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Visual Lease vs Trullion Comparison

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Overview

Category Leaders

Visual Lease is a web-based FASB-IASB compliant lease management system with configurable contract clauses, suitable for...

Trullion is the world's first and only AI-powered lease accounting software. CFOs, Accounting Teams, and Auditors can leverage...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Video & Screenshots

Pricing

Starting from

ic-pricetag

No pricing info

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

Starting from

3000

Per year

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

User reviews

4.7

55

5

4

3

2

1

39

14

2

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

4.9

13

5

4

3

2

1

11

2

0

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

Pros

Everyone has been very helpful with any issues I have ran in to. My overall experience has been very good.
Visual lease helps me to stay on top of the key dates in our leases such as expiration dates, rent increases, etc. It also helps save time with our month end accounting.
For the Real Estate prospective the most useful feature is the report field. It is very useful and easy to use because you can review and check all the info (General and Financial) for all the units.

Pros

Great product, helpful and responsive team. Looking forward to more features.
At the end of the year everything is prepared for me in a very simple way. Great and helpful customer support team as well.
I am also a color-coordinated type of person, love that feature. It is so user friendly and a breeze to learn how to use.

Cons

When it comes to putting dates there is sometimes a different way to put them in. Depending on the country your are working with dates can be misleading.
Our inability to translate some of these leases in-house is difficult. It would be ideal if Visual Lease could also provide translation services.
As a new user without any training, I found the reporting functionalities confusing and less than intuitive.

Cons

I guess the least is we be down twice in 3 years little scary but it was short time.
The only difficulty we've encountered is what you might expect from any new software tool - getting onboarded takes a while, especially if you need the entire team on the same page.
  • Vendor responds to reviews
  • Last reviewa year ago
  • Vendor responds to reviews
  • Last reviewa year ago

Key features

  • Total features61
  • API
  • Access Controls/Permissions
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts/Escalation
  • Alerts/Notifications
  • Amortization Schedule
  • Approval Process Control
  • Asset Lifecycle Management
  • Audit Management
  • Audit Trail
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Capitalization Reporting
  • Cash Flow Management
  • Commercial Leases
  • Compliance Management
  • Configurable Workflow
  • Contact Database
  • Contact Management
  • Contract/License Management
  • Critical Date Alerts
  • Currency Conversion
  • Customizable Fields
  • Customizable Reports
  • Customizable Templates
  • Dashboard Creation
  • Data Import/Export
  • Data Visualization
  • Document Management
  • Document Storage
  • Email Alerts
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Brokers
  • For Commercial Real Estate
  • For Equipment Leases
  • For Government
  • For Property Managers
  • For Real Estate
  • For Small Businesses
  • Forecasting
  • General Ledger
  • Income & Balance Sheet
  • Mobile Access
  • Multi-Currency
  • Multi-Location
  • Online Payments
  • Payment Tracking
  • Portfolio Management
  • Project Management
  • Real-Time Reporting
  • Reminders
  • Reporting & Statistics
  • Reporting/Analytics
  • Retail Leases
  • Search/Filter
  • Task Management
  • Tax Management
  • Third-Party Integrations
  • Transaction History
  • Transaction Management
  • Total features44
  • API
  • Access Controls/Permissions
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts/Escalation
  • Alerts/Notifications
  • Amortization Schedule
  • Approval Process Control
  • Asset Lifecycle Management
  • Audit Management
  • Audit Trail
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Capitalization Reporting
  • Cash Flow Management
  • Commercial Leases
  • Compliance Management
  • Configurable Workflow
  • Contact Database
  • Contact Management
  • Contract/License Management
  • Critical Date Alerts
  • Currency Conversion
  • Customizable Fields
  • Customizable Reports
  • Customizable Templates
  • Dashboard Creation
  • Data Import/Export
  • Data Visualization
  • Document Management
  • Document Storage
  • Email Alerts
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Brokers
  • For Commercial Real Estate
  • For Equipment Leases
  • For Government
  • For Property Managers
  • For Real Estate
  • For Small Businesses
  • Forecasting
  • General Ledger
  • Income & Balance Sheet
  • Mobile Access
  • Multi-Currency
  • Multi-Location
  • Online Payments
  • Payment Tracking
  • Portfolio Management
  • Project Management
  • Real-Time Reporting
  • Reminders
  • Reporting & Statistics
  • Reporting/Analytics
  • Retail Leases
  • Search/Filter
  • Task Management
  • Tax Management
  • Third-Party Integrations
  • Transaction History
  • Transaction Management

Integrations

  • Total integrations7
  • Dropbox Business
  • Gmail
  • Google Analytics 360
  • Google Calendar
  • Google Maps
  • Mailchimp
  • Meta for Business
  • Microsoft Excel
  • Microsoft Outlook
  • Microsoft Power BI
  • PayPal
  • QuickBooks Online
  • QuickBooks Online Advanced
  • Shopify
  • Slack
  • Stripe
  • WordPress
  • Xero
  • Zapier
  • authorize.net
  • Total integrationsN/A
  • Dropbox Business
  • Gmail
  • Google Analytics 360
  • Google Calendar
  • Google Maps
  • Mailchimp
  • Meta for Business
  • Microsoft Excel
  • Microsoft Outlook
  • Microsoft Power BI
  • PayPal
  • QuickBooks Online
  • QuickBooks Online Advanced
  • Shopify
  • Slack
  • Stripe
  • WordPress
  • Xero
  • Zapier
  • authorize.net

Alternatives

Explore similar apps

MRI Prolease
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FMIS Fixed Asset Management
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User reviews that mention these apps

kr
AvatarImg

kyle r.

Hospital & Health Care, 201-500 employees

Used monthly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Trullion logo

Trullion

HSCL Lease Accounting

Reviewed a year ago

Being in compliance with ASC 842 lease accounting standards.

Pros

Once I understood what I needed to do with each lease. It was fairly easy to set up in your system. Our audit team was able to understand the reports and apply them to the annual audit workpapers.

Cons

As I am new to the software, it is always a learning experience but we scheduled another walkthrough with Customer Support and it was very helpful.

SF
AvatarImg

Suzanna F.

Accounting, 201-500 employees

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Trullion logo

Trullion

Great Lease Accounting Software

Reviewed 3 years ago

Great product, helpful and responsive team. Looking forward to more features!

Pros

Great and coherent product that organizes lease accounting workflows and reporting. The audit trail is extremely convenient as it saves time and effort for the auditors and the accounting team. Export data to Excel is available at any stage.

Cons

If you have many variables in your lease, the reporting takes time to process

LG
AvatarImg

LaShonte G.

Oil & Energy, 1,001-5,000 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Trullion logo

Trullion

Trullion Review

Reviewed a year ago

The implementation of Trullion was completed smoothly; the best implementation I have seen with a Lease software. I like the ease of use of the software and it simple presentation.

Pros

The system is fairly easy to use even without training.

Cons

The reports section isn't very robust. For monthly account reconciliation, it would be nice to have a Rollforward report which isn't embedded within the Disclosure Report.

FL
AvatarImg

Fer L.

Electrical/Electronic Manufacturing, 10,001+ employees

Used other for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Trullion logo

Trullion

Amazing, Accurate accounting software

Reviewed 3 years ago

Very comfortable UI, can get all of my data at any point. I love the audit trail. At the end of the year everything is prepared for me in a very simple way. Great and helpful customer support team as well.

Pros

Accessible and well-organized software. I get all of the data I need for auditors in a simplified and organized fashion. The data is organized in a way to improve lease management. Easily exportable Excel extraction at all stages.

Cons

The integration with SAP could be simpler, looking forward to future improvements