Anaplan for IFRS 16

Anaplan for IFRS 16

Our custom-built application developed in conjunction with partner Finext gives you the ability to easily manage lease contracts and comply with IFRS.

This on-demand webinar explains how your organisation can get IFRS16 compliant quickly with our cloud-based application.

IFRS16 Standards imposes a single lessee accounting model; requiring lessees to ensure a permanent lease inventory, recognise assets and liabilities in their balance sheet, and publish additional disclosures.

Our cloud-based solution can be rapidly implementated and limited need for IT resources, is flexible to grow as your organisation scales and is user-friendly with an intuitive interface where all data is managed centrally.

​Customers can easily create and modify contracts and the financial consequences of contract changes are automatically calculated. Anaplan offers the functionality to process the results of these calculations directly.

Solutions features: 

  • Manage and modify your total scope of lease contracts

  • A full-contract work and approval flow is available

  • All journal entries are gathered on dashboards and can be exported to your local ERP system

  • Gain insight to see what impact IFRS 16 has on your financial statements

  • Contract changes such as early termination, prolongation, or a change in discount rate are automatically recalculated

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