Great Lease Accounting System
September 17, 2018
Great Lease Accounting System
Score 9 out of 10
Vetted Review
Verified User
Modules Used
- Lease Administration & Accounting for Real Estate
- Lease Administration & Accounting for Equipment
Overall Satisfaction with Lucernex Lease Administration & Accounting, an Accruent company
We are about 1/2 way through the implementation. We will be using it to calculate our current SL rent and the new 842 schedules.
- CAM/RET reconciliations
- SL rent schedules
- You can customize it to the point it could be too customized and hard to report on the data I think.
- The configuration is pretty complex.
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:
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