About Visual Lease
Visual Lease is a software company that makes lease management simple – providing a robust SaaS platform that takes the complexity out of managing the financial and legal aspects of a company’s lease portfolio, from real estate to equipment and other assets.
Visual Lease was started in 1995, and from its inception, the company has been solving lease management problems and evolving the platform’s technology to meet changing customer needs. The passion, adaptability and competency of the Visual Lease team has resulted in a platform that’s always current and continues to deliver the industry’s most comprehensive lease management tool. Today, Visual Lease combines lease administration and lease accounting with consultative insights and technical expertise, bringing depth of functionality and simplicity together in one intuitive platform. It streamlines the process of gathering, interpreting and reporting on lease data, to make lease management more efficient, consistent and precise. The Visual Lease platform adapts to customer needs and integrates with existing ERP and financial systems, as well as with hundreds of third-party applications, for added flexibility and ease of use. Rapid implementation, professional services and training support from the Visual Lease team ensure that the cloud-based solution is up and running quickly, for a rapid ROI.
Moving forward, the platform will continue to evolve, driven by the community of Visual Lease customers and partners, their feedback and their needs. The result is a company that is laser-focused on delivering a user-friendly experience, providing responsive customer service and making the customers’ job easier.
- Free Trial
- Subscription
Key benefits of Visual Lease
Data fields and clauses can be configured to suit individual lease requirements, with the ability to link clauses to their respective documents.
User-defined and automatic reminders, alerts, and notifications can be layered to prevent missing notice periods, tenant improvement (TI) reimbursements, rent steps, CPI escalations, and more.
All types of files can be uploaded, stored, and attached, including Word and Excel files, PDFs, JPEGs, GIS maps, CAD, HTML files, and more.
Tenants, landlords, brokers, attorneys, notice parties, contractors, property managers, and utility providers can all be tracked through the searchable contract database, and transactions related to a contact can be found through reverse lookup.
Create standard or custom reports on an ad hoc basis, and save filters as templates for future reports.
All lease locations can be visualized on a map using color-coded icons which link to individual lease records.
Customizable measurement units, automated currency conversions, custom clauses to fit international compliance requirements, and currency normalization for reporting allow portfolio management across multiple countries.
Devices
Business size
Markets
Supported Languages
- Free Trial
- Subscription
Images
Features
Total features of Visual Lease: 39
- API
- Accounting
- Ad hoc Reporting
- Alerts/Notifications
- Amortization Schedule
- Asset Management
- Billing & Invoicing
- Budget Control
- Budgeting/Forecasting
- Capitalization Reporting
- Commercial Leases
- Compliance Management
- Configurable Workflow
- Contact Database
- Contact Management
- Critical Date Alerts
- Currency Conversion
- Customizable Fields
- Customizable Reports
- Customizable Templates
- Document Management
- Document Storage
- Expense Tracking
- For Equipment Leases
- For Real Estate
- Gantt/Timeline View
- General Ledger
- Invoice Processing
- Multi-Currency
- Multiple Format Support
- Payment Tracking
- Portfolio Management
- Reminders
- Reporting/Analytics
- Retail Leases
- Sarbanes-Oxley Compliance
- Tax Management
- Third Party Integrations
- Transaction History
Alternatives
LeaseQuery
MRI Prolease
MRI Software
HarmonyPSA
Reviews
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Write a Review!- Industry: Hospital & Health Care
- Company size: 1 001-5 000 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Great integration of Lease Admin and Accounting
Reviewed on 2020/07/30
We have only just begun our journey, but I am very impressed with the customer service and...
We have only just begun our journey, but I am very impressed with the customer service and knowledge of our implementation manager and our account manager. It gives me great confidence that we will get the support we need going forward.
Pros
Visual Lease is exactly what we were looking for. We had an existing lease administration system, but were still doing the accounting manually. The lease administration functions are much easier to use and there is a seamless flow into the lease accounting functions. Our implementation manager was amazing. She was able to walk us through the setup process and answered all of our questions. I am confident that I can find the right data quickly in Visual Lease where I just stopped going into the old database because it was much too cumbersome to extract the data in the format I needed it. I also have the confidence that our accounting team is getting the correct data now that we are no longer manually sending reports.
Cons
They have some side features like project management that are limited in nature. Although not a primary purpose of the software, some additional improvements in these areas would make it that much better of a product. Also, the mapping had some inaccuracies that we were able to manually overcome, but should continue to be improved.
