Case Study: Shoe Sensation passes audit and streamlines lease accounting with FinQuery

LeaseQuery Helped Shoe Sensation Pass Audit With Flying Colors

Shoe Sensation, a footwear retailer with 200+ locations and a lease portfolio that includes 230 business leases and 46 vehicle leases, was managing lease accounting in Excel and struggling with incorrect data, poor reporting and missed deadlines as it prepared for ASC 842 adoption. To replace error-prone spreadsheets and ensure compliance, Shoe Sensation chose FinQuery’s lease accounting solution.

FinQuery delivered an intuitive lease accounting platform, training and reporting tools that let Shoe Sensation build reports in minutes, receive automated reminders for critical dates, and significantly reduce manual errors. The implementation helped streamline audit preparation and the company “passed our audit with flying colors,” with auditors calling the system the easiest they had worked with.

Shoe Sensation

Katie Robinson

Assistant Controller