By streamlining lease administration, automating data extraction, and providing robust reporting tools, VL supports effective budget management, transparent reporting, and efficient space utilization, allowing organizations to focus on their core functions and strategic goals.
GASB Compliance for Leases and
Software Agreements Made Easy.
Visual Lease simplifies GASB compliance for real estate, equipment, and software agreements.
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Visual Lease by the numbers
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Customers
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Retention
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Records under management
Controls and compliance for real estate, land, equipment, fleet and SBITAs:
- Journal entries on a full or modified accrual basis: Generate accurate journal entries that comply with GASB 87 for leases and GASB 96 for subscription-based IT arrangements (SBITAs), whether you’re working on a full accrual or modified accrual basis.
- Transparent calculations and third-party tested, pre-built disclosures and roll-forward reports: Leverage pre-built reports that align with government accounting standards, including supporting maturity analyses and disclosures required for GASB compliance.
- Critical date alerts: Receive proactive alerts for key dates such as lease renewals, terminations, and remeasurements, ensuring you never miss a deadline for your government leases.
- Streamlined modifications and remeasurements: Simplify the process of modifying and remeasuring leases and SBITAs as government contracts and agreements evolve, with full compliance and documentation.
- Configurable preventative and detective controls: Implement and enforce internal controls tailored to the specific needs of government operations, ensuring data integrity and regulatory compliance.
- Complete audit trail: Maintain a detailed audit trail for every asset, lease, and SBITA, meeting the rigorous standards required for government audits and reviews.
Automate your lease administration.
Our AI-driven tools streamline lease management processes, reducing manual effort and errors across your government agency. This includes automated data extraction from lease documents and proactive alerts for key dates and obligations, whether managing property leases, equipment leases, or IT service agreements under GASB 96.
Establish your ESG baseline in half the time.
Carbon accounting, sustainability management, and ESG reporting tools for leased and owned assets:
- Track energy, water, waste, and biodiversity data: Collect and monitor environmental data across government-owned and leased properties, including public buildings, land, and vehicle fleets.
- Create a complete emissions inventory: Build comprehensive emissions inventories that align with government sustainability initiatives and reporting requirements.
- Upload supporting documents: Store and manage all relevant documentation to support your agency’s environmental and sustainability efforts.
- Generate reports in accordance with GRI, the Greenhouse Gas Protocol, and more: Produce ESG reports that comply with leading standards and support transparency in government operations.
VL’s award-winning, all-inclusive support model:
Guided implementation
Our dedicated customer success managers will configure your system, controls, and data for optimal performance. We understand the unique needs of government agencies, including compliance with GASB standards and the management of diverse lease portfolios.
Expert support at no extra cost
We prioritize your success without additional charges. Our experts, knowledgeable in government sector operations, are available to answer your questions and ensure you keep progressing without any hidden fees.
On-demand training
VL is user-friendly, with comprehensive system trainings and how-to guides available on demand, helping your government staff quickly adapt to and maximize the platform’s capabilities.
Dedicated account team
Our all-inclusive support model features a dedicated account team committed to helping you maximize your system’s potential and achieve your agency’s goals, ensuring smooth operations and compliance with government standards.
What organizations say about us:
"Obviously the best part is how easy [Visual Lease] is to use. I’ve been involved in a lot of implementations, used a lot of different software, and from the beginning, Visual Lease has been straightforward and easy.”
Dominic Cromartie
Associate CFO at Poarch Creek Band of Indians
