Case Study: BDC achieves IFRS 16 compliance and simplified lease accounting with insightsoftware Lease

BDC - Customer Case Study

BDC, Canada’s bank devoted exclusively to entrepreneurs, faced the challenge of complying with IFRS 16 for more than 100 lease contracts by the start of its fiscal year in April 2019. After evaluating market options in 2018, BDC selected insightsoftware’s Lease solution for its turnkey, IFRS‑16‑focused functionality, ease of use and rapid deployment.

insightsoftware deployed Lease to BDC’s finance teams in September 2018 with remote training, enabling on‑time compliance by April 2019. The solution provided intuitive lease monitoring, automated IFRS‑16 calculations and accounting entries, role‑based controls and strong vendor responsiveness—resulting in smooth user adoption, improved lease visibility and reliable audit‑ready reporting.

BDC