By Mark McDonald. There’s been a significant shift in today’s digital landscape. While companies used to opt for point solutions to address specific needs, many are now looking to broader…
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This integration will provide mutual customers with a comprehensive view of their lease portfolios, helping to enhance operational efficiency and control while mitigating risk Arlington, Virginia – April 17, 2025…
Despite headwinds, these asset classes stand out in CBRE’s latest survey.
As businesses navigate change, they are increasingly relying on new and emerging technology to streamline operations and optimize strategies.
2024 was quite a year for finance teams. From the uncertainty of an election year and a tumultuous market to the ongoing accountant shortage and the growing interest in AI,…
SEC Acting Chair Mark Uyeda has halted the defense of the climate disclosure rule, questioning its authority and necessity. Despite this federal reversal, experts suggest commercial real estate may see…
Properly preparing for sustainability reporting is no longer optional—it must be a key priority for companies committed to sustainable growth and societal impact.
It’s that time of year for the 9th annual Innovators’ predictions! Many thanks to the global experts who shared their insights and visions (again) for 2025.
CFOs are keeping their focus on finding AI tools with “some good bit of traceability” in the face of a rising tide of potential vendors, Visual Lease’s Amie Durr said.
The FR sat down with Robert Michlewicz, CEO of lease optimization software provider Visual Lease, to understand why organizations are turning to technology to manage their lease portfolios.
Despite 2024 being expected to be the hottest year on record, according to projections by the European climate service, Donald Trump’s victory in the race to become the next US…
The International Auditing and Assurance Standards Board is preparing for the adoption of its International Standard on Sustainability Assurance 5000 early next year as companies look to get outside approval…
People are often businesses’ largest expense, but leases—for offices, facilities, equipment and vehicles—are usually not that far behind.
Tenants have gained leverage in lease negotiations in recent years as office owners have seen companies downsize or exit buildings entirely.
As regulatory requirements continuously evolve, leaders must adapt their finance and operational functions to stay compliant and mitigate potential business impacts.
WASHINGTON (October 22, 2024) – CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that it has reached…
In this compelling episode of Fintech’s DEI Discussions, host Nadia, Co-Founder and Chief Customer Officer at Harrington Starr, engages in a thought-provoking conversation with Amie Durr, the Chief Product Officer…
Expert says lease management strategy will be a “top business priority” next year.
National survey reveals 100% of Finance Executives are concerned with maintaining control over their lease portfolios Woodbridge, NJ – Oct. 22, 2024 — Visual Lease (VL) the premier platform for…
Visual Lease is the leading lease optimization solution provider empowering organizations across the globe to leverage their lease portfolios for strategic financial and operational outcomes.
Bill Harter, Principal ESG Solutions Advisor at Visual Lease, and John Rogers, Chief Innovation Officer of CoreLogic, join Jill Malandrino on Nasdaq TradeTalks to discuss long-term, sustainable solutions for implementing…
Industry leaders join forces to streamline data management and maintain financial and sustainability reporting controls for real estate and equipment-related datasets Woodbridge, NJ – September 9, 2024 — Visual Lease…
The office of finance continues to undergo a profound digital transformation driven by evolving regulatory requirements, ongoing talent shortages, increased burnout and changing market conditions.
Now encapsulating a focus on societal impact and the environment, the term ‘fintech for good’ has evolved from its initial meaning of charity. But it doesn’t stop there. This July,…
Office space absorption is expected to remain negative through 2025, with that rate gradually slowing by the end of next year, according to a new report from NAIOP.
The SEC is making it known that environmental statements should be the equivalent of financial disclosures.
Nearly two years after sharing its proposal for climate-related disclosures, the Securities Exchange Commission announced its final rule on March 6. According to the SEC’s official statement from chair Gary…
When it comes to business leadership, challenges are omnipresent. From rapidly changing market dynamics to technological disruptions, executives today grapple with multifaceted issues that directly impact their decision-making and strategic…
Visual Lease’s latest platform extension continues to gain industry recognition for helping organizations track and report on environmental impact data in accordance with all major frameworks and regulations Woodbridge, NJ…
Sustainability continues to gain momentum as the United States moves to standardize related reporting efforts. Most notably, the Securities and Exchange Commission recently announced its official guidance, requiring publicly traded…
While commercial leasing activity is anticipated to increase in 2024, it is also expected to linger below pre-pandemic levels, according to a recent survey by CBRE.
Woodbridge, N.J. –April 11, 2024 – Visual Lease (VL), the #1 lease optimization software provider, today announced its Q1 results, reporting sustained double-digit annual recurring revenue and customer percentage growth,…
It took Gary Gensler’s SEC two years to get a rule requiring companies to disclose their climate impacts approved, but it’s only taken days for opponents to file legal challenges.
The newly passed greenhouse gas disclosure rule from the Securities and Exchange Commission will have a significant impact on many industries, including commercial real estate.
The US Securities and Exchange Commission (SEC) approved its anticipated climate disclosure rules but watered down emission disclosure requirements under pressure from politicians and lobbying groups, making it less stringent…
The US Securities and Exchange Commission (SEC) has adopted its watered down climate risk disclosure rule in a disputed 3-2 vote, but its future remains uncertain in the face of…
The US Securities and Exchange Commission (SEC) has adopted the long-awaited rule to enhance and standardise climate-related disclosures, with multiple changes compared to the original draft – something that SEC…
After a long meeting, the SEC in a divided vote passed its long-expected greenhouse gas disclosure rule. While it changed “quite significantly” from the original more extensive form, as Anna…
The Securities and Exchange Commission voted 3-2 Wednesday morning to approve rules that would initially require large corporations to report part of their carbon emissions, but not Scope 3 emissions.
