Case Study: Green Street Power Partners achieves faster, audit-ready accounting with Nominal

How GSPP automates accounting to ensure maximum compliance and efficiency

Green Street Power Partners (GSPP), a national solar energy developer, faced significant challenges in managing its complex financial operations across over 280 entities using manual spreadsheet-based processes. Their finance team struggled with time-consuming monthly consolidations, inefficient intercompany eliminations, and ensuring compliance with ASC 842 lease accounting standards, which hindered growth and made their month-end close a stressful, prolonged effort. They turned to Nominal's AI-powered platform for a solution.

Nominal automated GSPP's multi-entity financial consolidations and intercompany eliminations, while its built-in features streamlined lease management for ASC 842 compliance. This transformation saved the company over 60 hours per month on financial processes, significantly accelerated their month-end close, and provided real-time financial visibility for executive decision-making, allowing the team to focus on strategic analysis and future growth.

Green Street Power Partners (GSPP)

Amir Richulsky

Chief Financial Officer