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 announced results from 2021, reporting an increase of nearly 30% in customer count and annual recurring revenue year-over-year, making it the fourth consecutive year that the company has experienced double-digit growth. Visual Lease now assists nearly 1,000 organizations with lease accounting compliance and the financial, legal and operational performance of their leased assets.
“Our continued success is grounded in our commitment to our customers,” said founder and CEO, Marc Betesh. “Our software is designed to help companies not only master lease accounting compliance, but also effectively manage their leased assets for maximum return on investment. Our platform supports cross-functional collaboration across all teams who handle lease data, a critical part of the lease accounting and management process that will drive business impact today and well into the future. As we move further into 2022, we’re building on a very strong foundation, and will continue to make strategic investments in our product, services, people and infrastructure.”
Some of the company’s other achievements in 2021 included:
Solution Advancements
Lease Accounting
Lease Administration
Infrastructure & Community
Brand & Thought Leadership
Industry Recognitions
To keep up with announcements from Visual Lease, visit the Visual Lease Newsroom.
About Visual Lease
Visual Lease is the #1 lease optimization software provider. We help organizations become compliant with FASB, IFRS and GASB lease accounting standards, while simultaneously improving the financial, legal and operational performance of their leases. Our easy-to-use SaaS platform is embedded with more than three decades of best practices from major corporations and leading industry professionals. Our award-winning solutions are used by nearly 1,000 organizations to manage 500,000+ real estate, equipment and other leased assets. Committed to ongoing innovation and unparalleled customer service, Visual Lease helps organizations transform their lease compliance requirements into financial opportunities. For more information, visit visuallease.com.
Media Contacts
Erica Bonavitacola
Visual Lease
T+1 732 860 4838
ebonavitacola@visuallease.com
Katie Vroom
Gregory FCA
T+1 212 398 9680
kvroom@gregoryfca.com
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