Monthly closings, quarterly reports – and dozens of lease contracts that need to be recalculated, updated, and properly reported. Sounds familiar? That’s the everyday reality pushing companies to find ways to simplify and improve the accuracy of their IFRS 16 processes.
During our recent webcasts, we asked finance professionals which tools they currently use to manage their lease contracts. The results were not surprising: while some organizations still rely on “good old” Excel, more and more are turning to innovation and adopting dedicated solutions. Among these, our dLease platform is starting to stand out.
Looking at time spent tells a clear story — organizations are increasingly shifting toward automated solutions like dLease. About a third of companies (31%) admit they spend more than ten days a year on IFRS 16 calculations, and another 15% say it takes them between 6 and 20 days annually.
Companies agree — the toughest part of IFRS 16 isn’t the standard itself but the daily grind. The most common issue is handling lease modifications, which over 41% of respondents struggle with. Almost as challenging is collecting and consolidating the necessary data (39%), closely followed by the sheer volume of lease agreements that complicate both visibility and processing (32%). The result? Time-consuming workflows, manual recalculations, and a higher risk of errors.
Simplicity, clarity, consistency, and confidence in accuracy — these are the key factors driving companies toward automation. Instead of chaotic spreadsheets and endless recalculations, smart tools like dLease take over.
dLease helps companies shorten their closing cycles and minimize the risk of errors. With dLease, you can be sure every calculation is correct. IFRS 16 stops being a burden and becomes a natural part of efficient financial management.
And what’s the most bizarre leasing case auditor Tomáš Kachlík has ever encountered? Check out the interview!
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