Satriun Lease Management

Your Challenges

• You run a SAP Financial Consolidation platform and look for rapidly implementing a group solution for IFRS 16 or ASC 842 Leases compliance
• You look for a complete solution able to manage lease contracts, ensure data coherence, perform IFRS 16 & ASC 842-related calculations and reporting
• You want to minimise acquisition, installation, deployment, training and maintenance of the Lease Accounting solution

Our Solution

• We have developed Satriun Lease Management a complete IFRS 16 and ASC 842 solution that covers lease contracts management, 150 data validation controls, calculations, reporting and integration
• Our solution installs directly, as a separate database in your existing SAP Financial Consolidation environment
• The solution connects to your existing SAP Financial Consolidation application to inherit entity structures, chart of account and user security

Your benefits

• Leverage your existing investment in and knowledge of SAP Financial Consolidation by implementing a complete Lease Accounting solution within weeks with a one-time acquisition costs, no additional SAP licenses, no maintenance fee, technology already known by your users
• Full pre-configured IFRS 16 and ASC 842 functionality, possibility to integrate additional custom needs and content, optional integration with your ERPs or your existing SAP IFRS or US GAAP consolidation solution
• The solution perfectly supports simulations necessary for choosing between the retrospective application or the cumulative catch-up methods of applying IFRS 16 or ASC 842