Visual Lease
Visual Lease provides lease accounting software for ASC 842, IFRS 16, GASB 87, and GASB 96 compliance, serving over 1,500 companies across various industries with robust reporting and integration features.
Services
Visual Lease offers a range of services including lease management, lease accounting, ESG stewardship, controls, and system integrations. The company provides solutions designed to facilitate compliance with ASC 842, IFRS 16, GASB 87, and GASB 96 regulations. Their dedicated platform caters to various company functions such as finance and accounting, real estate, fleet and equipment operations, sustainability, information technology, and legal operations. Additionally, Visual Lease assists customers with transition planning through its Lease Accounting Solution Transition Planner (LAST™) and provides extensive support and implementation guidance.
Products
Visual Lease provides multiple products tailored to meet lease accounting needs. The key offerings include a comprehensive lease management platform and VL ESG Steward, an ESG reporting tool for tracking sustainability metrics. The VL Data Institute provides market-leading insights into lease accounting, management, and optimization. The company's platform seamlessly integrates with major systems such as SAP, Oracle, NetSuite, Power BI, Blackline, and Trintech. Additionally, Visual Lease delivers robust reporting capabilities, including audit-ready standard reports and a powerful reporting engine, to help clients manage over 1 million records effectively.
Industries Served
Visual Lease serves a diverse range of industries, including business services, construction, healthcare, manufacturing, retail & hospitality, and transportation. The company's lease management and accounting solutions are designed to cater to the unique needs of these sectors, providing tailored support and functionality. By offering comprehensive ESG stewardship, robust integrations, and insightful data through the VL Data Institute, Visual Lease supports over 1,500 companies in managing their leased and owned assets efficiently.
Recognition and Awards
Visual Lease has been recognized as a leader in the IDC Vendor MarketScape for lease accounting and administration. The company's innovation and excellence in product offerings have earned it the distinction of being named a Top New Product in 2024 by Accounting Today. With a high customer retention rate of 99%, Visual Lease continues to prove its value and reliability in the lease accounting and management industry.
Customer Support and Resources
Visual Lease emphasizes comprehensive customer support and resource provision. The company offers guided implementation and all-inclusive support to ensure clients achieve optimal usage of the platform. In addition, the VL Partner Marketplace enables connections with alliance partners, enhancing solution capabilities. Customers have access to a Learning Hub, which includes resources such as white papers, blogs, case studies, and on-demand webinars. Visual Lease also provides a detailed Lease Accounting Guide to help customers understand and implement lease accounting standards effectively.