IFRS 16 LOIS Implementation Leasing Software New Accounting Standard

Quadrent sign LOIS lease accounting agreement with Sanford

By Paula Macris Aug 22, 2019 10:26:59 AM

Quadrent, an Australasian leasing and consulting firm with nearly 20 years’ experience, is excited to announce that Sanford, New Zealand's leading seafood company, has chosen LOIS as the solution for transitioning to the new leasing standard IFRS 16.

Sanford Banner

Sanford were looking for a full IFRS 16 compliance solution and LOIS provides a simple, easy-to-use and intuitive SaaS tool that can support the transition to the requirements of the new standard across a diverse portfolio of assets.

With Quadrent’s core leasing knowledge and the LOIS team’s accounting background we are able to leverage the functionality of the LOIS lease accounting platform for a complex portfolio in order to quickly deliver a full service solution.

 

Find out more about LOIS here.