Blockchain in the Leasing Industry
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Blockchain in the Leasing Industry

As we have seen, blockchain and distributed ledger technology offer several key advancements over existing technology – secure ID verification and disintermediated execution of encrypted and tamper-proof records, ability to transact and record high volumes of transactions with low costs, as well as avoidance of a centralised database being the single point of failure due…

City of London skyline

VIP Apps Consulting sponsors the International Asset Finance Network 2019

This week, VIP Apps Consulting will be attending and sponsoring the International Asset Finance Network 2019 Conference and Awards, the largest asset finance event in Europe taking place on Thursday 13th June in London. Under the theme From asset and finance to customer and service – how the role of captives, banks and independents is changing…

VIP Apps Consulting Sponsors FLA Annual Dinner 2019

VIP Apps Consulting Sponsors FLA Annual Dinner 2019

VIP Apps Consulting is delighted to sponsor the Finance & Leasing Association Annual Dinner, taking place on Tuesday 26th 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 societies, finance houses,…

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…