Customizing a platform to meet their unique organizational requirements.
Apex Tool Group (ATG), one of the largest manufacturers of professional hand and power tools, leverages Visual Lease to manage over 300 real estate, equipment, and vehicle leases, achieving streamlined lease accounting compliance, efficient global lease management, and enhanced financial reporting.
“Using Visual Lease, the ATG team has been able to quickly produce quarterly reports.”
System User,
at Apex Tool Group
Since partnering with VL, Apex Tool Group has:
Centralized and automated the management of over 300 leases across 30+ countries, enabling easy access and updates.
Enabled quick generation of quarterly reports, including FASB journal entry summaries and balance sheets, without the need for external manipulation.
Achieved ASC 842 compliance with a fully configurable system that integrates seamlessly with existing business processes.
