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Visual Lease Pros and Cons: Top 5 Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users find Visual Lease to have a user-friendly interface, making lease management a straightforward and efficient process. (72 mentions)
Users value the intuitive and user-friendly interface of Visual Lease, simplifying lease management and ensuring compliance. (46 mentions)
Users value the easy-to-use reporting features of Visual Lease, appreciating the convenience and simplicity of monthly downloads. (31 mentions)
Users value the responsive customer support of Visual Lease, enhancing their overall experience and ease of use. (29 mentions)
Users find Visual Lease's intuitive interface and strong compliance support make lease management simple and efficient. (28 mentions)
Users find the inadequate reporting of archived leases limits their ability to manage their lease portfolios effectively. (25 mentions)
Users find lease management processes complex and experience challenges with reporting, performance, and data extraction. (22 mentions)
Users find the missing features in Visual Lease limit functionality and complicate lease management and reporting. (22 mentions)
Users are frustrated by poor reporting that excludes archived leases, complicating year-end financial assessments. (18 mentions)
Users experience a steep learning curve with Visual Lease, finding setup and customization quite complex and time-consuming. (15 mentions)

5 Pros or Advantages of Visual Lease

5 Cons or Disadvantages of Visual Lease

Visual Lease Reviews (385)

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Visual Lease Reviews (385)

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4.4
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Floyd R.
FR
Floyd R.
Manager, Leases & Transactions
Enterprise (> 1000 emp.)
"Great Software that is Highly Capable"
4.5/5
What do you like best about Visual Lease?

I like the ease of use that Visual Lease provides. The navigation tabs allow me to easily access the lease data I need, whether it is financial entries or pulling up documents to be viewed. It is also easy to manage users in the Administrator portal. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

There's not much about Visual Lease that I don't like. However, I feel that the Financial screens could be better laid out as far as the payment schedules, etc. Review collected by and hosted on G2.com.

Response from Erica Bonavitacola of Visual Lease

Hi there, thank you for taking the time to share your feedback. You'll be pleased to hear that we are in the process of refreshing our UI to further enhance our overall user experience.

If you have any additional thoughts or input on the matter, we'd love to hear it! Please feel free to reach out to Cori at @cgoldstein@visuallease.com.

MK
Mohit K.
Senior Accountant
Mid-Market (51-1000 emp.)
"Powerful, Reliable Lease Accounting for Complex Portfolios"
4.5/5
What do you like best about Visual Lease?

Visual Lease is a strong lease accounting platform that’s best suited for mid-to-large organizations managing complex portfolios.

UI/UX: The interface is functional and data-rich, but it isn’t very intuitive at first. There’s a noticeable learning curve, especially for new users.

Integrations: It integrates well with major ERP systems, although setup may take extra effort and, in some cases, require customization.

Performance: Overall, it’s reliable and efficient, with occasional slowdowns when working with large datasets.

Pricing / ROI: Pricing is on the premium side, but it can deliver solid ROI through compliance support, automation, and reduced manual work.

Support / Onboarding: The support team is responsive. Onboarding can be time-intensive, depending on the complexity of your environment and portfolio.

AI / Intelligence: The AI capabilities are helpful for tasks like data extraction and surfacing insights, but they still feel more assistive than truly advanced. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

It can be a bit tricky to navigate and interact with the UI, especially for new users. It takes time and training to become comfortable with it. Accessing and navigating archived data is also difficult. In addition, fetching Visual Lease reports in the reporting currency (converted from the local currencies of different leases) sometimes doesn’t work. Review collected by and hosted on G2.com.

BW
Bruno W.
Asset Manager
Real Estate
Small-Business (50 or fewer emp.)
"Streamlined Lease Management with Minor Hiccups"
4/5
What do you like best about Visual Lease?

I like how Visual Lease takes the chaos out of managing a stack of leases by keeping everything in one place rather than in scattered files. The automatic calculations really spare me from a lot of manual work and potential slip-ups. I have a clear view of what each lease costs us and deadlines that are coming up, which helps me make sharper decisions. I appreciate how it neatly organizes all leases into one always-current system, automating ASC 842 and IFRS 16 calculations and disclosures. The dashboards are really useful for pulling up the whole portfolio to see costs and upcoming dates at a glance. The audit-ready records mean I’m not scrambling to justify numbers to finance. Plus, how it flags critical lease dates ahead of time helps me act with leverage on renewals or renegotiations. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

It took me a while to find my feet with it, and the setup was heavier going than I'd bargained for. The interface can be clunky in spots, and once I'm digging through a larger portfolio it starts to drag. Anything beyond the basics tends to mean leaning on their support team rather than sorting it myself, and the reports don't always bend the way I want when I'm after a particular cut of the data. Tying it into our other systems took more elbow grease than I'd have liked too. Review collected by and hosted on G2.com.

GB
Gaston B.
Senior Manager
Logistics and Supply Chain
Small-Business (50 or fewer emp.)
"Saves Time and Ensures Accuracy in Lease Accounting"
4/5
What do you like best about Visual Lease?

