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"Behind the Screens: Regal Entertainment's Success Story in Streamlined Lease Management"

Redefining Lease Management: Simplifying Reporting and Payments for Complex Operations

This case study explores how a leading cinema operator overcame complex lease management and reporting challenges with Lucernex Contracts. By centralising lease and payment data and automating key processes, the company achieved greater efficiency, accuracy, and compliance.

Key takeaways include:

• Simplified Reporting: Streamline ASC 842 compliance and access critical lease and payment data from a single system.
• Efficient Payment Management: Automate rent, taxes, service charges, and percentage rent payments with ease.
• Time Savings: Eliminate manual processes, spreadsheets, and redundant reporting workflows.
• Operational Resilience: Maintain smooth operations through acquisitions, pandemic disruptions, and financial restructuring.
• ERP Integration: Centralise vendor and utility data for more effective decision-making.

Hear directly from Kim Sikes, Senior Accounting Manager at Regal, as she shares first-hand how these strategies transformed their lease management and reporting.

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