Lease Harbor Strengths, Domain Expertise, and Key Differentiators
The Lease Harbor system consists of three key functionalities. It provides comprehensive lease accounting, enabling companies to manage accounting tasks throughout the lease lifecycle. Additionally, it offers data management and lease administration tools for tracking leases and assets, along with task management and workflow features to improve productivity through streamlined task assignments and processes.
Lease Harbor Recent Developments
Lease Harbor has recently highlighted its leadership in ERP and data integrations in the lease accounting sector, emphasizing its long experience in client ERP integrations. The company also focuses on "Day Two" functionalities, addressing ongoing lease management needs beyond initial implementation. These developments reflect Lease Harbor's commitment to improving its software and maintaining a competitive edge.
Lease Harbor Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Lease Harbor applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Lease Harbor and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Apex, Harbor Flex customers.
Lease Harbor Overview
800 W 5th Ave, Suite 102B
Naperville, IL, 60563, United States
1 312-494-9470
https://www.leaseharbor.com/
Ownership: - x
Number of Employees: 50
Functional Markets: ERP Financial, ERP Services and Operations,
Key Verticals: Banking and Financial Services, Construction and Real Estate, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Professional Services, Retail, Transportation,
Lease Harbor Key Enterprise and Cloud Applications
Apex, Harbor Flex
Lease Harbor Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Lease Harbor Revenue Breakdown By Type, $M:
Lease Harbor Enterprise Applications Revenues By Functional Markets, $M:
Lease Harbor Enterprise Applications Revenues By Verticals, $M:
Lease Harbor Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Lease Harbor Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Lease Harbor Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Lease Harbor Customers
No. of Lease Harbor Customers: 1800
No. of Lease Harbor Enterprise Applications Customers: 1800
No. of Lease Harbor Cloud Customers: 1800
No. of Lease Harbor Cloud Subscribers: x
Lease Harbor has served over 1,800 clients with an average tenure of 10 years, demonstrating their ability to build long-term relationships. The company also maintains a high retention rate of 99%, reflecting a strong focus on customer satisfaction. Notable clients include The Geo Group Inc., Banner Health, Uber, Tripadvisor, Professional Physical Therapy, and Children's Hospital of Wisconsin, among others.
Lease Harbor Market Opportunities, M&A and Geo Expansions
Lease Harbor focuses on optimizing the cost-effectiveness of its product, aiming to offer competitive value compared to other services in the market. This strategy highlights their commitment to attracting clients and maintaining a strong position in a competitive industry.
Lease Harbor Risks and Challenges
Lease Harbor has experienced steady, moderate growth, but its primary focus on the US market has limited its ability to acquire new clients. The current market appears to be approaching saturation, suggesting that expanding globally could be a key strategy for continued growth and broader market reach. A global approach would allow Lease Harbor to explore untapped markets and seize new opportunities, supporting long-term success and competitiveness.
Lease Harbor Ecosystem, Partners, Resellers and SI
Lease Harbor offers a comprehensive ecosystem with three key functionalities: lease accounting, data management and lease administration, and task management and workflow. The platform ensures compliance with standards like ASC 842 and IFRS 16, and integrates with major ERP systems such as Oracle, SAP, and Workday. Serving over 1,800 organizations, Lease Harbor supports businesses with diverse lease portfolios, ranging from 100 to 40,000 accounts.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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