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Accruent Lucernex Reviews & Product Details

Accruent Lucernex Overview

What is Accruent Lucernex?

Lucernex is an award-winning comprehensive cloud-based real estate management solution that helps organizations located all over the world to make better decisions, achieve and maintain compliance, cut costs, and improve performance. Lucernex is updated regularly by industry experts to ensure continued compliance with the latest financial reporting standards and has achieved a perfect 100% success rate helping organizations get into compliance with FASB ASC 842, IASB IFRS 16, GASB 87, and more. In addition to a perfect compliance track record, Lucernex is a fully scalable and integrated solution that offers many advantages over competing software solutions. These include a unified platform for planning, executing, and monitoring projects, better visibility of portfolio and project health, the ability to oversee and optimize capital spend to maximize returns, improve resource allocation and reduce waste, manage risk, facilitate collaboration across teams to improve efficiency and productivity, and leverage data to make informed decisions. Why Choose Lucernex for Your Retail Business? • Achieve Perfect Compliance: Maintain a flawless compliance track record with a solution that has a 100% success rate in helping organizations align with critical financial reporting standards. • Gain a Competitive Edge: Lucernex offers a scalable, integrated platform unmatched by other software solutions. You'll benefit from enhanced visibility into your portfolio, optimized capital expenditure, improved resource allocation, and strategic risk management. • Drive Efficiency and Productivity: Facilitate team collaboration and leverage data for informed decision-making, ensuring your retail operations are running at peak efficiency. Lucernex Product Suite for Retail: 1. Lx Contracts: A lease administration and accounting solution for managing complex real estate and equipment lease scenarios. It provides transparency into an entire lease portfolio so users can quickly calculate lease and expense obligations, identify underperforming assets, and ensure team efficiency. Lx Contracts helps customers maintain compliance with financial reporting standards, including FASB, IASB, GASB, and IFRS, accurately classify leases, generate precise accounting schedules, and ensure data integrity. 2. Lx Markets and Sites: Provides a comprehensive solution for identifying, evaluating, and acquiring new locations. Real-time data and analytics enable customers to make smarter decisions and navigate negotiations with ease, helping to reduce time to purchase and increase revenue weeks per site. 3. Lx Projects: Brings physical resources and human resources together to work efficiently, promoting visibility into critical details between project managers and construction teams. Users can attach videos, documents, and photos from their mobile devices, assign files to individuals, and securely communicate specs to construction firms. 4. Lx Transaction Management: Users can monitor transactions in a centralized dashboard and can report on those transactions, create schedules, track contacts, store transaction documents, and track the progress of lease negotiations on existing leases. In addition, the scenario comparison functionality allows side-by-side comparison of financial information, building specifications, lease details, and demographic data ― highlighting key differences to aid in transaction decisions. Empower Your Retail Strategy with Lucernex Choose Lucernex for a holistic approach to real estate management. From planning to execution, our suite of products supports your retail business every step of the way. Experience the power of a solution that streamlines operations, maximizes returns, and simplifies compliance.

Accruent Lucernex Details
Languages Supported
German, English, French, Italian, Japanese, Portuguese, Spanish, Chinese (Simplified)
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Product Description

Lucernex’s cloud-based project management solution is designed to enable project managers, vendors and construction teams with visibility into critical details.


Seller Details
Seller
Accruent
Year Founded
1995
HQ Location
Austin, TX
Twitter
@AccruentLLC
1,309 Twitter followers
LinkedIn® Page
www.linkedin.com
1,138 employees on LinkedIn®
Description

Accruent is a service provider of software solutions for managing the built environment, including real estate, facilities, and asset management. The company's offerings are designed to help organizations optimize their physical assets, enhance operational efficiency, and improve compliance with industry standards. Accruent serves a wide range of industries, including healthcare, retail, manufacturing, education, and public sector. Their product suite includes facilities management, lease management, and maintenance management software. Headquartered in Austin, Texas, Accruent supports businesses globally with innovative technology solutions tailored to meet the challenges of managing complex physical resources.


