tspinelli | Visual Lease https://visuallease.com Lease Software By Lease Professionals Fri, 10 Apr 2026 05:17:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Spicers Case Study – New https://visuallease.com/spicers-case-study-new/ Tue, 16 Jul 2024 15:44:37 +0000 https://visuallease.com/?p=9522

Configuring a platform through their broker to help multiple operating companies.

Spicers logo

Spicers

Configuring a platform through their broker to help multiple operating companies.

Spicers Paper, a leading distributor of fine paper products, has relied on Visual Lease for over five years to efficiently manage and account for their real estate and equipment leases. Spicers Paper previously worked from a manual Excel-based process and transitioned to an efficient and user-friendly system that has significantly improved their lease management.

“We learned about Visual Lease from our real estate broker. When he saw that I was managing all of our lease renewal expiration dates off of a spreadsheet, he said that I really needed to try Visual Lease. At first I was skeptical, but once we dove into it and I saw all of the benefits of Visual Lease, I am a true believer.”

 

Josh Hellon,
Management Accountant & Facilities Manager at Spicers Paper

Since partnering with VL, Spicers has:

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Transformed how they respond to issues and open new offices by leveraging robust reportingcapabilities, allowing for quick and accurate sharing of lease obligations and details.

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Benefited from exceptional support and a smooth implementation process, ensuring the system met their needs and was operational on time.

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Empowered internal and external teams with comprehensive lease information, enabling proactive management of projects and procedures.

The post Spicers Case Study – New first appeared on Visual Lease.]]>
Simpson Strong-Tie Case Study – New https://visuallease.com/simpson-strong-tie-case-study-new/ Mon, 15 Jul 2024 17:42:21 +0000 https://visuallease.com/?p=9549

Evolving to a cloud-based software with compliance in mind.

Simpson Strong-Tie logo

Simpson Strong-Tie

Evolving to a cloud-based software with compliance in mind.

Simpson Strong-Tie, a leading provider of structural building products, uses Visual Lease to manage and account for their lease portfolio, replacing a manual, decentralized process with an efficient, cloud-based tool that meets SEC requirements and provides global accessibility.

The implementation was actually relatively easy. I think we just had to take our list, and for all of the records that we had to record into the system I think it was probably about 2 weeks of QA, validation and getting the system up and running.

 

Franz Riedel,
Financial Reporting Controller at Simpson Strong-Tire

Since partnering with VL, Simpson Strong-Tie has:

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Replaced a manual, spreadsheet-based system with a cloud-based tool that accuracy and compliance with SEC requirements.

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Provided a platform accessible to team members worldwide, enhancing collaboration and efficiency in managing leases.

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Achieved rapid deployment with a two-week project, allowing the team to quickly adopt and benefit from Visual Lease’s robust reporting and management capabilities.

The post Simpson Strong-Tie Case Study – New first appeared on Visual Lease.]]>
Bio-Rad Case Study – New https://visuallease.com/bio-rad-case-study-new/ Mon, 15 Jul 2024 16:39:16 +0000 https://visuallease.com/?p=9547

Leaving Excel behind by using import templates to migrate data.

Bio-Rad Laboratories

Leaving Excel behind by using import templates to migrate data.

Bio-Rad, a global leader in life science research and clinical diagnostics, uses Visual Lease to manage their 146+ global real estate leases, moving from a cumbersome Excel-based process to an efficient and user-friendly system that has made their team’s work more enjoyable and efficient.

“It’s time savings, as far as what we were having to do and having the documents, the contacts, the financials all right there at a click, it makes life really simple. I’m a true believer now.”

 

Ken Skierski,
Global Real Estate Manager at Bio-Rad

Since partnering with VL, Bio-Rad has:

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Attracted to Visual Lease for its intuitive interface, making lease management straightforward and accessible with just a click of a button.

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Benefited from the attentive guidance of the Visual Lease team, ensuring a smooth and well-managed implementation process.

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Transformed their professional lives by making data easily accessible and streamlining their lease management processes.

The post Bio-Rad Case Study – New first appeared on Visual Lease.]]>
Waste Connections Case Study New https://visuallease.com/waste-connections-case-study-new/ Tue, 02 Jul 2024 19:30:11 +0000 https://visuallease.com/?p=9520

Abstracting to save time and money with VL.

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Waste Connections

Gaining 50% more efficiency by using VL as a system of record.

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Waste Connections, a premier provider of waste management services across the US and Canada, leverages Visual Lease to manage over 350 real estate and equipment leases, ensuring accurate financial reporting, streamlined lease management, and efficient compliance with ASC 842 standards.

“We’ve always been very impressed with Visual Lease’s customer service. When time is of the essence, they always provide us with timely results and feedback. We’ve been working with your team for more than 2 years, and they’re always very organized, responsive and on top of any answers we need.”

 

Lauren Tinsley,
Corporate Accounting Manager at Waste Connections

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Since partnering with VL, Waste Connections has:

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Utilized Visual Lease’s powerful standard and ad-hoc reporting to produce accurate financial reports and FASB disclosures.

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Implemented a robust system with user-specific access rights and secure data handling, ensuring reliable lease data management.

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Streamlined the population and ongoing management of complex lease data, saving significant time and resources for the corporate accounting team.

The post Waste Connections Case Study New first appeared on Visual Lease.]]>
One Medical Case Study – New https://visuallease.com/one-medical-case-study-new/ Tue, 02 Jul 2024 19:15:09 +0000 https://visuallease.com/?p=9519

Finding success and support with VL.

one medical logo

One Medical

Finding success and support with VL.

One Medical, a membership-based primary care practice, has utilized Visual Lease for over five years to manage their real estate leases. They transitioned from a manual process with limited visibility to a streamlined and efficient system and procedure.

“If you’re a small to medium size company, or a large company with lots of leases, anything in between – I think Visual Lease is the perfect system for your needs.”

 

Wendy Hirsohn,
Manager, Lease Administration at OneMedical

Since partnering with VL, One Medical has:

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Transformed how they respond to issues and open new offices by leveraging robust reportingcapabilities, allowing for quick and accurate sharing of lease obligations and details.

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Benefited from exceptional support and a smooth implementation process, ensuring the system met their needs and was operational on time.

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Empowered internal and external teams with comprehensive lease information, enabling proactive management of projects and procedures.