A divided Securities and Exchange Commission voted three to two Wednesday to approve a new rule that would require companies to provide climate-related disclosures to investors, but scaled back the…
ESG (environmental, social and governance) reporting has evolved into an essential cornerstone of corporate well-being due to its influence on critical stakeholders.
Carbon accounting and sustainability management solution recognized for empowering Enterprises with the data and visibility needed to progress toward their ESG goals Woodbridge, N.J. –February 8, 2024 – Visual Lease…
Artificial intelligence has been at the top of people’s minds for all of the past year, and the accounting profession is no exception…
Leases are contracts in which the property owner allows another party to use the property or asset in exchange for some consideration, usually for money or other assets. This is…
Lease optimization software provider redefines excellence with a single system of record for lease accounting, management and sustainability tracking Woodbridge, N.J. – January 18, 2024 – Visual Lease (VL), the…
We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the…
Technology developers who serve the accounting profession have planned a bevy of new products, features, capacities, integrations, partnerships, initiatives and other major developments for 2024 that are all aimed at…
Solution provider is recognized for empowering companies to leverage their lease portfolios for strategic financial and operational outcomes Woodbridge, N.J. – Dec. 21, 2023 – Visual Lease (VL), the #1…
It’s that time of year again for the annual EKMH Innovators’ predictions! As the saying goes, the past is prologue: click and read past predictions about 2017 marketplace lending, 2018…
The pressure to establish an ESG reporting framework is mounting as various regulatory bodies issue guidance.
Climate-related disclosure efforts are amplifying year over year (YOY), despite persistent and persnickety pain points, as more organizations widen the scope of the “discovery phase” of their environmental, social, and…
Building strategic financial partnerships has become a crucial factor for a company’s success and growth. Collaborating with the right financial partners can provide businesses with the necessary capital, expertise and…
Heightened scrutiny around environmental, social and governance issues is impacting a company’s operations on every front, including its lease management, according to a study from Visual Lease.
Companies are bracing for the Securities and Exchange Commission’s climate-related disclosure rule, according to a new survey.
Survey reveals 84% of enterprise organizations are prioritizing lease management due to lease accounting standards and emerging regulatory requirements around environmental impact reporting Woodbridge, N.J. – Oct. 31, 2023 –…
Controllers Council recently held a panel discussion on ESG 101: Practical Approaches for Navigating Compliance, Controls, and Sustainability Reporting, sponsored by Visual Lease.
Longstanding pioneer in lease management and accounting continues to advance its platform capabilities to address evolving environmental reporting requirements Woodbridge, NJ – October 16, 2023 — Visual Lease (VL), the…
In the last few years, environmental, social and governance (ESG) planning has become ubiquitous. No matter the industry or company size, businesses have made tremendous investments to advance ESG policies—and…
Woodbridge, NJ – September 27, 2023 — Visual Lease (VL), the #1 lease optimization software provider, today announced the winners of its annual Customer Excellence Awards, recognizing organizations that are…
Woodbridge, NJ – September 19, 2023 — Visual Lease (VL), the #1 lease optimization software provider, today announced the company’s newest offering, VL ESG Steward™, has been recognized by the Business…
When properly managed and prioritized, financial, operational and legal data has the potential to contribute significant strategic value to a business that extends far beyond meeting compliance requirements.
Getting clear insight into sustainability metrics means understanding your company’s real estate footprint
Company’s proven SaaS solutions are recognized in first analyst report dedicated to full lease portfolio management Woodbridge, NJ – August 29, 2023 — Visual Lease (VL), the #1 lease optimization…
Company invests in its Partner network in preparation for the next stage of growth Woodbridge, NJ – August 8, 2023 — Visual Lease (VL), the #1 lease optimization software provider,…
The management and administration of leases is a complex challenge for organizations of any size, from a landlord renting out a room to a corporation renting out airplanes. With a…
Dedicated investments in its solutions, services and leadership expand company value Woodbridge, NJ – July 13, 2023— Visual Lease, the #1 lease optimization software provider, today announced its results from…
Joe Fitzgerald is Senior Vice President of Lease Management Strategy at Visual Lease. Over the past three years, environmental, social and governance adoption has become more ubiquitous, sweeping across industries.
Taxfyle releases generative AI tax prep bot; Carbon accounting firm Greenly launches app store; and other accounting tech news.
