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AMTdirect

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Company health

Employee growth
9% increase in the last year
Web traffic
5% decrease in the last quarter
Financing
February 2001 - $33M

Ratings

G2
3.9/5
(14)
Capterra
3.5/5
(19)

AMTdirect description

AMTdirect is a cloud-based software designed to help businesses manage lease accounting and administration. It assists companies in complying with FASB regulations, including the new ASC 842 standard. The platform offers tools for tracking lease data, generating reports, and automating accounting processes. AMTdirect aims to reduce costs associated with leasing and improve overall efficiency in managing lease portfolios. They also provide implementation and data migration services.


Who is AMTdirect best for

AMTdirect is a cloud-based lease accounting and administration software designed to help mid-sized and large businesses comply with FASB regulations, especially ASC 842. Users appreciate the centralized data storage, customizability, and mobile accessibility. However, some have noted difficulties with the report builder and occasional instability. Consider AMTdirect if your business needs robust lease management but be prepared for potential complexities.

  • Best for medium businesses (101-1000 employees); suitable for large enterprises.

  • Excellent fit for Finance, Banking & Insurance; good fit for other sectors like Healthcare, Retail, and more.


AMTdirect reviews

We've summarised 33 AMTdirect reviews (AMTdirect Capterra reviews and AMTdirect G2 reviews) and summarised the main points below.

Pros of AMTdirect
  • Centralized lease data and document storage.
  • Customizable fields and labels for different departments.
  • Accessible on multiple devices (laptop, phone, tablet).
  • Improved stability and performance over time.
  • Responsive and helpful customer support.
Cons of AMTdirect
  • Difficult and clunky report builder requiring SQL knowledge or paid services.
  • High fees for customizations and additional features.
  • System instability, frequent crashes, and slow performance.
  • Unreliable data and discrepancies between modules.
  • Poor implementation experience and lengthy onboarding process.

AMTdirect pricing

The commentary is based on 1 reviews from AMTdirect Capterra reviews.

AMTdirect's pricing structure is a common source of user frustration. Many reviewers mention unexpected fees for customizations, reporting, and other services. Some feel nickel-and-dimed, impacting the overall perceived value.

Users sentiment

Strongly negative
-1

AMTdirect alternatives

  • Logo of LeaseCrunch
    LeaseCrunch
    Effortless lease accounting software ensuring compliance.
    Read more
  • Logo of LeaseController
    LeaseController
    Effortless lease accounting compliance. ASC 842 & IFRS 16.
    Read more
  • Logo of Spacebase
    Spacebase
    Lease accounting and administration, simplified and automated.
    Read more
  • Logo of NetLease by Netgain
    NetLease by Netgain
    Cloud lease accounting software simplifies ASC 842 compliance.
    Read more
  • Logo of Visual Books
    Visual Books
    Automated lease accounting, simplifying compliance and reporting.
    Read more
  • Logo of Trullion
    Trullion
    AI-powered lease accounting and revenue recognition automation.
    Read more

AMTdirect FAQ

  • What is AMTdirect and what does AMTdirect do?

    AMTdirect is cloud-based lease accounting and administration software. It helps businesses comply with FASB regulations, including ASC 842, by centralizing lease data, automating accounting processes, and generating reports. It's designed to reduce lease-related costs and improve portfolio management efficiency.

  • How does AMTdirect integrate with other tools?

    AMTdirect integrates with other financial software, though specific integrations are not listed in the provided data. For detailed information about integrations, contact AMTdirect or refer to their official documentation.

  • What the main competitors of AMTdirect?

    Alternatives to AMTdirect include LeaseCrunch, Spacebase, and Sage Intacct. These platforms offer similar lease accounting and administration features, often with a focus on compliance with ASC 842. Some users seeking alternatives might prefer their ease of use and scalability.

  • Is AMTdirect legit?

    Yes, AMTdirect is a legitimate cloud-based lease accounting and administration software. However, user reviews on G2 and Capterra reveal mixed experiences. Some praise its centralized data storage and mobile accessibility, while others cite a clunky report builder and high customization fees. Consider these factors when evaluating if AMTdirect is safe and suitable for your needs.

  • How much does AMTdirect cost?

    I couldn't find pricing details for AMTdirect. For the most current pricing information, it's best to contact AMTdirect directly. This will allow you to discuss product pricing and determine if AMTdirect is worth the investment for your needs.

  • Is AMTdirect customer service good?

    AMTdirect's customer service receives mixed reviews. While some users praise the responsive and helpful support team, others report experiencing poor service with little to no resolution for ongoing issues. There are also mentions of frequent staff changes within the support team.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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