Bramasol, the leader in SAP Lease Administration
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. Using our Ignite methodology we deliver a solution that not only complies with ASC 842 and IFRS 16, but is natively integrated with your SAP finance system (or any other) and is secure, scalable, and flexible. Check out why the Fortune 500 choose Bramasol.
THE NEW STANDARDS
On January 06, 2016, the International Accounting Standards Board (IASB) issued International Financial Reporting Standards (IFRS) 16 Leases. IFRS 16 replaces several accounting standards and interpretations including: International Accounting Standard (IAS) 17, International Finance Reporting Interpretations Committee (IFRIC) 4, Standing Interpretations Committee (SIC) 15, and SIC-27. IFRS 16 sets out the principles for the recognition, measurement, presentation and disclosure of leases.