Sonoma, California-based Diversified Restaurant Group (DRG) has adopted Yardi Corom for comprehensive lease management and lessee accounting for FASB compliance across hundreds of restaurant locations. The single-platform solution provides ease of use and a 360-degree view of all leases for the company.
Designed for retail tenants and corporate occupiers, Yardi Corom is scalable for lease management, lessee accounting for FASB, GASB and IFRS requirements, along with occupancy tracking and desk hoteling for flexible workplaces. It also simplifies transaction management, facility maintenance and budget insight for capital projects. Configurable dashboards and reporting capabilities let users create branded reports with detailed metrics and data visualization.
“We are passionate about growth, and we value that Yardi Corom is simple to use and not only gives us comprehensive insight into all our leases and locations, including lease abstractions, but also supports a 13-period accounting calendar and is customizable to meet the demands of franchise operators,” said Jim Brandon, CFO at DRG.
DRG currently operates two brands — Taco Bell and Arby’s — across more than 322 locations and has helped develop the Taco Bell Cantina concept in several states. To optimize lease management, lessee accounting and transparency for all its locations, DRG selected Yardi Corom.
“We are delighted that DRG has chosen Yardi Corom to meet its current lease management requirements and support its exciting plans for expansion,” said Turner Levison, industry principal at Yardi. “Yardi Corom leverages Yardi’s four decades of experience to focus on the needs of corporate occupiers including leading franchise owners such as DRG.”
