What Visual Lease does

Visual Lease is an enterprise SaaS company specializing in lease management and lease accounting compliance software for organizations with complex lease portfolios. Founded in 1995 (per firmographic data) and headquartered in the United States, the company serves approximately 1,500 customers including Fortune 500 enterprises across industries such as retail, manufacturing, healthcare, transportation, financial services, and government. Its core VL Platform centralizes lease portfolio data, automates lease accounting calculations, and supports compliance with FASB ASC 842, IFRS 16, GASB 87, and GASB 96 standards through automated journal entries, financial disclosures, and over 100 standard and ad-hoc reports. In June 2025, Visual Lease was acquired by CoStar Group (NASDAQ: CSGP), the world's largest real estate information and marketplace operator, which has continued to invest significantly in the platform.

The platform's product surface includes the Lease Management Software and Lease Accounting Software core modules, the ESG Steward sustainability reporting module (supporting California SB 253 and SB 261 compliance and emissions tracking), the recently launched AI Lease Abstraction module powered by CoStar's Lease LLM, the Advanced Platform Controls module for internal controls and audit trails, and an Integrations Hub connecting to major ERP systems including SAP, Oracle, Microsoft Dynamics, and NetSuite. Supporting offerings include VL University training, the VL Data Institute research publication arm, and in-house professional services for implementation (typically within 90 days) and ongoing client support. The company holds SOC 1 compliance and maintains G2 Leader badges in Lease Administration and Enterprise Lease Administration categories.

Visual Lease operates a direct enterprise go-to-market motion: a consultative, demo-driven sales process yielding customized enterprise pricing (no public tiers) on annual subscription contracts, supplemented by implementation and professional services. The company cites a 99% annual customer renewal rate and a customer base that includes Starbucks, PayPal, eBay, Wayfair, Harley-Davidson, Molson Coors, Chewy, Avis Budget Group, Toshiba, American Axle & Manufacturing, CURO Financial, MISTRAS, Spotify, and Penn State Health. The company employs 101-250 people and is led by founder and executive chairman Marc Betesh alongside a management team that includes senior practitioners with prior leadership at major accounting firms such as EY.

Name

Visual Lease

Legal name

Visual Lease

Website

https://visuallease.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

Visual Lease is an enterprise SaaS platform that centralizes lease portfolio management and automates lease accounting compliance for 1,500+ organizations, including Fortune 500 companies, under ASC 842, IFRS 16, GASB 87, and GASB 96 standards. A CoStar Group subsidiary since 2025.

Ownership category

akta.pro rank

Product category

Lease Accounting Software

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Lease accounting software
• Lease management platform
• ASC 842 compliance
• Enterprise lease administration
• Sustainability reporting software

Headquarters

HQ city

Woodbridge

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. SaaS Subscription: Visual Lease operates as a cloud-based SaaS platform with subscription-based pricing. The company offers customized pricing based on customer needs, portfolio size and organizational requirements. Professional implementation services are included as part of the customer onboarding.
2. Professional Services: In-house professional services team provides implementation, training and ongoing support. The company emphasizes a full-service approach throughout the entire client lifecycle with dedicated experts delivering tailored services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

Visual Lease provides a cloud-based SaaS platform that centralizes enterprise lease portfolio data and automates lease accounting compliance under ASC 842, IFRS 16, GASB 87, and GASB 96 standards. The platform manages the full lease lifecycle from acquisition to termination, generates automated journal entries and financial disclosures, and integrates with major ERP systems. Add-on modules include ESG/sustainability reporting and AI-powered lease abstraction using CoStar's Lease LLM.

Product overview

Visual Lease is a unified enterprise lease management and accounting software platform that combines lease administration and accounting capabilities into a single solution. The core VL Platform serves as the central system of record, with specialized modules including Lease Management Software, Lease Accounting Software (supporting ASC 842, IFRS 16, GASB 87/96), ESG Steward for sustainability reporting, AI Lease Abstraction powered by CoStar's Lease LLM, Advanced Platform Controls, and Software Integrations (connecting to SAP, Oracle, NetSuite, Microsoft Dynamics). Supporting offerings include VL University training, VL Data Institute research, and professional implementation services.