- Industry: Retail
- Company size: 5 001-10 000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
How Visual Lease simplify the way to run reports
Reviewed on 2020/08/30
Preparing reports become much easier than before. Nowadays it is not required to communicate with...
Preparing reports become much easier than before. Nowadays it is not required to communicate with all different departments, which very often they are not based in the same country.
Pros
For the Real Estate prospective the most useful feature is the report field. It is very useful and easy to use because you can review and check all the info (General and Financial) for all the units.
Cons
Overall the system works very well and one of the best feature that Visual Lease offers is the financial reporting.
At the moment Visual Lease gives you the possibility to run financial reports with simple steps and various options such as customize by month and year. The additional feature that can be add value on these reports could be if the system automatically gives the amount based on the Lease year for all units despite the fact that they have different Lease periods.
- Industry: Logistics & Supply Chain
- Company size: 5 001-10 000 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
first lease admin & accounting software for the company
Reviewed on 2020/05/22
positive experience with sales during request for proposal, very knowledgeable and patient...
positive experience with sales during request for proposal, very knowledgeable and patient implementation team led by [SENSITIVE CONTENT HIDDEN] allowing us to complete implementation on time, some hiccups with trying to have more customised info built into the accounting feed without having to incur additional costs but otherwise have appreciated being put in touch with technical expert [SENSITIVE CONTENT HIDDEN] to understand how the system does or does not accommodate for IFRS 16 specifics
Pros
ability to apply more than one accounting standard to a lease, ease of running reports and creating ad-hoc rpeorts, clear and easy to follow journal entries and lease amortisation schedules, clean user interface
Cons
very US-centric whereas we are UK company applying IFRS and would like more of the US terminology turned off and more of the IFRS 16 accounting rules evident and labelled as such in the application so that users can make direct correlation to what is in the IFRS rules
Response from Visual Lease
Hi Karen! Thanks so much for sharing your feedback. We would like to learn more about the specifics of how we can improve our lease accounting nomenclature and usability for clients focused on IFRS 16. I will reach out directly to see if you'd be willing to connect with our Product Team. Thanks again for taking the time to share your input. It is much appreciated.
- Industry: Nonprofit Organization Management
- Company size: 1 001-5 000 Employees
- Used Monthly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Use & need of Visual Lease
Reviewed on 2021/02/23
So far there is a lot to learn, but in the end it will do what we are looking for.
So far there is a lot to learn, but in the end it will do what we are looking for.
Pros
Keeping track of our leases expiration dates and 842 payments
Cons
Setting up all the leases in Visual Lease
- Industry: Facilities Services
- Company size: 1 001-5 000 Employees
- Used Daily for 1-5 months
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Likelihood to recommend 10.0 /10
User Experience
Reviewed on 2021/02/05
From the beginning to the end VL has been most accomidating and eager to help. Customer service is...
From the beginning to the end VL has been most accomidating and eager to help. Customer service is hard to come by these days. It's refreshing to have companies work with you on business objectives.
Pros
The software is intuitive. Each screeen is logical and easy to navigate. Everyday I find something new feature I can use in the adminstrative section along with projects.
Cons
When it comes to putting dates there is sometimes a different way to put them in. Depending on the country your are working with dates can be misleading . the first set of number are either the day or the moth. Dates should be 09-MAR-2019 = 99-MMM-9999. Sometimed the drop down date is not as intuitive as you would think. this is a small thing but I have made a mistake or two because of not paying attention.
Visual Lease FAQs
Below are some frequently asked questions for Visual Lease.Q. What type of pricing plans does Visual Lease offer?
Visual Lease offers the following pricing plans:
- Pricing model: Subscription
- Free Trial: Not Available
Please contact us for customized pricing based on the number of leases in your portfolio.
Q. What are the main features of Visual Lease?
We do not have any information about Visual Lease features
Q. Who are the typical users of Visual Lease?
Visual Lease has the following typical customers:
2-10, 11-50, 51-200, 201-500, 501-1 000, 1 001+
Q. What languages does Visual Lease support?
Visual Lease supports the following languages:
English
Q. Does Visual Lease support mobile devices?
Visual Lease supports the following devices:
Q. What other apps does Visual Lease integrate with?
Visual Lease integrates with the following applications:
JD Edwards EnterpriseOne, NetSuite, Oracle Cloud Financials, QuickBooks Online Advanced
Q. What level of support does Visual Lease offer?
Visual Lease offers the following support options:
Email/Help Desk, Phone Support, Chat
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