Case Study: E-Commerce Sleep Product Retailer achieves FASB ASC 842 lease compliance and scalable lease accounting with Tango

E-Commerce Sleep Product Retailer - Customer Case Study

E-Commerce Sleep Product Retailer, an online-born retailer expanding to over 20 brick-and-mortar locations with plans for 200 more, faced rapidly growing lease complexity and the looming FASB ASC 842 deadline. Their spreadsheet-based approach could no longer support property, equipment, and embedded leases or ensure regulatory compliance, so they evaluated solutions and selected Tango’s lease administration and lease accounting software.

Tango deployed its ASC 842–ready lease accounting and administration platform, delivering an intuitive, enterprise-class system sized for a mid-market company. The implementation centralized lease data, eliminated reliance on spreadsheets, and ensured ASC 842 compliance while providing the scalability and ongoing support the retailer needs to manage current leases and future expansion.