Lucernex
by Accruent · Lease Accounting
Cloud lease accounting and real estate lifecycle platform for ASC 842, IFRS 16, GASB 87.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
SAP
Oracle
Workday- Deployment
- Cloud
- Pricing
- Quote-based
- Headquarters
- Austin, Texas, United States
Overview
Lucernex is Accruent's cloud-based real estate and lease lifecycle management platform, covering site selection and market planning, construction/project management, transaction management, and lease accounting and administration. It is aimed at organizations with large, standardized real estate or equipment lease portfolios -- particularly retail, restaurant, and hospitality chains, as well as healthcare, industrial and higher-education occupiers -- managing hundreds or thousands of leased locations.
The platform's accounting module, Lx Contracts, centralizes real estate and equipment leases, automates rent and expense calculations, and generates the amortization schedules, journal entries and disclosures needed to comply with FASB ASC 842, IASB IFRS 16 and GASB 87. Accruent states Lx Contracts has a 100% success rate getting clients into compliance with these standards, with audit logs supporting SOX compliance and SOC 1/SOC 2 certification.
Lucernex integrates with ERP, accounting, CRM, business intelligence, human capital management, and CMMS/facilities-management systems so lease and real estate data can flow into a company's core financial systems, including Oracle, SAP, and Workday.
Modules & capabilities
Lucernex covers 16 of 41 capabilities we track in this category
39%- ASC 842 (US GAAP) complianceSupported
- IFRS 16 complianceSupported
- GASB 87 / public-sector complianceSupported
- Parallel multi-standard reportingNot evidenced
- Finance vs. operating lease classificationNot evidenced
- ROU asset & lease liability calculationAutomated rent/expense calculation and amortization schedule generationSupported
- Automated remeasurement on modificationsNot evidenced
- 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
- Achieving and maintaining ASC 842 / IFRS 16 / GASB 87 lease accounting compliance for a large multi-site portfolio
- Automating monthly lease journal entries and amortization schedules instead of spreadsheet-based tracking
- Centralizing lease abstracts, critical dates and renewal options for thousands of retail or restaurant locations
- Posting lease accounting entries from Lucernex into an SAP, Oracle, or Workday general ledger
- Running site selection and approval workflows before signing a new lease
- Tracking construction and capital improvement costs for new or renovated locations
- Producing audit-ready disclosure reports and cause-of-change reports for the accounting close
Strengths & considerations
Strengths
- Covers the full real estate lifecycle (site selection, construction, transactions, lease accounting) on one platform, not just lease accounting in isolation
- Purpose-built for high-volume, standardized multi-site portfolios (retail, restaurant, hospitality chains) rather than generic corporate real estate
- Vendor reports a 100% success rate getting clients into ASC 842 / IFRS 16 / GASB 87 compliance, verified by third-party accounting firms
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Rate itERP integrations
Vendor states lease accounting data (journal entries, amortization schedules) integrates with SAP financial systems; no connector name, docs URL or marketplace listing found.
Vendor states lease accounting data integrates with Oracle ERP/financials; no connector name, docs URL or marketplace listing found.
Vendor states lease accounting data integrates with Workday Financial Management; no connector name, docs URL or marketplace listing found.
Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-11.
Pricing
Full Lucernex pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs
Pricing is not published; Accruent requires contacting sales for a quote. Get an independent shortlist with pricing guidance below.
What does Lucernex cost?
Lucernex prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.
10 of the 14 vendors we track in this category publish no list price at all.
Technical & security
- Hosting
- SaaS
- Compliance
- SOC 1, SOC 2
About the vendor
- Headquarters
- Austin, Texas, United States
- Ownership
- Operating company of Fortive Corporation (NYSE: FTV)
Alternatives to Lucernex in Lease Accounting
Lucernex — frequently asked questions
Does Lucernex integrate with SAP?
Yes. Lucernex integrates with SAP so lease accounting data such as journal entries and amortization schedules can flow into a company's SAP financial systems.
Does Lucernex integrate with Oracle or Workday?
Yes. In addition to SAP, Lucernex integrates with Oracle and Workday ERP/financial systems to post lease accounting data.
What lease accounting standards does Lucernex support?
Lucernex supports compliance with FASB ASC 842, IASB IFRS 16 and GASB 87, and Accruent states it has a 100% success rate getting clients into compliance with these standards.
How much does Lucernex cost?
Accruent does not publish Lucernex pricing. It is quote-based and requires contacting Accruent sales for a proposal.
Compare Lucernex head-to-head
The Lease Accounting Buyer's Guide
Before you commit to Lucernex, see how it sits against the 14 lease accounting systems we track — on capability, ERP integration depth and what each one actually charges for.
Lease Accounting Buyer's Guide
14 systems compared · 2026
ERP Research
- Lucernex compared side-by-side with 13 alternatives
- ERP integration checklist — what to verify before you shortlist
- The pricing questions that change the quote
- A Lucernex evaluation brief, included with the guide
Lease Accounting Buyer's Guide
Get pricing for Lucernex
Lucernex doesn't publish a price. Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what it should cost you — and which alternatives are worth quoting alongside it.