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Overview Provided by:

Recent Accruent Lucernex Reviews

Treyanna B.
TB
Treyanna B.Enterprise (> 1000 emp.)
5.0 out of 5
"Software with easy"
I love how easy it was to navigate through the system and platform.
Katrina E.
KE
Katrina E.Mid-Market (51-1000 emp.)
5.0 out of 5
"Lucernex User Review"
The company I work for use Lucernex for all of our real estate contracts owned and leased and also parcels. Lucernex makes it very easy for real ti...
Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Lucernex - Review as a customer and System Administrator"
We've been utilzing Lx for over 8 years. We've found it to be one of the most comprehensive tools on the market to manage our real estate and equip...

Accruent Lucernex Media

Accruent Lucernex Demo - Lucernex For the Full Real Estate Lifecycle
Effectively manage real estate and equipment leases
Accruent Lucernex Demo - Lucernex For the Full Real Estate Lifecycle
Increase Financial Projection Accuracy
Accruent Lucernex Demo - Lucernex For the Full Real Estate Lifecycle
Maximize Speed to Market
Accruent Lucernex Demo - Lucernex For the Full Real Estate Lifecycle
Streamline On-Site Task Execution
Accruent Lucernex Demo - Lucernex For the Full Real Estate Lifecycle
Monitor The Transaction Lifecycle
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Have you used Accruent Lucernex before?
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18 Accruent Lucernex Reviews

4.1 out of 5
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18 Accruent Lucernex Reviews
4.1 out of 5
18 Accruent Lucernex Reviews
4.1 out of 5
G2 reviews are authentic and verified.
Katrina E.
KE
System Support Specialist
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Accruent Lucernex?

The company I work for use Lucernex for all of our real estate contracts owned and leased and also parcels. Lucernex makes it very easy for real time information and storing documents. We also use it to process it payments. It makes processing payments a breeze! It is a very friendly user tool! And customer support is very knowledge and handles your issues expeditiously! Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

I have not found anything about Lucernex I don't like for my uses! Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

There isn't any problems with Lucernex for me. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
AH
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Accruent Lucernex?

We've been utilzing Lx for over 8 years. We've found it to be one of the most comprehensive tools on the market to manage our real estate and equipment leases. In addtion, for the past several years, we've utilzed the accounting function to support our IFRS and GAAP needs as the new governance requires. This moved us away from the standard straight line accouting model. Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

We haven't experienced many downsides. We don't utilze LX for the project, budgeting or workflow functions because we already had an internal infrastructure to do those things. One critique I have of late is that the group is no longer conducting webinars with each of the software releases. We felt this was a great way for the customers to get a first hand look at the expected enhancements and bug fixes that are being addressed and get to ask questions. This is pertinent because we take this informaton back to our lease admins, lease auditors, lease abstractors and accouting team to break down the new features and how they may be impacted Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

On the question above the only option in the dropdown is 'Capital Project Managment' . We dont use this feature but it was the only one available and I had to select it to move on. We use accrount for our real estate and equipment leases, abstraction, audits and accouting related.

Lx isn't necessarily solving problems; however it more than adequately meets our business need to have all of our leases in a central database . From this, we are able to pay vendors, provide timely accounting data, manage the leases, abstract and audit in a more efective manner. Review collected by and hosted on G2.com.

Saju S.
SS
Not Working
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Accruent Lucernex?

Designing, Planning, and Scheduling Software, especially a Construction project

1 ) sharing files

2) Dashboard/Presentation

3) Earn value and other Key Performance Index reports (KPI)

4) Project/ Progress monitoring.

