FINNOVA (MFRS-16)
The Breakthrough Solution for Lease Accounting
Get MFRS compliance with ease
Are you ready for
A game-changing leap forward in lease accounting? Say hello to FINNOVA, the ultimate breakthrough solution designed to simplify and streamline your lease management like never before. In the ever-evolving landscape of financial reporting standards, FINNOVA emerges as a beacon of innovation, empowering businesses to effortlessly comply with MFRS 16 regulations while unlocking unprecedented ease and efficiency.
With FINNOVA, the complexities that once plagued lease accounting are now a thing of the past. Say goodbye to tedious calculations and subjective judgments, and say hello to a future where automation takes center stage, allowing you to focus on what truly matters – propelling your business forward. Get ready to witness a revolution in lease accounting with FINNOVA – the breakthrough solution that redefines the way you manage your leases.
DISCOVER THE POWER OF FINNOVA (MFRS 16)
Unparalleled Ease
FINNOVA takes the hassle out of lease accounting, ensuring a seamless transition to MFRS 16. With our non-disruptive approach, your existing business processes remain intact while you effortlessly adopt the new lease accounting standards.
SAP Premium Certification
Unlock the full potential of your SAP ecosystem with FINNOVA. Our unique accounting and compliance add-on seamlessly integrates with your SAP software, eliminating the need for additional investments, upgrades, or system changes.
Swift Implementation
FINNOVA is designed for simplicity and efficiency. With configurable objects and a user-friendly interface, you can complete the implementation process within 2 to 3 months. Get up and running quickly, and start reaping the benefits sooner than you imagined.
Intuitive And Seamless
Experience the convenience of MFRS 16's intuitive design. Natively integrated with SAP ECC or SAP S/4 HANA, it effortlessly integrates with your existing G/L and A/P accounts, ensuring a smooth and seamless experience.
All-In-One Solution
FINNOVA goes beyond compliance. It adapts to your future accounting automation needs, providing a comprehensive solution for all your lease accounting requirements. Stay ahead of the curve and enjoy the freedom to scale your business without limitations.
The Cost of Non-Compliance
Protect Your Audits
Don't jeopardize your company audits. Ensure compliance with FINNOVA and safeguard the integrity of your financial reporting.
Secure Credit and Invest
Secure credit lines and attract investors with confidence. Non-compliance can hinder your ability to access crucial financial resources and find potential investors who value transparency.
Avoid Costly Adjustments
Avoid the complexities and costs associated with retrospective approaches. By implementing MFRS 16 promptly, you can steer clear of cumbersome and expensive retrospective accounting adjustments.
Save Time and Resources
Streamline your processes and save valuable time and resources. With FINNOVA, you can automate your lease accounting efforts, allowing you to focus on strategic initiatives that drive your business forward.
Relevant and Reliable Data
Stay ahead of the competition with accurate and up-to-date key performance indicators. FINNOVA ensures your financial data remains relevant and reliable, empowering you to make informed decisions.
The Breakthrough Solution for Effortless Lease Accounting
FINNOVA (MFRS-16)
Automation
Experience the power of breakthrough automation with FINNOVA. Our solution eliminates complex calculations and subjective judgments, allowing you to focus on what truly matters - growing your business.
Lease Accounting Solution
Benefit from a wide range of features and functionalities designed to simplify your lease accounting process. From contract creation to depreciation management, data loading, contract modifications, analysis, reporting, and seamless integration with SAP systems - FINNOVA has you covered.
Lease
Insights
Unlock meaningful insights with comprehensive reporting and disclosures. Visualize your lease portfolio through lease contract dashboards, monitor financial position movements, and leverage weighted-average discount rates to make data-driven decisions.
Embrace FINNOVA (MFRS-16) today and witness the breakthrough in lease accounting
FINNOVA For MFRS-16
Simplify compliance, optimize processes, and transform the way you manage your leases. With FINNOVA, you’ll experience a new level of efficiency, accuracy, and confidence in your financial reporting. Say goodbye to complexity and hello to streamlined lease management. Don’t miss out on this game-changing solution. Take control of your lease accounting future with FINNOVA – your trusted partner for success. Contact us now and unlock the power of effortless lease accounting.