Rapid Leasing Compliance Solution

Imagine 3.3 Trillion dollars of assets and liabilities just appearing on Balance Sheet of companies worldwide- overnight. This is what will happen on January 2019 as the new leasing standards ASC 842 and IFRS 16 take effect.

Bramasol’s deep industry knowledge and over 21 years of SAP experience is why the Fortune 1,000 chose us to enable them to comply with the new ASC 842 and IFRS 16 Standards for Lease Accounting. We help companies transform compliance into competitive advantage.

But what if you are SME and Need to comply with ASC842 and IFRS16? That too Quickly? Easily? and in Budget?

If you are one amongst them and looking for solutions for Operating or Real Estate Leases, Bramasol can help!

As a leader in compliance and finance innovation, Bramasol has introduced a new purpose-built Rapid Leasing Compliance Solution that enables companies like you to quickly get up and running for ASC 842 or IFRS 16 compliance.

This offering is designed for companies with up to 300 leases and includes:

  • 5 Basic Scenarios for Real Estate, Movables, or both

  • Set-up of Nakisa and/or RE-FX

  • Standard data & document loading

  • Security set-up

  • Standard out-of-the-box disclosures and reports for ASC 842 or IFRS 16

Implementation time : 9 weeks

Cost: $ 160,000 – $ 180,000 (* Software cost is not included )

Let our experts contact you to discuss further



SAP Real Estate Management (RE-FX)

The SAP Real Estate Management (RE-FX) solution is fully integrated sub component of SAP Finance that provides a simplified approach to the leasing solution landscape by elimination of complex financial interfaces, reduction in the application numbers and real-time valuation of finance leases.

SAP Lease Administration by NAKISA

SAP Lease Administration by Nakisa is a purpose built end-to-end lease accounting and administration solution that provides access to company-wide lease data, with the visibility and traceability needed to support and comply with new regulatory standards.

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Partnership icon

Partnership

  • Nakisa’s1st partner, over 3 Year partnership for SLAN

  • 21+ years partnership with SAP

  • 5+ years partnership with SAP Finance LOB

experience icon

Experience

  • Purpose built, project proven LASER implementation methodology

  • Project Tools and Accelerators

  • Pre-configured SLAN system for rapid deployment

  • Multiple Internal Nakisa Systems for robust testing

  • Lease Data Migration and Load Templates

  • Comprehensive test scripts

  • Leading and supporting over a dozen different projects

Solution Expertise

Solution Expertise & IP

  • Thorough SLAN PQ testing in the latest build in Bramasol solution lab

  • Supported 250+ unique end to end scenarios classified by industry

  • Robust integration testing with various SAP ECC versions and SAP S/4 HANA, as well as other ERPs in our AWS landscape

  • Expertise in Disclosure and Operating Reporting

Solution Expertise

People

  • Delivering on numerous SLAN projects

  • Trained resources by Nakisa

  • SLAN Bramasol training academy

  • Certified resources by Bramasol training academy

  • Deep SAP Experience – Average over 15 years

  • More hands-on experience than any other partner