LeaseQuery Is Helping RaceTrac Comply With Confidence

Our cloud-based software met all of their needs

Challenge

The team at RaceTrac initially decided to transition to the new standards using two systems, one which would help with their initial lease accounting, and another that could handle their needs moving forward. After reviewing a demo of the platform they decided to use long-term, the RaceTrac team knew they needed another solution.

Solution

After viewing a demo of the LeaseQuery solution, RaceTrac decided to partner with LeaseQuery for both their short-term and long-term needs. Not only were they happy with the product, but they also felt having a technical accountant on their demo helped them feel more prepared for compliance.

“They were very knowledgeable about the standard and the reporting requirements that we needed.”

– Kelly Defrates, Financial Accounting Senior Manager

ASC 842 Case Study