The Holistic Software for Contract Management, Leasing, and Revenue Recognition
Achieve efficiency and compliance with IFRS 15, IFRS 16 and other standards. Elevate your accounting to new heights!
Achieve efficiency and compliance with IFRS 15, IFRS 16 and other standards. Elevate your accounting to new heights!
IFRS 16 is the international financial reporting standard for the recognition, measurement, presentation, and disclosure of leases such as propertyor vehicle leases. A distinction is made between the lessee and lessor perspective.
The objective of international financial reporting standard IFRS 15 is to provide a comprehensive revenue recognition model from a contract concluded with customers, considering the nature, amount, timing, certainty, and cash flow.
ASC 842 is the lease accounting standard by the FASB for entities reporting under US GAAP. The standard imposes guidelines to ensure precise reporting and a more standardized approach to lease accounting in the US.
Local generally accepted accounting principles (GAAP) refer to the rules that must be followed in a particular country when filing financial statements. GAAP must be legally implemented by any publicly traded and regulated company.
Contavio provides you with an extensive solution for all relevant areas of contract management and finance reporting – regardless of your country or industry.
Cover every relevant financial reporting aspect in one application
Focus on your business by efficiently streamlining your contract management
Stay on top of all important reporting figures and tasks at a glance
Save time and energy with Contavio's simplified architecture and structure
Always be compliant with relevant audit requirements using Contavio
Even after implementation, we help you with technical and IFRS related questions
Contavio covers all areas of IFRS 15 and IFRS 16 and several other accounting standards. It is possible to perform individual local GAAP postings. Use Contavio as a contract management system or as a calculation tool.
The modular approach of Contavio allows you to digitalize the parts of the processes you need most. Gather all your contracts in one place or replace your spreadsheets with automated calculations.
Book a free live presentation of our software. We are happy to answer all of your questions, check weather Contavio is a good fit for your organization, and talk about a 14-days trial. Or just send us a message. We will come back to you as soon as possible.