The post One Medical Case Study – New first appeared on Visual Lease.]]>
Bassett Furniture Case Study New https://visuallease.com/bassett-furniture-case-study-new/ Tue, 02 Jul 2024 18:55:21 +0000 https://visuallease.com/?p=9518

Gaining 50% more efficiency by using VL as a system of record.

Bassett logo

Bassett Furniture

Gaining 50% more efficiency by using VL as a system of record.

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Bassett Furniture, a public company managing over 400 leases, leverages Visual Lease to streamline ASC 842 compliance and efficiently manage their complex real estate, equipment, and vehicle leases, resulting in more accurate financial reporting and strategic business decisions.

“Just about every lease was impacted by COVID. There was abatement, deferrals – and even free rent for a few months. There were a lot of different scenarios that we had to go through and adjust to reflect what was happening with our lease portfolio. Visual Lease made it really easy to do that.”

 

Dru Ingram,
VP, Corporate Controller at Bassett Furniture

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Since partnering with VL, Bassett Furniture has:

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Consolidated all lease data into a single subledger, enhancing visibility and control for real estate and finance teams.

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Simplified the generation of required journal entries, disclosures, and footnotes with automated processes, ensuring confident FASB compliance.

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Enabled quick adjustments and updates to leases impacted by COVID-19, maintaining accurate and auditable lease records.

The post Bassett Furniture Case Study New first appeared on Visual Lease.]]>
Lake Health Case Study – New https://visuallease.com/lake-health-case-study-new/ Tue, 02 Jul 2024 18:23:43 +0000 https://visuallease.com/?p=9517

Implementing on an accelerated timeline to achieve compliance.

Lake Health logo

Lake Health

Implementing on an accelerated timeline to achieve compliance.

Lake Health, a leading healthcare provider, has leveraged Visual Lease for over six years to manage and account for their leases, utilizing the tool to analyze financial risks and assess upcoming lease obligations while benefiting from the platform’s ease of use and timely implementation support.

“What I like best about Visual Lease is, number one, that their customer service is second-to-none, and secondly their ease of use for myself as well as end-user managers in our other departments is absolutely fantastic.”

 

John Brazofsky,
Financial Analyst at Lake Health

Since partnering with VL, Lake Health has:

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Utilized Visual Lease to effectively analyze financial risks and assess upcoming lease obligations, ensuring proactive lease management.

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Enhanced the efficiency of the finance team and accompanying departments through the platform’s ease of use, simplifying lease management processes.

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Achieved a smooth and timely implementation, meeting their goals with the assistance and support provided by the Visual Lease team.

The post Lake Health Case Study – New first appeared on Visual Lease.]]>
Liberty Global Case Study – New https://visuallease.com/liberty-global-case-study-new/ Tue, 02 Jul 2024 17:47:28 +0000 https://visuallease.com/?p=9516

Meeting complex standards to manage international subsidiaries.

Liberty Global Logo

Liberty Global

Meeting complex standards to manage international subsidiaries.

Liberty Global, one of the world’s largest telecommunications companies, has utilized Visual Lease for over six years to manage and account for their extensive portfolio of 15,000 real estate, equipment, and fleet leases, streamlining compliance with enforced standards and integrating seamlessly with their internal systems.

“We have actually made a savings through consolidating our existing property management tool into Visual Lease, and the fact that we have all leases in the same tool is saving us a ton of time in terms of reporting and standardizing how we do things.”

 

Joel Mackley,
Finance Optimization Projects at Liberty Global

Since partnering with VL, Liberty Global has:

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Ensured accurate and timely implementationof accounting standards across their diverse lease portfolio, meeting regulatory requirements effectively.

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Worked with the Visual Lease implementation team to configure the system, integrating it with Liberty Global’s chart of accounts and journal entries to meet subsidiary-specific needs.

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Consolidated their existing property management tools into Visual Lease, centralizing all leases in one platform, saving time on reporting, and standardizing internal procedures.

The post Liberty Global Case Study – New first appeared on Visual Lease.]]>
Newmark Case Study New https://visuallease.com/newmark-case-study-new/ Tue, 02 Jul 2024 17:29:06 +0000 https://visuallease.com/?p=9515

Visualizing data through streamlined insight dashboards.

newmark logo

Newmark

Visualizing data through streamlined insight dashboards.

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Newmark, a global leader in real estate services, utilizes Visual Lease to manage their extensive lease portfolio, integrating seamlessly with their digital core to provide clients with actionable insights and real-time data visualization, ultimately enhancing strategic decision-making and operational efficiency.

“The whole mentality of the workplace is changing, and that means that businesses are looking at their portfolios – with Visual Lease, organizations can understand their options and act on them in a timely manner.”

 

Carla Hinson,
Executive Managing Director of Global Tech and the GCS Head of Technology at Newmark

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Since partnering with VL, Newmark has:

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Leveraged Visual Lease Integrations Hub (now Connectors Marketplace) to automate data exchange across ERPs, BI tools, and other systems, streamlining the delivery of critical business insights.

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Created customized dashboards that inform critical dates, space occupancy, and other key metrics, empowering clients to make quick, strategic decisions.

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Established a single source of truth for property data, ensuring accuracy and reliability across all integrated systems.

The post Newmark Case Study New first appeared on Visual Lease.]]>
Starbucks Case Study – New https://visuallease.com/starbucks-case-study-new/ Tue, 02 Jul 2024 17:09:29 +0000 https://visuallease.com/?p=9514

Adopting an easy-to-use platform with centralized data.

Starbucks logo

Starbucks

Adopting an easy-to-use platform with centralized data.

Starbucks , a global leader in the coffeehouse industry, has leveraged Visual Lease for over five years to streamline real estate lease accounting, transitioning from manual processes to a centralized platform that consolidates data, documents, and communications with landlords, significantly enhancing operational efficiency.

“Before Visual Lease I had to view tons of files and view contracts, search for a long time for simple information. Since I started using Visual Lease, I have all contracts in one place. I can follow up on all of the communication that has taken place between the landlord and Starbucks. It’s very easy to use and very efficient to find all information for every single location we have in the [market].”

 

Fabian Zettel,
Regional Facilities Planning Manager at Starbucks Coffee Switzerland

Since partnering with VL, Indeed has:

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Transformed manual processes by centralizing all lease-related data, documents, and communications in one easy-to-use platform.

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Simplified information retrieval, allowing quick and easy access to all lease details and documents.

