Case Study: Nexity achieves IFRS 16 compliance with Longview Viareport Lease

Nexity manages 15,000 lease contracts with Viareport Lease

Nexity, a real estate and leasing company, faced the challenge of complying with the new IFRS 16 accounting standard, which required them to manage a large portfolio of 15,000 leases. They needed a user-friendly and easy-to-deploy software solution that could efficiently import these numerous contracts and automatically transfer updated data to their consolidation system, a process that was too complex to handle manually.

Longview provided its Viareport Lease solution, a cloud-based software that simplified procedures and reduced manual data entry. This implementation allowed Nexity to successfully import and manage all 15,000 contracts within the application. The Longview software was noted for being very user-friendly, requiring no specific training for the team, and it seamlessly automated the transfer of updated data to their consolidation software.

Nexity