VIP Apps Consulting will be attending and sponsoring the Asset Finance Connect UK Conference and Awards (formally IAFN Conference and Awards) on the 9th November at ETC Venues St Paul’s 200 Aldersgate London EC1A 4HD. The AFC UK Conference & Awards returns for 2021 as a physical event and will run as a single day conference made up of keynotes, plenary discussions…
On June 16 2021, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) that would improve discount rate guidance for lessees that are not public business entities. Private companies, not-for-profit organisations, and employee would benefit from the plans. ASC 842 allows private companies to make an accounting optional policy election to use a…
We are proud sponsors of the World Leasing Yearbook 2021, the leading global intelligence resource for leasing and asset finance professionals, now in its 42nd year of publication. The new edition provides unrivalled and valuable reference data, covering 364 pages it is the essential guide for all leasing and asset finance professionals. The indispensable directory…
The Finance and Leasing Association (FLA) recently held the Asset Finance Technology Seminar, where they explore the impact technology is having in the sector and the opportunities it offers. Our Managing Director, Daypesh Patel was invited to share our insights on core technology strategies for operational excellence via process automation and cloud-based solutions, followed by…
The implementation of IFRS 17 has presented significant accounting changes, and its adoption will require close collaboration within insurance companies’ internal departments. Outlined below are a few key considerations for the implementation of IFRS 17: Insurance providers are monitoring the Standard as it evolves to ensure their data is analysed, new business processes are identified…
The recent IAFN webcast on Robotic Process Automation (RPA) in Equipment and Auto Finance that VIP Apps sponsored highlighted how businesses can approach intelligent automation for their business processes in an efficient and holistic way. The panel included representatives of businesses who are already well along their RPA journey, or are just beginning the process…
We are the proud sponsors of the IAFN International Asset Finance Network‘s Online Conference webcast Robotic Process Automation in Equipment and Auto Finance taking place on Thursday 23rd July at 1PM BST / 2PM CET. The panel will discuss during one hour briefing RPA use cases in the industry and the different approaches to business processes…
The COVID-19 pandemic is causing pain personally and professionally for many in our industry and our clients’ industries. Uncertainty of businesses’ chances of survival, even with the level of financial support governments are releasing to curb recession, decisions made now, and the direction we take on the road to recovery. Decision’s businesses take next will…
VIP Apps Consulting is delighted to sponsor again the FLA Finance & Leasing Association Annual Dinner 2020 taking place on Tuesday 25th February at the prestigious Grosvenor House in Mayfair, London. The FLA Annual Dinner, is considered the highlight of the finance and leasing industry’s calendar, bringing together over 1,500 guests representing more than 100 companies, spanning from banks, building…
A global medical technology company selected VIP Apps Consulting to lead an end-to-end lease accounting system compliance project and the integration with the existing Oracle ERP system. For the testing phases, VIP Apps Consulting teamed with TechnoSolutions and their TopTeam solution to: –enhance the ability to log and track functional requirements, and -provide professional-quality reporting…
