As public companies have worked over the past two years to comply with new ASC 842 and IFRS 16 leasing standards, they have taken a variety of paths to achieve the initial compliance requirements. However, those companies that took a limited approach using standalone solutions or spreadsheets are now discovering they’re stuck in a dead-end with regard to integrating and optimizing lease compliance within their overall business operations.
Don’t settle for a solution that is less than the best or a partner who isn’t the leader. With SAP and Bramasol, you get both. SAP Contract and Lease Management is the only one certified by a Big 4. With Bramasol and SAP CLM we can make it all possible. With deep expertise in lease accounting, we are not only product experts, but solution experts who help guide you through the process of selecting, designing, implementing and supporting your lease solution to obtain maximum value, quickly and cost effectively.
Bramasol works with you to evaluate the system changes needed under the new regulations, determine how significant they will be going forward, and lay out a path toward implementation with an emphasis on the impact to the SAP system. As the leading consulting partner for SAP CLM, we provide a holistic view to the impact the new Leasing standard will have on your organization. Our methodology and approach will help ensure that you can meet the upcoming changes to the standards.