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Submitted URL: https://blog.leasequery.com/e3t/Ctc/ON+113/cpM7z04/VVJ_bY2183SgW7ZfNVz1DnfknW28qdJZ4H1S3YN6mkvqt3q3phV1-WJV7CgFc0W77c2Nb5DTw...
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 * Software
   * Lease Accounting Software
   * GASB 96 Software
   * Lease Management Software
   * Integrations
 * Solutions
   * by Standard
     * ASC 842
     * GASB 87
     * IFRS 16
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SOUTHERN ILLINOIS UNIVERSITY PARTNERS WITH LEASEQUERY TO BE COMPLIANT WITH GASB
87

VIEW THE CASE STUDY


LEASEQUERY PROVIDES SIU WITH A LONG TERM LEASE ACCOUNTING AND LEASE MANAGEMENT
SOLUTION


CHALLENGE

With the GASB 87 deadline approaching and their lease portfolio growing, SIU
knew they needed a lease accounting solution. SIU understood the complexities of
compliance and knew Excel and their current accounting software was not going to
be sufficient. This large Midwest university formed a seven person,
multi-department team and set out to find a GASB 87 compliant lease accounting
tool that would account for leases on both the lessor and lessee side.


SOLUTION

After much research and consideration, LeaseQuery was the only solution that met
all of SIU’s requirements. LeaseQuery’s user-friendly solution helped the team
operate more efficiently across three university campuses. Furthermore, SIU
appreciates the LeaseQuery team’s quick response time and support throughout the
entire process.

“Because I saw that LeaseQuery was made by accountants for accountants, I knew
that you all would be speaking the same language as our accountants, and to me,
that stood out in a good way compared to other vendors we researched.”

– Tina Galik, Assistant Treasurer

VIEW THE CASE STUDY



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