Case Study: American Axle & Manufacturing achieves centralized lease visibility and ASC 842 compliance with Visual Lease

Managing a global lease portfolio is made easier with Visual Lease

American Axle & Manufacturing (AAM), a global automotive and mobility supplier with about 85 sites and roughly 1,000 leases, faced the challenge of organizing disparate lease data spread across finance teams and spreadsheets to meet ASC 842 reporting and audit requirements. To replace error-prone manual processes and enable easy reporting and user adoption, AAM selected Visual Lease and moved its real estate, equipment, fleet and IT leases into the Visual Lease platform.

Visual Lease helped AAM import and centralize lease data, automate approvals, and drive new lease controls administered by finance, giving treasury and the CFO real-time visibility into portfolio trends, cash flows and compliance. The centralized Visual Lease repository enabled quarterly control testing and improved audit readiness, and delivered tangible business impact — for example, procurement used Visual Lease data to renegotiate better, portfolio-wide pricing for forklift leases — while eliminating reliance on spreadsheets and streamlining ASC 842 reporting.

American Axle & Manufacturing

Arianne Ault

Director Treasury & Capital Markets