Cboe Global Markets, Salvatore Ferragamo, Bolt, MarketWise, GoGuardian, Visual Lease, InnovAge, MiMedx Group, MedMen
Company continues to demonstrate its commitment to strategic growth and operational excellence Woodbridge, NJ – July 6, 2023 — Visual Lease, the #1 lease optimization software provider, today announced the…
Carbon accounting, sustainability management and ESG reporting tool receives global recognition on the heels of newly announced international sustainability standards (IFRS S1 and IFRS S2) Woodbridge, NJ – July 5,…
Chief financial officers are playing an important role in helping businesses navigate corporate ESG issues. We explore three key area
Finance chiefs should focus on three areas when building climate-reporting systems—collecting data, tracking regulation and coordinating with ESG raters
The regtech space is in for a major shake-up, with the FCA‘s new Consumer Duty regulations coming into effect in two months. This presents an opportunity for financial institutions to adopt…
Company’s innovative solutions and customer-centric approach drive accelerated growth Woodbridge, NJ – April 19, 2023 — Visual Lease, the #1 lease optimization software provider, today announced its results from Q1…
Asuccessful CMO has many roles, including leading an organization’s marketing department, establishing marketing strategies, and tracking successes and failures.
When it comes to adopting the new ASC 842 lease accounting standards, initial implementation — as difficult as it may be — is only the first step in a long…
Visual Lease, a vendor of lease optimization software, announced VL ESG Steward, “a solution designed to track and report on the environmental impact of an organization’s owned and leased asset…
Lease software provider Visual Lease announced it has launched a new product, VL ESG Steward, designed to help organizations track and report on the environmental impact of their owned and…
Visual Lease launches ESG solution; GBS Tax and Bookkeeping rebrands as Cleer Tax and Bookkeeping; the ITA is looking for new president; and other news…
The first sustainability-focused lease tracking and reporting software designed to help companies meet their environmental policy goals Woodbridge, N.J. – March 29, 2023 — Visual Lease, the #1 lease optimization…
U.S. businesses are looking to add office space this year, but their planning is more short-term than it used to be, according to a new survey by software specialist Visual…
A new report from proptech company Visual Lease digs into what corporate CRE executives are planning.
A study released this week by lease accounting software company Visual Lease found that 70% of the senior real estate executives polled say their clients are looking for more office…
The report also found more than half (52%) of senior real estate executives report that their companies are planning to add new satellite locations and 28% are looking to downsize…
Most firms still plan to grow their real estate footprints in 2023 despite the looming threat of an economic recession, according to a report from lease software provider Visual Lease…
For the last decade, the role of corporate finance professionals has increasingly expanded.
88% of businesses are planning for physical space needs just one year or less in advance Woodbridge, N.J. – February 22,2023 — Visual Lease, the #1 lease optimization software provider,…
Company achieves its fifth consecutive year of double-digit annual recurring revenue and customer growth Woodbridge, NJ – January 19, 2023 — Visual Lease, the #1 lease optimization software provider,…
Private companies in the U.S. are still adjusting to the lease accounting standard that took effect last year, even as international standard-setters are proposing new rules for the public sector.
Lease optimization solutions provider Visual Lease has promoted Amie Durr to chief product officer; she will be the company’s first CPO. … AbacusNext, a software solutions provider specializing in the…
Company continues to strengthen senior leadership team and invest in product innovation Woodbridge, NJ – January 9, 2023 — Visual Lease, the #1 lease optimization software provider, today announced its…
Technology by itself is NOT the answer — people are. There has been a migration towards technology platforms for countless workflows. We applaud companies that have acquired those solutions. What…
Visual Lease is a SaaS company empowering organizations to leverage their lease portfolios as a strategic asset, rather than a cost item. In the face of new lease accounting standards,…
Whether it’s to avoid upfront costs of purchasing new equipment or to have an opportunity to upgrade to new equipment after a few years, leasing is part of many construction…
A virtual business world means that documents are living in more places than ever before. For businesses with large lease portfolios, this can lead to higher risks, lost revenue, and…
“Aside from people expenses (aka all headcount-related costs), do you know what the next highest expense line item in your organization’s budget is? For many, the answer to this question…
As we enter the final months of 2022, accounting departments should feel like they are crossing a new finish line. This year, many private companies had to adopt ASC 842,…
Visual Lease, has released a report titled, “The 2022 Lease Market Analysis: Lease Accounting Readiness.” The main finding in the report is that a whopping percentage of companies are not…
Organization continues to invest in its leadership team to drive its next stage of growth Woodbridge, N.J. – November 1, 2022 — Visual Lease, the #1 lease optimization software provider,…
Company welcomes Visual Lease customers and partners to two-day event to network, discuss the future of lease accounting and recognize award-winning accounts Woodbridge, NJ – October 28, 2022 — Visual…
Leading technology provider joins forces with top accounting advisors to help companies master their lease administration and accounting software implementation Woodbridge, N.J. – October 27, 2022 — Visual Lease, a…
Many businesses today are overlooking a critical line-item expense: leased assets (commercial real estate, equipment, fleet, land and more). While leases should be part of routine financial management, a report…
Leading provider of lease accounting, administration and optimization software continues to make strategic investments to elevate its technology, services and team Woodbridge, NJ – October 13, 2022 — Visual Lease,…
Lease inventories, hiring more staff and renegotiating lease terms are some of the moves private companies can take to make compliance easier.
Alexandra Betesh to amplify the voice of the customer in the company’s solutions, services and strategic partnerships Woodbridge, NJ – October 5, 2022 — Visual Lease, the #1 lease optimization…
The FASB on Sept. 21, 2022, voted by 4 to 3 to issue a proposal that would change the accounting rules for leasehold improvements in inter-company leases done by both…
FinLedger spoke with Joe Fitzgerald, senior vice president of lease market strategy at Visual Lease to discuss the report and understand the implications of the new lease accounting standards.
