April 12, 2011

Lucernex Becomes Silver Sponser of NRTA

Lucernex Becomes Silver Sponser of National Retail Tenants Association

Dallas, TX (March 31, 2011) – Lucernex Technologies, an innovative developer of business intelligence software for real estate management and development, today announced that it is a silver sponsor of the National Retail Tenants Association (NRTA). The sponsorship will give Lucernex more visibility for its suite of store lifecycle management solutions within the retail real estate industry including their FASB 13 ready Lease Administration and Rent Accounting Solution. It will also enable the company’s leadership to support NRTA’s expansion as a premier education and networking resource for industry professionals.
(more…)

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April 11, 2011

“Tentative” – The FASB IASB word of choice!

Manager of Lucernex Lease Analysis products, Mike Hammerslag, discusses the current state of the upcoming FASB changes.

A little more than two (2) years ago the Boards published their Discussion Paper, Leases: Preliminary Views. Fast forward to today and a known calendaring of the Final Document due date of 2Q-2011 or put another way June 30, 2011, and it seems that we are less then ninety (90) days away from knowing the outcome. So doesn’t it seem odd that so much is still “tentative.”
Now I must admit we do occasionally see that one or the other or sometimes both of the Boards “affirmed the decision in the leases Exposure Draft,” but is certainly feels like there are too many “tentative(s)” with less than 90 days until decision time! (more…)

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April 5, 2011

What makes Store Lifecycle Management different from IWMS?

Retail IWMS expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discuss the differences between Store Lifecycle Management (SLM) and Integrated Workplace Management Solutions (IWMS).

Since Gartner coined the term IWMS and lumped in all similar vendors including those focused on Store Lifecycle Management (SLM), it has become increasing hard to tell the difference between IWMS and SLM. Some companies provide SLM, or a point solution and call themselves IWMS and others are truly IWMS vendors and brand their product “SLM” within the retail industry. In truth, while there is an overlap of some of the core features there are marked differences in the needs of the end user, the focus of the applications and how the solutions were developed and are delivered. (more…)

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