Case Studies
“It is extremely simple for us to get to our lease disclosures. We have better end-of-term management and evergreen health and it takes a load of time off of all of our accountants.”
Kylie Coker, Senior Technical Accountant, Novelis
Fred Weimer,
Finance Manager
“Using the docs that LeaseAccelerator provides, … we have standardized contractual language when we’re going out for the RFP.”
Veronica Campos,
Finance Manager
“We have audit traceability now that we didn’t have before. What we spent weeks doing [for the audit], now we just spend a few hours.”
HP
70,000 contracts
Audit prep in hours
Used to take weeks
Products used
Enterprise Edition
Novelis
Lowered costs
Through Lease vs. Buy and end-of-term management
Reduced errors and manual work
Using automated modifications, reassessments and reporting
Products used
Enterprise Edition
Hain Celestial
3 months
Dozens of acquisitions
Merged into centralized lease accounting system
Products used
Enterprise Edition
DOW
Reduced team 43%
Took lease accounting team from seven people to four
Managing $2.3B of leases
Processing over 250 lease contracts each month
Products used
Enterprise Edition
Carnival
Managing $1.2B leases
Across 200 international and complex leases
Multiple standards
Driving compliance in multiple currencies
Products used
Enterprise Edition
Beverie Joy D
Senior Lease Accounting
Staff Enterprise
“Lease Management Accelerated. LeaseAccelerator provides comprehensive reports for lease data, accounting and management. Each organization using LeaseAccelerator is also assigned a Customer Success Manager who helps to ensure that us, users of the software, are heard.”
John M
“Easy transition, great customer service.
Our team has had an awesome experience with the Customer Service team.”
Chosen by Global 2000 Companies
Comply with ASC 842, GASB 87, and IFRS 16
Administer real estate lease portfolios
Manage equipment lease portfolios
Competitive source equipment finance
See what others saved on equipment leases
Competitive bidding across 500+ lessors
Cummins Equipment Lease Management Case Study
Cummins’ Equipment Case Study Winner of the Treasury & Risk Alexander Hamilton Awards for Technology Excellence Learn the benefits Cummins achieved by centralizing Equipment Lease…
OSF HealthCare Lease Accounting Case Study
OSF HealthCare began looking for a lease management solution when they realized their manual approach wouldn’t be sustainable for meeting the requirements of ASC 842. The company also needed to…
NuStar Lease Accounting Case Study
Read the lessons learned from NuStar Energy’s journey to comply with the new lease accounting standards and the benefits achieved from implementing an enterprise lease accounting software application: Compliance NuStar…
IFF Lease Accounting Case Study
Len Neuhaus, leader of the Project management Office at multi-billion dollar flavors, fragrances, and cosmetics leader IFF discusses the company’s approach to complying with the new ASC 842 lease accounting standards. Topics include…
Tyson Foods Lease Accounting Software Video
Brian Martfeld, Director of Corporate Accounting at Tyson Foods discusses their approach to evaluating and selecting a lease accounting software vendor. Martfeld explains the challenges faced with complying with the new ASC 842 standard and…
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