Categories: New Case Study Pages

Penn State Health – New

Integrating technologies to save over 180 hours of work per year.

Penn State Health

Integrating technologies to save over 180 hours of work per year.

Read More

PennState Health, a leading multi-hospital health system, leverages Visual Lease to manage over 200 real estate and equipment leases efficiently. PennState Health significantly reduced its implementation time to 30 days, providing seamless integration with its ERP and compliance with ASC 842 standards.

“Visual Lease came highly recommended by Grant Thornton. We felt confident with our decision – and trusted that Visual Lease would be the long-term solution we needed to be compliant, integrate with our ERP and keep track of our leases.”

 

James Rogers,
Senior Financial Analyst at PennState Health

Read More >>

Since partnering with VL, Penn State Health has:

Automated reporting and streamlined lease management saved the organization 180 hours annually.

Centralized lease information makes it easy to update and access critical data, improving overall visibility and decision-making.

Achieved full system deployment in just 30 days significantly faster than the industry average of 90 days.

tspinelli

Share
Published by
tspinelli

Recent Posts

Understanding Accretion in Lease Accounting

Accretion is a term often used in various industries, including finance, but it can sometimes…

5 days ago

A Complete Guide to Commercial Lease Negotiations

We’re diving into the intricacies of GASB 96, a significant standard that government entities need…

1 week ago

Importance and Purpose of the Statement of Cash Flows

When discussing financial statements, most people think about the two most common ones: the Income…

2 weeks ago

Benefits of Accounting Software for Businesses

In today’s fast-paced business landscape, small and mid-sized businesses (SMBs) face numerous challenges in managing…

2 weeks ago

Asset retirement obligation under ASC 842, IFRS 16 and GASB 87

If you have signed an operating lease for space, built leasehold improvements, and determined that…

3 weeks ago