Maybe not this time
It was used to address the new lease accounting standard ASC 842 and also used to keep track of our real estate leases and also copier …
Visual Lease
Visual Lease
Overview
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What is Visual Lease?
Visual Lease is a Lease Management Software that provides robust lease accounting functionality with a depth of lease administration functionality to properly manage a company's lease portfolio.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting / Integration Services
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Product Details
What is Visual Lease?
Visual Lease is a Lease Management Software that provides robust lease accounting functionality with a depth of lease administration functionality to properly manage a company's lease portfolio.
Visual Lease Features
General Ledger and Configurable Accounting Features
- Supported: Journals and Reconciliations
Inventory Management Features
- Supported: Location management
Reporting & Analytics Features
- Supported: Dashboards
- Supported: Standard reports
- Supported: Custom reports
Security Features
- Supported: Role-based user permissions
- Supported: Single sign-on capability
- Supported: Multi-factor authentication
- Supported: User-level audit trail
Visual Lease Competitors
- AppFolio Property Manager
- Lease Accelerator
- Leasequery
Visual Lease Technical Details
| Deployment Types | SaaS |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
Comparisons
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Frequently Asked Questions
What are Visual Lease's top competitors?
AppFolio Property Manager are common alternatives for Visual Lease.
What is Visual Lease's best feature?
Reviewers rate Single sign-on capability highest, with a score of 8.
Who uses Visual Lease?
The most common users of Visual Lease are from Mid-sized Companies (51-1,000 employees) and the Government Administration industry.
Reviews and Ratings
(6)
Reviews
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July 26, 2021
Maybe not this time
It was used to address the new lease accounting standard ASC 842 and also used to keep track of our real estate leases and also copier leases. It was mainly used by our accounting and real estate teams. Our real estate team wanted to have a system that generates abstract reports, and Visual Lease has this feature.
- Generates abstract reports
- Allows us to include lessor's leases
- Fairly user friendly
- Journal entries look confusing and generate XXX as codes
- Customer service should show concerns. When asked about XXX as codes in journal entries, customer support brushed off our concern as it was a default.
- No API interface with Intacct
July 26, 2021
Visual Lease helped all our needs!
We are currently using Virtual Lease to organize our entire organization's lease programs so they are accessible to everyone who may need them. This helps with efficiency while trying to track leases.
- Database of all leases.
- This helps to track leases easily organization wide.
- So far, this has worked out extremely well for our governmental environment.
July 23, 2021
Visual Lease [Review]
Visual Lease is being used to track all leases company wide.
The software is getting used only in the finance department at this present time, we have plans to reevaluate the uses of the software next year to determine if we need to expand to different departments[.]
Visual Lease provides a repository for all of our [leases], putting them in a central location, which provides visibility for all of our leases and allows us to better strategically plan our future and current leases[.]
The software is getting used only in the finance department at this present time, we have plans to reevaluate the uses of the software next year to determine if we need to expand to different departments[.]
Visual Lease provides a repository for all of our [leases], putting them in a central location, which provides visibility for all of our leases and allows us to better strategically plan our future and current leases[.]
- Easy to use platform
- Calculation of GASB 87/FASB 842 liabilities
- Integration into your ERP
- Provide more Reporting options