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.
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German, English, French, Italian, Japanese, Portuguese, Spanish, Chinese (Simplified)
Product Description
Lucernex’s cloud-based project management solution is designed to enable project managers, vendors and construction teams with visibility into critical details.
Overview by
Stephanie Leontis
