Enterprise Lease Accounting Software
Recommended by all major global accounting firms, Visual Lease is the fast & reliable path to FASB ASC 842 and IFRS 16 lease accounting compliance. Our flexible, cloud-based lease accounting software is suitable for a variety of industries, including financial services, energy, retail, health care, manufacturing/logistics, technology & more. Visual Lease integrates with more than 50 GL/ERP platforms, including multiple GLs across different regions or business units.
Lease Management Software
Backed by 20 years’ experience and over 600 clients worldwide, Visual Lease is the industry leader for managing and planning a complex portfolio of leased assets, including real estate, equipment, vehicle fleets and more.
While serving as a single source of truth for all lease data, Visual Lease manages any type of payment or lease structure, provides simple & customizable reports and business intelligence, and integrates with all your existing systems. You’ll also save money with our payment audits.
FASB ASC 842 Module
Are you ready to implement the new lease accounting rules under U.S. GAAP? With Visual Lease, you can quickly get ready to comply with FASB ASC 842 while maintaining compliance with the FASB ASC 840.
Partner with our experts to quickly abstract data from lease documents, classify leases with our automated lease test, perform calculations for a variety of lease types, and automatically send journal entries and disclosures to your GL system.
IASB IFRS 16 Module
Especially for global public companies, the deadline for implementing the new lease accounting changes under IFRS 16 is coming fast. Depend on Visual Lease to help you meet your compliance target while maintaining compliance with the current standard.
Quickly migrate data in native languages, multiple currencies, and from different repositories. Streamline lease abstraction, especially for complex property leases. Classify leases, perform required calculations and send journal entries to multiple GL systems. Generate disclosures and real-time Excel reports.