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Streamlined interactions with landlords and internal stakeholders, resulting in more efficient lease management and communication.

The post Starbucks Case Study – New first appeared on Visual Lease.]]>
Apex Tool Group https://visuallease.com/apex-tool-group-new/ Tue, 02 Jul 2024 16:33:46 +0000 https://visuallease.com/?p=9513

Customizing a platform to meet their unique organizational requirements.

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Apex Tool Group

Customizing a platform to meet their unique organizational requirements.

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Apex Tool Group (ATG), one of the largest manufacturers of professional hand and power tools, leverages Visual Lease to manage over 300 real estate, equipment, and vehicle leases, achieving streamlined lease accounting compliance, efficient global lease management, and enhanced financial reporting.

“Using Visual Lease, the ATG team has been able to quickly produce quarterly reports.”

 

System User,
at Apex Tool Group

Read More >>

Since partnering with VL, Apex Tool Group has:

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Centralized and automated the management of over 300 leases across 30+ countries, enabling easy access and updates.

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Enabled quick generation of quarterly reports, including FASB journal entry summaries and balance sheets, without the need for external manipulation.

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Achieved ASC 842 compliance with a fully configurable system that integrates seamlessly with existing business processes.

The post Apex Tool Group first appeared on Visual Lease.]]>
Windsor Fashion – New https://visuallease.com/windsor-fashion-new/ Tue, 25 Jun 2024 20:36:38 +0000 https://visuallease.com/?p=9432

Managing a rapidly expanding footprint and disclosure reporting.

windsor's fashion

Windsor Fashion

Managing a rapidly expanding footprint and disclosure reporting.

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Windsor evaluated several systems before choosing Visual Lease as its system of record, helping the nearly century-old company tackle ASC 842 compliance and manage its rapidly glowing portfolio.

“The intuitiveness of the software and getting everything in one place and electronically organized was a big reason we chose Visual Lease. But we also had great guidance and best practices from the Visual Lease implementation team”

 

Christina Lui,
Controller, Windsor Fashions

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Since partnering with VL, Windsor Fashion has:

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Thoroughly reviewed multiple leases accounting options, including FinQuery and CoStar and chose VL for ease of use & accuracy in reporting.

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Encountered a seamless implementation and used best practice recommendations, from VL Customer Success.

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Achieved ASC 842 compliance with a few easy-to-produce reports per month.

The post Windsor Fashion – New first appeared on Visual Lease.]]>
Penn State Health – New https://visuallease.com/penn-state-health-new/ Tue, 25 Jun 2024 19:44:17 +0000 https://visuallease.com/?p=9423

Integrating technologies to save over 180 hours of work per year.

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Penn State Health

Integrating technologies to save over 180 hours of work per year.

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PennState Health, a leading multi-hospital health system, leverages Visual Lease to manage over 200 real estate and equipment leases efficiently. PennState Health significantly reduced its implementation time to 30 days, providing seamless integration with its ERP and compliance with ASC 842 standards.

“Visual Lease came highly recommended by Grant Thornton. We felt confident with our decision – and trusted that Visual Lease would be the long-term solution we needed to be compliant, integrate with our ERP and keep track of our leases.”

 

James Rogers,
Senior Financial Analyst at PennState Health

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Since partnering with VL, Penn State Health has:

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Automated reporting and streamlined lease management saved the organization 180 hours annually.

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Centralized lease information makes it easy to update and access critical data, improving overall visibility and decision-making.

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Achieved full system deployment in just 30 days significantly faster than the industry average of 90 days.

The post Penn State Health – New first appeared on Visual Lease.]]>
Poarch Band of Creek Indians – New https://visuallease.com/poarch-band-of-creek-indians-case-study-new/ Mon, 24 Jun 2024 15:38:24 +0000 https://visuallease.com/?p=9405

Using Visual Lease to comply with government reporting standards.

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Poarch Band of Creek Indians

Using Visual Lease to comply with government reporting standards.

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The Poarch Creek Indian Tribe, located in Atmore, Alabama, relies on Visual Lease to manage and comply with government reporting standards for their 1,500+ real estate, equipment, and vehicle leases, ensuring accurate financial and operational controls within their sovereign nation.

“Visual Lease is a very straight-forward platform. I’ve been involved in a lot of implementations, a lot of different softwares, and just from the beginning it was pretty straight forward and easy.”

 

Dominic Cromartie,
Assistant CFO at Poarch Creek Band of Indians

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Since partnering with VL, Poarch Band of Creek Indians has:

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Transitioned from a decentralized process to a centralized system, allowing only the office of the CFO to sign off on leases, ensuring greater control and visibility over lease agreements.

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Utilized Visual Lease for ad hoc and quarter-end reporting, providing transparency and accuracy in financial disclosures and compliance with GASB 87 standards.

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Leveraged Visual Lease to support annual audits, single audits, and other governmental audits, ensuring accuracy and compliance with grant or contract requirements.

The post Poarch Band of Creek Indians – New first appeared on Visual Lease.]]>
HomeServices of America Case Study – New https://visuallease.com/homeservices-of-america-case-study-new/ Mon, 10 Jun 2024 18:14:30 +0000 https://visuallease.com/?p=9393

Achieving compliance and insights for a $5 billion company.

HomeServices logo

HomeServices of America

Achieving compliance and insights for a $5 billion company.

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HomeServices of America, a $5 billion real estate company, uses Visual Lease to efficiently manage a portfolio of 1,200 real estate and equipment leases, covering 5.7 million square feet across 35 operating companies, and enhancing operational control.

“Outside of dates and dollars, we needed a tool that had other features and that we could grow with. That was the driver for choosing Visual Lease. It had scalability. We could configure it to our processes. It had the security we needed. It could connect to our ERP when we needed to. Those were all very important things.”

 

Herb Cohn,
Director of Corporate Services, Treasury & Risk at HomeServices of America

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Since partnering with VL, HomeServices of America has:

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Empowered local teams to manage their own leases while maintaining centralized oversight and quality assurance.

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Achieved reliable reporting that aids in budgeting, forecasting, and making data-driven decisions.

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Streamlined lease controls to meet ASC 842 standards and passed audits with centralized lease data.

The post HomeServices of America Case Study – New first appeared on Visual Lease.]]>
Indeed Case Study – New https://visuallease.com/indeed-case-study-new/ Mon, 10 Jun 2024 17:42:55 +0000 https://visuallease.com/?p=9395

Centralizing a global lease portfolio and establishing process regulation.

indeed logo

Indeed

Centralizing a global lease portfolio and establishing process regulation.

