FreeAgent vs. Visual Lease

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreeAgent
Score 7.4 out of 10
N/A
FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.N/A
Visual Lease
Score 8.3 out of 10
N/A
Visual Lease is a Lease Management Software that provides lease accounting functionality with lease administration functionality to manage a company's lease portfolio.N/A
Pricing
FreeAgentVisual Lease
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FreeAgentVisual Lease
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Features
FreeAgentVisual Lease
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
13 Ratings
14% above category average
Visual Lease
-
Ratings
Pay calculation8.012 Ratings00 Ratings
Benefit plan administration8.56 Ratings00 Ratings
Direct deposit files8.92 Ratings00 Ratings
Salary revision and increment management8.86 Ratings00 Ratings
Reimbursement management8.78 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
6.5
13 Ratings
15% below category average
Visual Lease
-
Ratings
API for custom integration4.59 Ratings00 Ratings
Plug-ins8.512 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
14 Ratings
3% above category average
Visual Lease
-
Ratings
Single sign-on capability9.013 Ratings00 Ratings
Role-based user permissions8.013 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
6.7
23 Ratings
15% below category average
Visual Lease
-
Ratings
Dashboards7.621 Ratings00 Ratings
Standard reports8.021 Ratings00 Ratings
Custom reports4.410 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreeAgent
8.7
25 Ratings
13% above category average
Visual Lease
-
Ratings
Accounts payable8.020 Ratings00 Ratings
Accounts receivable8.322 Ratings00 Ratings
Cash management8.720 Ratings00 Ratings
Bank reconciliation9.020 Ratings00 Ratings
Expense management8.724 Ratings00 Ratings
Time tracking9.018 Ratings00 Ratings
Fixed asset management8.611 Ratings00 Ratings
Multi-currency support8.610 Ratings00 Ratings
Multi-division support9.05 Ratings00 Ratings
Regulations compliance8.78 Ratings00 Ratings
Electronic tax filing9.520 Ratings00 Ratings
Self-service portal9.011 Ratings00 Ratings
Journals and Reconciliations8.01 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
4 Ratings
2% above category average
Visual Lease
-
Ratings
Inventory tracking7.72 Ratings00 Ratings
Automatic reordering8.21 Ratings00 Ratings
Location management4.51 Ratings00 Ratings
Manufacturing module9.11 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.1
13 Ratings
5% above category average
Visual Lease
-
Ratings
Pricing8.19 Ratings00 Ratings
Order entry6.82 Ratings00 Ratings
Credit card processing8.25 Ratings00 Ratings
Cost of goods sold9.13 Ratings00 Ratings
Best Alternatives
FreeAgentVisual Lease
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.6 out of 10
Yardi Voyager
Yardi Voyager
Score 7.8 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 8.9 out of 10
Yardi Voyager
Yardi Voyager
Score 7.8 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 6.8 out of 10
Accruent Lucernex
Accruent Lucernex
Score 7.9 out of 10
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User Ratings
FreeAgentVisual Lease
Likelihood to Recommend
8.3
(25 ratings)
8.3
(3 ratings)
Usability
8.5
(6 ratings)
7.3
(3 ratings)
Availability
8.9
(5 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Support Rating
-
(0 ratings)
6.6
(3 ratings)
Product Scalability
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
FreeAgentVisual Lease
Likelihood to Recommend
FreeAgent
For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
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Visual Lease
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.
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Pros
FreeAgent
  • Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
  • Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
  • Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
  • Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.
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Visual Lease
  • Generates abstract reports
  • Allows us to include lessor's leases
  • Fairly user friendly
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Cons
FreeAgent
  • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
  • API is quite closed so cannot integrate with our other project management tools.
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Visual Lease
  • So far, this has worked out extremely well for our governmental environment.
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Usability
FreeAgent
It is a great software that does everything we need for small business clients. It allows to keep the books in a cloud from bookkeeping to accounts production and tax returns, all in one software. There are no major drawbacks and I would highly recommend it for most of our clients.
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Visual Lease
Visual Lease has been really helpful to our company and we haven't had any issues
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Reliability and Availability
FreeAgent
Based in a cloud and never had any issues with down time. I can access from any device
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Visual Lease
No answers on this topic
Support Rating
FreeAgent
No answers on this topic
Visual Lease
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.
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Alternatives Considered
FreeAgent
I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. FreeAgent best suited my requirements at the time.
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Visual Lease
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.
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Return on Investment
FreeAgent
  • Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
  • Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.
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Visual Lease
  • This has been extremely important in compiling all of the many leases that we have going on throughout different years and timelines.
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ScreenShots