Lease Harbor Strengths, Domain Expertise, and Key Differentiators
The Lease Harbor system is composed of three full-featured, fully-integrated areas of functionality: 1. Lease Accounting: end-to-end lease accounting functionality which allows companies to handle accounting throughout the entire life cycle of a lease; 2. Data Management and Lease Administration: data management and lease administration functionality provides the ability to track and manage leases, real property, and other assets (such as equipment and vehicles);, and 3. Task Management and Workflow: task management and workflow functionality enables companies to maximize day-to-day personal and group productivity through the use of tasks and template driven processes.
Lease Harbor Recent Developments
Lease Harbor developed their new Apex System. Apex is the first lease accounting solution that handles accounting throughout the entire life cycle of a lease, including the impact of ongoing changes to the portfolio that occur over time.
Apex allows users to effectively manage real estate transactions, transfer transaction data to the finalized lease commitment, calculate present values, generate amortization schedules, and calculate/export journal entries as well as the adjusting entries resulting from re-measurement, impairment, or late or inaccurately entered base data. Unlike many competing software systems, Apex is working software, not just a roadmap. Apex is built from the ground-up on an all-new architecture.
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
Ownership: - x
Number of Employees: 45
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||2020||2021||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:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
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||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Lease Harbor Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Lease Harbor Customers - Breakdown by Geo, Size, Vertical and Product
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 has served over 1800 clients with an average tenure of at least 10 years and a 99% retention rate. Some of theirs customers are: The Geo Group Inc, Profesional Banner Health, Uber, Tripadvisor, Professional Physical Therapy, Children's Hospital of Wisconsin, among others.
Lease Harbor Market Opportunities, M&A and Geo Expansions
Lease Harbor aims to make its product as cost-competitive as possible and believe its system offers the best value relative to comparable services. This is a sound business strategy to sway clients in your direction.
Lease Harbor Risks and Challenges
The growth of Lease Harbor is moderate, the business's heavy focus on the US market had made it very limited when it comes to acquiring new clients. It feels like they reached the limits of the current market and that the only way out is thinking globally.
Lease Harbor Ecosystem, Partners, Resellers and SI
In 2021, Lease Harbor entered into a strategic partnership with Real Clear Software. This partnership was made to povide a tailor-made solution for real estate strategies.
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
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).
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