Organization included on The Inc. 5000 List for third consecutive year, also receiving a 2022 PropTech Breakthrough Award, 2022 SaaS Award and 2022 Stevie Award for Employer of the Year…
PropTech Breakthrough, an independent market intelligence organization focused on real estate and property technology companies, yesterday announced its second annual PropTech Breakthrough Awards, highlighting some of the most influential and innovative…
The Financial Technology Report is pleased to announce The Top 25 Financial Technology Leaders of New Jersey for 2022. While New Jersey may be considered part of the New York…
New CEO makes first strategic hire to empower organization to further expand its offerings Woodbridge, N.J. – August 8, 2022 — Visual Lease, the #1 lease optimization software provider, today…
Real estate is one of the largest operating expenses for retailers worldwide. Second only to labor costs, rent can account for more than 30 percent of expenses and, according to research from…
Founder and current CEO, Marc Betesh, transitions to Executive Chairman as company continues to expand and evolve Woodbridge, NJ – August 1, 2022 — Visual Lease, the #1 lease optimization…
Even though leases typically comprise a major piece of a business’ budget, most companies don’t know how much their leases cost and many are unsure about how to account for…
The new lease accounting standards under ASC 842 are sticky, demanding, and—after multiple delays—most definitely here for all companies, whether public or private when the Financial Accounting Standards Board finally…
The new lease accounting standards under ASC 842 are sticky, demanding, and—after multiple delays—most definitely here for all companies, whether public or private when the Financial Accounting Standards Board finally…
Private companies and government entities continue to face challenges around properly managing and reporting their leases in accordance with the new lease accounting standards Woodbridge, N.J. – July 25, 2022…
The only software provider recognized as a Leader by G2 in Lease Administration and Lease Accounting continues to achieve double-digit annual recurring revenue, customer and employee growth YoY Woodbridge, NJ…
Technical accounting expert from leading independent audit, tax and advisory firm will join the VL team to share exclusive insights on lease accounting compliance Woodbridge, NJ – June 14, 2022…
As part of my series about the “5 Things You Need To Know To Create a Successful App or SaaS”, I had the pleasure of interviewing Marc Betesh. Marc Betesh…
Professionals on the Move is a round-up of recent staffing announcements and promotions in and around the tax and accounting space. Carrie Summerlin Named FICPA’s New Chief Growth & Innovation…
Fin-tech veteran to oversee strategic business operations at the leading lease accounting and management solution provider Woodbridge, NJ – June 1, 2022 — Visual Lease, the #1 lease optimization software…
The introduction of lease accounting standards has forever altered how public, private and government entities manage, track and report on their leases. To understand more about the leasing sector and…
In response to the ongoing impact of the global pandemic on revenues and business operations, companies are evolving how they prioritize and manage their commercial real estate leases. Many organizations…
Company achieves double-digit YoY annual recurring revenue, customer and employee growth Woodbridge, NJ – April 18, 2022 — Visual Lease, the #1 lease optimization software provider, today announced results from…
Industry leader continues to host virtual events to help companies master lease accounting compliance Woodbridge, NJ – April 12, 2022 —Visual Lease, the #1 lease optimization software provider, announced its…
We’re back in 2022 with a Season 2 bonus episode! After a bunch of attempts to connect at the end of 2021, Marc and Chase finally got together to discuss…
The standard in some ways parallels the ASC 842 leases standard for public and private companies and nonprofits from the Financial Accounting Standards Board and the IFRS 16 leases standard…
The introduction of new lease accounting standards (ASC 842, IFRS 16 and GASB 87) has had a significant impact upon accounting and reporting for U.S. publicly traded and private companies,…
The past two years have shuffled business priorities and workflows, which has left many companies catching up on their transition to the new lease accounting standards (ASC 842, GASB 87,…
In early 2020, the COVID-19 pandemic redefined how businesses operate. Today, they continue to grapple with the ongoing effects of shutdowns, rent crises, supply chain issues and inflation. Many have…
When discussing commercial real estate, you’ll often hear about build-to-suit (BTS) leases, in which the landowner agrees to construct a property according to the requirements of the lessee, and the lessee…
As lease terms shorten, the value of properties becomes more uncertain. If the pandemic has infused business with any one idea, it’s flexibility. Companies need to be flexible to get…
Company achieves double-digit YoY annual recurring revenue and customer growth for fourth consecutive year Woodbridge, NJ – January 20, 2022 — Visual Lease, the #1 lease optimization software provider, today…
Lease accounting can easily become an administrative and logistical nightmare for many. Companies tend to underestimate the work involved in preparing documents that comply with FASB and other standards. Proper…
Industry leader to host a series of virtual events, sharing valuable insights to help companies master lease accounting compliance Woodbridge, NJ – January 11, 2022 —Visual Lease, the #1 lease optimization software…
Company continues to prepare for its next phase of growth Woodbridge, NJ – January 6, 2022 — Visual Lease, the #1 lease optimization software provider, today announced that Guy Zerega,…
Chances are you’ve already tangled with the ASC 842/IFRS 16 changes in standards determining how organizations should be accounting for leases on the balance sheet. The effective date for implementing…
Private companies, the largest business demographic in the U.S., have to adopt the FASB’s new lease accounting standard starting this month, but many are still lagging in those efforts.
