SAP Contract and Lease Management1 PDF
SAP Contract and Lease Management1 PDF
Summary
US-GAAP
PAST FUTURE
IFRS
Accounting
New standard on leasing released by Need to capitalize many corporate Besides affected accounting, new
FASB and IASB operating leases and record these lease standards will transform corporate
obligations on the balance sheet as business processes in many
Every IFRS/ US-GAAP reporting assets and liabilities areas
company renting real estate or leasing
equipment will be impacted
Contract
Management
Multi-GAAP
Posting
Implement
Initial
ANALYSIS Perform
Valuate
PHASE Abstracting
Contracts
Change Management Start Contract Management
IFRS 16
SAP Leasing Admin. By
NAKISA
Contract Management SAP Real Estate Mgt
Portfolio Management Real Estate Analytics Master Data Management Partner Management Transaction Management
Facilities Management Construction Modernization & Refurbishment Maintenance & Repair Service Management
Coordination between the Lease Administrator and Asset Account is critical for proper classification and
valuation. Sharing a common platform eliminates operational silos between these critical players.
Multi-GAAP Posting
Erzeugung
Kondition Conditions are the base Current and historic
Erzeugung
Bewertung
Conditions Erzeugung
Bewertung
for valuation calculation valuations
Bewertung
Create valuation
• Capabilities to handle asset events such as casualties, swaps, and asset replacement
Contract
Plan & Equipment Payments & Event
Creation &
Budget Tracking Reconciliation Management
Classification
SAP Lease
Administration by PUSH PULL
Nakisa Other
Web Services, ERPs
Excel, RFC ,.CSV
Configurable Alerts
Contract Summary
Amortization schedule
STRATEGIC POWERFUL
COST SAVINGS & COMPLIANCE & STREAMLINE &
INSIGHT & TECHNOLOGY &
AVOIDANCE REPORTING SIMPLIFICATION
DECISION-MAKING INTEGRATION
• Leverage existing • Evaluate impact on • Prepare for upcoming • One system for • Finance and
investments in financial financial statements lease accounting accruals, payments, accounting automation
processes (ERP). with a global view on standards and financial reconciliation and through full push and
all lease contracts transparency financial reporting on pull ERP integration
• Reduce risk of regulations leases
penalties and undue • Create what-if • Faster adoption and
payments through scenarios to analyze • Maintain an audit trail • Simplifies asset high configurability
alerts and notifications financial implications of changes and tracking and
and make more decisions for accounting in ERP • Flexible deployment
• Save time and costs by informed business- traceability Fixed Assets options: cloud, on-
centralizing all decisions premise or hybrid
contracts data in one, • Streamlines internal
single repository • Gain visibility into reporting through SAP
lease liabilities and ERP
commitments
Steve Lambillotte
SAP Senior Solution Advisor GRC & Finance
+32 486 13 65 18
[email protected]