Green Trends closed Ind AS 116across 400+ salons, without Excel.
One of India's largest unisex salon chains replaced 14 regional Excel sheets with a single AccEase workspace, and turned the monthly lease close from a bottleneck into a background job.
400+ salons. A spreadsheet for each region.
Green Trends runs one of India's largest unisex salon chains, with 400+ outlets across 55+ cities. Every salon is on a commercial lease, typically 5 to 9 years, with graded escalations, rent-free fit-out periods, and security deposits that need to be present-valued separately under Ind AS 116.
Before AccEase, the close looked like every fast-scaling retail chain's close: a growing stack of regional Excel sheets, manual IBR selection, formula breaks every few months, and weeks of reconciliation between branch registers and the consolidated Ind AS 116 schedule.
One per region, each with ROU, interest, depreciation, and disclosure tabs.
Branch registers reconciled against Excel schedules every quarter.
Another row, another formula, another thing that could break at close.
Modifications and reassessments reconstructed from email threads.
What AccEase replaced.
The Lease Management Tool became the single source of truth for every active lease. Journals, modifications, and disclosures flow from one workspace.
AccEase Lease Management Tool
Purpose-built for Ind AS 116. Generate complete lease schedules, journals, and disclosures in minutes, not Excel.