BST

Bjarne Kahlström works as the Head of Accounting for BST Group, a fire protection company consisting of 28 entities across four countries. Here, he shares how Leasify has streamlined the group’s accounting processes, especially thanks to a smooth currency module. 

In 2021, Bjarne Kahlström took on the role of Head of Accounting at BST Group. Today, he holds overall responsibility for the group’s accounting, taxes, and VAT.

Can you tell us a bit about the company?
– BST Group was founded over ten years ago. In recent years, we’ve experienced significant growth. Today, the group consists of 28 companies across four countries. Our core business is the installation and maintenance of sprinkler systems, but we offer a wide range of fire protection services. For example, we assist with comprehensive fire safety planning for new constructions.

When did you start using Leasify? 
– When I joined two years ago, I saw the need to review how we handled our leasing agreements. At the time, we were using Excel, which can work well if you have only a few contracts. But managing contracts for 28 companies is both time-consuming and risky with Excel. It’s difficult to maintain an overview, and the calculations are sensitive to changes. So, I searched online and found Leasify. What impressed me about the service was its simplicity!

How do you feel about the application's performance and the service provided by Leasify?
– First of all, I have to say that we received excellent support from Leasify to get started. And now, two years later, I can confidently say that the group’s lease accounting has been greatly simplified. One major advantage is that all agreements are stored in one place, allowing me to easily sort them by maturity date. The service also includes built-in controls that ensure accurate accounting. Everything has become much simpler and more secure.

How does our tool handle different currencies?
– Wonderfully! When we add a new contract, we simply enter the currency in which the contract is signed. The service then automatically converts the amounts to Swedish krona at the time of accounting. This eliminates all the hassle of currency conversions. In Excel, this would require extensive work. But with Leasify’s currency module, it happens automatically!

Anything else you’d like to add?
– Another important aspect is that Leasify is constantly evolving and improving. To me, that speaks volumes about their responsiveness and the support they provide to their customers.