{"id":7011,"date":"2020-03-01T10:48:28","date_gmt":"2020-03-01T10:48:28","guid":{"rendered":"https:\/\/satriun.com\/ifrs-16-sap-bfc\/"},"modified":"2020-05-27T16:22:54","modified_gmt":"2020-05-27T14:22:54","slug":"ifrs-16-sap-bfc","status":"publish","type":"page","link":"https:\/\/satriun.com\/nl\/ifrs-16-sap-bfc\/","title":{"rendered":"Satriun Lease Management (IFRS 16 &amp; ASC 842) for SAP"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;header-section&#8221; _builder_version=&#8221;3.22.4&#8243; background_color=&#8221;#005286&#8243; background_image=&#8221;https:\/\/satriun.com\/wp-content\/uploads\/2019\/04\/Artboard-Copy-2.jpg&#8221; background_position=&#8221;top_center&#8221; top_divider_height=&#8221;0px&#8221; top_divider_arrangement=&#8221;above_content&#8221;][et_pb_row admin_label=&#8221;Row&#8221; _builder_version=&#8221;3.22.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;3.0.47&#8243;][et_pb_text admin_label=&#8221;Text&#8221; module_class=&#8221;white-text&#8221; _builder_version=&#8221;3.22.4&#8243;]<\/p>\n<h1 class=\"chapeau\">Starter Kit<\/h1>\n<p class=\"h1\">Satriun Lease Management (IFRS 16 &amp; ASC 842) for SAP<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.0.47&#8243;][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;lightblue-overlay-section-first&#8221; _builder_version=&#8221;3.22.4&#8243; top_divider_height=&#8221;0px&#8221; top_divider_arrangement=&#8221;above_content&#8221;][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; module_id=&#8221;intro-section&#8221; _builder_version=&#8221;3.22.4&#8243; background_color=&#8221;#edf5fa&#8221; custom_padding=&#8221;|||||&#8221; top_divider_height=&#8221;0px&#8221; top_divider_arrangement=&#8221;above_content&#8221;][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; custom_padding=&#8221;||&#8221; background_color_1=&#8221;#ffffff&#8221; padding_left_right_link_1=&#8221;false&#8221; padding_top_1=&#8221;100px&#8221; padding_right_1=&#8221;100px&#8221; padding_bottom_1=&#8221;100px&#8221; padding_left_1=&#8221;100px&#8221; padding_1_phone=&#8221;20px|0px|20px|0px|true&#8221; padding_1_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;Row&#8221; _builder_version=&#8221;3.22.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; width=&#8221;100%&#8221; custom_margin_last_edited=&#8221;off|phone&#8221;][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;3.0.47&#8243;][et_pb_text admin_label=&#8221;Text&#8221; module_class=&#8221;black-text intro-text&#8221; _builder_version=&#8221;3.22.4&#8243; custom_padding_phone=&#8221;|20px||20px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221;]<\/p>\n<p>Satriun designed and successfully deployed Satriun Lease Management (SLM) within 50+ global organisations. SLM is a complete\u00a0Lease Accounting solution covering lease contracts, calculations and reporting, fully based on SAP Financial Consolidation, and ensuring compliance with <a href=\"https:\/\/www.ifrs.org\/issued-standards\/list-of-standards\/ifrs-16-leases\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFRS<\/a> and <a href=\"https:\/\/www.fasb.org\/leases\" target=\"_blank\" rel=\"noopener noreferrer\">US GAAP<\/a>.<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Text&#8221; module_class=&#8221;body-text black-text&#8221; _builder_version=&#8221;3.22.4&#8243; custom_padding_phone=&#8221;40px|20px||20px|false|true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221;]<\/p>\n<p><strong>Your Challenges<\/strong><\/p>\n<ul>\n<li>You run a SAP Financial Consolidation platform and\u00a0look for rapidly implementing a group solution for IFRS 16 or ASC 842\u00a0Leases\u00a0compliance<\/li>\n<li>You look for a\u00a0complete solution able to manage lease contracts, ensure data coherence, perform IFRS 16 &amp; ASC 842-related calculations and reporting<\/li>\n<li>You want to\u00a0minimise acquisition, installation, deployment, training and maintenance of the Lease Accounting solution<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Text&#8221; module_class=&#8221;body-text black-text&#8221; _builder_version=&#8221;3.22.4&#8243; custom_padding_phone=&#8221;|20px||20px||true&#8221; custom_padding_last_edited=&#8221;on|phone&#8221;]<\/p>\n<p><strong>Our Solution<\/strong><\/p>\n<ul>\n<li>We have developed\u00a0Satriun Lease Management a\u00a0complete IFRS 16 and ASC 842 solution that covers lease contracts management,\u00a0150 data validation controls, calculations, reporting and\u00a0integration<\/li>\n<li>Our solution\u00a0installs directly, as a separate database in your existing SAP Financial Consolidation\u00a0environment<\/li>\n<li>The solution\u00a0connects to your existing SAP Financial Consolidation application to inherit entity structures, chart of account and user security<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Text&#8221; module_class=&#8221;body-text black-text&#8221; _builder_version=&#8221;3.22.4&#8243; custom_padding=&#8221;|20px||20px||true&#8221; custom_padding_last_edited=&#8221;on|desktop&#8221;]<\/p>\n<p><strong>Your benefits<\/strong><\/p>\n<ul>\n<li>Leverage your existing investment in and knowledge of SAP Financial Consolidation by\u00a0implementing a complete Lease Accounting solution within weeks\u00a0with a one-time acquisition costs,\u00a0no additional SAP licenses, no maintenance fee, technology already known by your\u00a0users<\/li>\n<li>Full pre-configured IFRS 16 and ASC 842 functionality,\u00a0possibility to integrate additional custom needs and content, optional integration with your ERPs or your existing SAP IFRS or US GAAP consolidation\u00a0solution<\/li>\n<li>The solution\u00a0perfectly supports simulations necessary for choosing 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