WOODBRIDGE, N.J.--(BUSINESS WIRE)--Visual Lease, the leader in lease accounting and management software, today announced the company was named No. 10 on NJBIZ’s list of New Jersey’s 50 Fastest Growing Companies in 2020. This recognition highlights Visual Lease’s rapid growth and commitment to its strong culture.
The awards program honors New Jersey’s most dynamic companies that contribute to the state’s economic growth and stability. Visual Lease’s revenue nearly quadrupled from 2017 to 2019, and to support its ongoing expansion, the organization has grown its headcount by 325 percent in over the last three years.
"We are incredibly honored and humbled to be named among the fastest-growing companies in New Jersey,” stated Visual Lease Founder and CEO, Marc Betesh. “Visual Lease’s debut on this list can be attributed to our industry-leading lease optimization software and unparalleled customer experience. Our 98% customer retention rate is undoubtedly powered by a dedicated and growing team, and I look forward to what we will continue to accomplish together.”
To qualify for this award, companies must have reported revenue of at least $500,000 each year from 2017 to 2019.
Earlier this year, Visual Lease gained recognition within the top 10 percent on the Inc. 5000 list of fastest-growing companies in America and the top third of high-growth companies on the Deloitte 2020 Technology Fast 500™. Visual Lease was also recognized by NJBIZ as one of the Best Places to Work in New Jersey. Since 2016, Visual Lease has grown its employee base by more than 1,000 percent and has plans to increase headcount by an additional 50% in 2021.
To learn more about Visual Lease’s culture and open job opportunities, visit its career site.
About Visual Lease
Visual Lease provides lease accounting and lease administration software solutions to help companies manage, analyze and report on their leased asset portfolios, including real estate, equipment and more. The company’s SaaS platform combines GAAP, IFRS and GASB-compliant lease accounting controls with sophisticated and flexible lease portfolio administration. Over 700 of the largest publicly traded and privately-owned corporations, retailers, hospitals and institutions around the globe rely on Visual Lease’s cloud-based SaaS platform to meet operational and compliance requirements. For more information, please visit visuallease.com.