IFRS 16 SOFTWARE
IFRS 16 Lease Management.
Lease accounting application for managing lease contracts, related payments, and IFRS 16 reporting.
Fatman Frame IFRS 16 Lease Management software is a comprehensive solution for managing lease contracts and related payments according to the IFRS 16 standard.
With integrated BI tools and AI agents, lease management becomes significantly faster and easier for finance teams.
Trusted by international publicly traded companies
AI-READY – WORKS WITH AI ASSISTANTS
Put an AI agent to work on your leases.
LM Agent brings Frame IFRS 16 Lease Management into the AI assistant you already use, like Claude or Microsoft Copilot. It uses your contract data, calculations and business logic in Fatman Frame to answer questions and take routine IFRS 16 work off your finance team.
CALCULATE → UPDATE → EXPLAIN → PREPARE
IFRS 16 Calculator.
LM Agent calculates the impact of contract changes, updates calculations, explains the results and prepares the information for reporting. Just ask, and LM Agent answers. It doesn’t only know your data. It understands the context: your contracts, your history and how your business works.
Lease contracts.
Consists of standard lease contract data as well as additional data fields for IFRS 16 specific information to enable correct calculation of right-of-use assets and lease liabilities.
Financial reporting.
Generates bookkeeping transfer material according to the IFRS 16 standard and transfers the data to your accounting or consolidation system, as well as forms the notes required by the standard.
IFRS 16 frequently asked questions
Frame is built for publicly listed companies and other corporations in the European Union that report leases under IFRS 16. Finance teams use it to manage lease contracts, calculate right-of-use assets and lease liabilities, and produce bookkeeping transfers and notes.
Frame is designed for large lease portfolios, and there is no practical limit on the number of contracts. Our largest customers manage many thousands of lease contracts in a single Frame database.
Frame produces a bookkeeping transfer file that is configured for each customer: file format, chart of accounts and posting rules. The file can be downloaded or delivered automatically by SFTP, so Frame can be connected to practically any accounting or consolidation system that can import a file. Frame is already in use with SAP ECC and S/4HANA, Oracle FCCS, Oracle Hyperion HFM, IFS, Microsoft Dynamics NAV and Fina. These are references, not limits.
Implementation is straightforward and typically takes one to three months. The exact time depends on how much is tailored to your processes and how much data is migrated from your previous system. Every project starts with a specification workshop, so scope and schedule are agreed before the work begins.
Yes. IFRS 16 figures are calculated monthly and year to date and made available for Power BI. You can use Frame’s Power BI reporting or connect your own BI tools to your lease and IFRS 16 data.
Yes. A single lease contract can carry both. Lease payments are booked to your local (FAS) accounts, and Frame calculates IFRS 16 alongside them. The IFRS 16 transfer file reverses the FAS lease expense and books depreciation and interest instead. You can also manage FAS-only contracts without IFRS 16 calculations, and report lease commitments for the notes to the financial statements.
All data is stored in the EU. Customer databases are hosted in a professionally managed data centre in Finland, with managed backups. BI data, documents and APIs run in Microsoft Azure in the EU.
Make IFRS 16 reporting easier.
Our experts are happy to show you how.
Everything your finance team needs in IFRS 16 software.
- Lease contract data electronically modeled as well as the original contracts as PDF attachments.
- Tools for managing all common changes to contracts, such as changes in duration, scope, price etc.
- The figures and notes required for financial reporting.
- Mass update features for executing index increases.
- Notification functionality to enhance management of contracts.
- Possibility to create SEPA material for lease contract payments and the related bookkeeping transfer files.
Planning to replace your IFRS 16 lease accounting software?
It might be time to change your IFRS 16 reporting solution if your current system is:
- A generic tool that has not been developed for this specific need.
- Designed in a way that requires a significant amount of manual work and expertise from your finance team.
- Limited to a small group of people due to an inefficient pricing structure.
- Difficult to adjust and update in case of organizational changes.
Book a free demo or ask us anything.
Do you want to see how our solutions work in practice, or do you have a question about implementation, integrations or AI agents? Fill in the form and one of our experts will contact you to agree on next steps. There’s no commitment.