Company now helps more than 800 organizations manage upwards of 500,000 leases

Woodbridge, NJ – October 11, 2021 — Visual Lease, the #1 lease optimization software provider, today announced results from the third quarter of 2021, including sustained double-digit annual recurring revenue and customer growth. The company continues to make strategic investments in its product, services, people and infrastructure and is now helping more than 800 organizations achieve lease accounting compliance and improve the financial, legal and operational performance of their leases.

“There’s a huge shift in the way that organizations are looking at their leases,” said founder and CEO of Visual Lease, Marc Betesh. “They are trying to manage evolving work patterns while simultaneously staying compliant with the new lease accounting rules. As companies revisit their leases to address these demands, they’re realizing how much a dedicated solution like Visual Lease can help. By standardizing and centralizing their lease data, organizations are improving lease performance, reducing costs and streamlining their audit processes.”

In Q3 2021, Visual Lease:

Product

Talent

Industry Recognitions

To keep up with announcements from Visual Lease, visit the Visual Lease Newsroom.

About Visual Lease

Visual Lease is the #1 lease optimization software provider. We help organizations become compliant with FASB, IFRS and GASB lease accounting standards, while simultaneously improving the financial, legal and operational performance of their leases. Our easy-to-use SaaS platform is embedded with more than three decades of best practices from major corporations and leading industry professionals. Our award-winning solutions are used by 800+ organizations to manage 500,000+ real estate, equipment and other leased assets. Committed to ongoing innovation and unparalleled customer service, Visual Lease helps organizations transform their lease compliance requirements into financial opportunities. For more information, visit visuallease.com.

Media Contacts
Erica Bonavitacola
Visual Lease
T+1 732 860 4838
ebonavitacola@visuallease.com

Katie Vroom
Gregory FCA
T+1 212 398 9680
kvroom@gregoryfca.com

The post Visual Lease Announces Record-Breaking Third Quarter first appeared on VisualLease.

Original source:
https://visuallease.com/visual-lease-announces-record-breaking-third-quarter/