Indeed.com, the world’s leading job site, has utilized Visual Lease for over seven years to manage real estate lease accounting, standardizing processes across the organization and creating a single source of truth, which has significantly streamlined operations and reduced personnel requirements globally.

“I think it’s a system that’s going to be able to keep all those leases – operational or financial – all in one place, keep a single source of truth for all of your information regarding your leases and any future amendments or changes to those leases, you’ll be able to analyze or quickly determine what that impact will be right away.”

 

Anthony Cacchiani,
Senior Manager, Global Finance at Indeed.com

Since partnering with VL, Indeed has:

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Established a single source of truth for lease information, enabling consistent and accurate accounting practices across the organization.

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Reduced the number of people involved in lease management from 4-5 to just 3, saving time and resources.

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Provided auditors with reliable data, ensuring accurate and dependable financial results.

The post Indeed Case Study – New first appeared on Visual Lease.]]>
EVERUS Case Study – New https://visuallease.com/everus-case-study-new/ Mon, 10 Jun 2024 17:32:34 +0000 https://visuallease.com/?p=9394

Supporting complex construction operations with confidence and control.

Everus Logo

Everus Construction

Supporting complex construction operations with confidence and control.

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Everus Construction Group relies on Visual Lease to maintain a complete, accurate view of its lease portfolio and provide assurance across the organization and to shareholders. By replacing Excel-based tracking with a centralized lease repository, the team established standardized processes, stronger internal controls, and reliable reporting to support ASC 842 compliance, audit readiness, and public reporting requirements. 

Visual Lease frees us to do a lot of other demanding projects. So we are able to go through and not spend as much time capturing our leases for lease accounting. We actually can go through now and focus our time on other management-driven processes to improve the organization.

 

Jon Breckel
Everus Construction Group

Read more >>

Since partnering with VL, EVERUS has:

Centralized all property and equipment leases into a single source of truth, improving visibility and internal control.

Replaced manual Excel workflows with automated imports and ad hoc reporting, saving days during month-end and quarter-end close.

Strengthened audit readiness and compliance by standardizing lease capture, reviews, approvals, and disclosures.

The post EVERUS Case Study – New first appeared on Visual Lease.]]>
MISTRAS Case Study – New https://visuallease.com/mistras-case-study-new/ Mon, 10 Jun 2024 16:57:00 +0000 https://visuallease.com/?p=9391

Leveraging reporting for a multi-faceted lease portfolio.

Mistras logo

MISTRAS

Leveraging reporting for a multi-faceted lease portfolio.

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MISTRAS Group, a multinational leader in integrated technology-enabled asset protection solutions, efficiently manages a complex lease portfolio of over 1,800 leases with Visual Lease, including over 120 facilities across 10 countries and approximately 1,500 vehicles, streamlining compliance with ASC 842 and enhancing operational oversight.

“We wanted a vendor who wasn’t going to be stagnant. Someone who was going to be continuously innovating the tool and listening to customer feedback for continuous improvement. Over the past 4 years, I have been very impressed with Visual Lease’s focus and attention to this area.”

 

Tommy Tobolski,
Treasurer at MISTRAS

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Since partnering with VL, MISTRAS has:

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Consolidated all lease information into a single system of record, improving data accessibility and accuracy.

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Utilized SOC-1 lease reports to ensure compliance with ASC 842, simplifying the calculation of Right-of-Use Assets and Liabilities.

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Provided read-only access to brokers and auditors, significantly reducing the time spent on audit requests and allowing the team to focus on other business needs.

The post MISTRAS Case Study – New first appeared on Visual Lease.]]>
CURO Case Study – New https://visuallease.com/curo-case-study-new/ Fri, 07 Jun 2024 16:27:15 +0000 https://visuallease.com/?p=9390

Saving hundreds of hours with portfolio automation.

CURO logo

CURO Financial

Managing a large portfolio with limited team resources.

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CURO Group Holdings Corp., a market-leading provider of short-term credit solutions, utilizes Visual Lease to manage over 450 leases across the U.S. and Canada, providing efficient lease administration, compliance with ASC 842 standards, and significant time and cost savings.

“The system has allowed us to meet the reporting requirements of the lease requirements fairly seamlessly. It operates between us and our accounting department effectively. We would need substantial internal resources far exceeding what we pay Visual Lease to do everything that Visual Lease does for us internally”

 

Jeff Hitz,
Director of Real Estate at CURO Financial

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Since partnering with VL, CURO has:

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Transitioned from manual processes to a single, automated system saving hundreds of hours in lease administration.

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Achieved comprehensive visibility of all lease agreements and obligations, helping to avoid overpayments and stay on top of transactions.

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Streamlined compliance with ASC 842 standards and maintained consistent data across separate platforms for legal and audit purposes.

The post CURO Case Study – New first appeared on Visual Lease.]]>
Acrisure Case Study – New https://visuallease.com/acrisure-case-study-new/ Fri, 07 Jun 2024 15:00:13 +0000 https://visuallease.com/?p=9860

Tackling an active lease portfolio by systematizing acquisitions and making data-driven decisions.

Acrisure

Tackling an active lease portfolio by systematizing acquisitions and making data-driven decisions.

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As the fastest-growing brokerage company in industry history, Acrisure has operations across the globe. Over the last decade, the company has transformed from a simple insurance organization to a fintech conglomerate with an entrepreneurial spirit, handling titles, mortgage origination, cyber security and more.

“We had four partners in the regional area and were able to pull up the map in Visual Lease and make a plan. We’re looking at headcount and financial information all at once. The reports we can pull from Visual Lease are so powerful and give us all of the missing pieces that we need to make a good recommendation to our M&A team.”

 

Allison Keast,
Real Estate Operations Manager at Acrisure

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Since partnering with VL, Acrisure has:

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Utilizes key VL features like clauses to get a full 360-degree view of its portfolio.

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Saved $60,000 through reconciling VL data and finding overpayments.

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Created efficiency and automation around M&A activities.

The post Acrisure Case Study – New first appeared on Visual Lease.]]>
Toshiba Case Study – New https://visuallease.com/toshiba-case-study-new/ Fri, 07 Jun 2024 14:22:48 +0000 https://visuallease.com/?p=9388

Managing a large portfolio with limited team resources.

