AMTdirect Pricing, Features, Reviews & Comparison of Alternatives

AMTdirect

Lease Accounting Compliance Made Easy

3.61/5 (18 reviews)

AMTdirect overview

What is AMTdirect?

AMTdirect is the most trusted name in lease accounting and administration, ensuring full compliance with the new lease accounting standards. AMTdirect's cloud-based solution automates the reports and disclosures required for ASC 842 compliance and provides you with a central repository for all of your lease documents. See why over 650 of the world's top brands have partnered with AMTdirect!
www.amtdirect.com

Pricing

Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English
AMTdirect screenshot: AMTdirect dashboard screenshotAMTDirect FASB ComplianceAMTdirect screenshot: AMTdirect contract information screenshotAMTdirect screenshot: AMTdirect lease modification screenshotAMTdirect screenshot: AMTdirect compliance screenshotAMTdirect screenshot: AMTdirect impairments revision screenshot

AMTdirect reviews

Value for money
Features
Ease of use
Customer support
  3.5
  2.9
  3.4
  4.2
Beth Wanek

AMT Software Review

Used daily for 2+ years
Reviewed 2020-01-30
Review Source: Capterra

I am very pleased with AMT and hope to get Lease Administration fully integrated into AMT

Pros
Everything is in spot and accessible via the web

Cons
There are few glitches with the new FASB rules but it seems to be leveling off.

Response from Asset Management Technologies


Thanks for the awesome review, Beth! We work hard to meet the expectations of our customers, and we're happy to hear we hit the mark for you. Thank you for your continued loyalty and we're excited to get lease administration up and running for you as well!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Sherri Zellers

AMT Manager

Used daily for 2+ years
Reviewed 2020-02-05
Review Source: Capterra

My overall experience with AMT is positive. I have a long history as a user and have built good relationships with some of their team members.

Pros
Portfolio Insight is what I like most about this software.

Cons
ASC 842 / Accounting Manager is what I like least about this this software.

Response from Asset Management Technologies


Hi Sherri, thanks for leaving us such a wonderful review. We are thrilled that you have enjoyed your experience with AMTdirect. We put customer experience and satisfaction as a top priority, and your review reaffirms the hard work we put in every day. So thanks for your kind words and we look forward to continuing to serve you!

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Dave Zackrison

Has potential once they get through growing pains

Used weekly for 6-12 months
Reviewed 2019-06-11
Review Source: Capterra

We signed up for AMTDirect a year ago and the experience started rocky, but is getting better. This review is from an Accounting perspective as we primarily use this software for ASC 842 capabilities. I felt that a year ago, AMTDirect was missing quite a few features that we were sold on. They have been working hard to improve and many new features have rolled out over the past year. Stability was troubling a year ago, but has improved a lot. They do still have the occasional hiccup, but I believe it will continue to improve as they roll out additional resources. There are still some features that we'd like to see, such as automated disclosure reports, better lease transfer capabilities, better mass uploads and short-term lease expense reporting. However, where the system currently falls short, the AMTDirect team will either help you find workarounds to get the info you want, or manually build reports for you that have what you need, and as I understand it, nearly all of what we want is in development. Because of this I give them high marks for customer service. I feel a lot better about where AMTDirect is heading after seeing the concern their CEO has. I believe the software in its current form is about on par with most other lease accounting software for ASC 842, which is why I give 3 stars for the other categories. As they continue to improve and roll out features, I will update my review to reflect that.

Pros
It serves as one database where all your leases can be stored. Customer service will do what is in their power to help you resolve issues, they will do their best to help you through growing pains. After writing an initial bad review, I have edited this review to increase my ratings because the CEO personally reached out to me to understand our issues and work to resolve our frustrations. I believe they do care about their customers and want to help.

Cons
There are some growing pains. ASC 842 proved to be much more difficult and far-reaching than any software companies anticipated, with each customer having unique needs. I do believe AMTDirect stumbled a bit when first preparing for this, but to be fair, they are working furiously to correct issues and roll out new features. Our experience was that we were sold on a finished ASC 842 ready product with all the features we wanted, and that wasn't the case when we signed up a year ago. Since then, the Company has rolled out a lot of new features. Not everything we need is there yet, and they acknowledge that, but there are typically workarounds they will help you with, and their service teams go out of their way to prepare things manually for you if the system can't produce them. After discussions with their CEO, I believe their intent is genuine, and they will continue to improve and roll out the remaining features we need.

