November 1, 2010

Lucernex Technologies Upgrades its core Financial Engine to add support for the expected FASB lease accounting changes

Software will be first to support the new guidelines in the Lease Analysis and Lease Administration markets.

Dallas, TX (November 1, 2010) – Lucernex Technologies, an innovative developer of business intelligence software for real estate management and development, today announced that it has created a CPA-verified, upgraded financial engine that will soon be available within its lease analysis and lease administration solutions. Lucernex’ upgraded financial engine is the first available in the IWMS and lease administration software industries that is compliant with the expected changes to the Financial Accounting Standards Board (FASB) rules for lease accounting. The capabilities of the new financial engine will include enabling users to compare the financial impact of the expected new FASB rules to the financial impact of the current rules. (more…)