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Services

Abstraction A summary of important aspects of a lease used to manage leases

Accounting Support Accounting advisory, transition management and controls

Contract Management Ongoing management of their lease contracts

Data Management Storing and updating lease data as needed

Lease Administration A catchall for lease services that may include day-to-day management, strategic planning, portfolio optimization, reporting and financial reporting compliance support

Lease Audit Review of leases to ensure invoice expenses are accurate

Payable Management and Payment Also known as Rent Processing or Payment services, it ensures lease invoices are accurate and payments are optimized

Portfolio Reporting and Analytics A broad term to capture reports that alert lessees to important dates or needed actions as well as reports to support accounting or decision-making activities

Receivable Management, Billing and Collection Ensure leases are invoiced and rents are collected

Space Management Receivable Management

System Evaluation Assistance to select a lease administration and/or accounting systems

System Implementation Assistance to implement a lease administration and/or accounting system

Technical Accounting Services Accounting services that address more advanced or complex accounting issues typically around financial reporting, compliance and controls

Transition Management Assistance in transition to a new lease system or accounting standard

Partner Type

Implementation (premium) Has completed a large volume of Visual Lease implementations

Implementation (standard) Has implemented Visual Lease

Managed Services Offers lease administration and/or lease accounting services

Referral Is knowledgeable about lease software and refers clients based on their needs

Reseller Authorized to resell Visual Lease

Technology/Integration Partners with Visual Lease to enable the exchange of data with a third-party system

Standards

FASB Financial Accounting Standards Board

GASB Governmental Accounting Standards Board

IFRS International Financial Reporting Standards

Entity Type

Government Organizations (SLED) State, local and education government agencies

Non-Profit Organizations Tax-exempt organizations

Private Corporations Non-publicly traded companies

Public Corporations Publicly traded companies

Grant Thornton

Grant Thornton LLP (Grant Thornton) is one of America’s largest audit, tax and advisory firms — and the U.S. member firm of the Grant Thornton International Ltd global network.

Featured Accounting Partners

Featured Real Estate and Equipment Partners

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