Progen's IFRS16/AASB16 Lease Accounting Module
par Progenesis Holdings Pty Ltd
IFRS 16 Software - Integrated to your instance of MS Dynamics.
Progen is a flexible all-in-one lease management and lease accounting solution, developed to tackle organisations equipment lease and property challenges. The software does not only help your organisation gain productivity, but also achieve accuracy around any lease, property or asset financials.
With an extensive client base of companies and government bodies you can be confident that Progen has the expertise and experience to support your organisation through system implementation and the operational use of the solution.
The software is available both on-premises and in the cloud with the capability to fully integrate to Dynamics 365. The cloud is hosted on Microsoft Azure and sits within data-centres equipped with the most reliable high-end, enterprise security.
Features of the Progen solution.
- Full advanced lease management functionality is core to software
- IFRS 16 lease accounting for all asset types including specialist functionality for Property related IFRS16 activity.
- Automated advanced lease payment and review calculations
- Automated option processing
- Outgoings/Service Component calculation
- Full Subleasing functionality as standard
- Lessee and Lessor accounting
- IFRS16 Budgeting and Forecasting capability
- Reporting at individual, groups, portfolio levels
- Full transparency of individual lease IFRS16 treatment
- Comprehensive financial suite and IFRS16 Journal creation
- Automated data upload utility
- Easy integration with finance suites
- Trial and Final methodology for all processes
- Extensive standard reporting & world leading analytics & BI
- Advanced Audit Utility
- Uses ‘best practice’ to improve productivity & efficiency
- Unlimited custom data fields
- Multi-Currency
- Dedicated support during implementation and post set up phase.
