Case Study | IMI has chosen LEASE as its leasing management solution

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Le 24 February 2020

IFRS 16 standard compliance

Context

IMI was looking for a centralised solution to manage IFRS 16 reporting of 4000 lease contracts, spread across 200 users worldwide.

Key Figures

● Turnover £1,700m
● 12,000 employees

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Lease Contracts

Over 200 users worldwide

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“ After considering solutions from other competitors, it was clear that with Viareport LEASE we are paying for the functionality we need, rather than functionality we didn’t need, and the scalable cost model offered better value compared to the other options we looked at. The application provides everything we expected to manage IFRS 16.“

Andrew Jackson
Chief Financial Accountant, IMI Plc

“ Initial implementation was good and without issue and the whole experience was positive, with Viareport being responsive to our needs. The Viareport’s consultants were really good on training and throughout, from presales to on-going support. The whole experience was positive and the team very responsive to our needs.”

Andrew Jackson
Chief Financial Accountant, IMI Plc

“ We knew what we wanted and were able to tailor the training session to our particular needs, and the trainer was very knowledgeable and able to answer any question immediately, which was great. The different languages supported is particularly useful due to our international requirement, and we really like that it is so intuitive and easy to use. ”

Andrew Jackson
Chief Financial Accountant, IMI Plc
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Lease

Brought to life through the viareport agile development process. LEASE is a cloud based application, easy to use and to roll out. It eases your workflow and your consolidation issues regarding the evolution of IFRS16 and IAS17standards.

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