CK's Bakery scaled from one outletto 100+, without slowing down finance.
A fast-growing bakery chain uses the AccEase Lease Management Tool to bring every new store on-book the day the lease is signed, including rapid Bengaluru expansion.
Expansion moving faster than Excel could keep up.
CK's Bakery started in 2015 with a single outlet in Thiruvanmiyur, Chennai. Ten years later it operates 100+ bakery cafés across South India, with a stated plan to open 25+ outlets in Bengaluru alone over the next 12 months.
Every new opening meant repeating the same work in Excel: select an IBR appropriate to the city and tenure, present-value the cash flows, build the ROU schedule, layer in the security deposit, and post the day-one journal. Doing this twice a quarter was manageable. Doing it twenty times a quarter was not.
The controller's hard line: lease accounting must not be the thing that slows down a store opening.
25+ new stores a year makes Excel-based lease accounting a bottleneck.
Every opening was a full IBR, schedule, and journal cycle in Excel.
Present-valued separately in Excel, fragile and error-prone.
Rent escalations and term changes rebuilt from scratch each time.
Lease intake as part of the store-opening checklist.
A 10-minute intake in AccEase captures contract start, term, escalation schedule, rent-free months, and security deposit. The day-one journal is ready the same day.
AccEase Lease Management Tool
Purpose-built for Ind AS 116. Schedules, journals, modifications, and disclosures, from one workspace.