Lease Harbor Strengths, Domain Expertise, and Key Differentiators
The Lease Harbor system comprises three robust and seamlessly integrated areas of functionality:
1. Lease Accounting: Offering comprehensive end-to-end lease accounting capabilities, this feature empowers companies to efficiently manage accounting tasks across the entire lifecycle of a lease.
2. Data Management and Lease Administration: Providing sophisticated data management and lease administration functionalities, this aspect enables effective tracking and management of leases, real property, and diverse assets, including equipment and vehicles.
3. Task Management and Workflow: Leveraging advanced task management and workflow functionalities, this component empowers companies to optimize day-to-day productivity for individuals and groups through streamlined task assignments and template-driven processes.
Lease Harbor Recent Developments
Lease Harbor has successfully introduced its latest innovation, the Apex System, revolutionizing lease accounting solutions. Distinguished as the first of its kind, Apex addresses the entire lifecycle of a lease, efficiently accommodating ongoing changes within the portfolio over time.
With Apex, users gain access to a comprehensive suite of functionalities, empowering them to effectively manage real estate transactions, seamlessly transfer transaction data to the finalized lease commitment, calculate present values, generate amortization schedules, and export journal entries, including adjusting entries arising from re-measurement, impairment, or late/inaccurate base data.
What sets Apex apart from its competitors is its tangible functionality, as it is fully operational, not merely a conceptual roadmap. Designed from the ground up with an all-new architecture, Apex stands as a testament to Lease Harbor's commitment to providing a modern, high-performance solution to meet the dynamic demands of lease accounting.
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: 45
Functional Markets: ERP Financial, ERP Services and Operations,
Key Verticals: Automotive, Banking and Financial Services, Real Estate, Distribution, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Faith-Based Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Lease Harbor Key Enterprise and Cloud Applications
Apex, Harbor Flex
Lease Harbor Revenues, $M:
| Type/Year | 2022 | 2023 | 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 | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 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
| Region | 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: 850
No. of Lease Harbor Enterprise Applications Customers: 850
No. of Lease Harbor Cloud Customers: x
No. of Lease Harbor Cloud Subscribers: x
Lease Harbor boasts an extensive clientele, having successfully served over 1800 clients with an impressive average tenure of at least 10 years, reflecting their ability to foster long-term, trust-based relationships. Furthermore, the company proudly maintains an exceptional 99% retention rate, indicative of their dedication to customer satisfaction and service excellence. Noteworthy clients among their distinguished portfolio include: The Geo Group Inc, Profesional Banner Health, Uber, Tripadvisor, Professional Physical Therapy, and Children's Hospital of Wisconsin, among other esteemed organizations.
Lease Harbor Market Opportunities, M&A and Geo Expansions
Lease Harbor is dedicated to optimizing the cost-competitiveness of its product, firmly believing that its system provides unparalleled value compared to similar services available in the market. This strategic approach underscores their commitment to attracting and persuading clients to choose their offerings, reflecting a well-considered and effective business strategy to stay ahead in a competitive landscape.
Lease Harbor Risks and Challenges
Lease Harbor has exhibited steady, moderate growth. However, its predominant focus on the US market has constrained its ability to acquire new clients significantly. The present market landscape appears to have reached its saturation point, necessitating a strategic shift towards global expansion as the key pathway for sustained growth and enhanced market reach. Adopting a global mindset will enable Lease Harbor to tap into untapped markets and capitalize on new opportunities, fostering long-term success and competitiveness in the dynamic business environment.
Lease Harbor Ecosystem, Partners, Resellers and SI
In 2021, Lease Harbor forged a strategic alliance with Real Clear Software, aimed at delivering a bespoke solution tailored to cater to the unique requirements of real estate strategies. This collaborative partnership signifies Lease Harbor's commitment to providing cutting-edge, industry-specific solutions through a synergistic approach with a renowned industry player like Real Clear Software.
Lease Harbor Cloud Infrastructure Insights
Subscribe to read more about:
- Lease Harbor Public Cloud and Infrastructure (IaaS)
- Lease Harbor Platform (PaaS)
- Lease Harbor Application Delivery
- Lease Harbor Private Cloud and Data Centers
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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