New FASB and IASB regulations make it critical that your contracts are well managed. Otherwise, meeting the new lease reporting standards becomes much more difficult. Not impossible, but it might as well be.
Lucernex’ Lease Management solution tracks the needed details from all of your leases and contracts, allowing you to handle top-level concerns, like key dates, financial obligations and insurance requirements. Our solution also calculates your rent and expense obligations down to the penny so you never overpay a landlord.
Complete access to contractual information across multiple contract types.
Increase visibility of contractual terms and key clauses across the organization through automated notifications and configurable dashboards.
Real-time statuses of real estate commitment.
Assess the FASB/IASB lease impact on balance sheet assets and liabilities.
Control costs by easily identifying opportunities to renegotiate lease terms and rates and consolidate or dispose of underused assets.
Our solutions are delivered on a cloud-based, single database platform to eliminate expensive and time-consuming software upgrades. Our solutions support global portfolios with multi-currency and languages and will easily integrate with leading ERPs. The software is configurable to meet your unique requirements and maintains the highest security standards with SOC1 and SOC2 certifications.