The ongoing impacts of Covid-19 are greatly changing leasing life cycles and accounting workflows. This pressure, coupled with the new lease accounting standards and looming compliance deadlines, is pushing financial…
Adopting new technology has become the reality of every business, especially in the modern remote work era. Companies that shifted to a work-from-home environment during the pandemic had to train…
New lease accounting standards coupled with the many pressures brought on by the pandemic have changed how organizations prioritize their leases. Companies are currently reevaluating their lease portfolios to ensure…
You’d be forgiven for gaining a case of whiplash moving from 2020 to 2021. Disaster—a seemingly closed economy, crashed supply chains, tight labor availability, and many millions out of work—turned…
The verdict is in: the Financial Accounting Standards Board (FASB) will not issue a third delay to the ASC 842 effective date for private companies, which will take effect Dec. 15, 2021….
In a piece of good news for Manhattan’s battered office market, over 3M SF of office space was leased in November — the first time since before the coronavirus pandemic…
The FASB on November 11, 2021, published a narrow amendment to ease lease accounting rules for private companies and nonprofits, enabling lessees to have a moreflexible way to elect a…
Culture is more than a business buzzword. Discover how you can improve the personality of the company in this interview. Today’s guest is Marc Betesh, CEO and Founder at Visual…
Company sustains consistent double-digit growth over four years Woodbridge, NJ – November 18, 2021 — Visual Lease, the #1 lease optimization software provider, today announced that it ranked No. 264…
Company donates $25,000 to Habitat for Humanity International, The Affordable Housing Alliance and New Jersey Veterans Home at Menlo Park Woodbridge, NJ – November 17, 2021 — Visual Lease,…
The Financial Accounting Standards Board issued an accounting standards update Thursday in an effort to simplify the discount rate guidance for lessees that aren’t public companies, including private companies, nonprofits and employee…
The Financial Accounting Standards Board issued an accounting standards update Thursday in an effort to simplify the discount rate guidance for lessees that aren’t public companies, including private companies, nonprofits and employee…
Green shoots are beginning to emerge for the office market, with many tenants starting to consider long-term leases — though most firms plan to revise workplace arrangements when the pandemic…
More than double the share of commercial real estate tenants are planning to increase rather than decrease their space next year, according to a survey by the Visual Lease Data…
With the lease accounting standard set to take effect for private companies in mid-December, the Financial Accounting Standards Board will be considering a proposal at a meeting Wednesday to postpone…
Since the onset of the Covid-19 pandemic, businesses have evolved their real estate strategies to comply with the many changes that the pandemic forced upon them. To maintain lease accounting…
Majority of surveyed tenants plan to expand their commercial real estate footprint in the New Year Woodbridge, NJ (Nov. 9, 2021) Visual Lease, the #1 lease optimization software provider, today unveiled a survey of 400 senior accounting and finance…
The majority of private companies have yet to implement the new lease accounting standard entirely, even though the effective date is fast approaching. Three-quarters (75%) of privately held companies surveyed this spring…
Leasing a commercial property is a huge step for a business. The right space in the right location can attract ideal customers and take an entrepreneur’s business to the next…
Company continues to strengthen its senior leadership team Woodbridge, NJ – October 26, 2021 — Visual Lease, the #1 lease optimization software provider, today announced that Erinn Tarpey, current Senior…
Partnership will empower organizations to accelerate their ability to comply with new lease accounting standards and maximize the value of their commercial real estate assets Woodbridge, NJ – October 13, 2021 — Visual Lease, the #1 lease optimization software provider, today announced a partnership…
Company now helps more than 800 organizations manage upwards of 500,000 leases Woodbridge, NJ – October 11, 2021 — Visual Lease, the #1 lease optimization software provider, today announced results…
Solution provider to host a series of virtual events, gathering industry experts to share unique insights and opportunities around lease accounting Woodbridge, NJ – Sept. 27, 2021 — Visual Lease,…
Are you truly getting the most value out of your financial technology? We recently surveyed 500 senior and accounting finance professionals and found that 53% of respondents use three to…
Woodbridge, NJ – September 13, 2021 — Visual Lease, the #1 lease optimization software provider, has been named a Best Place to Work in New Jersey by NJBIZ. The organization was recognized for its unique company culture, strong leadership, high levels of…
Public companies have significantly changed their financial processes in the past year and are not done yet, according to data released last month by Deloitte.
Woodbridge, NJ – August 30, 2021 — Visual Lease, the #1 lease optimization software provider, has been named the winner of a Gold Stevie® Award in the Employer of the…
Last year, the Governmental Accounting Standards Board (GASB) voted to defer the effective date of lease accounting standard GASB 87 to give public sector entities more time to adapt to…
Private companies are facing a deadline on implementing the new lease accounting standard, but recent updates in the rules could make an impact on their financial statements and disclosures.
The financial world has a never-ending list of new standards and practices to adhere to, many of which intersect with the world of corporate real estate.
