Visual Lease
by Visual Lease (a CoStar Group company) · Lease Accounting
Lease management and accounting platform for ASC 842, IFRS 16 and GASB 87 compliance.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
SAP
Oracle
NetSuite
Microsoft Dynamics- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Quote-based
- Founded
- 1996
- Headquarters
- Woodbridge, New Jersey, United States
Overview
Visual Lease is a lease management and accounting platform used by finance, real estate, legal and IT teams to centralize lease data and automate compliance reporting. It supports both lease administration (tracking key dates, renewals, obligations, and documents across real estate and equipment portfolios) and lease accounting (calculating right-of-use assets and lease liabilities, generating journal entries, and producing disclosures) under ASC 842, IFRS 16, and GASB 87/96.
The platform is aimed primarily at mid-market and large enterprises with complex, multi-department lease portfolios spanning real estate, fleet and equipment leases. It offers AI-assisted lease abstraction (built on CoStar's Lease LLM) to extract key terms from lease documents, sustainability/ESG reporting for leased and owned assets, and workflow controls for approvals and audit trails.
Visual Lease connects to ERP and financial systems through prebuilt connectors, APIs, flat-file exports and SFTP transfers, exporting lease journal entries, amortization schedules and lease metadata into the GL to support period-end close. Visual Lease was acquired by CoStar Group in November 2024 and reports more than 1,500 customer organizations managing over 500,000 leased assets globally.
Modules & capabilities
Visual Lease covers 21 of 41 capabilities we track in this category
51%- ASC 842 (US GAAP) complianceCore strength
- IFRS 16 complianceCore strength
- GASB 87 / public-sector complianceGASB 87/96Supported
- Parallel multi-standard reportingMulti-GAAP reporting for entities reporting under multiple standardsCore strength
- Finance vs. operating lease classificationRoll-forward reports separating operating and finance leasesSupported
- ROU asset & lease liability calculationSupported
- Automated remeasurement on modificationsSupported
- Lessor accountingNot evidenced
- Embedded leases, subleases & sale-leasebacksHandles subleases, sale-leasebacks, embedded leases and related-party leasesCore strength
“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
Common use cases
- Achieving and maintaining ASC 842 / IFRS 16 / GASB 87 compliance for a multi-entity lease portfolio
- Centralizing real estate, fleet and equipment lease data currently scattered across spreadsheets and contracts
- Automating monthly lease journal entries and posting them into an ERP general ledger during period-end close
- Using AI abstraction to onboard a large legacy lease portfolio without manually re-keying every lease
- Tracking critical lease dates (renewals, terminations, escalations) to avoid missed deadlines and penalties
- Producing multi-GAAP disclosures for organizations reporting under both US GAAP and IFRS
- Reporting on the environmental/sustainability impact of a leased asset portfolio
Strengths & considerations
Strengths
- Combines lease administration and lease accounting in one platform rather than accounting-only
- AI lease abstraction powered by CoStar's Lease LLM, backed by CoStar Group's real estate data scale following the 2024 acquisition
- Broad ERP and close-system connectivity (SAP, Oracle, NetSuite, Microsoft, Workday, BlackLine, Trintech) via connectors, APIs, flat files and SFTP
- Adds sustainability/ESG reporting on top of core lease compliance
ERP integrations
Vendor markets support for SAP HANA Cloud and SAP S/4HANA Cloud, exporting lease journal entries and schedules to the GL; listed among 'all major ERP solutions' on the integrations page, though per-connector documentation beyond the Workday partnership is not published.
Vendor cites support for Oracle Cloud Financials and JD Edwards EnterpriseOne; listed among 'all major ERP solutions', though per-connector documentation is not published.
Listed among 'all major ERP solutions' on the vendor's integrations page; per-connector documentation is not published.
Listed among 'all major ERP solutions' on the vendor's integrations page; per-connector documentation is not published.
Vendor states: 'Workday and Visual Lease have partnered to bring the best-in-class VL platform to Workday customers with a pre-built bi-directional integration.'
Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-11.
Pricing
Pricing is not published; Visual Lease directs prospects to request a custom quote or demo. Third-party marketplaces report wide variation depending on portfolio size and modules, but no vendor-confirmed starting price is publicly listed. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS
- Mobile app
- No
- Languages
- English
About the vendor
- Founded
- 1996
- Headquarters
- Woodbridge, New Jersey, United States
- Employees
- ~115
- Ownership
- Subsidiary of CoStar Group (public, Nasdaq: CSGP); acquired November 2024
Alternatives to Visual Lease in Lease Accounting
Visual Lease — frequently asked questions
Does Visual Lease integrate with SAP?
Yes. Visual Lease offers a prebuilt connector for SAP, including SAP HANA Cloud and SAP S/4HANA Cloud, that exports lease journal entries, schedules and modifications directly into the GL.
What ERPs does Visual Lease connect to?
Visual Lease provides prebuilt connectors for SAP, Oracle (including JD Edwards EnterpriseOne and Oracle Cloud Financials), NetSuite and Microsoft Dynamics, plus a certified integration with Workday Financials and options for API, flat-file and SFTP connections to other systems.
How much does Visual Lease cost?
Visual Lease does not publish pricing. It uses a quote-based model, with cost depending on portfolio size, number of leases, modules selected and implementation scope; prospects must contact Visual Lease for a custom quote.
What accounting standards does Visual Lease support?
Visual Lease supports ASC 842 (US GAAP), IFRS 16, and GASB 87 and GASB 96 for government entities, including multi-GAAP reporting for organizations that report under more than one standard.
Evaluating Lease Accounting?
Tell us your ERP and requirements and we'll send an independent shortlist — including Visual Lease and the best-fit alternatives — with honest pros and cons.