Visual Lease Strengths, Domain Expertise, and Key Differentiators
Visual Lease is a lease optimization software provider. It helps organizations become compliant with FASB, IFRS and GASB lease accounting standards, while simultaneously improving the financial, legal and operational performance of their leases. Its easy-to-use SaaS platform is embedded with more than three decades of best practices from major corporations and leading industry professionals.
Visual Lease Recent Developments
In December 2020, Visual Lease announced the launch of its Integrations Hub, offering flexible, open platform access to third-party applications. The Visual Lease Integrations Hub enables users to automate the exchange of data across ERPs, Business Intelligence (BI) tools and other systems of record to streamline the delivery critical, time-sensitive business insights. The solution also empowers developers, providing open access to powerful, pre-built system connections and a dashboard to monitor integration performance in real time.
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: 180
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K409, 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, Special Cause Nonprofit, Oil and Gas, Chemicals, 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||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.
Visual Lease 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%|
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||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 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: 1000
No. of Visual Lease Enterprise Applications Customers: 1000
No. of Visual Lease Cloud Customers: 800
No. of Visual Lease Cloud Subscribers: x
More than 800 corporations, retailers, hospitals and institutions have relied on Visual Lease to achieve and sustain lease accounting compliance. Its customers are Weatherford International, Mount Sinai, LifeLabs, Affinity Health Plan, Montefiore, Cottage Health, American Rental, Spotify, PayPal, NYU, Planet Fitness, Arizona State University, Molson Coors, NRG, Red Bull, Hershey's and many others.
Visual Lease Market Opportunities, M&A and Geo Expansions
Over than the last three years (2017 – 2020), Visual Lease’s revenue grew by 453 percent. For four straight years (2017 – 2021), Visual Lease has experienced double-digit growth. The company has been named among the top 20% of high-growth private companies in the U.S. on the Inc. 5000 for that last two years.
Visual Lease Risks and Challenges
Visual Lease gains market share.
Visual Lease Ecosystem, Partners, Resellers and SI
Visual Lease has three primary types of Alliance Partnerships: Accounting Firms - The benefit of these partnerships is that we mutually refer clients to one another. Our solutions help their customers be better prepared for their annual audits; Managed Services - The benefit of these partnerships is that we mutually refer clients to one another. These organizations help many of our larger customers with their search for and implementation of the right solution to ensure they can achieve and maintain effective lease accounting compliance; Brokerage Partners - The benefit of these partnerships is that we mutually refer clients to one another. Their landscape involves interfacing with companies that have larger CRE portfolios and therefore a need for lease management and accounting solutions.
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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