Case Study: Privately Held Construction and Engineering Consulting Firm achieves 200 hours saved annually and enhanced lease reporting with FinQuery

How a Private Company is Saving Time, Preventing Errors, and Enhancing Transparency

Privately Held Construction and Engineering Consulting Firm, which manages 100+ real estate leases, faced growing complexity from new lease accounting standards and time-consuming audit and reporting processes. To improve visibility into lease costs by reporting location, forecast the impact on debt covenants, and streamline lease document management, they engaged FinQuery’s lease accounting solution (adopted in 2016).

FinQuery centralized lease records, automated audit workflows, and delivered custom reporting and financial-statement footnote generation, enabling clearer interdepartmental communication and greater transparency. As a result, the firm saved about 200 hours annually, improved reporting accuracy, can quantify and forecast standard impacts and covenant effects, and receives ongoing expert support from FinQuery.