Lease Management

Lease Management, developed by Civix, is a comprehensive lease management system designed to assist public organizations in identifying, tracking, and generating revenue from their leases. This dynamic software solution is suitable for public organizations of all sizes, including state and local governments. It caters to a range of professions and industries, including government agencies, public sector organizations, property management companies, real estate departments, and state and local governments.

Key Features

Enterprise Lease Management: According to Civix, their enterprise solution encompasses various aspects of the revenue cycle, including maintenance revenue flows, contract management, and billing. It offers a suite of fully integrated modules for agreement and company management, billing and invoicing management, tenant portal, activity management, property and space management, and accounts receivable management.

Broad Functionality: The software goes beyond lease management and provides a full spectrum of functionality. According to the vendor, users can efficiently manage billing and invoicing, tenants, property and space, fixed revenue activity, and accounts receivable within a single platform.

Automated Processes: Civix claims that their system collects data elements within each lease to track components subject to federal compliance. It applies established rules automatically to ensure accurate and efficient lease management. The vendor states that by automating processes, it reduces manual effort, improves accuracy, and saves time.

Seamless Integration: The application comes with a standard extensible API hub, enabling seamless integration with the general ledger. According to Civix, users can connect Lease Management with other systems and software they use, ensuring data consistency and eliminating the need for manual data entry.

Configurability: Civix claims that their system offers configurable landing pages, fields, reports, and data sets. Users can tailor the software to their specific needs and preferences, enhancing usability and efficiency. According to the vendor, configurability allows organizations to adapt the system to their unique lease management requirements.

Proven Success: According to Civix, their application is real-world tested and backed by a team of experts and licensed CPAs. It has a track record of successful implementation and use in various public sector organizations. The vendor claims that users can rely on the software's reliability, performance, and ability to meet their lease management needs.

Secure: The technology is cloud-hosted, ensuring the highest-level security and compliance for sensitive public sector workloads. According to Civix, the system meets industry standards for data protection and privacy. The vendor states that users can trust that their lease management data is secure and protected.

GASB 87 Module: Civix offers a GASB 87 Module that simplifies the adaptation to new public-sector lease accounting standards. According to the vendor, it provides virtually automated GASB 87 compliance, reducing the burden of compliance for organizations. The module ensures accurate and efficient lease accounting in accordance with GASB 87 regulations.