Case Study: Panera Bread achieves ASC 842 compliance and streamlined store development with Tango

Panera Bread - Customer Case Study

Panera Bread, a fast-casual restaurant leader with over 2,100 bakery cafés, needed a single partner to modernize real estate strategy and store development while meeting new FASB ASC 842 lease accounting requirements. After evaluating options, Panera selected Tango and its Lease Administration & Accounting solution as part of Tango’s broader Store Lifecycle Management suite to replace disparate systems and support continued café growth and regulatory compliance.

Tango implemented its Transactions, Projects, and Lease products, integrated with Panera’s modelling and site-selection tool, to support new construction, remodels, refits, and lease accounting. The Tango solution delivered faster time-to-value and lower total cost of ownership, improved visibility into potential and remodeling sites, streamlined project management, and greater confidence in ASC 842 compliance for Panera Bread.

Panera Bread