No. 19 of 55 ·Lease Accounting Software

Accruent Lx Contracts

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Freedom report

One barScore 5.3

Free tierNo free tier on record
Open codeNo open-source code on record
Runs widely1 of 6 device platforms
DocumentedPlans, terms and facts published

Accruent Lx Contracts is ranked #19 of 55 in lease accounting software on Freedom251. It runs on Web.

Compared on lease accounting software

Standards supported: both
Lease types: both

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The record

Purpose: Lx Contracts automates lease administration and accounting for real estate and equipment leases.
Portfolio visibility: It provides visibility into a lease portfolio and helps calculate lease and expense obligations and identify underperforming assets.
Accounting standards: The page says the software supports ASC 842, IFRS 16 and GASB 87 compliance.
Reporting: Configurable reporting and analytics support cost analysis, KPI setting and operational improvement.
Workflow controls: Users can set permissions and approvals by employee role or other criteria.
Alerts: Users can create alerts for dates such as lease renewals and notify employees when documents are ready for review.
Integrations: Accruent lists Oracle and SAP ERPs, accounting systems, CRMs, BI tools, financial management and human capital management systems, and CMMS or facilities management solutions as integration types.
Security: The product page names penetration testing, encryption, authentication and dynamic application security testing as security measures.
Audit and compliance: Accruent says Lucernex has audit logs that assist with SOX compliance and is SOC 1 and SOC 2 compliant.
Monthly close: Automated reporting, cause of change reports and data integrations are described as helping simplify monthly close.
Support and training: Accruent describes global support, free superclass training, a certification training curriculum and a user network.
Pricing: The product page directs prospective buyers to contact Accruent and says cost can depend on portfolio scale, needs and required features; it provides no Lx Contracts price.
Intended users: The product page describes access for relevant personnel across an organization and positions the product for managing real estate and equipment leases.

Where it ranks on Freedom251

Best Lease Accounting Software in 2026#19 of 55

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Sources

accruent.com/products/lucernex/lx-contracts· checked 4 Oct 2026