Case Study: Tyson Foods achieves greater lease visibility and ASC 842 compliance with LeaseAccelerator

Tyson Foods achieves greater visibility into lease portfolio

Tyson, a global food processing company with 142,000 employees, faced decentralized lease data across 15 sources for roughly 2,000 leases (portfolio value $450M) covering equipment, real estate and vehicles. The company needed an integrated solution that provided asset-level accounting, SAP integration and support for a 4‑5‑4 fiscal calendar to achieve ASC 842 compliance, and evaluated multiple vendors before selecting LeaseAccelerator.

LeaseAccelerator was implemented as Tyson’s lease subledger and Lease Lifecycle Automation platform, replacing legacy systems and integrating with the general ledger and accounts payable; a five‑person cross‑functional team completed the rollout in six months. As a result, Tyson gained centralized visibility into its 2,000‑lease portfolio, achieved ASC 842 reporting compliance without adding headcount or extra cost, and improved lease management and operational efficiency.

Tyson

Brian Martfeld

Director of Corporate Accounting