Lease Accounting Management
System for IFRS 16
IVORY Lease provides a unified lease accounting solution to help you achieve IFRS 16 compliance.
Get Compliant Quickly and Accurately
Manage leases quickly, easily, and accurately. Simplify compliance with a unified solution that includes a powerful data engine, calculations, disclosures, and reports controlled by workflow and audit trail. Make forecasts for assets, liabilities, expenses, depreciation, and interest expense to show the impact on the balance sheet and P&L.
Fast, Accurate Calculations
With a pre-configured data model and calculations for all lease types, you can quickly see impact on financial statements, run scenarios and drill-down to account and contract level for analysis.
Leasing Data Repository
Seamlessly plug into G/Ls, lease management and other systems to centralize all lease assets in a single trusted source to serve out accurate leasing data for use in other processes.
Cloud Technology
Cloud technology enables organizations to use the solution right out-of-the-box with minimal customization. Ivory is able to provide a secure and reliable solution by partnering with cloud service providers. This helps to relieve the operational burden of operating, managing, and controlling the components. Sophisticated cloud technology eliminates the need to discuss hardware requirements and software compatibilities. By eliminating the intricacies of a complex on-premise deployment, our project teams can more quickly configure, connect, and deploy your solution.
Accounting excellence
Lease accounting is simplified and streamlined with Ivory Lease, a single system for accruals, payments, reconciliation, and financial reporting on leases. Ivory Lease was designed from the ground up to support compliance with the new lease accounting standards.
Global visibility and control
Improve transparency and address IFRS 16 compliance with a solution that is quick to implement and easy to use. IVORY Lease is a pre-configured starter kit that provides you with all the functionality to create a centralized repository for lessee and process lease data of all types – including real estate, fleet, equipment and more.
IVORY Lease allows customers to save costs and time by centralizing all contract data in one, single repository. A global view on all lease contracts enables users to view lease liabilities and assets and quickly evaluate leasing impacts on financial statements.
Contact Details
Ivory Smart Digital Co., Ltd.
Office : 43 Somdet Phra Chao Tak Sin Rd., Samre,
Thon Buri, Bangkok 10600 Thailand
E-Mail : daraporn.he@ivorysmartdigital.com
Phone : +66 (0) 20477853
+66 (0) 81834-6425