CASE STUDY THE CHALLENGE Ruoff Home Mortgage’s Chief Analytics Ofcer, Chief Accounting Ofcer, and Assistant Controller were concerned that using Excel for ASC 842 compliance would create data integrity and resource management issues. Additionally, they wanted a tool to automate the scheduling of tasks and reminders related to leases. The right solution had to t these criteria: GEORGE KIPROFF CHIEF ANALYTICS OFFICER Ruoff Home Mortgage Ditches Excel for Full Compliance with LeaseQuery We wanted a solution that was turnkey – a system that any staff member could use and manage. PRIVATELY OWNED, BASED IN INDIANA APPROX. 160 LEASES, REAL ESTATE & EQUIPMENT BANKING & FINANCE 650+ EMPLOYEES Offer actual journal entries, not just numbers Be web-based, to reduce the maintenance bu

Join for free to read