Response from Asset Management Technologies


Thank you so much for your kind words, Dave. We really appreciate you taking the time to share your experience with us. We count ourselves lucky to have customers like Vivint Solar that continue to provide us feedback....it helps us get better every day! One of our core values is to be passionate about customer success and I'm glad you were able to feel that from our team. If you ever need anything, please don't hesitate to reach out.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 6/10

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Jennifer Hogencamp

review of AMT

Used weekly for 6-12 months
Reviewed 2020-01-31
Review Source: Capterra

Great people and easy to work with! AMT has been a great partner in helping us implement!

Pros
ease of use and that it is cloud based and we could share it with clients-also loved the AMT team that helped us

Cons
Still looking to develop some easier to use reports for us as a CPA firm using the software and standard chart of accounts. We are using the software to implement ASC 842 for many clients and need simple reports and easy chart of accounts that we can use on many clients

Response from Asset Management Technologies


Hi Jennifer,

Thank you so much for taking the time to leave us a review and for the positive feedback. We're so happy to hear you find our solution easy-to-use and that you've enjoyed working with the team at AMTdirect. We think they are pretty great too!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Fred Busch

Great Product/Great Customer Service

Reviewed 2015-07-07
Review Source: Capterra

AMTdirect has been a great solution for our company to switch from a client server based system to a cloud based application. The product is very user-friendly and creates a single data source for our Real Estate departments. In addition to portfolio management and accounting processes, AMT has been a great solution for our document management needs. AMT has a very robust reporting tool allowing user-defined and ad-hoc reporting. The AMT team is wonderful to work with and they truly care about their clients. The support and customer service has been remarkable.

Rating breakdown

Ease of use
Customer support

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AMTdirect pricing

Pricing options
Subscription
Free trial
View Pricing Plans

The product is available on a per month subscription pricing. Contact AMTdirect for details.

AMTdirect features

API
Accounting Integration
Activity Dashboard
Automatic Notifications
Billing & Invoicing
Compliance Management
Customizable Reporting
Expense Tracking
Invoice Management
Invoice Processing
Reporting & Statistics

Accounting Management (182 other apps)
Audit Trail (138 other apps)
Data Import/Export (180 other apps)
Electronic Payments (173 other apps)
Financial Analysis (130 other apps)
Multi-Currency (166 other apps)
Real Time Data (147 other apps)
Third Party Integration (212 other apps)
Workflow Management (152 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Videos and tutorials

Additional information for AMTdirect

Key features of AMTdirect

  • Amortization Schedule
  • Budgeting & Forecasting
  • Commercial Leases
  • Commercial Properties
  • Critical Date Alerts
  • Equipment Management
  • Expense Management
  • File Notes
  • For Equipment Leases
  • For Real Estate
  • Industry Specific Configuration
  • Insurance Management
  • Intranet Compatibility
  • Inventory Control
  • Landlord Database
  • Late Fee Calculation
  • Lease Classification
  • Lease Management
  • Lease Origination
  • Maintenance Management
  • Notifications
  • Payment Processing
  • Payment Tracking
  • Point of Sale (POS)
  • Property Management
  • Property Search
  • Rent Tracking
  • Repossession Management
  • Residential Leases
  • Residential Properties
  • Retail Leases
  • Sublease Management
  • Tax Management
  • Tenant Database
  • Tenant Self Service
  • Tenant Tracking
  • Vacancy Tracking
View All Features

Benefits

ENSURE FASB COMPLIANCE: AMTdirect provides the enhanced database, financial engine, reporting and tools necessary to support the new FASB standards. Automatically generate the necessary calculations, reports and data.

MANAGE ALL REAL ESTATE & EQUIPMENT LEASES: Centrally organize and manage locations, contracts, maintenance items, dates, and obligations.

IMPROVE PROCESS CONTROLS AND REDUCE RISK: Facilitate data driven decisions based on smart and organized management of assets. Get the right information to everyone who needs it.