Visual Lease Strengths, Domain Expertise, and Key Differentiators
Visual Lease is a global leader in helping companies manage, analyze and report on their leased asset portfolio - including real estate, equipment and more. Their cloud-based SaaS platform is relied upon by a community of 700+ corporations, retailers, hospitals and institutions. Platform trusted by finance, accounting, and real estate teams to be a single source of truth for complex portfolios. The robust solution integrates with all major accounting and resource planning systems with critical features such as FASB/IASB accounting modules.
Visual Lease Recent Developments
In October 2017, Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, has entered into a preferred vendor agreement with Visual Lease, a cloud-based technology that helps companies manage their lease portfolio in real time. Grant Thornton’s lease transformation services clients now have access to the Visual Lease platform. This enables organizations to import lease information directly from Grant Thornton’s cloud-based lease information repository, known as LeaseX, into Visual Lease’s cloud-based lease management and accounting software. Grant Thornton’s LeaseX offering is an ASC 842 readiness assessment tool that integrates with market-wide lease software.
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 Overview
Ownership: - Growth Street Partners
Number of Employees: 120
Functional Markets: ERP Financial Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Visual Lease Key Enterprise and Cloud Applications
Visual Lease’s Cloud-based Lease Accounting
Visual Lease Revenues, $M:
|Type/Year||2018||2019||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.
Visual Lease Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Visual Lease Enterprise Applications Revenues By Functional Markets, $M:
Visual Lease Enterprise Applications Revenues By Verticals, $M:
Visual Lease Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Visual Lease Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Visual Lease Customers - Breakdown by Geo, Size, Vertical and Product
No. of Visual Lease Customers: 700
No. of Visual Lease Enterprise Applications Customers: 700
No. of Visual Lease Cloud Customers: 700
No. of Visual Lease Cloud Subscribers: x
More than 700 corporations, retailers, hospitals and institutions have relied on their SaaS platform. Its customers are Weatherford International, Mount Sinai, LifeLabs, Affinity Health Plan, Montefiore, Cottage Health, American Rental and many others.
Visual Lease Market Opportunities, M&A and Geo Expansions
Visual Lease has experienced significant growth and expansion in the past two years – growing revenue by 172 percent in 2018 and an additional 85 percent in 2019 – and as a result, its workforce tripled in size. The company expects to continue its growth trajectory in the year ahead and will continue offering engaging programs and unique benefits to further build its team of experts to meet growing customer demand.
In April 2018, Visual Lease received a minority growth equity investment from Growth Street Partners to accelerate the company's growth.
Visual Lease Risks and Challenges
Visual Lease gains market share.
Visual Lease Ecosystem, Partners, Resellers and SI
In November 2019, Visual Lease partnered with RSM US LLP (RSM) – the leading provider of audit, tax, and consulting services focused on the middle market. The partnership will make Visual Lease's industry-leading software readily available to current and future RSM clients as they work to comply with new ASC 842, IFRS 16, and GASB 87 accounting standards.
Visual Lease has a partnership with tech companies for integrations with more than 50 GL/ERP platforms such as: Oracle, SAP, Microsoft, Peoplesoft, Netsuite and other. Visual Lease has OEM partnership with iOFFICE asset management software.
Visual Lease Cloud Infrastructure Insights
Subscribe to read more about:
- Visual Lease Public Cloud and Infrastructure (IaaS)
- Visual Lease Platform (PaaS)
- Visual Lease Application Delivery
- Visual Lease 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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