Visual Lease

Pros: It's very easy to use on a daily basis..

Cons: Sometimes it can be confusing to use day to day.

Pros: This tool is an option for the lease management

Cons: The customization and creation of the AP Feed

Pros: The bulk upload feature is a real time saver, particularly when you have a lot of leases to include.

Cons: Perhaps it could have a better filtering functionality.

Pros: easy to use with very good navigation within software

Cons: reporting and training is difficult; please get another speaker

Pros: Visual Lease helps my team keep track of all current leases and takes away the manual time and effort it takes to create ASC 842 lease accounting schedules. Additionally, it makes my life in the financial reporting capacity easier by pulling together my disclosures for me.

Cons: We are currently working through issues with connecting Visual Lease with our ERP.

Pros: Visual Lease was already in place when I joined the accounting team. Thus far, it has satisfied our lease accounting needs.

Cons: As a new user without any training, I found the reporting functionalities confusing and less than intuitive.

Pros: Visual Lease is easy to use to review and confirm any information about a lease in one place - address, landlord, important dates, all the related documents, and even common names that my client uses to identify the lease internally.

Cons: I had a hard time (and still do) with the report feature. After a couple of years, I accidentally figured out what I needed. Before that, I had the administrator run reports.

Pros: Reporting, accounting and compliance management features provided by Visual Leases are critical for my company's global lease management, compliance with GAAP & IFRS standards, financial statement and disclosure note preparation, and maintaining lease key dates.

Cons: The document management feature does not allow for all lease files to be uploaded and we have to post a file path to an offline location for those leases.

Pros: Reporting for accounting and AP feed for journal entries.

Cons: Difficult at first to learn. Had difficulties with contacts set up as payors and when the property sold there is a certain order to follow; otherwise, you are updating the new contact as the previous contact and losing the history.

Pros: Visual Lease makes Lease and Asset Management simple and easy to Administer.

Cons: Visual Lease is pretty versatile and there wasn't much I can say to improve it.

Pros: This product is user friendly, I have never experienced an outage to the site or slow performance as I have with other products.

Cons: My only wish is that we could customize more fields.

Pros: The ease of use when adding leases to visual lease and downloading the amortization schedules and Journal Entries each month.

Cons: Using CAD leases mixed with USD leases on the reports doesn't always convert correctly.

Pros: Easy to setup leases and users and also the management of both. Its very intuitive for the ones whos using lease management software for the first time.

Cons: I have yet to come across something which I don't like about.

Pros: Ease of use for reporting purposes. Accuracy with several currencies. Easy to add people and manage the listing. Easy to add/modify leases

Cons: During the 10K reporting, there were issues which were reported to the customer support but we didnt get a timely response and issue made us wary of the deadlines.

Pros: The interface is easy to follow and it's not a difficult program to learn/navigate.

Cons: The reporting is lacking in capability, ease of use, and reliability.

Pros: I like how you can upload documents into Visual Lease and then the lease abstraction team can flag the important terms.

Cons: I am very happy with customer support, but I would have liked the system to do more explaining of the amounts that are calculated.

Pros: Very easy to use and the information and reports generated are able to be exported in a ready-to-use format without any need for changes

Cons: The product does not support lessor accounting

Pros: The social media-esque nature of the software is great because many participants can come in here and track what is going on globally in our office portfolio.

Cons: Everything was seamless -- especially for the capacity in which Visual Lease was designed for.

Pros: Ease of use, organization of leases, automated monthly entries

Cons: Required updates for complex situations as they were not available in the out-of-box system --- that said, updates were released for all users of the platform

Pros: Disclosure simplicity processing journals be came vey easy

Cons: Nothing I am still finding it user friendly

Pros: easy access to functional reports, easy to adjust or modify the leases

Cons: In most cases website is running and updating really slow

Pros: All the data that can be integrated in one system

Cons: Exactly my cons were in concern with the people in my company- integration is one most. We hope to have that with the new implementation