Organization recognized as one of the fastest-growing private companies in America for the second consecutive year Woodbridge, NJ – August 17, 2021 — Visual Lease, the #1 lease optimization software…
Visual Lease, the #1 lease optimization software provider, today unveiled the results of an in-depth study of 500 senior finance and accounting professionals analyzing where companies are in their efforts…
Visual Lease unveiled the results of an in-depth study of 500 senior finance and accounting professionals analyzing where companies are in their efforts toward achieving compliance with ASC 842. The report…
Package provides robust tech capabilities and all-inclusive implementation and support required to achieve lease accounting compliance with ASC 842 Woodbridge, NJ – August 10, 2021 — Visual Lease, the #1 lease…
While 100% of surveyed companies agree on the business value of complying with the lease accounting standard, most are underconfident and unprepared for the looming deadline Woodbridge, NJ (July 29,…
Company reports key strategic investments and double-digit annual recurring revenue growth year-over-year Woodbridge, NJ – July 20, 2021 — Visual Lease, provider of the #1 lease optimization software, today announced results from…
Woodbridge, NJ – July 15, 2021 — Visual Lease, provider of the #1 lease optimization software, has been ranked among the Top 100 Software Companies of 2021 by The Software Report. Visual...
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Provides a proven and fully supported path to achieve lease accounting compliance with GASB 87 in 50 business days or less Woodbridge, NJ – July 12, 2021 — Visual Lease,...
Read MoreIn a 2020 IDC survey, 42% of technology decision makers reported that their organizations planned to invest in technology to close the digital transformation gap. We expect that number has…
Woodbridge, NJ – June 29, 2021 — Visual Lease, provider of #1 lease optimization software, has been identified by G2 as a “High Performer” in the Summer 2021 quarter for Lease...
Read MoreLast year, the Financial Accounting Standards Board (FASB) provided private companies with an extra year to adopt lease accounting standard ASC 842. When this was announced, 63.8% of surveyed private company executives…
Woodbridge, NJ – June 22, 2021 — Visual Lease, provider of the #1 lease optimization software, today announced that Guy Zerega has joined the organization as Senior Vice President of Sales, responsible...
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Woodbridge, NJ – June 21, 2021 — Visual Lease, provider of the #1 lease optimization software, has been named a Top Workplace in 2021 by NJ.com. This recognition comes on the heels...
Read MoreReal estate leases can serve as key strategic assets for companies, presenting opportunities to improve the execution of a business strategy while also creating operational efficiencies. But leases also present…
The Governmental Accounting Standards Board released updated implementation guidance for its leases standard, which is going into effect soon, along with other accounting standards for state and local governments.
In response to the ongoing effects of Covid-19, businesses across all industries have had to adjust not only their strategies and goals but also their workflow and styles to remain…
For companies that are reporting on a calendar year and have completed their audit, CFOs have recently received or will shortly receive a management letter from their auditors. The management…
In-house team regularly shares valuable insights to help companies gain confidence with their compliance to ASC 842 and GASB 87 Woodbridge, NJ – May 10, 2021 —Visual Lease, the #1 lease optimization software, now offers complimentary workshops to help organizations achieve and maintain compliance with the new lease accounting...
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Woodbridge, NJ – May 4, 2021 — Visual Lease, the #1 lease optimization software, has been honored with a Bronze Stevie® Award in the Fastest Growing Company of the Year category in...
Read MoreIt’s been just over a year since the U.S. experienced a series of lockdowns in response to the Covid-19 pandemic. Lessees and lessors have had to quickly adjust their strategies to…
Company continues to make strategic investments to help organizations manage, account for and maximize every asset within their lease portfolio Woodbridge, NJ – April 19, 2021 — Visual Lease, the...
Read MoreLandlords and tenants are struggling to reconcile 2020 building operating expenses and service charges in an atmosphere of highly irregular occupancy and operational adjustments.
With the ASC 842 deadline for private companies looming, there are several things private organizations can do to set themselves up for success.
Real estate, as an industry, has been more accepting of technology’s benefits to the trade in recent years. A growing number of real estate companies and professionals have embraced tech…
Commercial real estate overhead has never faced more scrutiny. While today’s highly agile workforce brings with it a newfound level of productivity, there are various impacts and considerations felt across…
These are the considerations that financial professionals should keep in mind to ensure they are prepared for changes that may emerge due to COVID-19.
To survive and thrive in today’s new norm, these same companies now need to evaluate how these decisions will continue to affect the leasing landscape, and what that means for…
Article: Uncover an unlikely profit center: transforming lease compliance into savings opportunities
This past year, organizations across the globe have faced unprecedented challenges as they navigate new business models and virtual work environments. For many, it’s been a race against the clock…
Another day, another breathless survey repeating what we’ve been hearing for the last year: work-from-home is more than just a passing trend, and it just may be here to stay….
Commercial office leases were on the chopping block last year as companies grappled with the impacts of COVID. Of the companies surveyed in a new Visual Lease report, 50% received…
Research uncovers how the pandemic has impacted landlords and tenants, and trends to expect within the commercial real estate market Woodbridge, NJ – January 25, 2020 —Visual Lease, the #1 lease optimization software, published its lease market trends report, which explores how the leasing industry has changed as a result of COVID-19. In 2020, the...
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Company grows its customer base by 21% and revenue by 22% YoY, emerges as the market’s leading lease optimization software Woodbridge, NJ – January 19, 2020 — Visual Lease, the...
Read MoreHow has COVID-19 impacted the road to compliance and the accounting industry? Visual Lease’s Joe Fitzgerald discusses why FASB has proposed new changes to its lease guidelines and what it…
Woodbridge, NJ – December 17, 2020 — Visual Lease, the leader in lease accounting and management software, today announced the company was named No. 10 on NJBIZ’s list of New...