Toshiba logo

Toshiba America Business Solutions

Managing a large portfolio with limited team resources.

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Toshiba America Business Solutions and Toshiba Global Commerce Solutions, both part of one of the world’s largest conglomerates, use Visual Lease to effectively manage a complex portfolio of over 1,500 real estate, equipment, and vehicle leases. This helps ensure transparency across the company and aids in making strategic decisions across their operations.

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“We got on with Visual Lease, and that’s really helped transform our portfolio… without it, we wouldn’t be able to do what we do today.””

 

Lee Ebaugh
Director, Global Real Estate & Business Continuity at Toshiba

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Since partnering with VL, Toshiba has:

Transitioned from disparate systems to a single, user-friendly platform enhancing efficiency and data consistency.

Achieved complete company-wide transparency across every lease, facilitating better strategic decision-making.

Streamlined compliance with ASC 842 standards and maintained consistent data across separate platforms for legal and audit purposes.

The post Toshiba Case Study – New first appeared on Visual Lease.]]>
American Axel and Manufacturing Case Study – New https://visuallease.com/aam-case-study-new/ Thu, 06 Jun 2024 16:27:40 +0000 https://visuallease.com/?p=9387

Managing a global lease portfolio with tight controls using Visual Lease.

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American Axle & Manufacturing

Managing a global lease portfolio with tight controls using Visual Lease.

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American Axle, one of the world’s leading global automotive and mobility suppliers, uses VL to handle a vast portfolio that includes 85 manufacturing and engineering sites in 18 different countries, as well over 1,000 other records like production equipment, fleet and IT leases.

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“[Implementing Visual Lease] has helped us drive more controls around the entire process as a company. We are constantly testing our framework to ensure it’s operating effectively and updating it when the Visual Lease software adds more features, like the approvals module.”

 

Arianne Ault,
Director of Treasury and Capital Markets at American Axle & Manufacturing

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Since partnering with VL, AAM has:

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Moved from decentralized spreadsheets to one portfolio system of record.

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Abstracted hundreds of leases into the system saving them hundreds of hours spent tracking down and verifying information.

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Trustworthy security around its platform, as VL is SOC 1 Type 2 certified.

The post American Axel and Manufacturing Case Study – New first appeared on Visual Lease.]]>
Staying Ahead of What’s Ahead: Tracking the Environmental Impact of Your Lease Portfolio https://engage.visuallease.com/on-demand-webinar-esg-staying-ahead-of-whats-ahead-tracking-the-environmental-impact-of-your-lease-portfolio-0#new_tab Wed, 14 Feb 2024 21:39:35 +0000 https://visuallease.com/?p=9113 Lease accounting compliance isn’t a one-and-done disclosure, it’s an entirely new approach to accounting and an ongoing process. To make ongoing operations, reporting and compliance sustainable, you need controls that...

The post Staying Ahead of What’s Ahead: Tracking the Environmental Impact of Your Lease Portfolio first appeared on Visual Lease.]]>
Lease accounting compliance isn’t a one-and-done disclosure, it’s an entirely new approach to accounting and an ongoing process. To make ongoing operations, reporting and compliance sustainable, you need controls that address the entire lease workflow.

The post Staying Ahead of What’s Ahead: Tracking the Environmental Impact of Your Lease Portfolio first appeared on Visual Lease.]]>
Internal Controls for ESG & Sustainability Reporting https://engage.visuallease.com/odw-internal-controls-for-esg-sustainability-reporting#new_tab Wed, 14 Feb 2024 21:38:17 +0000 https://visuallease.com/?p=9112 The ISSB announced that businesses should start prioritizing climate-related disclosures, making sustainability a strategic imperative as businesses position themselves for the future.

The post Internal Controls for ESG & Sustainability Reporting first appeared on Visual Lease.]]>
The ISSB announced that businesses should start prioritizing climate-related disclosures, making sustainability a strategic imperative as businesses position themselves for the future.

The post Internal Controls for ESG & Sustainability Reporting first appeared on Visual Lease.]]>
Your Roadmap To Managing Risk and Maximizing ROI in Your Real Estate and Equipment Portfolios https://engage.visuallease.com/odw-your-roadmap-to-managing-risk-and-maximizing-roi-in-your-real-estate-and-equipment-portfolios#new_tab Wed, 14 Feb 2024 21:34:57 +0000 https://visuallease.com/?p=9111 Real estate and equipment is most likely your second budget line item and your highest operational overhead. You’re not alone! In fact, 45% of companies admit to having overpaid rent...

The post Your Roadmap To Managing Risk and Maximizing ROI in Your Real Estate and Equipment Portfolios first appeared on Visual Lease.]]>
Real estate and equipment is most likely your second budget line item and your highest operational overhead. You’re not alone! In fact, 45% of companies admit to having overpaid rent or expenses due to inadequate lease controls. And – new compliance regulations force you to think not only about ROI, but also about the environmental impact of your real estate and equipment portfolios. A strong lease controls framework helps you accurately track and report on the environmental impact of your owned and leased asset portfolio.

The post Your Roadmap To Managing Risk and Maximizing ROI in Your Real Estate and Equipment Portfolios first appeared on Visual Lease.]]>
Risks & Red Flags for Lease Accounting: Systems, Controls & Strategies for Sustainable Compliance https://engage.visuallease.com/odw-risks-red-flags-for-lease-accounting#new_tab Wed, 14 Feb 2024 21:31:18 +0000 https://visuallease.com/?p=9110 The adoption of the lease accounting standards brought leases into focus for finance teams – often for the first time. It was a massive lift for many organizations just to...

The post Risks & Red Flags for Lease Accounting: Systems, Controls & Strategies for Sustainable Compliance first appeared on Visual Lease.]]>
The adoption of the lease accounting standards brought leases into focus for finance teams – often for the first time. It was a massive lift for many organizations just to digitize their leases and get through the initial disclosure. And now, many have discovered limitations in their processes or systems as their team, portfolio, and financial circumstances change – meaning real risk to their audit and their bottom line.

The post Risks & Red Flags for Lease Accounting: Systems, Controls & Strategies for Sustainable Compliance first appeared on Visual Lease.]]>
ESG Assurance: Fundamentals to Increase the Credibility of ESG Reporting https://engage.visuallease.com/odw-esg-assurance-fundamentals-to-increase-the-credibility-of-esg-reporting#new_tab Wed, 14 Feb 2024 21:13:04 +0000 https://visuallease.com/?p=9109 Join us for an insightful webinar as speakers from FORVIS and Visual Lease delve into the world of ESG assurance and its crucial role in ESG disclosures. We’ll explain the...

