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What is IRIS Lease Accounting?

Seamlessly attain compliance with IFRS 16 and ASC 842 standards through IRIS Lease Accounting. This cutting-edge solution empowers organizations to streamline their compliance procedures in line with contemporary lease accounting regulations, optimize leasing operations, align strategies across different departments, and improve overall leasing outcomes. IRIS Lease Accounting serves as a dependable resource that simplifies the process of adhering to both IFRS 16 and ASC 842. Professionals in the finance sector, including those in publicly listed companies and government entities, rely on IRIS Innervision to transform their leasing processes, integrate their data efficiently, and automate compliance with lease accounting standards. By moving away from cumbersome spreadsheets, organizations can readily fulfill the latest lease accounting mandates, ensuring sustained compliance year after year while also acquiring critical insights into their leasing practices. This approach not only enhances operational efficiency but also supports informed decision-making regarding lease management.

What is Accruent Lucernex?

Lucernex is a software solution that specializes in lease administration and accounting. Offered by Accruent, this intelligent leasing platform enables organizations to effectively handle intricate scenarios involving real estate and equipment leases while minimizing risk and ensuring compliance with FASB and IASB regulations. It provides seamless integration with Enterprise Resource Planning (ERP) tools, enhancing operational efficiency. As a cloud-based lease accounting software platform, Lucernex is specifically engineered to simplify both real estate and equipment leasing processes. By automating lease administration and accounting, it establishes a centralized data repository, serving as a single source of truth. This functionality allows users to gain a comprehensive view of their entire lease portfolio and accurately assess financial obligations. Furthermore, the software aids in pinpointing underperforming assets and capitalizing on favorable lease terms. Additionally, Lucernex enhances team productivity by optimizing workflows, streamlining processes, and facilitating quicker approvals, ultimately contributing to improved decision-making and resource management.

Media

Media

Integrations Supported

Accruent Lx Contracts
IFS Ultimo
itamlink

Integrations Supported

Accruent Lx Contracts
IFS Ultimo
itamlink

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

IRIS Software

Date Founded

1996

Company Location

United Kingdom

Company Website

www.iris.co.uk/products/iris-innervision/lease-accounting-software/

Company Facts

Organization Name

Accruent

Date Founded

1995

Company Location

United States

Company Website

www.accruent.com/solutions/lease-administration-accounting/lease-administration-accounting-lucernex

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Categories and Features

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

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