Quadrent, an Australasian leasing and consulting firm with nearly 20 years’ experience, is excited to announce that MMG Limited, a global resources company, has chosen LOIS as the solution for transitioning to the new leasing standard IFRS 16.

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MMG were looking for a full IFRS 16 compliance solution across a material leasing portfolio. In addition to compliance, LOIS also provides a simple, easy to use and intuitive SaaS tool that can support the transition to the requirements of the new standard across a diverse portfolio in a timely manner.

With Quadrent’s core leasing knowledge and the LOIS team’s accounting background we are able to leverage the functionality of the LOIS lease accounting platform for a varied portfolio in order to quickly deliver a full service solution for the IFRS 16 changes.

Find out more about LOIS here.