Lease Accounting Solution
September 12, 2018
Lease Accounting Solution
Score 10 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
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 Query is better.