LeaseQuery Centralizes Data and Simplifies Audits for ESCO
The Challenge
ESCO Technologies is a global provider of highly-engineered filtration and fluid control products and solutions to diverse and growing end-markets that include aerospace, defense, space, and more industries. Before using LeaseQuery, the subsidiaries managed lease accounting on their own.
The Results
ESCO wanted a simplified software solution to organize data and ensure reporting accuracy. Since implementing LeaseQuery, ESCO Technologies is impressed by the software’s ease of use. The automated system reduces errors and helps them manage lease data in a straightforward place, lessening human errors and ensuring accuracy.
“Audits are a common part of our process activities. System report printouts make it much easier to show the auditors how the numbers were derived. The auditors love the automated system support as there is less room for human error. LeaseQuery checks the box as far as compliance goes” – Lacey Gelsinger