Effortless IFRS 16 lease accounting
and lease management
IFRS 16 COMPLIANCE
Recommended by auditors and Big 4 accounting firms.
ELIMINATES
SPREADSHEETS
One click calculations and reports.
HUGE COST
SAVINGS
Saves time, money and improves accuracy.
CENTRAL
REPOSITORY
Secure cloud access, anytime, anywhere.
FULLY
SUPPORTED
Unlimited storage, users, accounts, upgrades, & support.
WE’RE HERE TO DO THE HEAVY LIFTING
With over eight-years industry experience, our software will cover and manage almost every aspect of the lease cycle, making it easy for our customers to manage hundreds of leases on one platform.
Our software has a fully integrated IFRS 16 module which was developed through working with big four auditors and is tested on an ongoing basis against over 1,000 scenarios. This reporting module eliminates manual processes and human error, saving our clients weeks of work – especially at the end of the financial year.
Perfect for property, vehicles, machinery, printers, laptops, office equipment and assets of all types.
IFRS 16 COMPLIANCE WITH CONFIDENCE
Our software supports all three IFRS 16 transition methods and has everything finance teams need for initial and subsequent measurements.
Reporting is covered with IFRS 16 journals (daily, weekly, monthly or annual), lease specific profit and loss statements and balance sheets, disclosure reporting of the movements during the period, current and non-current classification and maturity analysis and more. Complete with a unique IFRS 16 wizard that walks users through IFRS 16 compliance ensuring nothing is overlooked.
SERVING A GLOBAL MARKET
One of NZ’s Largest Telecommunications Companies
“Managing a large property portfolio, with documents in the tens of thousands, is made easy with Nomos One. Spark’s property portfolio data (including financial, material terms, and key dates) is now managed in a single centralised system that is accessible 24/7 by our property experts.”
Inspired Early Learning and Childcare
“It used to be that there was a spreadsheet and a whole lot of folders that were really quite confusing, and that was it. There was no system. We’d end up being blindsided by things that were going on.
We love the reminders. Because we can set how far in advance we’re notified, it gives us a chance to talk about what we want to do. It’s great for our finance team as well. For them, they rely on Nomos One to remind them about when and what the rent escalators are.
I’m very happy to recommend Nomos One. It gives you a real strategic advantage that helps make informed business decision about our portfolio. We find it to be great value, really useful and our processes have definitely improved as a result.”
Canada
Telecommunications companies often have diverse, complex portfolios. Working with one of Canada’s largest Telco’s provided interesting challenges, but also an opportunity to grow the software.
United Kingdom
With supply chain management, there’s a wide variety of leased vehicles, assets and properties to consider. We’ve been helping one of the UK’s largest logistics companies tackle their diverse lease portfolio to ensure IFRS 16 compliance.
Greece
We work alongside international and domestic airlines worldwide. In Greece we’re helping one of the largest airlines ensure their lease portfolio is well managed and IFRS 16 compliant.
Hong Kong
Nomos One works with many different hospitality companies across the globe. One such customer is the Hong Kong branch of a large international food and beverage company.
THE COMPLETE SOLUTION
- IFRS 16 transition
- IFRS 16 calculations
- IFRS 16 reporting
- Lease administration
- Critical date reminders
- Event tracking
- Exports to ERP/financial system
- Multi-currency
- Personal dashboard
- Unlimited document storage