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…
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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…
Leading lease accounting and management solution provider identifies product management leader to drive product innovation and delivery Woodbridge, NJ — November 10, 2020 — Visual Lease, the leader in lease accounting...
Read MoreAs 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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