Lease management and lease accounting software selection guide
Nomos One IFRS 16 resources
Lease management and lease accounting software is now a ‘must have’
End-to-end lease management and lease accounting software is no longer a ‘nice-to-have’ – it’s a ‘must have’. Spreadsheets will no longer suffice and neither will just any lease management platform. Under IFRS 16 you are required to forecast payments for the lifetime of your property, fleet and asset leases. You’ll have to account for renewals, expected changes in rent, discounts and variations. Other challenges include complex transition options, practical expedients, new measurement criteria and frequent re-measurements. Getting it wrong will impact your company’s financial statements and financial performance.
Your lease management and lease accounting software selection guide
Lease management and lease accounting software will reduce risk, give you confidence that you are meeting your obligations, and free up staff from manual, repetitive and time consuming tasks. It will also give you complete confidence in your IFRS 16 compliance. If you choose the right solution you should see an almost immediate return on investment. The team at Nomos One has pulled together a software selection guide to help you select a provider that meets all of your lease management and lease accounting needs – benefiting your entire organisation.
- Why lease management and lease accounting software is now a ‘must have’
- 12 questions you can’t afford NOT to ask lease management and lease accounting software providers
- A list of ‘must include’ features for your requirements document and requests for proposals.
Your free lease management and lease accounting software selection guide
Is this resource free?
Yes. Nomos One employs a team of experts who live and breathe IFRS 16. We want to share our knowledge with you so your implementation project and ongoing reporting requirements are as efficient, accurate and simple as possible. When it comes to IFRS 16 Leases and lease management, Nomos One has you completely covered.