Lease Accounting Solution
September 12, 2018

Lease Accounting Solution

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Modules Used

  • Lease Administration & Accounting for Real Estate
  • Lease Administration & Accounting for Equipment

Overall Satisfaction with Lucernex Lease Administration & Accounting, an Accruent company

Lucernex Lease Administration & Accounting has been procured to help accounting and reporting efforts to adhere to the new ASC 842 & IFRS 16 lease accounting standards. We are in the pre-implementation data collection stages and we hope during implementation to solve our challenges with lease tracking, and accounting for lease expense under the new standards.
  • During our sales meeting where the product/content expert demoed the tool I was very impressed on how knowledgeable he was and how the lease admin tool operates and its capabilities are structured.
  • The Lease Admin Tool in my opinion, is organized, and easily adaptable to our company needs. Shouldn't be a large learning curve for new hires.
  • The training was great, had no issues, all trainers were knowledgeable and helpful anytime anyone had a question.
  • We asked the demo expert to prepare the system to show how it would handle a real life scenario, and they were unable to do so.
Lease accounting and tracking software.
Lease Query is better.
Professional demo, and good training program that walks you through processes.