The post ESG Assurance: Fundamentals to Increase the Credibility of ESG Reporting first appeared on Visual Lease.]]>
Join us for an insightful webinar as speakers from FORVIS and Visual Lease delve into the world of ESG assurance and its crucial role in ESG disclosures. We’ll explain the different levels of assurance, the value of ESG assurance, and how to help you effectively prepare for an ESG assurance engagement. In addition, we will provide practical guidance on reporting boundaries and establishing controls around ESG reporting systems. Gain valuable insights to help meet the growing demand for reliable and credible ESG information.

The post ESG Assurance: Fundamentals to Increase the Credibility of ESG Reporting first appeared on Visual Lease.]]>
Controls & Practical Approaches for Sustainability Reporting in a Changing Regulatory Environment https://engage.visuallease.com/odw-controls-and-practical-approaches-for-sustainability-reporting#new_tab Wed, 14 Feb 2024 21:11:35 +0000 https://visuallease.com/?p=9108 The changes in the regulatory landscape for carbon impact and sustainability reporting are only accelerating – both in the United States and globally – after the ISSB’s announcement of the...

The post Controls & Practical Approaches for Sustainability Reporting in a Changing Regulatory Environment first appeared on Visual Lease.]]>
The changes in the regulatory landscape for carbon impact and sustainability reporting are only accelerating – both in the United States and globally – after the ISSB’s announcement of the first global sustainability standards. While it’s up to individual jurisdictions to adopt those standards and update their regulations, we’re seeing regulations in Europe align and initial indications suggest alignment from expected SEC guidelines to be announced later this year.

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ESG 101: A Guide to Compliance, Controls and Sustainable Reporting https://engage.visuallease.com/odw-esg-101-a-guide-to-compliance-controls-and-sustainable-reporting#new_tab Wed, 14 Feb 2024 21:10:33 +0000 https://visuallease.com/?p=9107 The regulatory landscape for sustainability reporting is evolving quickly, with the introduction of IFRS S1 and S2, updates to ESRS, California’s SB 253 and endorsements from IOSCO – but do...

The post ESG 101: A Guide to Compliance, Controls and Sustainable Reporting first appeared on Visual Lease.]]>
The regulatory landscape for sustainability reporting is evolving quickly, with the introduction of IFRS S1 and S2, updates to ESRS, California’s SB 253 and endorsements from IOSCO – but do you truly understand what they are and how they could affect your business?

The post ESG 101: A Guide to Compliance, Controls and Sustainable Reporting first appeared on Visual Lease.]]>
Preparing for Year-End Close https://engage.visuallease.com/odw-asc-842-controls-to-consider-for-sustainable-lease-accounting#new_tab Wed, 14 Feb 2024 21:08:31 +0000 https://visuallease.com/?p=9106 Year-end close can be a hectic time for finance and accounting teams. But there’s preparation you can do during the slow holiday months that will help you be efficient and...

The post Preparing for Year-End Close first appeared on Visual Lease.]]>
Year-end close can be a hectic time for finance and accounting teams. But there’s preparation you can do during the slow holiday months that will help you be efficient and effective when it comes to closing your books. It starts by having visibility and control of lease information, maintaining strong lease accounting procedures and open communication between accounting and real estate teams throughout the year.

The post Preparing for Year-End Close first appeared on Visual Lease.]]>
Driving Sustainability: Environmental Reporting’s Impact on the Office of Finance https://engage.visuallease.com/odw-driving-sustainability-environmental-reportings-impact-on-the-office-of-finance#new_tab Wed, 14 Feb 2024 21:03:03 +0000 https://visuallease.com/?p=9105 90% of senior accounting and finance executives are looking to implement new sustainability goals over the next two to five years. But how can they do so when 70% of...

The post Driving Sustainability: Environmental Reporting’s Impact on the Office of Finance first appeared on Visual Lease.]]>
90% of senior accounting and finance executives are looking to implement new sustainability goals over the next two to five years. But how can they do so when 70% of these same executives are not entirely confident in their organization’s ability able to track and measure the environmental impact of their leased and owned assets?

The post Driving Sustainability: Environmental Reporting’s Impact on the Office of Finance first appeared on Visual Lease.]]>
How to Avoid Lease Accounting Compliance Risks https://engage.visuallease.com/odw-how-to-avoid-lease-accounting-compliance-risks#new_tab Wed, 14 Feb 2024 20:54:17 +0000 https://visuallease.com/?p=9104 Don’t wait until it’s too late to get ahead of your lease accounting. Being well-prepared and equipped to handle lease accounting can save your company from common risks associated with...

The post How to Avoid Lease Accounting Compliance Risks first appeared on Visual Lease.]]>
Don’t wait until it’s too late to get ahead of your lease accounting. Being well-prepared and equipped to handle lease accounting can save your company from common risks associated with misreporting company information, such as increased audit fees, fines and risk of legal action.

The post How to Avoid Lease Accounting Compliance Risks first appeared on Visual Lease.]]>
The Cross-Functional Power of Centralized Lease Data https://engage.visuallease.com/odw-the-cross-functional-power-of-centralized-lease-data#new_tab Wed, 14 Feb 2024 20:50:43 +0000 https://visuallease.com/?p=9103 The impact of your lease portfolio goes beyond just lease accounting. Having access to lease data can help you reduce the risk of overpayments and influence business decisions for more...

The post The Cross-Functional Power of Centralized Lease Data first appeared on Visual Lease.]]>
The impact of your lease portfolio goes beyond just lease accounting. Having access to lease data can help you reduce the risk of overpayments and influence business decisions for more optimized savings.

The post The Cross-Functional Power of Centralized Lease Data first appeared on Visual Lease.]]>
GASB 87 Roundtable Discussion: Anticipating Day 2 Lease Accounting Challenges https://engage.visuallease.com/odw-gasb-87-roundtable-discussion-anticipating-day-2-lease-accounting-challenges#new_tab Wed, 14 Feb 2024 20:46:58 +0000 https://visuallease.com/?p=9102 You picked your lease accounting software, now what? While some tech vendors disappear on their customers once a contract is signed, the Visual Lease team is committed to supporting you...

