Case Study: General Glass International cuts audit time and speeds lease accounting with Spacebase

Why GGI Adopted Spacebase to Modernize Equipment Lease Accounting

General Glass International (GGI), a leading custom glass fabricator and national distributor, was managing equipment lease accounting in Excel. As lease activity grew and ASC 842 requirements became more complex, the team struggled with 30+ tabs, difficult reconciliations, and time-consuming audit preparation. GGI turned to Spacebase to modernize its equipment lease accounting process with a centralized lease accounting system.

Spacebase implemented its lease accounting module and migrated GGI’s data from Excel into a single source of truth. The result was faster month-end close and audit prep: non-cash journal entries went from hours to about two minutes, audit time dropped by roughly 80%, and finance leadership eliminated an estimated 10–20 hours of annual audit preparation. Spacebase also gave auditors direct access to reports, helping GGI streamline ASC 842 compliance and reduce manual work.

General Glass International

Bill Paulin

Chief Financial Officer