Leasing Rapid compliance solution2018-10-25T01:01:31+00:00

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, too? You want a solution that fits your unique needs but is quick and cost effective. Good news…

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 SAP Contract and Lease Management

  • 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)

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