The post GASB 87 Roundtable Discussion: Anticipating Day 2 Lease Accounting Challenges first appeared on Visual Lease.]]>
You picked your lease accounting software, now what? While some tech vendors disappear on their customers once a contract is signed, the Visual Lease team is committed to supporting you through every step of your lease accounting journey.

The post GASB 87 Roundtable Discussion: Anticipating Day 2 Lease Accounting Challenges first appeared on Visual Lease.]]>
Controls To Consider for Sustainable Lease Accounting https://engage.visuallease.com/odw-323-controls-to-consider-for-sustainable-lease-accounting#new_tab Wed, 14 Feb 2024 20:43:06 +0000 https://visuallease.com/?p=9101 Lease accounting compliance isn’t a one-and-done disclosure; it’s an entirely new approach to accounting and an ongoing process. To sustain ongoing operations, reporting, and compliance, you need controls that address...

The post Controls To Consider for Sustainable Lease Accounting first appeared on Visual Lease.]]>
Lease accounting compliance isn’t a one-and-done disclosure; it’s an entirely new approach to accounting and an ongoing process. To sustain ongoing operations, reporting, and compliance, you need controls that address the entire lease workflow. In this webinar, we will walk through best practices for your financial and operational controls and compliance needs today—and show you how to lay the groundwork for lease optimization as you scale and your processes evolve.

The post Controls To Consider for Sustainable Lease Accounting first appeared on Visual Lease.]]>
ASC 842: Controls to Consider for Sustainable Lease Accounting https://engage.visuallease.com/odw-asc-842-controls-to-consider-for-sustainable-lease-accounting#new_tab Wed, 14 Feb 2024 20:40:19 +0000 https://visuallease.com/?p=9100 Internal controls are a vital part of ASC 842. They not only make ongoing compliance sustainable, but also reduce risk and associated costs. Most organizations have financial controls around their...

The post ASC 842: Controls to Consider for Sustainable Lease Accounting first appeared on Visual Lease.]]>
Internal controls are a vital part of ASC 842. They not only make ongoing compliance sustainable, but also reduce risk and associated costs. Most organizations have financial controls around their expenses (like salaries, benefits, T&E), but lack this same command with leases. Given the large impact that leases have on a balance sheet, this is concerning.

The post ASC 842: Controls to Consider for Sustainable Lease Accounting first appeared on Visual Lease.]]>
GASB 87 & 96: How to Avoid Risk & Maintain Accurate Data for Ongoing Compliance https://engage.visuallease.com/odw-gasb-87-96-how-to-avoid-risk-maintain-accurate-data-for-ongoing-compliance#new_tab Wed, 14 Feb 2024 20:36:57 +0000 https://visuallease.com/?p=9099 As leases and SBITAs evolve, how do you keep your contracts data up-to-date? If you’re having trouble ensuring accurate, reliable data now, trying to keep up with the complexities of...

The post GASB 87 & 96: How to Avoid Risk & Maintain Accurate Data for Ongoing Compliance first appeared on Visual Lease.]]>
As leases and SBITAs evolve, how do you keep your contracts data up-to-date? If you’re having trouble ensuring accurate, reliable data now, trying to keep up with the complexities of GASB 96 in addition to maintaining 87, will be incredibly difficult for your organization moving forward.

The post GASB 87 & 96: How to Avoid Risk & Maintain Accurate Data for Ongoing Compliance first appeared on Visual Lease.]]>
After the Audit: ASC 842 and What’s Next for Leased and Owned Asset Accounting https://engage.visuallease.com/odw-after-the-audit-asc-842-and-whats-next-for-leased-and-owned-asset-accounting#new_tab Wed, 14 Feb 2024 20:34:18 +0000 https://visuallease.com/?p=9098 With the transition period for the lease accounting standards now in the rearview, many organizations are now facing Day 2 challenges with lease remeasurements, and have identified gaps in their...

The post After the Audit: ASC 842 and What’s Next for Leased and Owned Asset Accounting first appeared on Visual Lease.]]>
With the transition period for the lease accounting standards now in the rearview, many organizations are now facing Day 2 challenges with lease remeasurements, and have identified gaps in their data, limitations in their systems, and opportunities to consolidate redundant systems and improve the way their teams work together.

The post After the Audit: ASC 842 and What’s Next for Leased and Owned Asset Accounting first appeared on Visual Lease.]]>
Navigating Sustainability: Implementing Internal Controls for ESG Success https://engage.visuallease.com/odw-navigating-sustainability-implementing-internal-controls-for-esg-success#new_tab Wed, 14 Feb 2024 20:23:47 +0000 https://visuallease.com/?p=9096 The International Sustainability Standards Board (ISSB) published its first two finalized standards. These standards aim to establish a global framework for comprehensive sustainability disclosures, with a specific emphasis on meeting...

The post Navigating Sustainability: Implementing Internal Controls for ESG Success first appeared on Visual Lease.]]>
The International Sustainability Standards Board (ISSB) published its first two finalized standards. These standards aim to establish a global framework for comprehensive sustainability disclosures, with a specific emphasis on meeting the demands of investors and the financial markets.

The post Navigating Sustainability: Implementing Internal Controls for ESG Success first appeared on Visual Lease.]]>
Post Lease Accounting Transition: What’s Next https://engage.visuallease.com/odw-post-lease-accounting-transition-whats-next#new_tab Wed, 14 Feb 2024 20:19:43 +0000 https://visuallease.com/?p=9095 With the adoption year in the rearview and audits being completed for many private companies, many companies have an enhanced visibility into their lease portfolio and are reevaluating their approach....

The post Post Lease Accounting Transition: What’s Next first appeared on Visual Lease.]]>
With the adoption year in the rearview and audits being completed for many private companies, many companies have an enhanced visibility into their lease portfolio and are reevaluating their approach. With this enhanced visibility and the cross-departmental collaboration required, companies are focusing on implementing sustainable processes to not only tackle identifying new leases and handling more complex “Day 2” items such as modifications, terminations, and impairments, but to identify “value-add” opportunities associated with the enhanced visibility and data now at their fingertips.

The post Post Lease Accounting Transition: What’s Next first appeared on Visual Lease.]]>
How To Avoid the Risks of ASC 842: What To Know for Accurate Lease Accounting https://engage.visuallease.com/on-demand-webinar-how-to-avoid-the-risks-of-asc-842-what-to-know-for-accurate-lease-accounting#new_tab Wed, 14 Feb 2024 20:07:54 +0000 https://visuallease.com/?p=9094 If you aren’t prepared for ASC 842 compliance, your business is at risk of failing an audit. Leases are incredibly complex and dynamic – and ASC 842 is not a...

