IFRS 16 LOIS Implementation Leasing Software New Accounting Standard

Quadrent sign LOIS lease accounting agreement with EnviroNZ

By Paula Macris Jul 12, 2019 9:32:45 AM

Quadrent, an Australasian leasing and consulting firm with nearly 20 years’ experience, is excited to announce that EnviroNZ, New Zealand’s leading waste and resource recovery specialist, has chosen LOIS as the final solution for transitioning and reporting on the new leasing standard IFRS 16.

EnviroNZ banner

EnviroNZ were looking for a full IFRS 16 compliance solution and selected LOIS due to the easy to use and intuitive SaaS interface, that can support the transition to the requirements of the new standard in a timely manner.

With Quadrent’s LOIS team’s accounting background, we are able to leverage the functionality of the LOIS lease accounting platform to quickly deliver a full service solution for all aspects of IFRS 16, while also hitting the strict timelines and detailed reporting of the corporate parent.

Find out more about LOIS here.