Improved management of leases subject to IFRS 16 with SAP RE-Fx CLM and BTP
Challenge I.M.A. Industria Macchine Automatiche S.p.A., a world leader in the production of automated industrial machinery, in the context of optimising accounting and IT processes, deemed it necessary to replace the previous system with an integrated tool that fully complies with the requirements for managing IFRS 16, which, as of 2019, replaced IAS 17 in the […]
IFRS Adoption and Implementation of SAP RE-Fx CLM module for the application of IFRS16 accounting standard in lease management
Challenge A major player, a leader in the home and personal care products market, with offices both in Italy and abroad, expressed the need to optimize its accounting processes by introducing a dedicated ledger aimed at IFRS accounting management with related reporting, and to take advantage of the features offered by the RE-Fx Lease and […]
