Juiceland automates lease and fixed asset processes as they continue to expand store count

JuiceLand is a chain of company-owned juice and smoothie shops in Texas. They currently have stores in Austin, Houston, and Dallas but are growing rapidly, adding six to eight new stores each year. As they’ve grown, they’ve recognized the need to replace manual solutions with tools that help them scale. JuiceLand was looking for an automated solution for leases and fixed assets directly inside of NetSuite, and discovered that NetLease and NetAsset were the perfect fit.

Client story
It's not just used as an accounting tool. That's where time savings and accuracy are felt the most, but NetLease allows us to have good information to provide operators and store development.
JuiceLand

Focus on growth

As JuiceLand adds six to eight new stores per year, efficiency in their five-person accounting team is critical. The bigger the spreadsheets got, the harder it was to find the errors, and the more effort it took to manage. So the decision to go with NetLease and NetAsset, automated tools to account for their real estate and capital leases, and over 1,500 fixed assets, was a no-brainer.

A New Level of Detail

“We were almost incentivized to keep things overly simplified and not track a bunch of detail in Excel. Now, for leasehold improvements, instead of one massive line for a payment to a general contractor, we can break it down by division. We’ll have better information to compare new shop costs across locations”

Benefits of embedded

“We considered other vendors. The main reason for choosing NetLease was because it was directly integrated into NetSuite. You push a button and journal entries are directly generated in our books, so there’s no need for an additional interface or uploading additional files. That’s really saving a lot of time and preventing errors.”

More client stories

We don't need to focus on calculations. From an audit perspective, we can refer to NetLease as the system we've tested, so it's an area we don't need to focus on again in an audit. We only need to focus on potential new leases and lease contracts themselves. It's an ongoing time saver.
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Get in touch with us

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