Lease management system
LEASE MANAGEMENT SYSTEM
- Optimise global equipment leases and support compliance by simplifying lease administration and accounting standards. With SAP Lease Administration, you gain a single point of entry to collect, validate, and process equipment leases.
- On-premise, cloud, and hybrid deployment
- Centralised portfolio of equipment leases
- Insight into the impact of equipment leases
- Identified risks such as debt-covenant violations
- End-to-end equipment lease accounting
- Unify your equipment leases into a single source-of-truth to support compliance with ASC 842 and IFRS 16
- Include new considerations when preparing for the latest leasing regulations
- Automate lease management, simplify reporting, and increase audit transparency to lower costs
- Equipment lease portfolio creation and management
- Centralise contract information with greater ease
- Gain visibility into the portfolio to understand your portfolio’s size and scope
- Address the full equipment lease lifecycle – from approvals and procurement to asset retirement
- Compliance with equipment leasing standards
- Support various adoption strategies and the critical steps needed to meet lease accounting standards
- Produce disclosure reports that help you comply with ASC 842 and IFRS 16 mandates
- Gain insight into the contract lifecycle and analyse financial implications
- Flexible deployment options
- Structure your global equipment lease portfolio to meet deadlines
- Choose deployment options ranging from an on-premise IT infrastructure to a private cloud
- Run the application as a standalone or benefit from deep integration with the SAP ERP application