Visual Lease vs Sage 100 Cloud

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Our analysts compared Visual Lease vs Sage 100 Cloud based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Sage 100 Cloud Software Tool

Product Basics

Visual Lease provides a comprehensive software platform designed to assist businesses with lease accounting and administration. The software is particularly beneficial for companies managing multiple or complex leases, offering a centralized system to track and organize lease data. Visual Lease helps streamline lease management tasks, improve compliance with accounting standards, and reduce overall lease costs.

Key features include lease payment tracking, maintenance scheduling, report generation, and compliance monitoring. The software's pricing falls within the mid-range for similar products and offers various payment options. Customer support is also highly regarded. Visual Lease integrates with other financial systems, providing a seamless experience for managing lease accounting alongside other financial processes.

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Sage 100cloud is a cloud manufacturing ERP that extends security and compliance to its users. It's scalable and is equipped with configurable settings that meet varying business requirements.

Production management, tailored scripting, inventory requirements planning and analytics just a handful of Sage 100cloud's fundamental accessories.
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Email
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Supervise Leases: Keep leases centralized in one location, facilitate operations and pinpoint savings for every lease with the lease management module. 
  • Simplify Reporting: Leverage more than 100 pre-built templates to generate reports with ease or create reports from scratch with the reporting generator, providing users with greater customization options. 
  • Compliance Assurance: Leverage easy calculations to guarantee regulatory compliance throughout all stages of the lease process, such as modification, impairment, termination, abandonment and more. 
  • Flexible Data Transfer:  Implement lease data across different companies with protected auditable file transfers and pliant application programming interface (API). 
  • Centralized Financial Management: Merge every crucial financial system, so every piece of data needed is in one place with automatic calculating. 
  • Modifiable: Utilize tailored reports, infinite fields and dashboards to meet individualized organization requirements. 
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  • Improve Transparency: Implement real-time snapshots of every item and establish faithful delivery expectations to increase customer satisfaction as well as catch hangups and issues before they become major problems. 
  • Diminish Hazards: Comply with ever-changing industry regulations and requirements with smooth audit tracking. 
  • Perform More Tasks: Work with a configurable user interface, workflows, automation add-ons and more to align with an organization's practices. 
  • Boost Accuracy: Maintain costs as well as track labor, direct AP costs, overhead costs and other job-related qualities, providing users with visibility into production costs. 
  • Maximize Inventory: Operate inventory requirements planning to merge sales order intel with manufacturing processing information to understand when inventory ordering is necessary. This module also decreases mistakes with built-in analytic tools.  
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  • Reporting: Create various detailed template-based or ad-hoc reports with the reporting apparatus. Users may also customize documents according to lease type, location, contract date and other valuable information. 
  • Integrations:  Integrate with other solutions such as SAP, Sage, Looker, Tableau, Qlik and more to upload journal entries into general ledgers and evaluate data with the right BI tools. 
  • All-Inclusive Audit Trail: Evaluate changes made with the detailed audit trail component and verify if all actions meet regulations with the approval workflows and permissions extensions. 
  • Chronicle Leases: Record essential dates, contacts, and terms linked to every lease and swiftly search for needed information. 
  • Importing: Import journal entries into general ledgers or trace rent via accounts payable. 
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  • Customization: Import data throughout various programs and make Sage 100cloud fit unique business needs with the custom scripting apparatus. Users may also customize the user interface and add as many data fields as needed to gather the right amount of information to keep their company compliant. 
  • Sales: Evaluate critical vendor and client information with Microsoft Outlook via the sales tool. It enables users to modify permissions to gain intel on customers' available credit, outstanding balances and the average time taken to pay bills. 
  • Planning: Expedite planning methods to ensure sleek operations and tactical decisions are made with the budgeting and planning appliance. This tool also boosts internal and external teamwork, authenticity and momentum. 
  • Analytics: Redirect attention to the analysis and explanation of vital data, build adjustable reports and promptly send reports with the analytics attribute. 
  • Inventory Requirements Planning: Study existing supply and demand functionality with a transparent view of inventory stock levels, available purchase and sales orders and production material necessities with the inventory requirements planning module. 
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Product Ranking

#184

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Accounting Software

#391

among all
Accounting Software

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User Sentiment Summary

Excellent User Sentiment 110 reviews
Good User Sentiment 518 reviews
94%
of users recommend this product

Visual Lease has a 'excellent' User Satisfaction Rating of 94% when considering 110 user reviews from 2 recognized software review sites.

