LeaseQuery addressed all of their lease accounting needs and provided several other valuable features

Challenge

Cologix knew they needed a big solution to handle the complexities of the new lease accounting standard. In addition to being easy to use, the software had to be a multi-user solution that also offered complex reporting. After researching other lease accounting software, Cologix chose LeaseQuery.

Solution

In addition to meeting their requirements, Cologix was also happy that the software offered several other features to help reduce the burden of their transition to the new lease accounting standard. Now, they are working with the LeaseQuery team to transition to the new lease accounting standard and curate a more unique experience for them within the software. They are early in their transition process, but the Cologix team already anticipates the software will save them significant time in the future instead of toiling through Excel.

“One repository that will hold all of our information. That definitely made sense. The reporting around it is nice because it’s not Excel where we have to manipulate all the data – it’s just all there.”

– Garrett Sheffield, Assistant Controller