Lease Administration Software

Lx Contracts Our Lease Administration, Rent Accounting and Real Estate Contract Management solution is available stand-alone or as a fully integrated module of Lx IWMS that provides control, compliance and cost savings. Lx Contracts serves as the system of record for all of your owned and leased real estate assets including leases, subleases, purchase agreements, franchise agreements, equipment leases and more.

Designed by the original designer of SLIM lease administration software, Lx Contracts is the perfect upgrade for any SLIM, REM, RetaiLease or Siteseer client looking to upgrade to a more advanced, web-based lease administration and rent accounting solution without breaking the bank!

Key Features

• Percentage Rent – handles multiple calculating methods including natural break, cumulative and annual gross-up for calculating variable rent including sales forecasting
• Straight Line Rent Accounting – complies with current FASB and SOX requirements. Architecture in place to quickly adapt to upcoming FASB requirements
• Critical Dates - manage all critical dates with built-in and client definable reporting
• Critical Issues – manages multi-threaded issues with alerts and escalations. Fully integrated with Lx IWMS Work Flow engine
• Internal Chargebacks – provides mechanism to allocate rent expense across the organization
• Multi-currency – can handle financial data in different currencies
• Subleasing – supports unlimited number of subtenants (internal or external), assignments and third party leases
• Reporting – many delivered reports plus an easy to use ad-hoc report builder for the non-technical user that can report on ANY data in the system including client defined fields

What sets Lx Contracts apart?

• Lease Analysis and Comparison – Run cash flow and P&L analysis including GAAP/SOX impact. Compare multiple sites lease analyses to pick the best site or to evaluate a renewal.
• Handles any type of deal or contract – Flexible architecture that can handle any combination of leases, subleases, franchise agreements, equipment leases attached to any Location, Parcel, Site, Project, Facility, Space or other Contract.
• 100% Web-based – Designed from the ground up as a Web delivered application
• Leased and Owned Properties – Can handle all of your leased and owned properties
• Designed by the creator of SLIM – Ken Brown, SLIM designer, has done it again with Lx Contracts!
• Powerful data conversion and implementation tools – Fast, accurate implementation
• Integrated Work Flow – Manage complex or simple acquisition, renewal & other key processes
• Proforma Lease Creation – Collect pre-deal data, run scenario analyses, compare multiple deals
• Integrate any MS Excel workbook – Quickly integrate your time tested Excel models to run online