IFRS 16, simplified – how Avoki found clarity with Leasify
When Avoki, a leading IT provider in the Nordics, realized their manual management of leasing and rental agreements in Excel was becoming...
Planning ahead is crucial for making the right decisions and driving business growth. Without a clear overview of costs and assets, predicting changes and adjusting in time can be challenging. Many companies rely on a budget set at the beginning of the year, but reality shifts – planning needs to keep up. That’s where Leasify’s add-on module, Forecast, comes in.
Want to get even more out of your service? With the Forecast add-on module, you get a realistic and continuous view of your financial development. Easily track how leasing costs, assets, and liabilities change month by month, and analyze trends to make data-driven decisions instead of relying on assumptions.
Unlike traditional annual reports, which often present accumulated data, Forecast provides a clear overview of how your finances evolve over time. For example, if costs increase by 10% in a quarter, you'll see it immediately in the report.
With Forecast, planning extends beyond costs like lease payments and depreciation. It also includes balance sheet items such as liabilities and assets, giving you a full financial overview. While larger international companies often require this level of detail, smaller businesses can also gain valuable insights from a more comprehensive approach to financial planning.
For those looking for even more flexibility, we offer an Enhanced Forecast module. Customize account numbers and names, and use color-coded rows for quicker access to the right information. The result? A more structured and efficient approach to budgeting and forecasting. Perfect for those who want maximum clarity and next-level planning.
Want to learn more about how Forecast can make a difference for you and your business? Get in touch – we’re happy to help! You can also explore all our modules here.
When Avoki, a leading IT provider in the Nordics, realized their manual management of leasing and rental agreements in Excel was becoming...
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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