Quadrent, providers of the LOIS SaaS lease accounting platform, is proud to announce that dnata have signed and are in the process of finalisation for the implementation of the LOIS solution for the transition to IFRS 16.
As one of the world's largest providers of air services dnata intend to use the comprehensive LOIS accounting lease engine to ensure they achieve full IFRS 16 compliance and all the relevant reporting required.
Quadrent, with numerous New Zealand and Australian clients live, are excited to bring another key corporate towards the end of their IFRS 16 journey.
Quadrent is Australasia's leading and most trusted equipment financier and lease portfolio software provider. We enable you to deliver your technology solution via a leasing structure, and manage and report on your lease & asset portfolio for compliance with IFRS 16. Find out more about our services.
LOIS provides you with a consolidated view of all leases within your business structure and full IFRS 16 compliance, whether it be one entity or a global corporate. LOIS refers to Quadrent’s Lease Optimization Information System, which is a fully integrated portfolio and asset management tool for all your IFRS16 lease accounting compliance. We operate it under a master agreement. Plus, we’re the only supplier in Australasia. Read more about LOIS.
LOISlite is a cost-effective IFRS 16 / AASB 16 solution that negates the need for internal resource and a full system, while still using a proven platform. Find out more here.
If you're interested in understanding more about IFRS 16 Compliance and LOIS, here are a couple of resources we can provide: