Public Rental and Leasing Services Case Study

This case study outlines the engagement of a leading flexible workspace and portable storage solutions provider that was experiencing significant changes and rapid growth. The company faced challenges such as high turnover, the implementation of a new ERP system, and complex accounting issues related to the adoption of the lease standard ASC 842. Alliance was engaged to provide staff augmentation and support across various accounting functions. The scope of the engagement expanded to include lease accounting, internal controls assessment, ERP migration, technical accounting, and month-end close support. Alliance's approach ensured the client maintained financial excellence during this dynamic period. The solutions provided included lease implementation, ERP implementation, technical accounting advice, and interim support. The outcomes achieved included full compliance with ASC 842, a smooth ERP transition, strengthened internal controls, and stability during a major business combination and growth period.