Record verified
Accruent Lucernex
Lucernex is Accruent's real estate and lease management software, and its Lx Contracts module handles lease accounting for real estate and equipment leases under ASC 842, IFRS 16, GASB 87 and 96, and FRS 102. Accruent is part of Fortive. Lucernex ATLAS, a paid add-on, uses AI to read PDF leases and extract structured data that users verify field by field before it is written to Lucernex records.
- SOC 2
- Unconfirmed
- Trains on customer data
- No
- Human review
- Human review
- Pricing
- Quote only
- Ledgers
- None documented
What the AI does
- Lucernex ATLAS, a paid add-on available since September 2026 that Accruent says is powered by Rocket Club AI, reads PDF leases with OCR, including handwritten text and low-quality scans
- Extracts dates, options, clauses, recurring expenses, allowances, insurance requirements and security deposit terms into Lucernex record templates
- Users verify each extracted value, with a link back to the source clause, before it is sent to Lucernex and the lease is activated
- Re-abstracts lease amendments, keeping earlier verified values and marking only changed answers for review
- AI rent invoicing reads landlord invoices and matches them to lease transactions in Lucernex
Summarized from accruent.com.
Facts, checked against the source
- Category
- Lease accountingSource: accruent.com (opens in a new tab)
- Built for
- Unconfirmed
- Ledger integrations
- None documented among QuickBooks Online, Xero, NetSuite, Sage Intacct and Microsoft DynamicsAlso documents: Oracle, SAP.
- Pricing
- Not publishedThe vendor does not list prices publicly; pricing is by quote or sales contact.
- Free plan
- UnconfirmedPricing is not public or does not say.
- SOC 2
- UnconfirmedWe could not find an official statement either way.
- Trains on customer data
- NoAccruent's AI principles say it uses customer data to train Accruent AI models only with permission and that third-party LLM providers may not use customer data to train or improve their services. The principles page does not mention ATLAS, which Accruent says is powered by Rocket Club AI.Source: accruent.com (opens in a new tab)
- Human review
- Human reviewAccruent's ATLAS release notes say users must review and verify each extracted value before it is sent to Lucernex. Its AI rent invoicing material does not describe a review step.Source: help.accruent.com (opens in a new tab)
- Company
- Part of Fortive (NYSE: FTV). Fortive founded 1995, Fortive based in Austin, TXSource: accruent.com (opens in a new tab)
- Funding
- Unconfirmed
- Checked against the linked official source on the date shown.
- Unconfirmed: we could not find an official statement.
Sources
Official pages read for this listing on October 30, 2026. Vendors change their sites; if a page no longer says what we report, tell us and we will recheck it.
- www.accruent.com/products/lucernex
- www.accruent.com/products/lucernex/lx-contracts
- www.accruent.com/solutions/lease-accounting-software
- help.accruent.com/lucernex/Content/Online%20Help/Contracts/ai_lease_abstraction.htm
- help.accruent.com/lucernex/Content/Online%20Help/Contracts/reabstract_edit_existing_abstraction.htm
- help.accruent.com/lucernex/Content/Online%20Help/Release%20notes/Accruent%20Lucernex%2026.8%20Release%20Notes.htm
- www.accruent.com/resources/brochures/lucernex-ai-rent-invoicing-modernize-rent-accounting-with-embedded-ai
- www.accruent.com/ai-principles
- www.accruent.com/security-compliance-certifications
- www.accruent.com/about-us
- www.accruent.com/about-us/why-accruent
- www.accruent.com/resources/press-releases
- www.sec.gov/Archives/edgar/data/1659166/000165916625000024/ftv-20241231.htm
- www.sec.gov/Archives/edgar/data/0001659166/000165916626000040/ftv-20261002.htm
1 logged change to this listing, most recently October 30, 2026. See the changelog.
Accruent Lucernex questions
- Does Accruent Lucernex train AI on customer data?
- Accruent Lucernex's published policy says customer data is not used to train AI models. Accruent's AI principles say it uses customer data to train Accruent AI models only with permission and that third-party LLM providers may not use customer data to train or improve their services. The principles page does not mention ATLAS, which Accruent says is powered by Rocket Club AI.
- Does Accruent Lucernex have SOC 2?
- We could not find an official Accruent Lucernex statement about a SOC 2 report.
- Which accounting systems does Accruent Lucernex integrate with?
- Accruent Lucernex does not document an integration with QuickBooks Online, Xero, NetSuite, Sage Intacct or Microsoft Dynamics on its site.
- How much does Accruent Lucernex cost?
- Accruent Lucernex does not publish prices; pricing is by quote.
- What are alternatives to Accruent Lucernex?
- Other lease accounting tools in this directory include Crunchafi, FinQuery, Monetary, MRI ProLease and Nakisa.