AMTdirect
by MRI Software · Lease Accounting
Lease accounting and administration software for ASC 842, IFRS 16 and GASB 87 compliance.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
SAP
Oracle
Microsoft Dynamics
NetSuite- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Quote-based
- Founded
- 1996
- Headquarters
- North Carolina, United States
Overview
AMTdirect is a cloud-based lease accounting and lease administration platform originally built for corporate occupiers and lessees managing large real estate and equipment lease portfolios. Founded in 1996 and based in North Carolina, AMTdirect was acquired by MRI Software in January 2021 and now operates as part of MRI's lease accounting and contract intelligence product line, continuing to be marketed and supported under the AMTdirect name.
The platform centralizes lease contracts, locations and related documents into a single system of record, automates the calculations required for modern lease accounting standards (ASC 842, IFRS 16 and GASB 87), and manages the full lease lifecycle including renewals, rent changes, terminations and extensions. It is aimed at organizations with sizeable, complex lease portfolios (commonly cited as 50+ locations) across real estate and equipment leases.
For accounting teams, AMTdirect calculates right-of-use assets, lease liabilities, amortization schedules and disclosure reports, then exports the resulting journal entries for posting to the general ledger of the customer's corporate ERP system, either via standard report/export files or through an API that interfaces ASC 842 journals and lease payments directly to the ERP.
Screenshots & demo
Demo video from the vendor's YouTube channel.
Modules & capabilities
AMTdirect covers 19 of 41 capabilities we track in this category (+1 partial)
46%- ASC 842 (US GAAP) complianceCore strength
- IFRS 16 complianceSupported
- GASB 87 / public-sector complianceSupported
- Parallel multi-standard reportingDual entity/multi-book reportingSupported
- Finance vs. operating lease classificationSupported
- ROU asset & lease liability calculationSupported
- Automated remeasurement on modificationsAutomatic recalculation and balance sheet adjustment on lease changesSupported
- Lessor accountingNot evidenced
- Embedded leases, subleases & sale-leasebacksNot evidenced
“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
Common use cases
- Complying with ASC 842, IFRS 16 or GASB 87 for a large real estate lease portfolio
- Centralizing lease contracts and documents for a corporate occupier with 50+ locations
- Automating right-of-use asset and lease liability calculations across a multinational lease portfolio
- Posting monthly lease journal entries to a corporate ERP general ledger via export or API
- Tracking critical lease dates (renewals, rent escalations, expirations) to avoid missed obligations
- Reconciling CAM and operating expense charges against lease terms
- Producing audit-ready disclosure reports for finance and external auditors
Strengths & considerations
Strengths
- Long-established lease accounting specialist (founded 1996) now backed by MRI Software's real estate technology platform
- Purpose-built for large, complex lease portfolios (real estate and equipment) rather than general contract management
- Combines lease accounting compliance with lease administration and CAM reconciliation in one system
- API and export-based journal posting designed to interface with existing corporate ERPs rather than replacing them
ERP integrations
Journal entry export and an API interface post ASC 842 journals and lease payments to the ERP general ledger; no public marketplace listing or vendor connector docs found.
Journal entry export / API interface for ASC 842 journals and lease payments to Oracle's general ledger.
Journal entry export / API interface for ASC 842 journals and lease payments to Dynamics.
Journal entry export / API interface for ASC 842 journals and lease payments to NetSuite.
Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-11.
Pricing
Pricing is not publicly listed; AMTdirect is typically sold to organizations with 50+ leased locations and priced based on portfolio size and modules selected. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS
About the vendor
- Founded
- 1996
- Headquarters
- North Carolina, United States
- Ownership
- Subsidiary of MRI Software (acquired January 2021; previously backed by Luminate Capital Partners)
Alternatives to AMTdirect in Lease Accounting
AMTdirect — frequently asked questions
Does AMTdirect integrate with SAP?
AMTdirect supports GL/ERP integration for lease journal entries through report-based journal exports and an API that interfaces ASC 842 journals and lease payments to a corporate ERP, which customers use to post entries into systems such as SAP. MRI Software does not publish a dedicated SAP-certified connector for AMTdirect.
What accounting standards does AMTdirect support?
AMTdirect supports ASC 842 (FASB), IFRS 16, and GASB 87, covering both private-sector and public-sector lease accounting requirements.
How much does AMTdirect cost?
AMTdirect does not publish list pricing. It is quote-based, typically scoped to organizations with 50 or more leased locations, with cost driven by portfolio size and the modules selected.
Is AMTdirect still a separate product from MRI Software?
AMTdirect was acquired by MRI Software in January 2021. The AMTdirect brand and product continue to be marketed for lease accounting and administration, now as part of MRI Software's lease accounting and contract intelligence portfolio.
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