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Franchise Management Inc. Partners with LeaseQuery to Increase Efficiency and Ensure Accuracy for their Lease Data

The Challenge

Franchise Management Inc. (FMI), one of the largest restaurant franchisees in North America, needed a more reliable way to pull lease reports and track rent escalation. Prior to LeaseQuery, the company was using a Microsoft database to track leases and updating reports manually in Excel.

The Solution

After identifying the need for a lease accounting software solution, FMI selected LeaseQuery to track their leases, set up critical alerts, and establish a more efficient reporting process. Along with the drive to select a purpose-built lease accounting solution, FMI identified the software’s competitive price point and ease of use as key factors in the decision-making process.

“With LeaseQuery, our organization is able to easily stay on schedule with rent payments and escalations, while conserving resources internally. The reporting function of LeaseQuery allows us to run reports and adjust as needed to share with auditors.”