Accounting Power vs. Visual Lease

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.

Incentivized

Visual Lease is well suited for companies that are trying to manage their leases in a more automated way other then spreadsheet. A company that needs visibility around their leases and wants to stay in compliance with the ever changing world of accounting. A company that wants a software that can integrate with their ERP and make routine monthly accounting entries.

Incentivized

• Simple layout
• Logical menu and format
• Flexibility in designing reports
• Department/location accounting

Incentivized

• Generates abstract reports
• Allows us to include lessor's leases
• Fairly user friendly

Incentivized

• CPA firm's client interface for delivery of bills to pay
• Better ACH payment options for bill payment
• Additional layer of department/location allocation
• Invoicing option in mobile app

Incentivized

• So far, this has worked out extremely well for our governmental environment.

Incentivized

I do not see a good alternative in the market

Incentivized

It provides everything one needs for accounting services and then some at a price point that makes it very affordable.

Incentivized

Visual Lease has been really helpful to our company and we haven't had any issues

Incentivized

Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."

Incentivized

Visual Lease support was not too impressive to me because when I reached out to ask about the XXX codes in the journal entries, they did not seem concerned. They just said they were default accounts, but I did not know what I was supposed to do with them since we did not have these accounts. Also, when I asked about API integration, I could not get a good response on how to get Visual Lease to be connected with Intacct.

Incentivized

Seek out others who have done it and learn from them.

Incentivized

I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.

Incentivized

We also evaluated Lease Accelerator and Lease Query. We didn't go with Lease Accelerator because it didn't have lessor leases. We did not go with Lease Query because they did not have abstract reports.

Incentivized

• Allowed for standardized processes
• Improved efficiency in disbursement processing
• Bank feed is easily broken
• ACH payment options are not well established

Incentivized

• This has been extremely important in compiling all of the many leases that we have going on throughout different years and timelines.

Incentivized