Visual Lease
By Visual Lease
Visual Lease is a leading provider of lease management and accounting software, designed to help organizations manage their lease portfolios efficiently. The platform offers robust solutions for lease accounting, abstraction, and management, ensuring compliance with standards like ASC 842, IFRS 16, and GASB 87. Headquartered in Woodbridge, New Jersey, Visual Lease serves a diverse range of industries including construction, healthcare, retail, and transportation.
Visual Lease was founded in 1995 by Marc Betesh. Under his leadership, the company has grown significantly, expanding its customer base to over 1,500 organizations worldwide. The company has maintained a strong growth trajectory, driven by its commitment to innovation and customer-centric solutions.
Visual Lease has raised significant funding to support its growth and expansion. The company secured a major investment from Spectrum Equity in 2019, which has been instrumental in fueling its rapid expansion in sales, marketing, product development, and engineering .
Visual Lease offers a comprehensive suite of products designed to streamline lease management and accounting:
Visual Lease has continuously expanded its product offerings and capabilities. In 2023, the company launched VL ESG Steward™, a carbon accounting and ESG reporting solution designed to track and report on the environmental impact of an organization’s asset portfolio. This expansion reflects Visual Lease’s commitment to addressing emerging business needs and regulatory requirements.
Recent enhancements to Visual Lease include an updated user interface to improve efficiency and reduce load times, as well as new functionalities like variable period calendars and enhanced fund accounting. These updates demonstrate the company’s dedication to continuous improvement and customer satisfaction.
Visual Lease prides itself on a strong company culture centered around six core values: innovation, excellence, ownership, adaptability, poise, and care. The company fosters a collaborative and high-performing environment, with a focus on listening, learning, and growth. Visual Lease also emphasizes work-life balance, offering comprehensive benefits and professional development opportunities.
Visual Lease serves a diverse and growing user base, with over 1,500 companies relying on its platform for lease management and accounting11. The company has received positive feedback for its user-friendly interface, robust features, and excellent customer support. Visual Lease maintains a strong community through regular customer advisory board meetings and continuous engagement with its users.
