';

Business cases

Implementing an IFRS16 Tool

Objectives and Context

A banking Group subsidiary specialized in multi-brand company vehicle rentals, with almost a million vehicles rented out around the world

In preparation for IFRS 16, the Group wanted to provide its clients with a financial impact estimate for the new standard, including the impacts of the different transition options described in the standard

Our mission

Making our Leasy16 tool available to meet the storage needs of contract data, IFRS 16 calculations, and reporting data

Adapting Leasy16 to meet the Group’s needs:

  • Adding features for multiple contract modifications
  • Further developing the computation engine (catch-up, simulations, multiple revisions, etc.)
  • Refining releases, formatting, graphic updates, and tool user-friendliness
  • Export file interfacing with Leasy16 to avoid any manual operations

In-house support for creating reporting formats for clients

Support with roll-out in subsidiaries

Training “IFRS Champions”

Results

“Agile” project management led to a first version being available in just a few weeks

Fast solution deployment and handover to “key users”