Spacebase vs. Visual Lease

Spacebase is a lease administration and accounting platform designed for both accounting and real estate teams. We support ASC 842, IFRS 16, and GASB 87 compliance with audit-ready reporting and reliable ERP integrations. Our platform is built around speed and simplicity. Workflows that typically take 20 minutes in other tools, like adding an individual lease expense or reconciling a payment, take around 2 minutes in Spacebase. Our interface is clean and purpose-built, with no unnecessary complexity. We offer two AI assistants.

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.