Case Study

Bramasol Customer Story Contract Lease Management (CLM) Implementation

Ingram Micro Inc. is the world’s largest technology distributor and a leading technology sales, marketing and logistics company. The company is a fortune 100 Global Supply Chain Leader for Technology Products and Services with the presence across 100 Countries.

Objective

The company was compliant with ASC 842 and IFRS 16, but with non-natively integrated solution. It struggled with key issues such as 445 Calendar and Forex reconciliations. Ingram Micro needed Multi-jurisdictional support and wanted a natively integrated solution.

Key Challenges

  • Tight timeline for completion of the project under 7 months

  • Over 1,500 contracts globally

  • Needed a clear path to support S/4 HANA migration plans

  • Wanted single data sources for Disclosure and Management Reporting

With over 100 plus successful finance and compliance projects, Bramasol was the natural choice of Ingram Micro to help guide, advise and implement their CLM project.

  • Tight timeline for completion of the project under 7 months

  • Over 1,500 contracts globally

  • Needed a clear path to support S/4 HANA migration plans

  • Wanted single data sources for Disclosure and Management Reporting

Key Challenges

With over 100 plus successful finance and compliance projects, Bramasol was the natural choice of Ingram Micro to help guide, advise and implement their CLM project.

Solutions

SAP CLM was the answer to their challenges. With Bramasol support, implementation project started.

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How Bramasol Assisted

The project was on-time and on-budget and the company got single source of accounting and life cycle management for all the leases. Bramasol was able to support US and Japan filing needs. Additional visibility into leasing portfolio allowing key financing and business decisions were made. The company had a scalable platform for future migration to S/4 and a clear disclosure reporting with validation tools from Bramasol.

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Find out more about how we can help your organization navigate its next. Let us know your areas of interest so that we can serve you better.