Leasing Life Conference & Awards Tallinn 2018

Leasing Life Conference & Awards Tallinn 2018

The 14th edition of the Leasing Life Conference & Awards 2018 is taking place this year on 15th of November in Tallinn, Estonia. The annual conference brings together asset finance professionals and industry disruptors to discuss the critical issues facing the leasing industry. VIP Apps Consulting is delighted to attend and sponsor again this year…

Speed Up IFRS 16 ASC 842 with Oracle FCC Cloud
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Speed Up IFRS 16 ASC 842 with Oracle FCC Cloud

As the deadline to the new lease accounting standards IFRS 16 ASC 842 looms, compliance is at the top of finance managers’ agendas. To comply with the new guidelines, organisations will have to change the way leases are recorded and processed, as the new standards increase complexity, requiring that operating leases now be reflected on…

New Lease Accounting IFRS 16 ASC 842 – Key Steps in the Final Sprint
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New Lease Accounting IFRS 16 ASC 842 – Key Steps in the Final Sprint

With only months lefts before the new lease accounting standards ASC 842 and IFRS 16 become effective, many companies have not taken the steps needed to meet the deadline. In previous posts, we went through lists of questions to help CFOs assess in which stage of the transition plan the organisation is, transition guides and…

VIP Apps Consulting at the International Asset Finance Network 2018
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VIP Apps Consulting at the International Asset Finance Network 2018

This week VIP Apps Consulting we will be attending the International Asset Finance Network 2018 Conference and Awards, taking place on Thursday 13th September at the Park Plaza London Riverbank. Under the theme People, pain points and processes: how technology is transforming auto, fleet and equipment finance, the IAFN event provides focussed content for auto retail,…

Why an Effective Transformation Strategy Focuses on Processes First
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Why an Effective Transformation Strategy Focuses on Processes First

The unprecedented speed of the disruptions caused by new technologies and changing customer expectation is putting more pressure on organisations in the leasing and asset finance industry to embrace digital strategies and be more responsive and agile. Organisations tend to focus on the technology innovation, and in most cases, the reality is that they are…

Automation and the Modern Finance Function
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Automation and the Modern Finance Function

Advances in technologies like robotics (RPA), artificial intelligence (AI), and machine learning are driving a new era of automation in the finance function. Companies in the leasing and financial services industry face market changes characterised by the rapid evolving speed of disruptive technologies, where even digital-born companies need to transform continually to stay up to…

New Leases IFRS 16 ASC 842 – How to Achieve Compliance on Time

New Leases IFRS 16 ASC 842 – How to Achieve Compliance on Time

The new lease accounting standards IFRS 16 and ASC 842 come into effect on January 2019, and as we are nearly halfway through 2018, organisations are running short on time to comply with the new guidance. In this post we will review some critical project considerations, so you can jump-start your implementation journey and finish…

Leasing and Asset Finance Relevance in Circular Growth Business Models
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Leasing & Asset Finance: Relevance in Circular Growth Business Models

Leasing & Asset Finance may not be real definers of Circular supply-chain and manufacturing innovation for a Circular economy. However, our industry has a key opportunity to enable funding for these manufacturers/dealerships, and more importantly, to provide lifecycle asset management which is pivotal on all of the potential growth business models in a Circular economy. In…

Leasing & Asset Finance: An Industry Need to Embrace the Circular Economy
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Leasing & Asset Finance: An Industry Need to Embrace the Circular Economy

Up until now, Leasing & Asset Finance for businesses has predominantly been about the tax and cashflow advantages it offers; and these benefits are not under question. However, Asset Finance as an industry is in a prime position to drive adoption towards the circular economy and hence there is a growing need for Leasing &…

Leasing Beyond Assets: Financing the Customer Needs for Circular Advantages
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Leasing Beyond Assets: Financing the Customer Needs for Circular Advantages

Sustainability has become a fundamental aspect of every business strategy across industries, and this has ignited growing interest in the leasing industry for the circular economy model because of the significant opportunities it brings for more responsible asset management. Moving to a circular economy does not happen overnight; it is a very gradual strategic process. …