Lucernex Lease Administration & Accounting Reviews

26 Ratings
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Score 7.8 out of 100

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Reviews (1-18 of 18)

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September 12, 2018
Bryan Kelly, CPA, CFE, MBA | TrustRadius Reviewer
Score 9 out of 10
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SAP and IBM's offering was overly intricate for our needs. Their costs were out of our budget range. We also looked at services from external audit firms, which showed the same result.
Read Bryan Kelly, CPA, CFE, MBA's full review
July 09, 2018
Kimberly F Williams, Esq. | TrustRadius Reviewer
Score 10 out of 10
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We chose Lucernex based on the commitment of building and maintaining the customer/vendor relationship to grow the product, the end user ability to configure the system and the systems functionality to complete all of our lease management needs.
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April 05, 2018
William Rose | TrustRadius Reviewer
Score 8 out of 10
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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.
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September 12, 2018
Anonymous | TrustRadius Reviewer
Score 7 out of 10
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We already use another Accruent program and plan to transition additional modules next year, so we did not evaluate other companies specifically for the Lease Admin/Accounting piece. We looked at Lucernex as a whole Real Estate lifecyle and it offered us the most in terms of configuration for all of our real estate needs.
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September 17, 2018
Anonymous | TrustRadius Reviewer
Score 9 out of 10
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Alternatives Considered

We currently use CoStar, but it has very limited capabilities, which is why we chose to move to Lucernex.

Specifically, the limitations of CoStar are:
Reports are difficult to create and standard reports are lacking needed information.
Abstracts are long and cumbersome with no ability to customize
SL schedules can only be run by location instead of all locations combined
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September 12, 2018
Anonymous | TrustRadius Reviewer
Score 8 out of 10
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Alternatives Considered

We evaluated Prolease and CoStar. ProLease provided the bare minimum, while functional, lacked the integration piece to other systems. CoStar was the cadillac of systems. Lucernex was a good middle ground.
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April 06, 2018
Anonymous | TrustRadius Reviewer
Score 1 out of 10
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Alternatives Considered

I was not around when the program was selected, but I know at the time that we selected Lucernex mainly because it was the only cloud-based software we knew about at the time and that was a requirement that our IT notified us of late in our search.
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Lucernex Lease Administration & Accounting Scorecard Summary

What is Lucernex Lease Administration & Accounting?

The Lucernex Lease Administration and Accounting solution allows companies to manage the most complex real estate and equipment lease scenarios, mitigate risk, and achieve ultimate FASB/IASB compliance. By empowering companies to achieve their mission and enable better decision making, processes become standardized and visibility into real estate and equipment leases increases.

Lucernex Lease Administration & Accounting Features

Has featureFASB/IASB Compliant
Has featureLease Accounting
Has featureLease Administration
Has featureReal Estate Leases
Has featureEquipment Leases
Has featureSeamless ERP Integration
Has featureRisk Mitigation

Lucernex Lease Administration & Accounting Video

In this video you will see how managing physical assets is highly complex and only Accruent has you covered from the boardroom to the control room.

Lucernex Lease Administration & Accounting Integrations

Yardi Voyager, SAP, Oracle, Peoplesoft, Workday

Lucernex Lease Administration & Accounting Competitors

COSTAR, Tririga, Lease Accelerator

Lucernex Lease Administration & Accounting Pricing

  • Does not have featureFree Trial Available?No
  • Does not have featureFree or Freemium Version Available?No
  • Has featurePremium Consulting/Integration Services Available?Yes
  • Entry-level set up fee?Required

Lucernex Lease Administration & Accounting Customer Size Distribution

Consumers
0%
Small Businesses (1-50 employees)
5%
Mid-Size Companies (51-500 employees)
40%
Enterprises (> 500 employees)
55%

Lucernex Lease Administration & Accounting Support Options

 Free VersionPaid Version
Phone
FAQ/Knowledgebase
Social Media
Video Tutorials / Webinar
Email
Forum/Community

Lucernex Lease Administration & Accounting Technical Details

Deployment Types:SaaS
Operating Systems: Unspecified
Mobile Application:No
Supported Countries:All
Supported Languages: Chinese Simplified, Chinese Traditional, Dutch, English, French, German, Japanese, Korean, Portuguese, Russian, Spanish, Thai, Turkish