ACCESS Newswire
20 Jan 2023, 01:01 GMT+10
Company achieves its fifth consecutive year of double-digit annual recurring revenue and customer growth
WOODBRIDGE, NJ / ACCESSWIRE / January 19, 2023 / Visual Lease, the #1 lease optimization software provider, today announced its results from 2022, reporting double-digit annual recurring revenue and customer percentage growth for five consecutive years. The organization now empowers more than 1,000 companies worldwide to sustain compliance with FASB, IFRS and GASB lease accounting standards, while simultaneously improving the financial and operational performance of their leases.
'In 2022, we expanded our mission to help businesses leverage their lease portfolios as strategic assets,' said Visual Lease's CEO, Robert Michlewicz. 'By investing in key areas of our product and team, we further enhanced our solutions and services to best support companies during the next leg of their leasing journey. In partnering with Visual Lease, companies across all industries have the ability to easily sustain lease accounting compliance while establishing key controls to leverage their lease data in making strategic business decisions.'
'In today's economic environment, it is critical companies tap into the power of strong lease management and accounting solutions to remain agile,' said Visual Lease's CPO, Amie Durr. 'This can only be achieved when they partner with a solution provider that truly understands the different needs of all the teams that interact with lease data - Real Estate, Finance, Accounts Payable, Legal, Procurement, etc. - something that only Visual Lease is built to facilitate.'
Visual Lease's key accomplishments from 2022 include:
Software & Service:
Growth:
Strategic Hires:
Brand Recognition:
Alliance Partners:
To keep up with announcements from Visual Lease, visit the Visual Lease Newsroom.
About Visual Lease
Visual Lease, the #1 lease optimization software provider, empowers organizations to leverage their lease portfolio as a strategic asset. Our platform is uniquely designed to meet the needs of every team that interacts with a company's lease portfolio to reduce risk, drive confident and sustained lease accounting compliance and provide the visibility required to make agile business decisions. Informed by nearly three decades of experience, our solutions help companies easily sustain compliance with FASB, IFRS and GASB lease accounting standards and implement proper lease controls to improve the financial, legal and operational performance of their leases. Our award-winning software is used by 1,000+ organizations to manage 500,000+ real estate, equipment and other leased assets globally. For more information, visit visuallease.com.
Media Contacts
Erica Bonavitacola
Visual Lease
T+1 732 860 4838
[email protected]
SOURCE: Visual Lease
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