Ellipsis Reviews

Visual Lease stands out as a leading solution for lease accounting and management. It effectively streamlines the adherence to ASC 842 and IFRS 16 standards. The robust platform of Visual Lease is crafted with extensive expertise, drawing insights from seasoned lease professionals and certified public accountants. It is versatile enough to accommodate lease portfolios of any size or variety. Furthermore, Visual Lease prioritizes exceptional customer service by providing comprehensive in-house training, implementation assistance, and ongoing support to ensure client success. This commitment to service excellence sets Visual Lease apart in the competitive landscape of lease management software.

Blue Sky's "Portfolio Manager" Lease Management Software offers a user-friendly SaaS solution for the centralized oversight of lease agreements. This platform enhances the management of lease and maintenance contracts throughout their entire lifecycle, thereby bolstering the audit process, lowering expenses, boosting cash flow, and reducing risk through a unified view that enhances enterprise value. Furthermore, Portfolio Manager facilitates comprehensive status management for ongoing leasing RFPs, enabling users to track statuses, notes, documents, and subsequent actions for each active project. The software supports efficient data entry through flat file data imports and is highly customizable, featuring extensive reporting functions. Users can export any data field to Excel via the report writer, and pre-built templates are designed to integrate with most ASC842 lease accounting software. Additionally, the automated management of end-of-lease terms includes customizable parameters and alerts, ensuring that users never overlook a lease expiration. For those with specific needs, custom programming options are also available, making it a versatile choice for lease management. Overall, Portfolio Manager stands out as a comprehensive tool for organizations looking to optimize their lease management processes effectively.

rAbstract, a specialized software created by Realogic, focuses on the abstraction and management of commercial property leases along with crucial documents like mortgages, partnership agreements, and service contracts. This powerful and flexible tool is crafted to be intuitive, allowing individuals engaged in lease abstraction or the handling of commercial real estate documentation to operate more swiftly and effectively. As a cloud-based Software as a Service (SaaS) offering, rAbstract enables users to access the platform from virtually anywhere and on any device, as long as they maintain a stable internet connection. The software is equipped to produce an array of detailed, real-time reports, which assist in data management and analysis, thereby facilitating well-informed business decisions. Moreover, all data from leases and other significant documents is consolidated within a single, centralized database, fostering collaboration among multiple users who can contribute to projects from various locations. This centralized method not only boosts teamwork and productivity but also simplifies workflows, making rAbstract an essential tool for companies operating in the commercial real estate industry. Furthermore, the continuous updates and enhancements to the platform ensure that users benefit from the latest features and improvements.