77%
of users recommend this product

Sage 100 Cloud has a 'good' User Satisfaction Rating of 77% when considering 518 user reviews from 4 recognized software review sites.

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4.6 (14)
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3.6 (172)
4.65 (55)
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4.7 (55)
4.1 (256)
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3.5 (76)

Awards

Visual Lease stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Centralized Lease Repository: Visual Lease provides a single platform to store and manage all lease agreements, eliminating the need for paper files or spreadsheets. This allows for easy access to lease data and documents, improving efficiency and organization.
Automated Lease Accounting: The software automates lease accounting calculations, ensuring compliance with ASC 842 and IFRS 16 standards. This reduces the risk of errors and saves time for accounting teams.
Lease Reporting and Analytics: Visual Lease offers robust reporting and analytics capabilities, providing insights into lease portfolios and enabling data-driven decision-making. Users can generate custom reports on key lease metrics, such as lease expirations, rent obligations, and critical dates.
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Simple Implementation: Precisely 83% of users stated this program has simple implementation processes and a user-friendly interface.
Features Aplenty: This solution comes with a wide array of features such as budgeting and forecasting, inventory requirements planning, accounting, CRM and more, according to 51% of users.
Reliable: Of the users who discussed Sage 100cloud's performance, 47% stated it was a reliable program that streamlined production and met their business needs.
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Limited Customization: Users have expressed frustration with the lack of flexibility in tailoring reports and dashboards to their specific needs, especially when it comes to intricate lease accounting calculations.
Usability Challenges: Navigating the platform's interface and features can be cumbersome, particularly for those new to lease accounting software. The learning curve can be steep, leading to inefficiencies and a need for extensive training.
Integration Issues: Integrating Visual Lease with existing accounting systems or other software can pose challenges, requiring additional configuration and potentially leading to data synchronization problems.
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Glitches: According to 52% of users, this solution has the occasional glitches and freeze-ups.
Complicated Features: Roughly 41% of users believe the features are complicated and overwhelming, especially for those who own small businesses.
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Visual Lease appears to be a popular choice among businesses for managing their lease accounting needs, especially those seeking to comply with regulations like FASB, IFRS, GASB, and ISSB. Users frequently praise its user-friendly interface, which simplifies tasks such as tracking expenses, handling invoices, and generating reports. This ease of use is a major plus, as it allows teams to quickly get up to speed with the software without extensive training. Additionally, Visual Lease offers a comprehensive suite of features covering various aspects of lease accounting, from asset lifecycle management and portfolio management to budgeting, forecasting, and tax management. This breadth of functionality makes it a versatile tool that can adapt to the diverse needs of different organizations. While some users note that the software can be complex initially and may require some guidance during implementation, the available support team is often commended for their responsiveness and helpfulness in addressing any challenges that arise. However, it's important to consider potential drawbacks. Some users mention that the pricing structure of Visual Lease might be a hurdle for smaller businesses with tighter budgets. Additionally, while the software's extensive features are generally seen as a strength, they can also contribute to a steeper learning curve for new users. Despite these considerations, Visual Lease seems to be a good fit for organizations of all sizes seeking a robust and user-friendly solution for lease accounting and management. Its ability to streamline processes, ensure compliance, and provide valuable insights into lease portfolios makes it a valuable asset for businesses looking to optimize their lease management practices.

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Sage 100cloud is a manufacturing solution intended for medium and large-sized businesses. It comes with a wide range of features such as inventory requirements planning, CRM, budgeting and forecasting, sales analytics and more. It has an easy implementation process and most users find it a reliable solution for their production practices. However, some users find that it lags in performance because it experiences glitches and freeze-ups. Some features are also complicated or a bit overwhelming for small businesses. Overall, the majority of users find this application a robust and effective tool.

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