Occupier
23 Case Studies
A Occupier Case Study
Black Rock Coffee Bar, a fast-growing coffee chain with more than 125 shops across 8 states, struggled with inaccurate lease data in its legacy lease accounting software. The team at Black Rock Coffee found incorrect payment schedules, start dates, and commencement details, which made ASC 842 compliance and audit preparation extremely manual and time-consuming.
To fix this, Black Rock Coffee implemented Occupier’s lease administration and lease accounting platform to manage the full lease lifecycle in one system. With Occupier, the team can collaborate across real estate, legal, development, and accounting, and changes to lease dates now automatically update financials. The result has been greater accuracy, faster lease abstraction, clearer visibility into lease data, and less manual work for finance and accounting.
Sarah Iams
VP of Finance