Case Study: Silver State Schools Credit Union simplifies ASC 842 compliance with Cradle Accounting

Silver State Schools Credit Union - Customer Case Study

Silver State Schools Credit Union, a member-owned financial cooperative, faced the immense challenge of implementing the ASC 842 accounting standard, which it knew would be prohibitively time-consuming to handle manually. Seeking an affordable and user-friendly software solution to automate this compliance, the credit union evaluated several vendors before discovering Cradle.

Cradle provided a straightforward software solution that easily handled the credit union's lease portfolio requirements. The implementation resulted in a seamless and rapid onboarding process for their lease data and simplified financial reporting. By using Cradle, Silver State Schools Credit Union was able to achieve full compliance with ASC 842 with minimal effort.

Silver State Schools Credit Union

Cody Goulding

Controller