Case Study: Accountor achieves safer IFRS 16 reporting with ZenTreasury

How ZenTreasury brought safety and peace of mind to IFRS 16 reporting

Accountor, a financial and HR software and outsourcing provider operating across seven countries, needed to replace an increasingly cumbersome Excel-based process for IFRS 16 lease reporting. As contracts changed and new leases were added, the risk of errors grew, and the company began looking for a dedicated lease administration solution. After evaluating several options, Accountor chose ZenTreasury.

ZenTreasury implemented its IFRS 16 reporting platform quickly, allowing Accountor to move from Excel to a more reliable and collaborative process. The solution helped ensure accurate calculations, simplified data entry and updates, and enabled reporting responsibilities to be shared across business units and international teams. Accountor reported being able to start using ZenTreasury for IFRS 16 reporting within about three months of signing, with customer service helping them meet their consolidation requirements and achieve greater peace of mind.

Accountor

Elina Finnilä

Financial Controller of the corporation