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Innovative product enhancement makes it faster, easier and more scalable for companies to activate their system integrations Woodbridge, NJ – December 9, 2020 — Visual Lease, the leader in lease accounting and management...
Read MoreAs the accounting profession navigates the challenges brought on by COVID-19, FASB shifted the deadline to grant private companies more breathing room to achieve compliance with its major lease accounting…
In the current economic environment, businesses are searching for new ways to save cash. However, they often overlook one critical aspect of their business: real estate management. Real estate leasing…
Expansive demand for robust lease accounting and management solutions drives 1,193% revenue growth over a three-year period Woodbridge, NJ – November 18, 2020 — Visual Lease, the leader in lease...
Read MoreIn the current economic environment, businesses are searching for new ways to save cash. However, they often overlook one critical aspect of their business: real estate management. Real estate leasing…
As COVID-19 has wreaked havoc on the CRE industry, many tenants have been forced to make tough decisions when it comes to commercial real estate leases. Marc Betesh, founder and…
The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) intended to improve three areas of the leases guidance.
Latest software release delivers lease portfolio management functionality to help customers more effectively address COVID-19 impacts Woodbridge, NJ – October 9, 2020 – Visual Lease, the leader in lease accounting and management...
Read MoreSelf-service, video-based instruction helps customers maximize the use of their lease lifecycle management solutions Woodbridge, NJ — October 1, 2020 — Visual Lease, the leader in lease accounting and management...
Read MoreFollowing the FASB’s recent decision to extend the deadline for its ASC 842 standard for a second time, privately held companies have an additional 12 months to prepare to comply…
Interactive tool creates custom project plans around FASB and GASB compliance target dates, and guides companies through every step of the process Woodbridge, NJ — September 25, 2020 — Visual Lease,...
Read MoreLease accounting and management consulting expert to inform product innovation and support GTM thought leadership Woodbridge, NJ – September 21, 2020 — Visual Lease, the leader in lease accounting and...
Read MoreSince the start of the Covid-19 outbreak, commercial tenants have fallen behind on rent payments as cities across the U.S. have been on full or partial lockdown for months on…
Lease lifecycle management solution provider upgrades hosting infrastructure to improve customer experience and support its strategic growth plans Woodbridge, NJ – September 17, 2020 — Visual Lease, the leader in...
Read MoreEnhanced features improve the efficiency & accuracy of audit preparation Woodbridge, NJ – September 16, 2020 — Visual Lease, the leader in lease lifecycle management and accounting software, today announced its...
Read MoreOffice Lease Transparency Is More Important Than Ever: A Q+A With Marc Betesh, CEO and Founder of Visual Lease about where he thinks the office lease market is heading.
Visual Lease recently surveyed tenants to see how they have been impacted, any payments they withheld or concessions they have been offered, and how the pandemic is impacting their future…
Fall and winter will bring more lawsuits and evictions, industry sources say. CEO of Visual Lease, Marc Betesh, comments.
Visual Lease featured in CHRO Moves for appointing Amy Land as Director of Human Resources.
Visual Lease, a lease accounting and management solutions provider, has appointed Amy Land as Director of Human Resources.
Marc Betesh interviewed with Akiko Morris at The Real Deal around TikTok’s lease and the growing work from home trend.
Woodbridge, NJ – August 18, 2020 – Visual Lease, a leading provider of lease accounting and management solutions, today announced the appointment of Amy Land as Director, Human Resources. In her role,...
Read MoreWhat Contractors Don’t Know About Equipment Leases Could Cost Them a Fortune. Marc Betesh, Visual Lease CEO and Founder gives his insights and tips on what you should know about…
Marc Betesh quoted throughout the article about Simon Property Group, the biggest mall owner in the country,being in talks with Amazon to turn some of the vacant anchor stores in…
Woodbridge, NJ – August 13, 2020 – Inc. magazine yesterday announced that Visual Lease ranked #389 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing...
Read MoreNJ-based company, Visual Lease, made the list of one of Inc. 5000’s fastest-growing companies.
Woodbridge, NJ — August 11, 2020 — Visual Lease, the leader in lease accounting and management software, today announced its newest product release, version 20.3. This release features new lease...
Read MoreCOVID-19 has already impacted the market for leased real estate and companies’ plans for leasing. In fact, 30 percent of 109 respondents to a recent survey conducted by Compliance Week…
A large number of companies have failed to make rent payments on their unoccupied commercial properties as ongoing COVID-19 shelter-in-place orders have shuttered operations.
Large, privately held manufacturing company identifies and consolidates global lease portfolio, completing implementation in less than 90 days Woodbridge, NJ — July 9, 2020 — Visual Lease, the leading provider...
Read MoreView the latest article from Monitor Daily which features a guide on this year’s best commercial real estate apps.
Series features partners, customers & lease industry experts Woodbridge, NJ – June 29, 2020 - Visual Lease, the leader in lease accounting and management software, today announced the launch of...
Read MoreVisual Lease released its latest product, 20.2, providing expanded lease accounting and reporting capabilities for global and national companies required to comply with GASB 87 and FASB 842.
