I find Visual Lease valuable as a one-stop solution for lease management. I like the ability to summarize leases by vendors and categories, which is quite useful for my tasks. Additionally, I appreciate the functionalities like API integration with ERP that not many other tools offer. Setting up Visual Lease was pretty easy since many features were available out of the box, and I just needed to load our data to get started. Review collected by and hosted on G2.com.

I wish Visual Lease had automated GL and account postings to SAP ERP without needing a middleware. It would be helpful to have MCP connectors built into Visual Lease so that customers can directly plug into their ERP. Review collected by and hosted on G2.com.

I like best about Visual Lease for its depth and rigor around lease accounting compliance, particularly for ASC 842 .

Purpose-built lease accounting engine. Visual Lease is not a generic contract repository with accounting bolted on. The calculations, amortization schedules, remeasurement logic, and disclosure support are designed specifically for lease accounting standards, which reduces interpretive risk.

Strong audit and control features. The system maintains clear audit trails, version history, and change logs. This is especially valuable during external audits, SOX testing, and internal controls reviews.

Handling of complex lease scenarios. It performs well with modifications, reassessments, partial terminations, CPI-based escalations, and multi-component leases—areas where spreadsheets and lighter tools often break down.

Centralized lease data governance. Legal, real estate, accounting, and FP&A can work off a single source of truth, reducing reconciliation issues and inconsistent assumptions across teams.

Reporting and disclosure support. Standard reports align closely with financial statement and footnote disclosure requirements, which saves time during quarter-end and year-end close. Review collected by and hosted on G2.com.

Visual Lease excels at compliance and audit defensibility, but it often falls short on user experience, agility, and operational ease. Review collected by and hosted on G2.com.

Our company used Visual Lease to centralize and enter all of our lease data, and it has completely streamlined our lease accounting. One of our favorite workflows is loading all of our lease documents and tracking them directly by location—it keeps everything organized and accessible.

The calculation tool for ASC 842 compliance is seamless. It is incredibly easy to run and download our FASB journal entries for lease amortization, interest, and liabilities. On top of a great product, their customer service has been highly responsive and helpful. Plus, their onboarding and training program, Visual Lease University, is excellent and made sure our team was up to speed in no time. Highly recommend! Review collected by and hosted on G2.com.

Nothing to talk about here. All was good. Review collected by and hosted on G2.com.

I use Visual Lease to streamline the lease calculation process, which I couldn't do without its engine. I like the interface because they don't make unnecessary changes, and they take user feedback well to incorporate it into the product. This stability means my end users, who don't use the product often, don't have to relearn the software, which adds value. The software has been really great, and I find the training portal helpful. I rarely need to create support tickets since I can find answers through the support documentation. Review collected by and hosted on G2.com.

When we make a lease modification I occasionally make errors that then are posted to the accounting feed. I wish the system would be more error-proof to prevent making these mistakes. Review collected by and hosted on G2.com.

I like the interface of Visual Lease and how the financials are organized. I appreciate that I can view expenses by month and year, and also by expense group, and it's easily exportable. Review collected by and hosted on G2.com.

Options/Clauses can be a little challenging to find and adjust, and the reporting is a bit difficult to create. When generating reports from scratch, I have to select filters beforehand, whereas I'd prefer to gather my data set first and filter it afterward. Review collected by and hosted on G2.com.

VL is a very good tool to manage portfolio. There are specific fields to make the infomation clear and organized. Review collected by and hosted on G2.com.

Expenses field are not clear, first page of expenses are not explicit as 'Entries'. And VL could improve the manuals about fields and facilities of system. Review collected by and hosted on G2.com.

Visibility to our team, we're not having to share records in an excel file or a shared drive - things can be organized and categorized for speedy review whenever needed. This prevents us from having to have 1 source or designated person for our workflow. Review collected by and hosted on G2.com.

I wish there were more options in the notifications and more custom fields. We have to use a 2nd system to track additional data and notifications to our teams.

It would also be nice if we could whitelist the notifications to come from our domain as many of our teams don't pay attention to the reminders and we have to resend the emails from ourselves. Its still helpful but could be better. Review collected by and hosted on G2.com.

Manage contracts and calculate amounts. It's very convenient and the calculation is accurate Review collected by and hosted on G2.com.

Focus on specific features or experiences that could be improved Review collected by and hosted on G2.com.

I really like how easy it is to search and collect information on specific leases with Visual Lease. The lease breakdowns are particularly helpful for me as an agent. They make it easy to collect all the data I need to research markets and ensure we're on track with market values. I can easily pull all the necessary information to help run comps for our client's requirements, including knowing the square footage, the address, the commencement and expiration date, and a base rent breakdown. Additionally, the initial setup was very easy; our client just created my username and password, and I was able to log in quickly. Review collected by and hosted on G2.com.

No other issues, besides yesterday and today the website had trouble loading. Review collected by and hosted on G2.com.

What I like best about Visual Lease is that it centralizes all lease data in one place and makes compliance with ASC 842 straightforward. The automated calculations, reporting, and audit-ready schedules reduce manual work and help ensure consistency and accuracy across entities. Review collected by and hosted on G2.com.

What I dislike about Visual Lease is that some processes are not very intuitive and require multiple steps for relatively simple changes. Ad-hoc reporting and data extraction can also be limited or time-consuming, often requiring workarounds in Excel. Additionally, system performance and response time can be slow at times, especially when working with large data sets or during peak periods. Review collected by and hosted on G2.com.