Case Study: Salesforce saves thousands of hours and streamlines lease accounting with LeaseAccelerator

Salesforce saves thousands of hours and streamlines lease accounting

Salesforce, the San Francisco–based cloud leader, was managing roughly 2,000 leases (about 1,500 tech equipment and 500 real estate/data center leases) across decentralized spreadsheets and CoStar. With new lease accounting standards looming and SOX compliance concerns, Salesforce needed a scalable, centralized lease accounting solution and selected LeaseAccelerator to replace its fragmented processes.

LeaseAccelerator deployed its lease lifecycle automation/subledger and integrated it with Salesforce’s Oracle ERP and BlackLine, centralizing lease documentation, enabling API-based data uploads and BI reporting, and supporting SEC MAR and SOC1/SOX requirements. LeaseAccelerator now manages Salesforce’s $5B portfolio (≈2,000 leases and 120,000 assets), streamlined reporting and reconciliations, and — per Salesforce — saves “thousands of hours per year” while improving visibility for finance, tax, operations and data teams.

Salesforce

Blake Wolffis

Lease Accounting Manager