Take control of your leases and take charge of change. We’ve helped more than 100 retail and hospitality companies achieve confident ongoing ASC 842 and IFRS 16 compliance with ease.
Retail, restaurants, and hospitality companies rely on Visual Lease
Control your portfolio and maintain ASC and IFRS 16 compliance with ease.
Visual Lease by the numbers
Retail and hospitality customers
Retention
Leases managed
Purpose-built tools for Retail, Restaurants, and Hospitality
Account for every lease in a single subledger
Centralize leased and owned asset financials in a single source of truth, including master leases, subleases, embedded leases and more. Account for expenses like reimbursements and buildouts and reconcile CAM/OpEx payments all in one place.
Flexible, retail-ready configurations
Set up the system for your unique needs, including variable period calendars (4-4-5, 4-5-4- and 5-5-4, and 13-month) customizable fields, configurable internal controls, multiple allocations and unlimited currencies.
Robust reporting for compliance with confidence and insights in plain sight
Surface actionable cost-savings and simplify disclosures and month-end close.
Leverage robust audit-ready standard reports or run reports on the fly with a powerful reporting engine.
Maintain controls and auditability through every change
Manage modifications with complete remeasurements and transparent calculations backed by a bi-annual SOC I Type enforce internal controls with configurable approvals and a complete audit trail.
Stay ahead of what’s ahead
Establish your ESG baseline in half the time with carbon accounting, ESG reporting and sustainability management tools.
Track energy, water, waste and biodiversity data for leased and owned assets, upload supporting documents, create a complete emissions inventory, and generate reports in compliance with GRI, ISSB, TCFD, EFRAG and the Greenhouse Gas Protocol.
Easy configuration & deployment
Intelligent uploads & integrations
Bulk upload templates automatically adjust to your system settings and catch potential errors before they can cause problems. Our integrations make it easy to pull in activity data, automatically.
Guided implementation
Every customer gets dedicated attention from an in-house expert to set up your system, your controls, and your data for long-term success.
Expert support at no extra cost
You’ll never get nickel-and-dimed for service. Our all-inclusive support model includes a dedicated account team and access to support resources to help you get the most from your system – and keep you moving forward.
On-demand training & CPE credits
VL is easy to use, and complete system trainings and how-to guides are available on demand. Free best-practice trainings for CPE credit are offered throughout the year.
Why retail companies love Visual Lease
Dru Ingram
VP, Corporate Controller at Bassett Furniture