Case Study

CASPER SLEEP

CASPER SLEEP

Pages 1 Pages

? ? ? | PAGE .1 TANGO ? 9797 Rombauer Road, Suite 450, Dallas, TX 75019 ? +1 (855) 938-2646 ? info@tangoanalytics.com ? tangoanalytics.com BACKGROUND Casper Sleep is more than a leading e-commerce mattress company. With the goal of becoming the “Nike of Sleep” , Casper has transformed from a pureplay online heritage to an omni-channel sales model which currently includes over 20 brick and mortar retail locations, with plans to open at least 200. More locations mean more leases, including property, equipment, and embedded leases. With the deadline of FASB ASC 842 looming, Casper knew that the increasing level of complexity meant they could no longer rely on spreadsheets to manage the proper administration and accounting for their leases. CHALLENGES Because of their start as

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