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Case Study: ESCO Technologies achieves centralized lease data and simplified audits with FinQuery
A FinQuery Case Study
LeaseQuery Centralizes Data and Simplifies Audits for ESCO
ESCO Technologies, a global provider of engineered filtration and fluid control products for aerospace, defense, space and other industries, faced fragmented lease accounting as subsidiaries managed leases independently. To centralize lease data and improve reporting accuracy for audits, ESCO selected FinQuery’s lease accounting software to unify records and simplify compliance workflows.
FinQuery implemented a centralized, user-friendly lease accounting system that automated journal entries and month‑end reporting, reducing manual errors and speeding audits. As a result, ESCO Technologies now has consolidated lease data, more efficient audit support, demonstrable ASC 842 compliance, and time savings from automated reports and responsive FinQuery customer service.
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ESCO Technologies
Lacey Gelsinger
ESCO Technologies