Case Study: Accountor achieves safer IFRS 16 reporting with ZenTreasury

Accountor implements IFRS 16 reporting in 3 months with ZenTreasury

Accountor, a Finnish provider of financial and HR software and outsourcing services, faced challenges with its Excel-based system for IFRS 16 lease reporting. The manual process was laborious, prone to errors, and difficult to manage when modifying contracts. Seeking a safer and more efficient solution, they chose to partner with ZenTreasury and implement its lease accounting platform.

ZenTreasury provided a user-friendly software solution that was implemented quickly. The platform enabled Accountor to confidently share reporting responsibilities across its international business units, with Group Finance coordinating. The results included correct IFRS 16 numbers, significant time savings in data entry, and peace of mind that calculations were performed accurately. ZenTreasury's customer service was also highlighted for its superb and indispensable support throughout the process.

Accountor