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| Description | Visual Lease is the best lease optimization software for managing, examining, streamlining, and reporting on lease portfolios. It is an inclusive lease management solution that helps you manage your lease portfolio and all the allied costs. It also provides a complete, end-to-end structure with speedy implementation and data migration. It has been created by world renowned CPAs and lease experts by merging GASB-compliant lease accounting measures, IFRS, and GAAP with trouble-free, supple, and mechanized lease management procedures. It processes all the calculations, disclosures, and journal entries with the GASB 87 accounting standards, IFRS 16, and ASC 842. They are here to help you track any data linked within embedded leases, including assets, and streamline the way you abide by the terms of a lease for exclusive rights. Visual Lease is fully capable of supporting every type of lease data or real-estate category that you require including billboards that typically don’t fit into most real-estate categories. They offer you a free demo tool to analyze their service and see the best for you. Read more | LeaseQuery's CPA-approved cloud-based solution assists accountants and financial professionals in eliminating lease accounting problems. The programme targets and enhances lease accounting and compliance for enterprises across all industries reporting under FASB, IFRS, and GASB, from reporting to journal entries.The system is designed to address the difficulties of lease accounting by providing accountants with operational tools, data integrity, accounting intelligence, international considerations, and the precise disclosure reports that auditors and regulators require.It has a vast list of features such as - Powerful reporting tools and crucial alerts Long before any compliance date, ensure that deadlines are met, and data is accurate. Their cloud-based system allows you to access your leases from anywhere. This cuts down on the time, danger of data loss.One of its most beneficial features is the search option, you can quickly find contracts, set alert reminders for important dates or document completion, and manage leasing contracts all in one place. These capabilities enable teams across the company to collaborate more effectively and safely.During your initial post-transition journal entries and reports, you'll see possible cost reductions and accuracy. Read more |
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| SW Score & Breakdown |
80% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
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User-Friendly Interface, Comprehensive Reporting Capabilities, Excellent Customer Support, Efficient Lease Accounting Functionality Slow System Performance, Limited Report Customization, Occasional System Glitches, Complex Modification Processes |
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| Review Summary |
Overall, users praise Visual Lease for its user-friendly interface, extensive reporting capabilities, and excellent customer support. They find it particularly valuable for managing complex lease portfolios, as it helps them track lease obligations, calculate rent payments, and generate accurate financial statements. Some users have encountered minor issues with data accuracy and report customization, but these seem to be isolated cases. Overall, Visual Lease is a well-received lease accounting software that meets the needs of many businesses. |
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AI-Generated from the text of User Reviews
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LeaseQuery Custom |
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| Company Details | Located in: Woodbridge, NJ | Located in: Atlanta, Georgia Founded in: 2011 |
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+1 800-880-7270 |
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