Visual Lease

Intuitive and user-friendly interface: Reviewers consistently mention that Visual Lease has a very intuitive platform with a friendly interface that is easy to navigate. Many users, including those who are not familiar with the tool, find it easy to learn and use for managing the accounting process. The simplicity and clean interface of Visual Lease are well-received by users.

Comprehensive lease management software: Users appreciate that Visual Lease goes beyond just calculating numbers for ASC 842 reporting and serves as a comprehensive lease management software. Having all lease details in one place and easily accessible to team members is seen as a valuable benefit. Visual Lease is commended for meeting all lease management needs, from ASC 842 implementations to rent payments and tracking renewals.

Automation of lease accounting processes: Users find Visual Lease helpful in automating calculations, centralizing all leases, tracking financial entries, and streamlining the lease entry process. The automatic calculation of Right of Use - ROU assets and liabilities is highly valued by reviewers, especially when displayed clearly on a month-to-month basis. The ability to track lease expirations, set up payees and rent payment records, allocate leases based on different measures, automate complex accounting schedules, manage FX rates and foreign leases are also highlighted as valuable features.