IFRS 16 Solution

ShareControl Contract and IFRS 16 solution is the software for manage your leases. You collect and organize your lease contracts and perform calculations in accordance with IFRS 16.

Manage all your companies leases and contracts in one system, follow up and have full control over changes and renewals.

The solution uses a guided  quality registration feature that checks the necessary data before it will be stored in SharePoint. The data for the lease is then uploaded in calculation templates. The calculation basis and metadata can be locked after completion for later auditing. Documents and other relevant information can be stored together with key data for the actual contract. Share the solution with the auditor and get an effective audit of the company’s ongoing IFRS obligations.
Our IFRS 16 solution gives full control over new leases and for ongoing changes.

The solution utilizes SharePoint metadata to record key information in the lease agreements to be uploaded in the Excel calculations templates in the solution. Documents and metadata can be locked after completed. Accounting memos on specific contracts are stored together with key data and the actual contract. Share with your auditor and start an efficient process to implement IFRS 16.

Our IFRS 16 solution gives you:

  • control and predictability
  • efficient management of leases and contracts
  • follow-up of the company’s key figures
  • overview of changes, layout for reconciliation and notes to the accounts

The solution requires SharePoint in Office 365 or SharePoint 2016. All SharePoint functionality, like browser preview of documents, version log, advanced search, SharePoint app for mobiles and sharing with external users, are available to you.

IFRS 16 reporting

ShareControl Contract and IFRS 16 is the tool that gives you full control over the implementation process of IFRS 16. It can be installed in an hour, and you are ready to go. The prize is sized with your business and is favorable for smaller enterprises. You can also use the solution for other contracts and have a full contract archive.

Contact us for more information and presentation of our IFRS 16 solution.

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Functionality


ShareControl IFRS 16 for Office 365:

  • System for IFRS 16 calculations and access to leases and relevant documentation
  • The solution also calculates IFRS 16 obligations for agreements for financial lease
  • Solution for follow-up of all types of contracts, get total contract and contract administration in one place
  • Alerts time for index adjustments, exercise of options, termination and renewals
  • Integration with your ERP and consolidation systems
  • Layout showing changes in a period, reconciliations and note information
  • Many search and filter options
  • Budget module and Power BI solution for analysis and easy access to contracts
  • Ability to add your own internal policies and links to websites you use frequently
  • Knowledgebase with eIFRS links