IFRS 16 Software

Name: Sigma Conso
Price range: $

An integrated solution for lease management and accounting standards compliance

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End-to-end compliance
The integrated module interfaces directly with your ERP and manages your lease contracts. The module is automatically updated with the most current IFRS 16 requirements, providing you with the peace of mind that your reports comply with the applicable regulations.
Accelerated monthly close
Reduce human error, increase the quality of your information, improve efficiency, and transform your monthly close processes with data integrations, automated workflows, and automated reporting.

Collaborative, integrated lease accounting standards software

Automated compliance with IFRS 16 for an accelerated monthly close process
Flexible and easily deployable, with no need for IT or expensive consultants
High-performance management for large contract and transaction volumes
Create custom alerts and gain actionable insights to ensure comprehensive reporting
Minimise human error with automated recalculations and balance sheet adjustments

Support for internal controls

Automatically collect and manage your entire lease portfolio all in one place and in real time. Add transparency and quality of input with high-impact, visual, and easily shared reports.

Single source of truth for all lease management information, across all entities
Data entry validation and role-based access for higher-quality information and reporting
Comprehensive, real-time, and transparent audit trails
Minimise financial risk with a comprehensive view of all cost-driven data

Streamlined processes

Automated bulk upload and modification detection from your ERP, Excel, and PDF files
Simplified remeasurements and translation with automated right-of-use and lease liability adjustment
Multi-currency calculation and reporting
Custom alerts for lease expirations, key dates, or other necessary actions

Data intelligence

Automated borrowing rate charts and lease liability calculations to save time and reduce errors
Useful life and depreciation simulations to quantify the financial impact of your assets
Visual, BI-based analytics for high-impact presentations to internal and external stakeholders