Case Study

ACHIEVING FASB COMPLIANCE WITH A MODERN, SINGLE-PLATFORM LEASE ADMINISTRATION SYSTEM

ACHIEVING FASB COMPLIANCE WITH A MODERN, SINGLE-PLATFORM LEASE ADMINISTRATION SYSTEM

Pages 3 Pages

The #8 largest U.S. jewelry/watch retailer, Helzberg Diamonds, with 200+ nationwide locations, over 100 years in business, and $910M in annual sales, achieved FASB compliance using Accruent's Lucernex lease administration and accounting solution. This modern, single-platform system replaced their legacy lease admin and spreadsheet-based processes for site selection, project management, capital planning, and more. It enabled instant customizations with their terminology to meet end-user needs, streamlined the complete store lifecycle, and delivered exceptional efficiency through proven implementation methodology.

Join for free to read