Case Study: Black Rock Coffee improves lease accounting compliance with Occupier

Black Rock Coffee improves lease accounting across 125+ locations with Occupier

Black Rock Coffee Bar, a rapidly growing coffee chain, faced significant challenges with lease accounting compliance due to a failed implementation of legacy software. This resulted in widespread inaccuracies in payment schedules and commencement dates, which required a painful, manual untangling during an audit by KPMG. The company turned to Occupier's lease management platform to unify its lease administration and accounting workflows.

By implementing Occupier, Black Rock Coffee centralized all lease data, allowing for seamless collaboration between its finance, legal, real estate, and development teams. The solution automatically recalculates financials for any lease changes, ensuring continuous ASC 842 compliance and providing always audit-ready data. This eliminated the need for the VP of Finance to manually review dozens of leases each month, saving significant time and ensuring data accuracy across its portfolio of 125+ locations.

Black Rock Coffee