Case Study: GOLFTEC achieves streamlined lease accounting and centralized lease management with Leasecake

Making Lease Accounting a Breeze for GOLFTEC’s 250+ Locations

GOLFTEC, a global leader in technology-based golf instruction and club fitting with more than 250 locations, needed a better way to centralize lease data and manage ASC 842 lease accounting requirements. Before working with Leasecake, their lease management process was spreadsheet-driven, fragmented, and time-consuming, making it difficult to keep data accurate, support expansion decisions, and reduce reliance on costly legal abstraction.

Leasecake provided GOLFTEC with a centralized lease management platform, automated lease abstraction, and ASC 842 compliance tools that streamlined rent schedules, journal entries, reconciliations, and access to key lease details. With Leasecake, GOLFTEC reduced manual data entry, improved real estate decision-making with instant access to lease information, and gained stronger operational control and customer support to help scale efficiently across its expanding footprint.

GOLFTEC

Chad Covak

VP of Real Estate