SPECIAL PRESENTATION & DEMO [On-Demand]

According to PwC, 57% of companies report difficulties maintaining accurate lease data.  

Compliance with the latest lease accounting standards can pose a huge challenge. Many finance teams struggle with manual processes, spreadsheets, and disjointed data sources that increase audit risk, errors, and delays in reporting.  

Introducing Lease Accounting on Prophix One  

In talking to our customers, we heard that there are challenges to overcome in lease accounting.  That's why Prophix is thrilled to partner with Cradle, a lease accounting provider that brings deep expertise in navigating complex lease accounting standards such as IFRS 16 and FRS 102.  

Simplify your compliance with the power of Cradle and Prophix  

Join us to learn how lease accounting on Prophix One will help you:  

• Meet compliance with lease accounting standards: Specifically built to handle all permutations of lease accounting standards including IFRS 16 and FRS 102.
• Simplify foreign exchange accounting with currency conversions.  
• Streamline lease accounting and management by automating and centralising all your lease documentation in a secure, cloud-based solution that mirrors the structure of your organisation.
• Enhance controls with lease modifications tracking, role-based user permissions, and uniform calculations.