Case Study: Salesforce saves thousands of hours with insightsoftware LeaseAccelerator

Salesforce Saves Thousands of Hours and Streamlines Lease Accounting

Salesforce, the San Francisco-based cloud solutions company, needed a better way to manage its rapidly growing and highly complex lease portfolio. Its decentralized process relied on large spreadsheets and CoStar, but with new accounting standards approaching, the company needed a more scalable and compliant solution for its 500 real estate and data center leases and 1,500 tech equipment leases. Salesforce selected insightsoftware’s LeaseAccelerator to support lease accounting and compliance.

With insightsoftware’s LeaseAccelerator, Salesforce centralized lease management into a global center of excellence, created a single source of truth, and integrated lease data with Oracle ERP and Blackline. The platform now serves as Salesforce’s subledger for all leasing activity across a $5 billion portfolio, supports quarterly MAR reporting and monthly ledger exports, and helps maintain SOX compliance. Salesforce says it saves thousands of hours per year by using insightsoftware to manage monthly accounting across its complex lease portfolio.

Salesforce Inc

Blake Wolffis

Lease Accounting Manager