The SAP leasing solution was designed to provide proactive lease administration including lease classification and accounting, as well as simplified lease modification was the solution.
It provided the templates needed to onboard the lease data and its integration with SAP Finance helped ensure that the accounting entries for operating leases would be reflected within the balance sheet
How Bramasol Assisted
As an early leader in Leasing, Bramasol was there with expert consulting and advise to help architect the solution and assist in getting all the lease data onboarded and accounting entries verified within SAP Finance
The solution was developed and delivered in a matter of few months and enabled Amgen to report its operating and finance leases on its balance sheet well in advance of the compliance deadline
We faced significant challenges, but together with Bramasol, we managed to overcome them. With Bramasol on the project, we had the right mix of expertise and skills. Also, the personal fit with our team was great.