Embark on a journey towards refined financial management by bidding farewell to the complexities of IFRS 16 Implementation in Lease accounting. Embrace a world of precision, compliance, and optimal resource utilisation as you transition to IFRS 16. With AIS Consulting and the advanced capabilities of CCH Tagetik software, allow us to guide you through this process, enabling you to concentrate on the growth and success of your business.

Effortlessly conquer the challenges of IFRS 16 / ASC 842 Lease accounting through the power of digital finance.

Master IFRS 16 / ASC 842 Lease Accounting with Ease.

Bid farewell to the complexities of IFRS 16 Lease accounting as you embrace the seamless capabilities of digital finance. Unlock a world of simplicity and accuracy, ensuring compliance and optimal resource utilisation of IFRS 16 Implementation. Let us guide you towards effortless mastery, allowing you to focus on what truly matters – your business’s growth and success.

Collaborate with AIS to turbocharge your lease financial reporting using the dynamic CCH Tagetik Lease Accounting software solution.

Embark on a transformative journey with AIS and leverage the dynamic prowess of CCH Tagetik Lease Accounting software. Witness your lease financial reporting reach new heights of efficiency and accuracy. Together, we’ll propel your financial processes into the future, enabling you to stay ahead in a rapidly evolving financial landscape with IFRS 16 Implementation.

Get compliant quickly
Automate your IFRS 16 / ASC 842
Manage changing lease regulation
Get operational value from your lease repository

Centralise thousands of leases effortlessly with CCH Tagetik IFRS 16 Implementation. Simplify complex accounting for currencies, ERP systems, and charts of accounts.

Unify thousands of leases within a single centralised database. Regardless of the multitude of currencies, ERP systems, or charts of accounts you’re managing, CCH Tagetik simplifies intricate lease accounting processes by consolidating lease data into an intuitive, adaptable solution designed for effortless use.

Simplify the complexity of managing thousands of leases by adopting the streamlined power of CCH Tagetik. Whether you’re navigating multiple currencies, ERP systems, or charts of accounts, our solution provides an elegant and user-friendly approach to centralising lease data. Experience a new era of efficiency and control, ensuring accurate and compliant lease accounting processes with ease.

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CCH Tagetik Provided for Halma a platform with a robust IFRS 16 Implementation solution to bring standardisation across the group without adding complexity.

What are your key financial challenges?

We are a collection of about 45 businesses in some high-return, high-niche markets, and it is quite demanding from a finance point of view to control and understand the performance of each of those businesses.
We need to respond to our partners very rapidly, having good quality data that you can turn into meaningful, insightful information to drive decisions, make changes and ultimately boost returns.

Why CCH Tagetik?

We chose the CCH Tagetik system because it met all of our demanding functional and non-functional requirements. During the demo phase the system had the best look, feel and user experience and we were really impressed that the CCH Tagetik team listened very carefully and responded to our needs.

How was implementation?

We set an aggressive timetable of 13 weeks for implementation, to get it deployed across 45 different businesses. We successfully deployed this in the timeframe and were fully compliant with IFRS 16 for our half-year reporting: a great result.

What have you achieved with CCH Tagetik?

At a group level the CCH Tagetik Lease Accounting system gives us a global view on the complex accounting reporting of all our businesses. It also enables all our 45 operating companies to be compliant in a consistent and standardised way. Finally, a single platform for all of our operating businesses means greater knowledge sharing and efficiency across all our operations. The best tool for an IFRS 16 solution is one that has robust controls and workflows with validations. At Halma, the three challenges of implementing the new standard were adding new processes without adding complexity, ensuring standardisation across all of our 45 businesses and ensuring accountability for our local operations.

The CCH Tagetik IFRS 16 Implementation solution was fantastic for Halma. The team were great, we deployed it on time, and I would certainly recommend it.

RICHARD HALEY

Director of Group Finance, Halma

AIS Consulting have been at the forefront of digital finance transformation in the UK and Ireland for 20 years. We have exclusively focussed on delivering digital finance transformation through the CCH Tagetik Corporate Performance Management (CPM) solution for the last 8 years.

Our team of 18 qualified CCH Tagetik consultants are experts in the delivery of Financial Close and Consolidation, Planning, Budgeting and Forecasting, Disclosure and Management Reporting and ESG and Sustainability Reporting solutions into mid-market and enterprise organisations across sectors including Manufacturing, CPG, Retail and Service.

If you would like to find out more about CCH Tagetik Close and Consolidation and how AIS Consulting can help transform your current process and at the same time digitally upskill your team, complete this form to book a quick chat or discovery call.


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