Webinar replay

Lease Accounting Demo

Easier IFRS 16 Compliance

Attendees will learn:

How easy EZLease is to set-up, enabling organisations to move off spreadsheets in less than a day
How the key requirements for choosing an IFRS16 solution has changed
How simple it is to configure the subledger to match your GL account code structure
How user-defined fields enhance lease administration
How fast it is to load leases using the EZLease bulk upload template
The variety of push-button accounting and disclosure reports available, enabling a fast close process

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Maximizing the return on investment for IFRS 16

Now that it’s been a couple of years into the IFRS16 lease accounting standard, organisations can appreciate that the complexity around compliance has only increased with time. Although spreadsheets provided a short-term solution, they don’t provide an audit trail, the risk of errors is too high, and they don’t help with ongoing lease management! The ‘spreadsheets are free’ sentiment evaporates when the true costs of managing even a small lease portfolio are considered. That also leaves out the less tangible costs like the workload and morale of your accounting staff.

In our recent webinar series, we uncovered the key challenges with using spreadsheets to manage a lease portfolio, from data capture inconsistencies, governance concerns, through to poor core accounting treatments.  We’ve outlined some of the practicalities of implementing an alternative solution to spreadsheets, and most recently we shared some key considerations for a business case for change and the opportunity cost of not automating these processes.

 

Next in the series, we are excited to demonstrate how EZLease lease accounting can provide you with a low-cost solution that will save you money and minimize risk.

Presenters

Erica Venter
Account Executive,
LeaseAccelerator

David Byrne
General Manager APAC,
LeaseAccelerator

Ready to take the next step?

Get a demo or reach out.