I appreciate how Visual Lease saves my team countless hours by handling lease accounting flawlessly for all our leases. Its ability to crunch journal entries automatically is indispensable, as it spares us from dealing with error-prone spreadsheets and second-guessing our numbers. I also like that it serves as a comprehensive resource for every lease detail, making information easily accessible. The fact that it's helped us sail through two year-end audits with auditors praising the reporting it produces is a huge testament to its efficiency. Additionally, the amortization schedules and reporting templates provided by Visual Lease are major time-savers. Finally, the audit trail feature is incredibly useful when dealing with external auditors. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

Updates can occasionally feel a bit thorny, but the headache typically traces back to a one-off lease situation rather than the system itself. Review collected by and hosted on G2.com.

Verified User in Commercial Real Estate
IC
Verified User in Commercial Real Estate
Small-Business (50 or fewer emp.)
"Simplifies Lease Accounting with Automation, Accurate Reporting, and Strong Analytics"
4.5/5
What do you like best about Visual Lease?

What I like best about Visual Lease is its ability to simplify lease accounting and compliance through an intuitive platform. It combines automation, accurate reporting, and strong analytics, helping businesses save time and reduce risk. I also appreciate the company’s focus on innovation, customer success, and creating financial management solutions. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

One drawback of Visual Lease is that the platform can feel complex for new users, especially during setup and onboarding. Some features may require additional training to fully utilize, and customization options can occasionally make navigation less intuitive for teams seeking a simpler user experience. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Verified User in Accounting
Enterprise (> 1000 emp.)
"Customizable Reports That Make Data Clear and Decision-Ready"
4.5/5
What do you like best about Visual Lease?

I like the ability to customize the reports. Visual Lease lets me format, organize, and review my company’s data in a way that’s clear and easy to work with. The ability to integrate my company's data into a standardized format allows me to make better business decisions. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

While the ability to customize it to my liking is a big advantage, it also comes with challenges. At times, it has been difficult to locate the right parameters to generate the report I want. Review collected by and hosted on G2.com.

Maria Fernanda O.
MO
Maria Fernanda O.
Analista de Dados Contratuais
Mid-Market (51-1000 emp.)
"Robust Tool, Challenging Initial Learning"
4/5
What do you like best about Visual Lease?

I use Visual Lease to capture essential data from lease contracts in just one place, such as the address, important dates, options, clauses, and values. What I like the most is the variety of fields for filling out, thus allowing for greater detail of each leased space. Additionally, the alert dates promote efficiency, making it unlikely for important dates to be forgotten. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

The 'expenses' field could be improved, as it would work better if there were a specific stream for each time period, with start date, end date, and value. Additionally, I would like the portal to have a specific field for 'options', with the option to place key dates in just one space and not within the 'clauses' tab. The initial setup of Visual Lease is difficult, being a complex platform to navigate at first, requiring specific training. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Verified User in Accounting
Mid-Market (51-1000 emp.)
"Clear, All-in-One View of Our Leasing Accounts"
5/5
What do you like best about Visual Lease?

It gives me a clear view of all our different leasing accounts in one place, which makes it much easier to stay organized and keep track of everything. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

Visual Lease is generally easy to use, but the interface can feel a bit outdated and some reports require multiple steps to access. Overall, it is a solid tool for lease management and accounting. Review collected by and hosted on G2.com.

NM
Nicole M.
Enterprise (> 1000 emp.)
"Great Implementation - Higher Education Institution"
4.5/5
What do you like best about Visual Lease?

I had a really great experience with our implementation lead, Tim Little, who was very clear in the way he described things and was patient with us. He was very good at anticipating some things we might need and answering questions before we even got there. I also found Visual Lease to be a very good system, with a cleaner setup compared to the system we were using previously. As an accountant, I really appreciate the lease accounting calculations for their accuracy and the flexibility it provides to help us match the accounting we've had so far. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

I think I really struggled with kind of knowing how to use the reports and whatnot. Something that could be a little bit better is the way that the entries are set up. The payments aren't easy to follow. We hired a third party to load in the leases and it did not go smoothly. They didn't do a great job. Review collected by and hosted on G2.com.

Verified User in Real Estate
UR
Verified User in Real Estate
Enterprise (> 1000 emp.)
"Visual Lease: Practical, Intuitive, and Worth the Investment"
5/5
What do you like best about Visual Lease?

It’s an extremely practical tool, efficient and reliable, especially when it comes to more detailed aspects, such as clauses. The fact that everything is of easy access and available on the same platform makes the work day-to-day life much easier. It is very intuitive and getting it set up was smooth. Out of all platforms I have used, it definitely is the one which is more worth the investment. Review collected by and hosted on G2.com.

What do you dislike about Visual Lease?

In all honesty, I don’t have any specific criticism of Visual Lease. I’ve become very accustomed to it, and I find it easier to work in than other platforms. Review collected by and hosted on G2.com.