Leasify

Are you affected by the International Financial Reporting Standard 16?

Are you affected by the International Financial Reporting Standard 16?

IFRS 16, introduced in 2019, is an international accounting standard that has significantly impacted companies' balance sheets. It is now mandatory for companies to record most of their lease contracts directly on the balance sheet, marking a...

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Leasify: Strong 2022 increased revenue by 40 percent

Strong 2022 for Leasify: Our revenue increased by 40 percent

Leasify was founded in 2015 with the objective of digitizing the leasing industry and helping companies with procurement and better agreements for...

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Leasify: Lack of control over leasing agreements can result in serious financial consequences

Managing IFRS 16 Leasing Agreements to Avoid Negative Consequences

For financial executives, it is important to have a comprehensive overview of all leasing agreements that impact the company's finances, and to...

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The challenges of compliance regarding IFRS 16 accounting

The challenges of compliance regarding IFRS 16 accounting

IFRS 16 is an accounting standard that affects how companies report leasing agreements in their financial reporting. Implementation of IFRS 16 can...

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Leasify: Why switch from Excel to a system for managing IFRS 16?

Why switch from Excel to a system for managing IFRS 16?

Using a self-built Excel solution to manage and report leasing agreements in accordance with IFRS 16 can pose certain difficulties. Here are some of...

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Leasify: Maximize your financial reporting efficiency with our expert tips for successful lease management

Maximize financial reporting efficiency with lease management tips

Companies that report according to K3 have an increased risk of incorrect reporting if they wait until the last minute to review their leasing...

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Avoid mistakes in lease accounting

Avoid mistakes in lease accounting

Most companies reporting under Local GAAP wait until the end of the year to review their leasing agreements. However, the risk of inaccurate...

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The cost of not keeping track of your lease agreements can be significant

A company that manages tens, hundreds, or perhaps thousands of lease agreements in a spreadsheet often has difficulty keeping track of the status of...

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OCR Module released as beta

Optical Character Recognition (OCR) scanning can be useful for PDF documents because it allows you to extract text from the document and use it in...

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Leasify and Konsolidator

Konsolidator adds the IFRS 16 tool Leasify to their software

Leasify has entered a cooperation agreement with the Danish, listed, cloud SaaS (Software as a Service) company Konsolidator A/S. This means that...

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Would you like to know more?

Are you interested in knowing how we can improve your current accounting process? Feel free to reach out – we're here to help.