You are a master of efficiency. Your lease management and accounting solutions should be too. More than 1,500 organizations including leading manufacturing companies like Molson Coors Brewing, Serta Simmons, CEMEX and MISTRAS Group, Inc trust VL to manage and maximize their assets and maintain confident ASC 842 and IFRS 16 compliance.
Made for manufacturing businesses
Built by lease management and accounting experts. Built to last.
Visual Lease by the numbers
Records under management
Tools to streamline lease accounting compliance and month-end close
Generate journal entries with calculations backed by a bi-annual SOC I Type II audit. Leverage robust reports with supporting maturity analyses including pre-built, third-party tested disclosures, roll-forward and cash flow reports.
Set up the system for your unique needs, including variable period calendars (4-4-5, 4-5-4- and 5-5-4, and 13-month) customizable fields, configurable internal controls, multiple allocations and unlimited currencies.
All your assets, all in one place
Create a single source of truth for leased and owned real estate and equipment.
Manage modifications and maintain auditability
Complete remeasurement calculations and modifications workflow make managing changes easy – and an audit trail for each asset ensures every change is by the book.
Get ahead of what’s ahead
Establish your ESG baseline in half the time with carbon accounting, ESG reporting and sustainability management tools for leased and owned assets.
Expert support you can trust
Every customer gets dedicated attention from an in-house expert to set up your system, your controls, and your data for long-term success in 90 days or less.
Easy data migration and maintenance
Bulk import and upload templates catch potential errors before they can cause problems, and comprehensive controls ensure completeness and consistency.
All-inclusive, award-winning support
You’ll never get nickel-and-dimed for service. You’ll get a dedicated account team and access to support resources to help you get the most from your system.
Pull in data from third-party systems and leverage portfolio data across your business with real-time APIs and easily scheduled imports and exports.
What businesses say about us
Financial Reporting Controller at Simpson Strong-Tie