Case Study: DFT Communications achieves 90% faster audit prep with Netgain NetLease

DFT Communications cuts audit prep time by 90% with Netgain

DFT Communications, a telecommunications provider in Western New York, faced significant challenges with ASC 842 lease accounting compliance. Their reliance on complex, manual spreadsheets became unsustainable as their portfolio grew, leading to excessive time spent troubleshooting and a burdensome audit preparation process. They sought a dedicated system and chose NetLease from Netgain.

Netgain implemented its NetLease solution, which automated lease accounting and provided built-in reporting tailored for audits. This resulted in a 90% reduction in audit preparation time, saving the DFT Communications accounting team over 40 hours annually. The solution streamlined their entire compliance process, making it scalable and far more efficient.

DFT Communications