Visual Lease Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Visual Lease Strengths, Domain Expertise, and Key Differentiators

Visual Lease supports organizations in maintaining compliance with critical lease accounting standards, including FASB, IFRS, and GASB. Its advanced SaaS platform is designed to simplify complex lease administration tasks while enhancing financial, legal, and operational lease performance. With a user-friendly interface, the solution streamlines adherence to regulatory requirements. Backed by more than 30 years of industry experience and insights from leading enterprises and experts, Visual Lease provides a comprehensive and adaptable toolset to meet the varied needs of modern businesses.

Visual Lease Recent Developments

In late 2024, CoStar Group acquired Visual Lease, a company known for its lease management software. The deal, valued at around $270 million, was finalized on November 1, 2024, and is expected to benefit CoStar’s earnings in 2025. This acquisition is intended to strengthen CoStar's Real Estate Manager business by adding more lease management and accounting features for companies of various sizes. By integrating Visual Lease’s platform, CoStar aims to offer a more complete service for managing both leased and owned assets. Combining CoStar’s industry knowledge with Visual Lease’s customer base and expertise in lease management and sustainability solutions is expected to help the company expand and grow both in the U.S. and internationally.

Visual Lease Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Visual Lease 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 Visual Lease 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 Visual Lease’s Cloud-based Lease Accounting customers.

Visual Lease Key Enterprise and Cloud Applications

Visual Lease’s Cloud-based Lease Accounting

Visual Lease Revenues, $M:

Visual Lease Revenue Breakdown By Type, $M:

Visual Lease Enterprise Applications Revenues By Functional Markets, $M:

Visual Lease Enterprise Applications Revenues By Verticals, $M:

Visual Lease Revenues By Region, $M

Visual Lease Direct vs Indirect sales

Visual Lease Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Visual Lease Customers

No. of Visual Lease Customers: 1500

No. of Visual Lease Enterprise Applications Customers: 1500

No. of Visual Lease Cloud Customers: 800

No. of Visual Lease Cloud Subscribers: x

Visual Lease serves a diverse and expansive clientele, encompassing over 1,500 organizations globally across sectors such as business services, construction, healthcare, manufacturing, and retail. Notable clients include Mount Sinai, One Medical, and Penn State Health in the healthcare sector; Apex Tool Group and MISTRAS in manufacturing; and financial institutions like CURO Group Holdings Corp. The platform also supports higher education institutions such as Arizona State University and New York University, as well as retail companies like Batteries Plus Bulbs and McGrath RentCorp. This broad customer base reflects Visual Lease's adaptability in addressing complex lease portfolios and compliance requirements across various industries.

Visual Lease Market Opportunities, M&A and Geo Expansions

As of 2024, Visual Lease is strategically positioned to capitalize on several emerging opportunities in the lease management and accounting software market. The company's sustained double-digit growth in annual recurring revenue and customer acquisition reflects a robust demand for its solutions. The acquisition by CoStar Group in late 2024 is anticipated to enhance Visual Lease's capabilities, providing access to CoStar's extensive resources and potentially expanding its reach in the lease management and accounting software market. Furthermore, the increasing emphasis on Environmental, Social, and Governance (ESG) reporting presents an opportunity for Visual Lease to offer integrated solutions that address both financial and sustainability reporting requirements. The company's recognition in multiple industry reports and its commitment to innovation position it well to meet the evolving needs of organizations seeking comprehensive lease management solutions.

Visual Lease Risks and Challenges

As of 2024, Visual Lease operates in a dynamic lease management software market that presents both opportunities and challenges. A significant risk involves the complexity of integrating lease management software with existing enterprise systems like ERP and CRM platforms. Such integration challenges can lead to data silos and hinder seamless operations. Additionally, the high initial costs associated with implementing and maintaining lease management solutions may deter small to medium-sized enterprises from adoption. Data security and privacy concerns also pose risks, especially as organizations increasingly rely on cloud-based solutions to store sensitive lease information. Furthermore, the rapidly evolving regulatory landscape, including changes in lease accounting standards like ASC 842 and IFRS 16, requires continuous updates to software functionalities to ensure compliance. Intense market competition from established players and new entrants adds pressure on Visual Lease to innovate and maintain its market position. Lastly, economic uncertainties can impact leasing activities, affecting the demand for lease management solutions. Addressing these risks is crucial for Visual Lease to sustain growth and deliver value to its clients.​

Visual Lease Ecosystem, Partners, Resellers and SI

​Visual Lease has cultivated a robust ecosystem through strategic partnerships and integrations, enhancing its lease management and accounting platform's capabilities. The company's Integrations Hub offers flexible, open-platform access to third-party applications, enabling automated data exchanges across Enterprise Resource Planning (ERP) systems, Business Intelligence (BI) tools, and other critical systems. This hub includes features like managed file transfers, a developer portal with a comprehensive REST API library, and real-time monitoring dashboards to ensure data integrity and auditability. In terms of partnerships, Visual Lease has aligned with several organizations to bolster its service offerings. The alliance with Arazzo Solutions combines expertise in lease administration and accounting, providing clients with enhanced capabilities to achieve and maintain lease accounting compliance.

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: