirect is a comprehensive software solution that has proved beneficial for various users and organizations. With the ability to have …
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Pricing

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What is AMTdirect?

AMTdirect provides anytime access to an organization's full inventory of property, location and lease information, contracts, associated expenses and revenues, and all related documents. The solution includes integrated real estate accounting and financial compliance, along with project management,…

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Demos

AMTdirect Lease Administration Software vs. Excel: Multiple Users

YouTube
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Product Details

What is AMTdirect?

AMTdirect Features

  • Supported: Real Estate and Lease Administration
  • Supported: Real Estate Accounting
  • Supported: Location Optimization
  • Supported: Facility Management
  • Supported: Real Estate Project Management
  • Supported: Critical Date Management
  • Supported: Real Estate and Lease Reporting
  • Supported: Transparent Data Access
  • Supported: FASB Compliance

AMTdirect Competitors

AMTdirect Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android

AMTdirect Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)0%
Mid-Size Companies (51-500 employees)15%
Enterprises (more than 500 employees)85%
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Comparisons

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Reviews and Ratings

(2)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

AMTdirect is a comprehensive software solution that has proved beneficial for various users and organizations. With the ability to have all user data and documents in one place, users find it easier to track critical dates and stay on top of lease renewals and expirations without missing any deadlines. The software also offers the convenience of tracking complex amortization schedules, eliminating the need for relying on Excel. Additionally, users appreciate the AI-based evaluations provided by AMTdirect, which offer high accuracy and make it suitable for medium-sized organizations. The customization options in terms of field names and labels allow users to tailor the software to their specific needs. Despite a few flaws, users commend the responsive customer service team who actively work towards improving the user experience.

One of the standout features of AMTdirect is its integrated search tools and various ways to upload content, making it easy for users to access information swiftly. The cloud-based platform allows users to save documents and provides a well-organized lease overview screen for convenient information retrieval. The software's reporting capabilities are highly commended as they streamline monthly sales reporting and provide top-notch results. It also serves as a single data source for all lease-related documents, reducing time consumption and improving efficiency for administrative departments. Moreover, AMTdirect has been instrumental in managing leases globally for compliance with US GAAP.

While some users have found the software not intuitive for accounting purposes and limited in generating usable Excel reports, they appreciate the support provided by the customer service team when inputting and communicating lease information. Users have experienced improved efficiency and effectiveness with AMTdirect's ease of access and good customer support. However, there can be a learning curve for properly utilizing its extensive information and detailed abstraction requirements. Nonetheless, the benefits of using AMTdirect are evident in terms of saving time, money, and avoiding missed renewal and termination dates – making it an essential asset for many companies relying on effective lease management.

Customization Options: Users appreciate the customization options available in the software, allowing them to make customizations to their company's database and improve their overall experience. Multiple reviewers have mentioned this as a valuable feature.

Automation and Time-saving: Reviewers praise AMTdirect for its automation capabilities, which ensure accurate calculations and save time. They also mention that the tool is customizable and cost-effective. Several users have highlighted this aspect of the software.

Flexibility and Customizability: Many users mention that AMTdirect is easily customizable, offering the flexibility to meet the specific requirements of their organizations. They appreciate the liberty of setting up the software according to their needs and being able to change labels for each department. The cloud-based nature of the software and its portfolio insight feature are also noted by multiple reviewers as beneficial aspects.

Slow performance and frequent hang-ups: Some users have expressed frustration with the software due to slow performance and frequent hang-ups when running reports. These issues have significantly impacted their productivity and efficiency.

Complicated navigation: Several reviewers have found the navigation of the software to be complicated, making it challenging for them to easily locate and access the desired features. This complexity has caused confusion and slowed down their workflow.

Lack of free trial: The absence of a free trial option is seen as a drawback by some potential customers. They would prefer the opportunity to test out the software before committing to a paid subscription, as it would allow them to assess its suitability for their specific needs.