The legislation “significantly impacts the validity of existing contracts,” quoted Marc Betesh. “It would completely undermine the real estate industry and the economy. If you can’t rely on the validity…
20.2 release delivers industry-leading GASB 87 & FASB 842 compliance functionality Woodbridge, NJ – June 25, 2020 - Visual Lease, the leader in lease accounting and management software, today announced...
Read MoreVisual Lease supports the local town of Woodbridge, NJ with donations to support essential workers during COVID-19.
Woodbridge, NJ – May 27, 2020 – Visual Lease, the leader in lease accounting and management software, today announced it is the recipient of the Top Accounting Solution Companies 2020...
Read MoreRestaurants and retailers are seeking rent concessions this spring to ease cash flow as stay-at-home orders slammed their businesses.
While the deadline for FASB lease accounting compliance will likely be pushed back, now is certainly not the time for your clients to press pause on getting a handle on…
Woodbridge, NJ — May 20, 2020 — (BUSINESS WIRE) --Visual Lease, the leader in lease accounting and management software, today released findings from a recent customer survey that probed the...
Read MoreAlmost half of New York renters said they will struggle to make today’s rent payment.
How is #COVID19 impacting commercial lease agreements? Visual Lease CEO Marc Betesh joins Jill Malandrino on Nasdaq #TradeTalks to discuss how businesses are being impacted by the coronavirus the move…
Technology can help companies comply with ASC 842 while focusing on rebuilding post-COVID-19.
With ever changing needs to lease agreements as the pandemic unfolds, real estate stakeholders are calling for technology that provides quick access to documents for modification.
The entire commercial real estate sector will be affected, and the uncertainty hits tenants and landlords alike. Can I afford to keep paying rent?
Woodbridge, NJ — April 13, 2020 — Visual Lease, the leader in lease accounting and management software, today announced it has been named a 2020 “Best Place to Work in...
Read MoreIt’s crucial to properly manage lease documentation to avoid serious financial risks, such as overpayment or missed renewal dates. Furthermore, proper lease management has become more critical than ever due…
Thousands of renters are suddenly in a position where they don’t have the money to pay rent. Small-scale landlords are facing their own crisis.
Leading lease accounting and management solution provider expands executive team to support the next phase of its strategic growth Woodbridge, NJ - March 30, 2020 - Visual Lease, a leading provider...
Read MoreNew GASB 87 lease accounting module provides government entities and public sector organizations with simplified lease accounting compliance Woodbridge, NJ, February 19, 2020 – Visual Lease, the leader in lease accounting...
Read MoreAudit, tax and consulting services firm partners with Visual Lease to provide clients with a solution to efficiently comply with new accounting standards Woodbridge, NJ (November 12, 2019) – Visual Lease,...
Read MoreThe Financial Accounting Standards Board (FASB) approved its August 2019 proposal to grant private companies, not-for-profit organizations, and certain small public companies various effective date delays on its credit losses…
CFOs of private companies don’t have much time to comply with new lease accounting standards even if FASB extends the start date a year, as it has proposed.
Woodbridge, NJ, July 16, 2019 – Visual Lease, a cloud-based lease management and accounting software provider, received a growth investment from Spectrum Equity, a leading growth equity firm investing in…
Marc joins ranks of unstoppable entrepreneurs in New Jersey region Woodbridge, NJ, May 6, 2019 – EY today announced that Marc Betesh, Founder and CEO of Visual Lease, is a…
Visual Lease featured in the #BeKind segment of ABC 7 (NY) Eyewitness News for their participation in a 'Have a Heart' food drive.
Read MoreLeading web-based software solution helps Baker Tilly clients with multiple real estate, vehicle and equipment leases efficiently comply with new accounting standard Woodbridge, NJ (March 7, 2019) – Leading advisory, tax...
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Woodbridge Mayor John McCormac thanks Visual Lease CEO Marc Betesh for generous contribution to “Have-A-Heart” food drive. Have-A-Heart supplies Woodbridge food pantries with food donated from local business, schools and…
Visual Lease, a New Jersey-based lease management and accounting SaaS company, today announced Clark Convery joined its team as Chief Operating Officer. Prior to Visual Lease, Convery was General Manager of the Enterprise…
Last month, Visual Lease joined Bloomberg to sponsor a black tie gala that raised over $130,000 for All Hands and Hearts — Smart Response, a non-profit organization that provides disaster…
WOODBRIDGE, N.J., April 12, 2018 /PRNewswire/ — Visual Lease, the leading provider of end-to-end lease accounting & management software, received a minority growth equity investment from Growth Street Partners. Visual Lease’s…
Deal bolsters cloud-based lease management and ASC 842 services CHICAGO — Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, has entered into a preferred vendor agreement…
Woodbridge, NJ – February 26, 2016 – In 2006, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) undertook a project to address the widespread criticism...
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WOODBRIDGE, NJ, September 15, 2015 - The Financial Accounting Standards Board (FASB) and its international counterpart the International Accounting Standards Board (IASB) are expected to release their final respective versions...
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Woodbridge, NJ – April 7, 2015 – Visual Lease, the leading provider of cloud-based Lease Administration software for Fortune-1000 companies with multiple locations, announced today that Michael Bell has joined...
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Woodbridge, NJ – March 12, 2015 – Today, Visual Lease is announcing a fundamentally new approach for processing real estate Operating Expense, Tax and Common Area Maintenance (CAM) Invoices and...
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