Wendy's
Wendy's sought an enterprise solution that could streamline their lease administration and accounting strategy and assist in their ambitious domestic and overseas growth.
As the quick service giant has continued to expand both its North American and international footprints, they faced challenges finding a lease administration tool that could effectively manage the rent payments and critical dates of thousands of leases, and one that could give them a holistic view of their extensive network of franchise leases. As the deadline for public companies loomed, achieving and maintaining long-term compliance to the FASB ASC 842 standard was also a major concern.