Users of AMTdirect have provided several recommendations based on their experiences with the software. Firstly, some users have suggested that the implementation process could have been improved by providing a better understanding of the final product earlier. This feedback indicates that users would have appreciated more clarity and information about the software before implementing it. Secondly, it has been recommended that if there is a need for both lease management software and lease accounting, it may be best to look elsewhere. AMTdirect is primarily focused on lease accounting rather than lease management. Users advise against using AMTdirect for both purposes. Lastly, it has been advised to spend time learning how the Revisions function works in AMTdirect. This recommendation highlights the importance of familiarizing oneself with this feature in order to fully utilize its capabilities and benefits. These three recommendations highlight areas where AMTdirect could improve its implementation process, clarify its focus on lease accounting, and emphasize the importance of understanding and utilizing key features such as Revisions.

Attribute Ratings

Reviews

(1-1 of 1)
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Tanya Cooksey | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
We use AMTDirect to assist with our lease management for negotiation purposes, renewals, terminations, monthly recurring payments as well as maintenance and repairs issues for each property by utilizing the Lease Management Module and the Facilities Module. We also use the Project module for store openings, closings, moves, remodels, etc. I am the main user of AMTDirect. I am the only one responsible for 54 locations currently with regards to all leasing, maintenance and repair issues. I could not be as efficient as I am without AMTDirect. It has made my life so much more organized and informed. My boss and our Sr. Sales Director also use the software via AMTMobile for their cell phone and tablets. They predominantly use AMTDirect for information purposes in order to make decisions for our properties. AMTDirect has aided us in making informed decisions due to lease abstraction in detail and therefore with little effort we are able to access the information needed to make those decisions. AMTDirect has helped us avoid missing timely dates for renewals and terminations when in the past that was not always the case. Again, AMTDirect has been a great asset to our company.
  • AMTDirect allows for customization to your specific needs in a snapshot. One area I appreciate is that I am able to change most labels/field names to coincide with our specific naming conventions.
  • AMTDirect has wonderful support. They respond very quickly and I always feel that I am important and matter to them.
  • AMTDirect is always interested in what I would like to see added to be even more useful to my needs. They listen to me and strive to make those changes.
  • Initially when I started using AMTDirect it was a little overwhelming because it is a lot of detail. At times I would like to see it a little more simplified. However, I will say they have over the past 6 years done that exactly. It is becoming more simplified to use, but with the same important outcomes.
  • The software is much faster than it was when I initially started using it. Some of that might be resolved if there were some drag and drop type situations more I think.
I think for medium to large companies AMTDirect would be invaluable to have the "whole" picture of all properties at your finger tips. For smaller companies with 10 or fewer properties maybe not as "necessary".
  • AMTDirect has positively impacted our company for the simple fact that 1 person is able to handle 54 properties with regards to lease management, maintenance/repair and projects for those locations. We were at the point of needing to hire additional help, but AMTDirect has made it possible to delay hiring additional employees until we grow a little more.
  • AMTDirect has made it possible to be able for me to work from any where and not in an office with a bunch of files, because the information is at my fingertips. I am able to travel to our stores and still be able to take care of issues and answer important and at times timely questions.
2
Our Director of Operations(my boss) and myself are the solid users. Our Director of Sales uses the AMT Mobile app mostly for lease terminations, reoccurring payments, and our non-financial clauses. Finally, our Area Sales Managers & Store Managers are notified of work orders created and status changes to those work orders through the email created by AMTDirect.
2
Facilities & Lease Manager as well as our Director of Operations uses this software for leasing, facilities management as well as project management. Need to have a good understanding of how leases work of course.. It is a little challenging at 1st, but well worth the time to learn the operations and if you utilize the training services on-site with AMTDirect you will be good to go. I highly recommend that additional service from AMTDirect.
  • Implemented in-house
I have not listened to any of the on-line video or webinars, but I have used the "help" guides and they are very easy to understand and for the most part that is how I have taught myself to use features I have never utilized before.
From my experience, AMTDirect does have a bit of a learning curve, but once you pass that curve the system has details and information that are vital to the decision process of lease negotiations, lease & facilities management as well as project management. I've said it a thousand times, AMTDirect is the only reason I am able to manage 50+ retail spaces by myself with regards to all of the above decisions.
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