RSM is a global network of accounting firms, forming the sixth largest accountancy professional services network in the world by revenue.
The RSM AU CFO Advisory division wanted a lease accounting software solution to allow their clients to tap into powerful, cloud-based software that automates the complex and time-consuming tasks of complying with lease accounting standards.
To make this decision, RSM tested and benchmarked numerous lease accounting software vendors. While also collaborating with RSM firms internationally to leverage their knowledge in the space.
Cradle's lease accounting software is precisely engineered to comply with the new lease accounting standards. All aspects of the software, even the ability to audit the numbers, are extremely straightforward.
Not only was the software easy to use, but it could also handle any lease permutation RSM could throw at it. This flexibility was a priority given RSM will be providing their services in a wide array of industries.
Part of RSM's Advisory services is to prepare their clients' financial statements. Out of the box, Cradle comes with all financial statements reports, including the required disclosures. By using Cradle, even the excel exports are formatted and formula linked. As a result, RSM could prepare a set of financial statements in seconds, with no compromise in accuracy.
Cradle’s all-in-one platform, in the hands of RSM’s experienced CFO Advisory team, will improve the speed, accuracy, and reliability of our client’s lease accounting process. By leveraging a combination of data and process standardization, embedded internal controls, and real-time reporting, we will have clear visibility into their lease portfolio.
Audit & CFO Advisory Partner