Solutions
IFRS 16 Lease Accounting
Managing leases under IFRS 16 can be complex, but the right solution ensures compliance, accuracy, and efficiency. Intito’s IFRS 16 Lease Accounting solution provides full visibility, streamlines processes, and keeps your organization compliant.
Overview
The challenge of IFRS 16 compliance
IFRS16 requires a structured approach to lease accounting. Without the right system, managing lease data can lead to errors, inefficiencies, and compliance risks. Businesses need a solution that simplifies lease valuation, enhances financial reporting, and optimizes portfolio management.
IFRS 16 Lease Accounting – The Solution
Smarter lease management
Intito’s solution simplifies lease tracking, modifications, and compliance processes. By reducing manual work and ensuring accurate reporting, businesses can focus on strategic financial management.
Our system handles large contract volumes, adapts to changing terms, and supports both centralized and decentralized lease management, providing the flexibility modern businesses need.
Decentralized lease management
Business units can create and update lease contracts independently.
Scalable contract handling
Efficiently manage 10,000+ lease contracts.
Comprehensive lease term support
Handles various payment structures, including prepaid, arrears, incentives, and penalties.
Contract modification management
Track changes and maintain a version history.
Flexible interest rate management
Centralized or decentralized interest rate handling.
Seamless integration
Export journal files or CSVs for easy booking in consolidation systems.