The new lease accounting standard will bring significant change to processes and systems. Experience shows that respective projects are underestimated, and that the ideal tool support is difficult to find.
After our first online demo we received requests to schedule another session for additional participants. We are now offering a second online demo of how SAP can handle Lease Administration on 23rd May at 11 am CET.
Your company will have to comply with the new IFRS16 standard? Your respective processes are not yet clearly defined? This paper explains the key challenges you will be facing and how an optimized tool support should look like. It discusses why most of the existing solutions are not ideally suited to support IFRS16. And it concludes by presenting an interesting, SAP-based lease management solution.