Case Study: Global Fast-growing Fast-food Chain achieves leaner operations and rent savings with Accruent

How this global fast-growing fast-food chain increased efficiencies and insight by using the Lx Contracts lease accounting software as a single source of truth

The Global Fast-growing Fast-food Chain is a rapidly expanding restaurant company with more than 630 locations and $1.5 billion in annual revenue. Before working with Accruent, it relied on Excel to manage lease accounting, which made it difficult for finance and lease administration teams to find information, streamline forecasting, and reduce time spent on manual research and rent schedule reconciliation.

Accruent implemented Lucernex Lx Contracts as a single source of truth for lease administration and accounting. The solution centralized data, improved transparency, and helped identify lease inconsistencies through a Variance Report, resulting in leaner operations without added hires, recovery of over $30,000 in incorrectly paid rent, and support for continued expansion into new locations.