Case Study: KP1 achieves reliable, secure consolidation and lease management with insightsoftware Viareport Consolidation

KP1 restates 500 assets with Viareport Consolidation, saving significant time

insightsoftware helped a construction industry customer, KP1, address the challenge of ensuring the reliability and security of their financial consolidation process. They also needed to manage the restatement of lease contracts and long-term leases in preparation for IFRS 16, involving hundreds of assets across multiple companies.

The solution involved implementing insightsoftware's Viareport Consolidation product. This provided an easy-to-use application that saved significant time in yearly consolidations and expertly managed asset leasing. The measurable impact included the successful restatement of 500 assets for lease contracts and preparing for over 300 additional assets under the new standard, all supported by responsive customer expertise from insightsoftware.

KP1