Dallas, TX (PRWEB) January 28, 2014
Lucernex Technologies announced today that one of Canada's largest full-service restaurant companies, Cara Operations Limited, has successfully gone live on Lucernex’s cloud-based Lx Contracts solution to manage its multi-brand portfolio of over 700 restaurants across Canada. Lx Contracts replaced their legacy retail lease administration system.
“Their legacy retail lease system was one of the most challenging legacy systems to convert but we were able to get it done to meet Cara’s rigorous schedule using our proprietary data conversion toolkit” said Ken Brown, EVP and CIO of Lucernex, “We have now successfully converted every major legacy lease administration system and integrated the conversion mapping into our toolkit.”
The project included a complete data conversion and replacement of their existing legacy retail lease administration and rent accounting solution, as well as six integrations into their back office financial system JDE.
“We selected Lucernex due to their proven ability to convert legacy systems quickly and accurately,” stated Mary Ormond, Vice President, Real Estate Portfolio Management of Cara Operations Limited. “Their team was extremely knowledgeable of the industry and of lease accounting making the project go very smoothly.”
Lx Contracts is the Lease Administration and Rent Accounting module of Lx Retail, the market-leading store lifecycle management and retail IWMS solution delivered in the cloud. Lx Contracts can support any size portfolio of stores including currency, date and location support worldwide.
Implementation of the Lx Contracts solution began in January of 2013 and the full legacy retail lease data conversion was completed by June 2013.
About Cara Operations Limited
Cara is Canada's leading branded full service restaurant organization. The Company is more than 125 years old and operates some of the most recognized brands in the country, including Swiss Chalet Rotisserie & Grill®, Harvey's®, Milestones Grill & Bar®, Montana's Cookhouse® and Kelsey's Neighbourhood Bar & Grill®. Canadian-owned and led, Cara is the restaurant family that brings Canadians together. For more information, please visit http://www.cara.com.
Founded in 2000, Lucernex Technologies provides retail real estate professionals with powerful cloud-based solutions to manage the store lifecycle. All Lucernex solutions were designed “by retailers for retailers” and can manage any size portfolio of leased and owned properties. Fortune 500 companies in the corporate real estate, hospitality and retail industries use Lucernex Technologies solutions every day to ensure compliance, mitigate risk and empower effective growth. As an innovative leader in retail real estate solutions, Lucernex continues to grow its customer base by applying its Web-based software expertise and real estate development insight to provide advanced tools and services for business. For more information, please visit http://www.lucernex.com.