Beyond its leading software capabilities, Visual Lease further distinguishes itself from other lease accounting providers through its strong commitment to customer success. From implementation and training to ongoing account management and customer support, Visual Lease has a strong employee infrastructure committed to client success. During implementation, Visual Lease assigns an in-house implementation manager to understand each client’s needs, goals, and processes— and provides support for solution testing and validation before the solution is made live.
 

With access to lease data in real-time, users can easily track key lease data points and confidently generate financial disclosure reports to meet the requirements of ASC 842, IFRS 16 and GASB 87

 
In a case study, a New York City-based, publicly-traded global investment management firm with more than $50 billion under management across multiple funds approached Visual Lease to keep pace with rapid global expansion and extensive financial reach. The company was looking for a comprehensive solution that can streamline lease management, accounting, and document management while automating payments. Visual Lease responded quickly by implementing a comprehensive real estate solution. To address the holistic needs of the client, Visual Lease initially reviewed their real estate processes and recommendations. With this knowledge, it configured and implemented their Visual Lease database for lease management and accounting feed capabilities involving more than 20 organizational entities. It also abstracted all leases, populated the legal, business, document, and financial information, and brought them into the client’s database. As a result, the client not only achieved simplified real estate processes but also gained substantial improvement in financial operations execution. A fully customized lease administration and real estate management database allowed the client to keep track of the financials and improve their decision-making.

In the future, Visual Lease is looking to continually improve its capabilities, such as incorporating AI functionality and process automation to further improve the platform’s efficiency. Additionally, the company is exploring ways to enhance lease comprehension through import tools and automated means of integration.