Case Study: McLeod Health achieves 40+ hours saved on lease disclosures with FinQuery

LeaseQuery Saves McLeod Health 40+ Hours on Lease Disclosures

McLeod Health, a nonprofit healthcare system in South Carolina with 550+ leases and over 9,000 employees, was managing lease data in spreadsheets and faced risk of noncompliance with the new ASC 842 standard. To replace manual tracking and ensure accurate disclosures, the finance team evaluated lease accounting solutions and selected FinQuery’s lease accounting platform.

FinQuery implemented a centralized, user-friendly lease accounting solution that streamlined reporting, supported custom journal entries, and provided responsive support. As a result, McLeod Health saved more than 40 hours on required financial statement lease disclosures, gained auditor‑trusted reports, reduced audit anxiety, and increased visibility and responsiveness across departments.

McLeod Health

Courtney Cribb

Director of Finance