COMPLIANCE WITHIN AUTOMATION
FRS 102 COMPLIANCE
Streamline your path to FRS 102 lease accounting compliance
Why choose Prophix One™ for FRS 102 compliance?
Ensure compliance with the latest FRS 102 update
Stay ahead of regulatory changes with a lease accounting solution designed for your compliance needs. Seamlessly manage the complexities of lease accounting and financial reporting in line with the updated FRS 102 standard.

Automated contract review and reclassification
Automated review and reclassification streamline your contract analysis by quickly identifying leases and applying the correct accounting treatment, reducing manual effort and ensuring accurate compliance.

Track modifications and maintain data integrity
Rely on accurate, up-to-date lease data and transparent calculations. Effortlessly monitor all changes to your leases and improve auditability across your lease accounting processes.

Centralized data management
Centralize all lease and contract data in one secure platform to minimize errors and ensure easy access for reporting and audits.