IFRS 16 CHALLENGES

The implementation of the new Leasing Standard IFRS 16 is a huge challenge for most companies. The main problems are not the new postings themselves – the required classification of the contracts and ongoing modifications make it difficult to retrieve and maintain the contract data even with existing leasing software. There are four major areas to master in order to implement the new accounting rules:

NEXT GENERATION
LEASING SOFTWARE

Our leasing suite is able to cover all mentioned areas and can be fully integrated into your process- and system-landscape. The level of automation depends on your individual requirements.

REAL TIME ANALYTICS

Our software enables you to track all relevant leasing
key figures and important values in real time

PROCESS-BASED INPUT

Predefined workflows ensure a fast and
efficient handling of the leasing software

AUDIT PROOF SYSTEM

Our smart versioning logic allows fully traceable changes
of contracts and data without any effort

COMPREHENSIVE POSTINGS

All results and postings can be viewed on any level
down to fully comprehensive T-Accounts

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