Black Owl Lease Accounting Solution vs. Visual Lease

Black Owl Systems is a lease accounting software solution that helps organizations manage lease portfolios and maintain compliance with ASC 842, IFRS 16, and ASPE 3065. The platform centralizes lease data and documentation while automating critical accounting workflows such as journal entries, amortization schedules, rollforwards, and disclosure reports, reducing manual effort during month-end close.

Visual Lease simplifies lease accounting and lease management by giving organizations a single, trusted system to manage leased and owned assets. Purpose-built as a dedicated financial subledger, it supports accurate reporting, strong controls, and reliable collaboration across accounting, real estate, and sustainability teams, even in complex portfolios. The platform delivers clear, flexible reporting that reduces audit effort, improves visibility into financial and operational data, and supports confident decision-making.