Case Study: Smile Doctors achieves streamlined lease accounting and saves time with FinQuery

LeaseQuery Helps Improve Lease Accounting Processes For Smile Doctors

Smile Doctors, a growing private healthcare company with about 200 employees and roughly 170 real estate and equipment leases, was struggling to manage lease accounting amid the transition to ASC 842. Fragmented communications with lessors and between departments, plus the need to generate accounts payable files, support a dual-approval workflow, send critical-date alerts, and integrate lease data with financial systems, made the process error-prone and time-consuming—so Smile Doctors sought a more intuitive, robust lease accounting solution from FinQuery.

FinQuery implemented its lease accounting software to centralize lease entry, enable a smooth ASC 840-to-ASC 842 transition (including an efficient practical expedient election), and provide the integrations, approvals, and notifications Smile Doctors required. The result was a streamlined, less error-prone process that handles all 170 leases, saves staff time and resources, and increases confidence through FinQuery’s responsive support and practical, user-friendly tools.

Smile Doctors

Stephanie Troyer

Director of Accounting