Track and manage payments across your lease portfolio

With so many leases and related expenses to pay, managing all those payments and details can be a daunting task. Visual Lease’s robust lease payment management capabilities make it simple to automate expense payments, collect what others owe you, and never miss a penny.

Manage all your Accounts Payable needs

  • Track recurring and non-recurring expenses, in all global currencies.
  • Automate invoices by region, portfolio, or individual location.
  • Allocate expenses across multiple budget centers.
  • Specify different vendors for different charge items at a location, such as base rental, OpEx, CAM, and taxes.
  • Allocate costs across all your specific business units.
  • View detailed payment histories.
  • Easily calculate straight-line rents.
  • Generate financial reports to comply with FASB ASC 842, IASB IFRS 16, and other requirements.
  • Automatically submit your payables and receivables to your ERP system with our out-of-the-box accounting system integration.

Simplify Accounts Receivable

  • Manage income as a lessor, from sublease or direct leases.
  • Track and bill recoverable operating expenses.
  • Perform manual billing adjustments for NSF checks, billings, and credits.
  • Post all cash receipts “on account” against tenant balances or against specific invoices.
  • Maintain and report an accurate transactional history for all billings.
  • Access full reporting for aged delinquencies, tenant history, cash receipts, invoices, and statements.

Manage percentage rent

  • Calculate overage rent.
  • Calculate percent in lieu.
  • View sales exclusions by amount and percent.
  • Recapture lease charges.
  • View multiple breakpoints and rates.

Meet the latest Regulatory Compliance requirements

  • SOC 1, SOC 2, & SSAE 18
  • Field-level history tracking
  • Electronic record of approvals
  • Centralized control of currency conversion