Visual Lease

Brand : Vinculum Solutions Pvt. Ltd.

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Visual Lease is a comprehensive lease management and accounting software designed to help organizations comply with various lease accounting standards such as FASB ASC 842, GASB 87, and IFRS 16. The platform streamlines lease portfolio management by centralizing lease data and automating compliance processes, ensuring that companies remain audit-ready year-round. With its intuitive interface, users can easily generate reports, track changes, and maintain a comprehensive audit trail. Visual Lease empowers businesses to optimize their lease portfolios, transforming potential liabilities into strategic assets through enhanced visibility and insights.

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The software offers seamless integrations with existing Enterprise Resource Planning (ERP) systems, allowing organizations to leverage lease data across their operations. Visual Lease's flexible reporting capabilities enable teams to create custom reports tailored to their specific needs, facilitating informed decision-making. Trusted by over 1,500 brands, Visual Lease is recognized as a leader in lease administration, providing the necessary tools to manage complex lease scenarios and ensure compliance with evolving standards.

Visual LeaseFeatures

Automated Reporting

Offers a library of customizable report templates, enabling users to generate comprehensive reports with ease, including roll-forward, disclosures, and journal entry summaries.

Centralized Lease Data Management

Centralizes lease information to enhance visibility and streamline management, allowing users to access and analyze data efficiently.

Lease Accounting Compliance

Supports compliance with accounting standards such as ASC 842, GASB 87 & 96, and IFRS 16, simplifying financial disclosure reports and maintaining audit readiness.

Audit Trail and Change Tracking

Maintains a complete audit trail of all lease transactions and changes, ensuring accountability and compliance with integrated approval workflows.

Integration Capabilities

Seamlessly integrates with ERP systems and other business applications, allowing for automated journal entry imports and rent tracking within accounts payable.

Lease Portfolio Optimization

Provides insights to help organizations transform their lease liabilities into strategic assets, uncovering potential savings and opportunities.

Flexible Ad-hoc Reporting

Includes an ad-hoc reporting engine for on-the-fly reporting and analysis, allowing users to configure fields as needed.

Visual LeaseSpecifications

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  •  Windows  Android 
  •  Desktop  Mobile 
  •  Web-Based, Perpetual 
  • All Industries 
  • All Businesses 
  • Phone Communities 
  • Documentation Videos 
  • English 

Visual LeaseReviews

100%

Have recommended this product

Overall Score

5/5
Based on 1 Reviews

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Pros

Visual Lease aligns perfectly with our needs. While we previously relied on another lease administration system, we still had to handle accounting manually. With Visual Lease, the lease administration functions are significantly more user-friendly, seamlessly integrating with lease accounting processes. Our implementation manager was exceptional, guiding us through setup and addressing all our queries. I now feel assured that I can swiftly access the right data in Visual Lease, unlike our previous cumbersome database. Moreover, I'm confident in the accuracy of data provided to our accounting team, eliminating the need for manual report submissions.Pranay Arya - April 09, 2024

Cons

While Visual Lease excels in its primary functions, some additional features, like project management, are somewhat limited. Enhancements in these areas would further elevate the product. Additionally, there were minor inaccuracies in mapping, which we managed to overcome manually. Continuous improvements in this aspect would be beneficial.Pranay Arya - April 09, 2024

Visual LeaseCompany Details

Brand Name Vinculum Solutions Pvt. Ltd.
Information Developer of SaaS product suite technology designed for managing and optimizing retail operations. The company's technology offers catalogue management, order and inventory management, warehouse automation, and payment reconciliation, enabling brands and retailers to streamline their operations, enhance customer experiences, and scale their businesses efficiently across multiple sales channels.
Founded Year 2007
Director/Founders Annajee Nott

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