Accruent, a leading provider of intelligent technology solutions to unify the built environment and an operating company of Fortive (NYSE: FTV), today announced the launch of Lucernex ATLAS, a new AI-powered capability within Accruent Lucernex.

As organizations manage increasingly complex lease portfolios, critical financial obligations, renewal options and operational responsibilities can remain buried across lengthy or disconnected lease documents, amendments and supporting agreements.

In partnership with Rocket Club AI, Lucernex ATLAS transforms complex lease documents into verified, workflow-ready data inside the platform organizations already use to manage their leases. Rather than requiring teams to manually extract information into separate files, Lucernex ATLAS enables teams to review AI-generated abstraction results, trace extracted information back to the relevant source clause, approve the data and write it directly into the Lucernex lease record.

Because this workflow is embedded directly within Lucernex, organizations can avoid the additional export, mapping, import and re-entry steps commonly required when abstraction occurs in a disconnected tool. The governed process also records who abstracted the lease, who verified the information and what changed, strengthening traceability and audit readiness.

By bringing verified lease data directly into the system of record, Lucernex ATLAS helps organizations improve the workflows and decisions that depend on it, including rent administration, lease accounting, critical-date management, reporting, renewals and portfolio planning. It also helps organizations reduce operational and financial risk by surfacing critical lease terms sooner, so teams can act before errors or omissions lead to unnecessary costs, missed rights or disruption.

“The value of AI lease abstraction isn’t simply speed. It’s turning complex lease documents into trusted, actionable data that organizations can use to make better financial and operational decisions,” said Dhinaker Dhandi, General Manager, Property Solutions at Accruent. “With Lucernex ATLAS, we’re removing repetitive manual work and bringing critical information into the workflows where decisions happen, helping teams identify what matters sooner, act with greater confidence and apply human judgment where it matters most.”

From Document Extraction to Operational Value

Manual lease abstraction requires skilled teams to read leases, amendments, exhibits and side letters, identify relevant terms and enter that information into a lease administration system. This process can create backlogs, slow implementations and migrations and delay the availability of data needed for accounting, compliance, reporting and portfolio decisions.

Lucernex ATLAS streamlines that process through an integrated extract, verify and act workflow.

  • Extract critical lease information: AI reviews lease packages, including amendments, exhibits and side letters, to identify key terms, dates, options, responsibilities, financial commitments and other structured lease data.
  • Verify results with human oversight: Source-clause traceability and clear verification statuses help reviewers validate extracted data before the information is approved and activated in Lucernex.
  • Put approved lease information to work: Verified data is written directly into the Lucernex lease record to support payment schedules, lease accounting, reporting, alerts, renewals and other operational workflows.

Designed to Improve Decisions, Control and Productivity

Lucernex ATLAS helps lease and finance teams:

  • Reduce repetitive lease reading and manual data entry.
  • Work through abstraction backlogs more efficiently.
  • Accelerate new lease onboarding, migrations and portfolio updates.
  • Improve confidence in the data supporting rent, accounting and reporting.
  • Surface important dates, rights, obligations and financial responsibilities sooner.
  • Maintain human review and approval over financially material information.
  • Focus more time on exceptions, controls, analysis and strategic work.

The capability supports both new and existing lease records, including re-abstraction and amendment-driven updates. Organizations can use Lucernex ATLAS for project-based needs, such as acquisitions, data cleanup and large portfolio imports or as part of an ongoing process for new leases, amendments and continuous lease-data maintenance.

Advancing the Lucernex AI Modernization Journey

Lucernex ATLAS is part of Accruent’s broader effort to introduce practical, governed AI into the workflows that support the lease lifecycle. Together with Lucernex AI Rent Invoicing, Accruent Data Connect and Crue, Accruent’s AI Assistant, these capabilities help organizations capture cleaner lease data, apply it across core financial and operational processes and make it more accessible for reporting and analytics.

“Lucernex ATLAS is an important step in our broader AI modernization journey,” said Dhandi. “We see AI fundamentally changing how organizations interact with their real estate data, moving beyond simply managing information to making it more intelligent, connected and actionable. Our vision for Lucernex is to embed intelligence throughout the lease and real estate lifecycle, helping customers unlock greater value from their data while combining the power of AI with the expertise and oversight of their teams.”

To learn more about Accruent Lucernex and Lucernex ATLAS, visit: https://www.accruent.com/products/lucernex.

ABOUT ACCRUENT

Accruent is a leading provider of intelligent technology solutions that unify the built environment to connect real estate, facilities, assets and the integrated systems that power them. Accruent’s cloud-based software helps organizations simplify complexity, gain clarity and operate more productively by leveraging AI to transform data into confident decisions that improve how workplaces, workforces and assets perform. Headquartered in Austin, Texas, Accruent serves more than 5,000 customers in over 100 countries.

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