Case Study: Braemar achieves IFRS 16 compliance and centralised, reliable lease accounting with IRIS Software Group’s Innervision

How Innervision supports Braemar’s global operations

Braemar is a global shipbroking and maritime advisory firm headquartered in London that manages a network of office leases worldwide. To meet IFRS 16 compliance and eliminate the risks and inefficiencies of spreadsheet-based lease accounting, Braemar adopted Innervision by IRIS Software Group.

IRIS Software Group implemented Innervision as a centralised lease accounting platform, assigning a dedicated specialist to support setup and enable Braemar’s finance team to become self-sufficient. The solution removed manual calculations and version-control issues, delivered consistent Excel outputs, improved reporting accuracy and audit-readiness, and reduced risk and improved control across 20+ global office leases while significantly cutting the time spent on month-end and year-end reporting.

Braemar

Philip Garcia

Group Financial Controller