Case Study: Ingles Markets achieves streamlined FASB 842 compliance and centralized lease management with MRI ProLease Direct

Ingles Markets - Customer Case Study

Ingles Markets, a regional supermarket chain operating roughly 200 stores across six southeastern states with nearly $4 billion in annual sales, faced the challenge of complying with the new lease accounting standard (FASB Rule 842) and managing a large portfolio of real estate and equipment leases. To address this, Ingles selected MRI ProLease Direct’s AMTdirect lease accounting solution to centralize lease data and simplify compliance.

MRI ProLease Direct implemented AMTdirect as a centralized platform providing consolidated lease information, active alerts and notifications to prevent missed critical dates, and advanced reporting for greater portfolio insight. The solution streamlined Ingles’ FASB 842 compliance, improved operational visibility across its estate, and reduced the risk of missed lease obligations.

Ingles Markets