Differentiator

Problem solved

Functional benefit

Products and services

• VL Platform (Visual Lease Platform) Core enterprise lease management and accounting software platform that unifies lease portfolio data and enables compliance with ASC 842, IFRS 16, GASB 87, and GASB 96 accounting standards; designed for Fortune 500 and large enterprise organizations with complex lease portfolios.
• Lease Management Software Standalone lease management solution that manages the entire lease lifecycle efficiently, from acquisition to termination, ensuring smooth operations and timely renewals for enterprise real estate, fleet, and equipment lease portfolios.
• Lease Accounting Software Standalone lease accounting solution that generates disclosures, journal entries, reports and footnotes to meet lease accounting standards (ASC 842, IFRS 16, GASB 87, GASB 96) for finance and accounting teams in enterprise organizations.
• ESG Steward (Sustainability Reporting) Standalone sustainability reporting solution that tracks and reports on the environmental impact of leased and owned assets, supporting emissions reporting and ESG compliance including California SB 253 and SB 261.
• AI Lease Abstraction Standalone AI-powered lease scanning and abstraction solution powered by CoStar's Lease LLM, providing automated extraction of key terms and data from lease documents for enterprise customers.
• Advanced Platform Controls Standalone solution providing purpose-built controls for real estate, equipment and emissions management workflows, supporting internal controls, approval workflows, segregation of duties, audit trail, and audit compliance.
• Implementation Services In-house professional services team delivers platform implementation, training, and ongoing support with a stated goal of getting customers up and running in 90 days or less; bundled into enterprise onboarding.

Quantifiable outcome

• 99% annual customer renewal rate
• +5 more outcomes

Named customers15 records

Segments10 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature7 records

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• LeaseAccelerator (Tango Lease): Tango Lease (formerly LeaseAccelerator) is the most direct competitor to Visual Lease — both are pure-play SaaS platforms purpose-built for ASC 842/IFRS 16 lease accounting and lease portfolio management targeting enterprise customers. It competes head-to-head for the same Fortune 500 finance and real estate buyers.
• Nakisa: Nakisa is a SaaS provider of lease accounting and real estate management software, with similar ASC 842 and IFRS 16 compliance focus and enterprise customer base. It directly overlaps Visual Lease on lease accounting workflows and global multi-standard support.
• PowerPlan: PowerPlan provides lease accounting software for enterprises including regulated utilities and large corporates. It directly competes with Visual Lease for ASC 842 compliance, fixed-asset accounting, and complex multi-entity lease portfolios.
• Spacewell (Workplace): Spacewell offers a workplace and lease management SaaS platform with similar compliance and lease lifecycle capabilities. It directly competes with Visual Lease in the European and global enterprise market for IWMS and lease administration.

Broad incumbents

• MRI Software: MRI Software is a broader real estate and property management software suite with lease accounting capabilities. While it overlaps Visual Lease on real estate lease management, its portfolio extends across property management, accounting, and analytics for CRE operators.
• Yardi Systems: Yardi is a dominant CRE software platform offering property management, accounting, and lease administration. It overlaps Visual Lease on real estate lease tracking but is a broader platform serving asset managers and property operators.
• SAP (REFX / SAP S/4HANA Lease Accounting): SAP offers native lease accounting within its ERP suite (REFX and S/4HANA). As Visual Lease's largest ERP integration partner, SAP represents both a channel and a competitive threat as more customers adopt SAP's bundled lease accounting.
• Oracle Lease Management (Fusion): Oracle's Fusion ERP includes lease accounting capabilities under ASC 842/IFRS 16. Oracle is both an integration partner for Visual Lease and a bundled-lease competitor for enterprise customers standardizing on Oracle Cloud.
• RealPage: RealPage is a broad real estate operations software platform with lease management modules. While it overlaps Visual Lease on real estate lease tracking, it primarily serves multifamily and CRE operators rather than Fortune 500 lease accounting buyers.

Emerging players

• Accruent (Fortive): Accruent, now part of Fortive, provides lease and asset management software including ASC 842 solutions. It overlaps with Visual Lease on equipment and real estate lease accounting for enterprise customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/visuallease
• LinkedInlinkedin.com/company/visual-lease
• Facebookfacebook.com/leasemanagementsoftware

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Visual Lease