Lease Accounting Software Case Studies from Fortune 500 Companies.

Read our lease accounting software case studies to understand how Fortune 500 companies are complying with the new lease accounting standards and saving millions. These pioneers in Enterprise Lease Accounting are using our software to standardize lease versus buy analysis, competitively bid on new leases, reduce evergreen fees, and comply with the new FASB ASC 842 and IFRS 16 standards.

Some of Our Clients

Tyson Foods

One of the First Fortune 500 Companies to Implement the New Lease Accounting Standards

Tyson Foods Case Study
Tyson Foods is one of the early adopters of the new ASC 842 lease accounting standards. Learn from Tyson’s experience including their approach to the project, key lessons learned and pitfalls to avoid with:

  • Collecting, abstracting and reconciling data
  • Evaluating, selecting and configuring software
  • Integrating with SAP general ledger and accounts payable
  • Updating financial policies and controls
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What Our Clients Are Saying

In the first 18 months, through LeaseAccelerator's RFP process, we have successfully competed and awarded $41.7MM of equipment leases and lease-lines (including forklifts, automobiles, IT/servers, furniture & fixtures, broadcast/audio-visual, heavy equipment, etc.) in several countries and generated over $2.7MM of realized savings, which is an ROI of 12.8%.

Carol Pennington, Director, Treasury Projects - Cummins

We chose LeaseAccelerator because their technology and expertise delivered substantial visibility and savings to our capital expenditure finance processes.

Dale Reid, Treasurer, CFO - ATI

In 2007, Eaton saved $2.2 million on $12 million in leasing volume, thanks in part to LeaseAccelerator's services, which helped us achieve the best price from among competing lessors.

Trent Meyerhoefer, Vice President and Assistant Treasurer – Capital Markets Eaton Corporation

Without a Company such as LeaseAccelerator to manage and control the procure-to-pay process, and provide independent analysis and advice, we simply would not be doing leasing today and could not have managed this tremendous growth.

Chris Afarian, Assistant Treasurer NetApp Inc.

Cummins

Standardizing Lease Management Across a Global Enterprise

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Learn how Cummins Inc. saved millions on their equipment leasing program in this award winning case study. Understand the best practices Cummins applied to transform their global leasing program including:

  • Standardizing lease versus buy analysis
  • Competitive sourcing of lease pricing
  • Proactive end-of-term management
  • Systematic reduction of evergreen fees
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