End-to-End Lease Management, Accounting and Reporting Software for Real Estate, Vehicles and Equipment (ELM)
Dedicated to helping you meet the new US GAAP and IFRS Lease Accounting Standards (IFRS 16/ASC 842) Trimble has been thoughtful and deliberate in its development of the new Manhattan FASB/IASB functionality.
Is your Lease Accounting Technology fit for Purpose?
Will your current system be able to store lease data and perform the complex calculations that will be necessary in future?
Is your existing system capable of supporting multinational reporting requirements, including the significant differences between the new FASB and IASB standards?
Does your lease accounting software provide an audit trail for all significant transactions such as the initial classification, the initial calculation of NPV of Future Lease Obligation and Right of Use (ROU) Asset, and the unwinding of the Obligation and Asset?
Top Reasons why Manhattan is the right choice for
addressing the new Lease Accounting challenges
|#1: Innovative Design Philosophy for Confident Compliance
Manhattan features 90/10QRRR, a unique approach for Quantifying, Recording, Reclassifying and Reporting on leases - 90% automated and only 10% manual
|#2: Greater Accuracy and Transparency
Manhattan has the capability to have a more granular set of charge codes that are expended to encompass the new charge codes needed to support FASB and IASB. Postings can be #tagged for greater analysis capabilities
|#3: Process and Record Multiple Subledgers
Manhattan uniquely allows concurrent use of multiple embedded subledgers
|#4: Retrospective Processing
Manhattan simultaneously supports both FASB and IASB compliance in the same system and can retrospectively process Lease Accounting transactions and Journal Entries regardless of the date of implementation
|#5: One, Global Solution
Manhattan provides accounting, lease management and compliance in a single, holistic system, supporting multi-GAAP, multi-entity, multi-language and multi-currency
This advanced, systematic development approach was carefully designed to make Manhattan faster and easier to use than other solutions. As a result, it will substantially ease the significant additional reporting burden being placed on all lessees of real estate, vehicles and equipment.
Questions? Ready to Evaluate Manhattan?
Looking to submit an RFP?
To submit an RFP please click here.
To arrange a demonstration of Manhattan or ask a question please fill in the contact form or call your regional office.
- Americas +1 800 850 2660
- Europe +44 20 7269 8500
- Australia +61 2 8059 6700