Visual Lease Software
About Visual Lease
Visual Lease is the leading lease accounting and management solution, designed to simplify compliance with ASC 842, IFRS 16 and GASB 87. Built with years of embedded knowledge from leading lease experts and CPAs, Visual Lease's powerful platform supports any size or type of lease portfolio. Visual Lease is dedicated to providing a first-class customer experience, and offers in-house implementation, lease abstracting, data entry, training and support.
Visual Lease accounting software helps simplify all of your lease financials providing you with robust features such as a comprehensive audit trail helps ensure you have full transparency into every input and change through Visual Lease’s audit trail functionality, which makes all changes easily traceable and highly tr...
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Visual Lease User Reviews
OVERALL RATING
Showing 1 - 5 of 50 reviews
Anonymous
Company size: 1,001-5,000 employees
Time used: Less than 2 years
Review Source: Capterra
March 2022
Visual Lease
Overall, A+ experience.
Pros
Visual Lease makes Lease and Asset Management simple and easy to Administer.
Cons
Visual Lease is pretty versatile and there wasn't much I can say to improve it.
Response from Visual Lease
Hi there, thanks for taking the time to share your experience with us. What makes your day-to-day easier is the driving force behind all decisions that we make related to our software and services. If you have any additional thoughts or feedback, we'd love to hear it! Please feel free to reach out to Erin at emccrann@visuallease.com.
Replied April 2022
William
Company size: 1,001-5,000 employees
Industry: Hospital & Health Care
Time used: Less than 6 months
Review Source: Capterra
This review was submitted organically. No incentive was offered
July 2020
Great integration of Lease Admin and Accounting
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.
Reasons for choosing Visual Lease
Visual lease was the product that we felt had the best integration of both the lease administration and lease accounting functions. Other software systems said they could do both but upon further review they were strong in either admin or accounting but not both.
Reasons for switching to Visual Lease
We did not have a lease accounting system that was tied to our lease admin system. We conducted an RFP for a system with both capabilities and through that process chose Visual Lease.
Cristina
Company size: 10,000+ employees
Industry: Construction
Time used: More than 2 years
Review Source: Capterra
April 2022
Lease Management
This tool helps to have a better control and management of the leases
Pros
This tool is an option for the lease management
Cons
The customization and creation of the AP Feed
Response from Visual Lease
Hi Cristina! Thanks for taking the time to share your experience with us. What makes your day-to-day easier is the driving force behind all decisions that we make related to our software and services. If you have any additional thoughts or feedback, we'd love to hear it! Please feel free to reach out to Erin at emccrann@visuallease.com.
Replied April 2022
Dede
Company size: 1,001-5,000 employees
Industry: Building Materials
Time used: More than 2 years
Review Source: Capterra
March 2022
Capterra-DA
Pros
Reporting for accounting and AP feed for journal entries.
Cons
Difficult at first to learn. Had difficulties with contacts set up as payors and when the property sold there is a certain order to follow; otherwise, you are updating the new contact as the previous contact and losing the history.
Response from Visual Lease
Hi there, thanks for taking the time to share your input. It's important that we offer our users the service they need, and so, if you're open to it, we'd love to hear more about your experience. Please feel free to reach out to Erin at emccrann@visuallease.com to further discuss.
Replied April 2022
Jessica
Company size: 1,001-5,000 employees
Industry: Construction
Time used: More than 2 years
Review Source: Capterra
March 2022
Experience with Visual Lease
Pros
This product is user friendly, I have never experienced an outage to the site or slow performance as I have with other products.
Cons
My only wish is that we could customize more fields.
Reasons for switching to Visual Lease
We needed a software that can run better reports and is more current
Response from Visual Lease
Hi Jessica! Thanks for taking the time to give us feedback. We're glad to hear you're finding efficiencies with your leases through VL. Regarding your concern about our reporting structure, you'll be pleased to hear that some exciting changes are coming for our reporting module that are included in our product roadmap. I will share your feedback with our team. If you have any other questions or concerns, please email emccrann@visuallease.com.
Replied April 2022
