CoStar Real Estate Manager vs Visual Lease
lease accounting head-to-head for ERP teams: evidenced capabilities, published pricing, and which ERPs each actually integrates with.
| Starting price | Quote-based | Quote-based |
| Deployment | Cloud | Cloud |
| Company size | — | Mid-market, Enterprise |
| Stated ERP integrations | SAP, Oracle Fusion Cloud, Workday, NetSuite, Microsoft Dynamics 365 | SAP, Oracle Fusion Cloud, NetSuite, Microsoft Dynamics 365, Workday |
| Vendor | CoStar Group | Visual Lease (a CoStar Group company) |
Our take
Where CoStar Real Estate Manager leads
- Stronger evidenced coverage on 5 of the 13 capabilities where they differ (led by integrated real estate market data and automated rent payment processing).
Where Visual Lease leads
- Stronger evidenced coverage on 8 of the 13 capabilities where they differ (led by embedded leases, subleases & sale-leasebacks and ai-powered lease abstraction).
Where they differ
The 13 capabilities (of 41 in the lease accounting taxonomy) where the evidence separates them, biggest gaps first. “Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
| Capability | ||
|---|---|---|
| Embedded leases, subleases & sale-leasebacksLease Accounting & Compliance | Not evidenced | Core strength Handles subleases, sale-leasebacks, embedded leases and related-party leases |
| AI-powered lease abstractionLease Administration & Data | Not evidenced | Core strength AI-powered abstraction built on CoStar's Lease LLM |
| Integrated real estate market dataReal Estate & Portfolio Management | Core strength Integrated CoStar market data and analytics | Not evidenced |
| Sustainability / ESG reportingPlatform, Access & Security | Not evidenced | Core strength Dedicated Sustainability & ESG Reporting module |
| GASB 87 / public-sector complianceLease Accounting & Compliance | Not evidenced | Supported GASB 87/96 |
| Centralized lease document repositoryLease Administration & Data | Not evidenced | Supported |
| Automated rent payment processingPayments & Financial Operations | Supported | Not evidenced |
| AP/AR transaction handlingPayments & Financial Operations | Supported | Not evidenced |
| Role-based access controlPlatform, Access & Security | Not evidenced | Supported Role-based access for finance, real estate, legal and IT teams |
| Multi-book / multi-ledger accountingPlatform, Access & Security | Supported Multiple rent/amortization schedules per lease plus multi-standard support | Not evidenced |
| Open API for system connectivityPlatform, Access & Security | Not evidenced | Supported API-based integrations for real-time synchronization |
| Parallel multi-standard reportingLease Accounting & Compliance | Supported ASC 842, IFRS 16, FRS 102, ASC 840/local GAAP supported | Core strength Multi-GAAP reporting for entities reporting under multiple standards |
| Automated remeasurement on modificationsLease Accounting & Compliance | Core strength Automated remeasurements/modifications plus retrospective true-up journal entries | Supported |
Both grade identically on the other 28 capabilities — see each product's full profile: CoStar Real Estate Manager, Visual Lease.
CoStar Real Estate Manager vs Visual Lease — FAQs
Is CoStar Real Estate Manager or Visual Lease better for ERP integration?
Both state integrations with SAP, Oracle Fusion Cloud, Workday, NetSuite, Microsoft Dynamics 365. Always verify the connector against your ERP version with a reference customer.
Which is cheaper, CoStar Real Estate Manager or Visual Lease?
Neither publishes a list price — both quote. Ask each for the all-in first-year cost at your seat count, as one number, and compare those.
Get pricing for both
Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what CoStar Real Estate Manager and Visual Lease should each cost you — and whether a third option belongs on your shortlist.