The post How To Avoid the Risks of ASC 842: What To Know for Accurate Lease Accounting first appeared on Visual Lease.]]>
If you aren’t prepared for ASC 842 compliance, your business is at risk of failing an audit. Leases are incredibly complex and dynamic – and ASC 842 is not a one-and done disclosure. Lease terms change all the time as companies take on new spaces, scale back or renegotiate, and you must account for every change under the new standards. And, this work is made more complex by the fact that there are typically multiple groups involved in touching lease data. This is a large administrative lift, which makes it more complicated to ensure accurate, ongoing financial reports.

The post How To Avoid the Risks of ASC 842: What To Know for Accurate Lease Accounting first appeared on Visual Lease.]]>
Lease Accounting: How To Ensure Reliable, Effective Implementation And Adoption https://engage.visuallease.com/on-demand-webinar-lease-accounting-how-to-ensure-reliable-effective-implementation-and-adoption#new_tab Wed, 14 Feb 2024 20:04:11 +0000 https://visuallease.com/?p=9093 There’s a lot of confusion regarding lease accounting. Who should be involved? How many resources are needed? What type of technology should be used? With all of that in mind,...

The post Lease Accounting: How To Ensure Reliable, Effective Implementation And Adoption first appeared on Visual Lease.]]>
There’s a lot of confusion regarding lease accounting. Who should be involved? How many resources are needed? What type of technology should be used? With all of that in mind, it’s understandable that most businesses are overwhelmed, and one-third (33%) of private companies are still not fully prepared to transition to ASC 842. As businesses approach the initial reporting period under the new standard, there is massive pressure to retroactively learn and organize their leases.

The post Lease Accounting: How To Ensure Reliable, Effective Implementation And Adoption first appeared on Visual Lease.]]>
Lease Management: Unlocking ROI Opportunities Within Your Lease Portfolio https://engage.visuallease.com/on-demand-webinar-lease-management-unlocking-roi-opportunities-within-your-lease-portfolio#new_tab Wed, 14 Feb 2024 20:02:28 +0000 https://visuallease.com/?p=9092 Prior to the new lease accounting requirements, many companies did not have a clear view into their lease obligations and options. But now that businesses are required to keep track...

The post Lease Management: Unlocking ROI Opportunities Within Your Lease Portfolio first appeared on Visual Lease.]]>
Prior to the new lease accounting requirements, many companies did not have a clear view into their lease obligations and options.

But now that businesses are required to keep track of lease financials to comply with ASC 842, lease terms are being more closely monitored and managed. This provides major cost-saving business opportunities and benefits.

The post Lease Management: Unlocking ROI Opportunities Within Your Lease Portfolio first appeared on Visual Lease.]]>
How to Optimize Your Equipment Leases While Accomplishing Lease Accounting Compliance https://engage.visuallease.com/on-demand-webinar-how-to-optimize-your-equipment-leases-while-accomplishing-lease-accounting-compliance#new_tab Wed, 14 Feb 2024 19:54:25 +0000 https://visuallease.com/?p=9091 Are you overpaying for your business’ leases? Manufacturing businesses often have hundreds – or thousands – of leases, including forklifts, machinery and real estate. Each lease contains complex terms that...

The post How to Optimize Your Equipment Leases While Accomplishing Lease Accounting Compliance first appeared on Visual Lease.]]>
Are you overpaying for your business’ leases? Manufacturing businesses often have hundreds – or thousands – of leases, including forklifts, machinery and real estate. Each lease contains complex terms that are subject to change, which must be tracked to maintain compliance with the new lease accounting standards, ASC 842 and IFRS 16.

The post How to Optimize Your Equipment Leases While Accomplishing Lease Accounting Compliance first appeared on Visual Lease.]]>
State of the Union: Regulatory Updates for Sustainability Reporting in the United States and How to Prepare https://engage.visuallease.com/odw-state-of-the-union-regulatory-updates-for-sustainability-reporting-in-the-united-states-and-how-to-prepare#new_tab Wed, 14 Feb 2024 19:47:35 +0000 https://visuallease.com/?p=9090 The regulatory landscape for sustainability reporting continues to evolve, both in the US and globally– with big implications for both public and private companies in the US. While the SEC’s...

The post State of the Union: Regulatory Updates for Sustainability Reporting in the United States and How to Prepare first appeared on Visual Lease.]]>
The regulatory landscape for sustainability reporting continues to evolve, both in the US and globally– with big implications for both public and private companies in the US. While the SEC’s pending ESG reporting announcement has been highly anticipated, California’s SB-256 and SB-261 stole the spotlight, impacting a much broader scope of companies.

The post State of the Union: Regulatory Updates for Sustainability Reporting in the United States and How to Prepare first appeared on Visual Lease.]]>
Protected: Test Case Study New Design Post With Video No PDF https://visuallease.com/test-case-study-new-design-post-with-video-no-pdf/ Wed, 18 Oct 2023 15:04:09 +0000 https://visuallease.com/?p=8785 There is no excerpt because this is a protected post.

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Test Case Study New Design Post https://visuallease.com/test-case-study-new-design-post/ Wed, 04 Oct 2023 00:36:02 +0000 https://visuallease.com/?p=8735
AAM logo

American Axle & Manufacturing

Managing a global lease portfolio with tight controls using Visual Lease.

American Axle, one of the world’s leading global automotive and mobility suppliers, uses VL to handle a vast portfolio that includes 85 manufacturing and engineering sites in 18 different countries, as well over 1,000 other records like production equipment, fleet and IT leases.

Case Study Head Shot

“[Implementing Visual Lease] has helped us drive more controls around the entire process as a company. We are constantly testing our framework to ensure it’s operating effectively and updating it when the Visual Lease software adds more features, like the approvals module.”

 

Adrianne Ault
Director of Treasury and Capital Markets at American Axle & Manufacturing


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With VL they:

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Moved from decentralized spreadsheets to one portfolio system of record.

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Installed financial and operational controls throughout their organization, including VL processes and automation, that helped them reduce audit deficiencies by 85%.

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Saved time and money by using VL reporting to find areas where they aren’t leasing efficiently.

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