Visual Lease, a CoStar Group brand and a platform for lease management and accounting, announced its new status as a Workday Innovation Partner. This collaboration integrates Visual Lease’s platform with Workday Financial Management software.
The partnership aims to provide mutual customers with a comprehensive view of their lease portfolios, enhancing operational efficiency and control while mitigating risk. This integration includes preconfigured solutions for automated bidirectional exchange of financial data and support for compliance with FASB/IFRS and GASB 87/96 standards.
This development follows CoStar Group’s recent acquisition of Visual Lease, demonstrating a commitment to broadening solutions for customers. The partnership is expected to empower customers to make strategic decisions by providing accurate and timely financial information.
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