Visual Lease vs Spendwise (Officewise) Comparison

81% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Visual Lease

Accounting Software

4.5 91 user ratings

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81% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Spendwise (Officewise)

Accounting Software

4.6 143 user ratings

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Overview

Description

Visual Lease is the best lease optimization software for managing, examining, streamlining, and reporting on lease portfolios. It is an inclusive lease management solution that helps you manage your lease portfolio and all the allied costs. It also provides a complete, end-to-end structure with speedy implementation and data migration. It has been created by world renowned CPAs and lease experts by merging GASB-compliant lease accounting measures, IFRS, and GAAP with trouble-free, supple, and mechanized lease management procedures. It processes all the calculations, disclosures, and journal entries with the GASB 87 accounting standards, IFRS 16, and ASC 842. They are here to help you track any data linked within embedded leases, including assets, and streamline the way you abide by the terms of a lease for exclusive rights. Visual Lease is fully capable of supporting every type of lease data or real-estate category that you require including billboards that typically don’t fit into most real-estate categories. They offer you a free demo tool to analyze their service and see the best for you. Read more

Spendwise (Officewise) is a spend management software that helps companies with their financial planning and monitoring facilities. The software helps accountants create, approve and send purchase orders of professional quality in seconds. They can also manage the receiving process of their purchase orders when goods or services are delivered to them. Spendwise (Officewise) also helps companies to manage their expenses and bills including any approvals electronically. Users can create budgets and track their spendings incurred and on order. Over 25 powerful reports offered by the same help companies to keep their spendings under control. Spendwise (Officewise) benefits companies by allowing them to spend less time on paperwork and more time on creating value for their products. It offers a heap of tools that help users to cut down administration costs, eliminate unnecessary spendings and make better decisions. Moreover, companies can even store all of their data online in a secured way and access it from anywhere, at any time. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Available
Offers Custom plan.

SW Score & Breakdown

81% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

81%
Reviews

78%
Momentum

63%
Popularity

75%

81% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

83%
Reviews

76%
Momentum

61%
Popularity

72%

Features

Total Features	8 Features	8 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Purchasing Acquiring goods or services required for the business at minimal cost Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 5 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Purchasing Acquiring goods or services required for the business at minimal cost Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 5 More - Show Less

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.5/5 91 user ratings	4.6/5 143 user ratings
Rating Distribution	Excellent 59.3% Very Good 31.9% Average 4.4% Poor 4.4% Terrible 0%	Excellent 64.3% Very Good 29.4% Average 4.9% Poor 0.7% Terrible 0.7%
User Sentiments	User-Friendly Interface, Comprehensive Reporting Capabilities, Excellent Customer Support, Efficient Lease Accounting Functionality Slow System Performance, Limited Report Customization, Occasional System Glitches, Complex Modification Processes	Not Available
Review Summary	Overall, users praise Visual Lease for its user-friendly interface, extensive reporting capabilities, and excellent customer support. They find it particularly valuable for managing complex lease portfolios, as it helps them track lease obligations, calculate rent payments, and generate accurate financial statements. Some users have encountered minor issues with data accuracy and report customization, but these seem to be isolated cases. Overall, Visual Lease is a well-received lease accounting software that meets the needs of many businesses.	Not Available
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AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Standard Custom	Basic Others Pro Custom Enterprise Custom
	View Detailed Pricing	View Detailed Pricing

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