Case Study: JRayl Transport achieves ASC 842 compliance with insightsoftware EZLease

JRayl achieves compliance on a tight budget

JRayl Transport, an Ohio-based trucking and logistics company, was managing 850 leases across multiple spreadsheets. With only three part-time resources, a limited budget, and a short implementation window, they needed a fast, easy, and affordable way to stay compliant with ASC 842. insightsoftware’s EZLease lease accounting software was chosen to help address these challenges.

With insightsoftware’s EZLease, JRayl Transport uploaded leases from templates, centralized lease data, and began producing monthly journal entries in compliance with ASC 842. The company also uncovered undervalued copy machines that had been left out of the lease count, reducing audit risk. As a result, JRayl shortened month-end close time, improved lease reporting accuracy, and gained better visibility into future lease payment schedules.

JRayl Transport

Nancy Hetki

Senior Accountant