Compare Visual Lease vs. iCoral

Visual Lease is the most popular lease accounting and management software. It simplifies compliance with ASC 842 and IFRS 16. Visual Lease's powerful platform is built with years of embedded knowledge, including from top lease experts and CPAs. It can support any size or type lease portfolio. Visual Lease is committed to providing top-notch customer service and offers in-house training, implementation, and support.

iCORAL offers a comprehensive management solution specifically designed for container leasing. It efficiently manages leasing activities for a vast number of containers, making it ideal for businesses of various sizes, from small enterprises to large corporations. The robust lease management feature encompasses all aspects, from the initial procurement to the final sale of containers. As a web-based platform, once it is set up in a central location, it grants access to users in offices globally. The software is built on a solid architecture that has been refined over the years. It allows for real-time generation of lease documents and accommodates various equipment sizes and types. iCORAL also keeps a version history and audit trail, facilitating straightforward data entry and the ability to duplicate existing leases. The system includes a workflow-driven approval process and the flexibility to customize lease terms according to general or client-specific requirements. Additionally, it supports diverse pricing models and payment terms, including DPP terms and location-specific redelivery caps, making it a versatile tool for companies in the container leasing industry. Overall, iCORAL stands out as a powerful ally for businesses looking to streamline their container leasing operations.