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Functionalities

  • Introduction of the respective contractual characteristics and validation of whether the contract meets the Leasing definition, creating alerts for situations requiring analysis.
  • Recording of contractual modifications that may occur in a lease.
  • Use of practical expedients: short-term and low-value.
  • Loading of costs associated with the contract by the different lease and non-lease components.
  • Monthly calculation of lease liabilities and right-of-use, as well as associated interest and amortization.
  • Generation of accounting transactions for integration with accounting.
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Benefits

  • Complete record of all activities, both manual and automated, for compliance and audit purposes.
  • Alert management
  • Process automation, which means greater effectiveness and reduced risk
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DBS RR

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DBS IFRS9 (Horus)

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DBS Argus