EZLease
EZLease provides automated lease accounting software to help you maintain compliance with ASC 842, GASB 87, and IFRS 16 standards through streamlined data management and reporting.
Visual Lease
Visual Lease is a centralized lease accounting and management software designed to help you maintain compliance with ASC 842, IFRS 16, and GASB 87 standards while optimizing your real estate portfolio.
Quick Comparison
| Feature | EZLease | Visual Lease |
|---|---|---|
| Website | ezlease.com | visuallease.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1985 | 1996 |
| Headquarters | Fayetteville, USA | Woodbridge, USA |
Overview
EZLease
EZLease is a dedicated lease accounting platform designed to simplify how you manage and report on equipment and real estate leases. You can automate the complex calculations required for modern accounting standards like ASC 842, IFRS 16, and GASB 87/96. By moving away from manual spreadsheets, you reduce the risk of audit failures and ensure your financial statements remain accurate and compliant with the latest regulatory requirements.
The software serves as a centralized repository for all your lease data, allowing you to track critical dates, generate journal entries, and produce disclosure reports in minutes. Whether you manage ten leases or ten thousand, you can scale your operations without adding significant administrative overhead. It is particularly effective for finance teams in mid-market companies and government entities who need a reliable, audit-ready solution for their long-term liabilities.
Visual Lease
Visual Lease provides a centralized platform to manage your entire lease portfolio while ensuring you stay compliant with complex accounting standards like ASC 842 and IFRS 16. You can track critical dates, automate financial reporting, and integrate your lease data directly with your existing ERP systems. By consolidating all lease information into a single source of truth, you eliminate manual data entry errors and gain better visibility into your financial obligations.
The platform is built for finance, real estate, and legal teams who need to collaborate on high-stakes lease data. You can manage everything from equipment leases to complex real estate agreements with built-in audit trails and automated workflows. Whether you are preparing for an audit or looking to reduce occupancy costs, the software gives you the tools to make data-driven decisions across your organization.
Overview
EZLease Features
- Automated Compliance Generate accurate calculations for ASC 842, GASB 87, and IFRS 16 automatically to ensure your reporting meets all current regulatory standards.
- Journal Entry Generation Create monthly journal entries and amortization schedules instantly so you can close your books faster and with greater confidence.
- Disclosure Reporting Produce all required quantitative disclosures for your financial statements with a few clicks, saving you hours of manual data aggregation.
- Critical Date Alerts Set up automated notifications for upcoming renewals, expirations, and options so you never miss a deadline or lose a favorable rate.
- Audit Trail Tracking Maintain a complete history of every change made to your lease data to provide auditors with clear, transparent documentation.
- Bulk Data Import Upload your existing lease portfolio from Excel templates quickly to get your system up and running without manual data entry.
Visual Lease Features
- Automated Accounting. Generate journal entries and disclosure reports automatically to meet ASC 842, IFRS 16, and GASB 87 requirements.
- Critical Date Alerts. Receive automated notifications for upcoming renewals, expirations, and rent bumps so you never miss a deadline.
- Centralized Repository. Store all your lease documents and data in one secure location for instant access across your entire team.
- ERP Integrations. Sync your lease financial data directly with your existing accounting systems like Oracle, SAP, and NetSuite.
- Audit Trail Tracking. Maintain a complete history of every change made to your lease data to simplify your annual audit process.
- Ad-Hoc Reporting. Create custom reports on the fly to analyze portfolio performance and identify cost-saving opportunities across your assets.
Pricing Comparison
EZLease Pricing
Visual Lease Pricing
Pros & Cons
EZLease
Pros
- Simplifies complex ASC 842 and GASB 87 calculations
- Intuitive interface makes it easy to navigate lease data
- Responsive customer support team helps with technical accounting questions
- Reliable reporting that stands up well to external audits
Cons
- Initial data migration can be time-consuming for large portfolios
- Reporting customization options are somewhat limited on standard plans
- User interface feels slightly dated compared to newer SaaS tools
Visual Lease
Pros
- Robust reporting capabilities for complex compliance needs
- Excellent customer support and implementation guidance
- Highly configurable interface to match specific workflows
- Reliable automated alerts for lease milestones
- Strong integration options with major ERP systems
Cons
- Initial setup and data migration takes time
- Learning curve for users new to lease accounting
- Interface can feel dense due to many features