San Diego, 92121, CA,
United States
American Assets Trust Inc. Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by American Assets Trust Inc. and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 208 American Assets Trust Inc. employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that American Assets Trust Inc. has purchased the following applications: AvidStrongroom for AP Automation in 2015, MRI CRE Lease Accounting for Lease Management in 2013, Microsoft 365 for Collaboration in 2015 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems American Assets Trust Inc. is running and its propensity to invest more and deepen its relationship with AvidXchange , MRI Software , Altus Group or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing American Assets Trust Inc. revenues, which have grown to $373.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for American Assets Trust Inc. intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| AvidXchange | Legacy | AvidStrongroom | AP Automation | ERP Financial Management | n/a | 2015 | 2015 |
In 2015, American Assets Trust Inc. implemented AvidStrongroom as its AP Automation platform to centralize property-level accounts payable and invoice workflows. The deployment targeted financial operations that manage assigned communities, supporting vendor supervision, preparation of financial budgets and forecasts at the property level, and compliance processes for on-site affordable housing units. AvidStrongroom was used to capture and retain invoices and contract documentation related to work orders and insurance requirements, aligning payables processing with eviction and collections paperwork produced by property teams.
Configuration emphasized invoice coding, approval routing, and collections tracking consistent with AP Automation capabilities. Coding of invoices through AVID Exchange was integrated into the AvidStrongroom invoice handling process, and month-end reconciliation steps incorporated rent and non-integrated payments to close financial periods. The platform also supported generation and distribution of delinquency, collections, and prepaid reports used by management and resident services teams.
Operational coverage spanned property management, accounting, resident services, and maintenance workflows, where AvidStrongroom routed invoices, recorded vendor information, and maintained audit trails for move-ins and renewals. Integrations explicitly included AVID Exchange for invoice coding, while reconciliations were aligned with month-end accounting processes. Documented workflows captured requests for work contracts, insurance verification steps, and the preparation of eviction paperwork sent to attorneys.
Governance changes centered on formalizing approval and coding steps, instituting consistent audit checks for resident move-ins and renewals, and standardizing delinquency reporting to management. The implementation created a single AP Automation source for invoice lifecycle management tied to property-level financial controls, vendor supervision, and collections processes, improving traceability for compliance and internal audits.
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| MRI Software | Legacy | MRI CRE Lease Accounting | Lease Management | ERP Services and Operations | n/a | 2013 | 2013 |
In 2013, American Assets Trust Inc. implemented MRI CRE Lease Accounting in the Lease Management category to support corporate accounting and property lease administration across its real estate holdings. MRI CRE Lease Accounting was adopted as the central system to capture lease financials and to standardize lease administration workflows across finance and property management teams.
The implementation concentrated on core lease accounting and lease administration capabilities within MRI CRE Lease Accounting, including structured capture of lease terms, scheduled cash flows and rent roll maintenance, as well as document management for lease contracts and amendments. Configuration emphasized canonical data fields for lease schedules and payment timing to support consistent month end accounting processes and tenant billing reconciliation.
Operational scope covered accounting, property management and leasing groups, with job profiles noting proficiency in Microsoft Excel, Word and Outlook and experience with MRI accounting and lease administration workflows as a hiring preference. Role based access controls and partitioning of property level data were used to align system visibility with departmental responsibilities.
Governance changes focused on formalizing lease data entry procedures and cross functional handoffs between leasing and accounting, and establishing routine reconciliation checkpoints to ensure data fidelity. The narrative centers on MRI CRE Lease Accounting in Lease Management serving American Assets Trust Inc. as the authoritative system for lease financial records and administration.
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Real Estate Property Management | ERP Services and Operations |
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2013 | 2013 |
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Real Estate Property Management | ERP Services and Operations |
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2013 | 2013 |
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2015 | 2015 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Web Content Management | Content Management |
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2018 | 2018 |
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