Basically, almost everything is for construction/Real estate developer profession or project control manager Job Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

It's not that suitable for very big projects with 20,000 activities, Since it is more into reporting and presentation, delay analysis, and cost analysis processes that have to do with other software. Not that popular. It's not suitable and much more complicated when you introduce a system like a Client, consultant, and contractor. Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

Construction project control management, Planning, and scheduling, reporting ( Dashboard) Review collected by and hosted on G2.com.

Kajal P.
KP
Accountant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Accruent Lucernex?

It is most user friendly. Data management and various different charts which are used to understand the status of the project is very clear. Team friendly and easy to access. Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

It becomes little complicated when complex projects come into the picture. A short video for user in start is helpful if user is new and wants to understand this software. Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

It helps me to understand the status and performance of project with various charts like Gantt chart. It helps to use seven quality tools which helps us to check the quality performance of the project Review collected by and hosted on G2.com.

Lin J.
LJ
Engineering Director
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Accruent Lucernex?

The function is very comprehensive. Including attaching video files, documents and photos via mobile device, Assigning specific files to individual people, Sharing information on many devices to many users, etc. Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

We are majorly seeking to use Lucernex Projects to attach and store your construction project photos and documents. However, the overall product sometimes seems not very stable when attaching big files. But I am unsure if it is a network or an app problem. Also, the related learning document is insufficient compared to other products from more prominent companies. Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

As mentioned, we are majorly seeking to use Lucernex Projects to attach and store your construction project photos and documents. It could operate through mobile phone which is very convenient. Review collected by and hosted on G2.com.

LV
Advisor I, Technical Support
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Accruent Lucernex?

The most helpful thing about this program is how it helps us, representatives and clients, how we can manage our business-related work; I hope this will improve more. Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

There is nothing I can think of that I dislike about this program; I believe it's just a matter of time before I might encounter something that I dislike but rest assured, I will leave feedback about it. Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

Appointments with clients are the best thing that helps us, customers and clients, to be more efficient in our workplace. Time management is the most valuable thing. Review collected by and hosted on G2.com.

Laura D.
LD
Recruitment and Onboarding Operations Specialist
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Accruent Lucernex?

Charlotte is a growing market for commercial real estate and the architecture firm I worked for found this product innovative and very easy to use Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

We had some issues with set up and updates that were Related to our own internet capabilities Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

We had multiple projects happening simultaneously in various cities with differing hourly charges per hour. This project management software was very instrumental in determining the billable hours per client. Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Accruent Lucernex?

Before using LPM, I was using a series of emails, spreadsheets, pdfs, powerpoints and it was a mess trying to organize everything into one central place and remain organized. LMP allowed me to centralize everything into one tool so everyone on my team can see and be aware of the progress of the building. Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

The UX is still a little rough around the edges and could be improved. Getting up to speed is also a little challenging because some of the features are not fully intuitive. I am sure it will be improved over time. Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

For me the biggest problem is remaining organized so my entire team can be aware of the latest progress all at once. Before it was a hodgepodge of documents putting it all together. Review collected by and hosted on G2.com.

Cindy G.
CG
HR/Office Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Rating Updated ()
What do you like best about Accruent Lucernex?

I've not been able to get into the system to make this determiniation Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

When I was FINALLY able to track the system down, the only way for me to see if it's something I'd like to consider, I was brought to a pdf file to schedule an appointment with sales.

I can't make that decision unless I know the system's capabilities. Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

I've not been able to get into the system to make this determiniation Review collected by and hosted on G2.com.

Verified User in Construction
CC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Accruent Lucernex?

The way you can manage your new location construction, openings and capital improvement process effortlessly with improved control and access to data-driven decision making that will completely revolutionize our project management process. Review collected by and hosted on G2.com.

What do you dislike about Accruent Lucernex?

There are a number of improvement area such as user interface and data security protocols. Review collected by and hosted on G2.com.

What problems is Accruent Lucernex solving and how is that benefiting you?

As we are a commercial properties and construction management firm. I really appriciate the way we can manage construction sites according to locations. Review collected by and hosted on G2.com.