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IFRS 16 SOLUTION ON

SAP PLATFORM
PRODUCT COMPARISON

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TYPE OF LEASES
• NON-MOVABLE LEASES - THESE ARE MOSTLY REAL ESTATE LEASES (LAND,
BUILDINGS, FARMS ETC
• MOVABLE LEASES - THESE ARE MAINLY EQUIPMENT LEASES, SOFTWARE
LICENSES, INTELLECTUAL PROPERTY RIGHTS ETC.

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COMPARISON – LEASING SOLUTION WITH SAP ERP
Sr # Area of Comparison SAP LAE SLAN SAP RE-FX
1 Compatibility with SAP New Asset Accounting (FI-AA New) Not Compatible Compatible Compatible
2 Compliant for IFRS16 & ASC842 NA YES YES
3 E2E Property Management NA Can not be done Can be done
4 Can handle both Property & Equipment – Leasing (ONLY) NA YES Not Recommended
5 High Volume of Equipment leases & Less of property leases NA Favorable Not Favorable
6 High Volume of Property leases & Less of equipment leases NA Favorable Favorable
7 Cost (Licensing + AMC) NA Less High
8 Maintenance & Flexibility NA High Less
9 Non-Movable leases for Lessee companies NA Considerable Favorable
10 Movable leases for Lessee companies NA Favorable Not Recommended
11 Lessor solution for non-movables NA Not Favorable Favorable
12 Lessor solution for movables NA Favorable Not Favorable

SAP LAE is not compatible with SAP FI-AA (New) with SAP ECC6.0 and S/4HANA so this component is not considered for any comparison as SAP does not have any immediate plan for making it
compatible even in S/4HANA 1709 release

LAE – Lease Accounting Engine


SLAN – SAP Lease Administration with Nakisa
RE-FX – Flexible Real Estate
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SLAN
• SLAN PROVIDES AN INTERFACE TO ENTER AND MAINTAIN CONTRACTUAL ATTRIBUTES OF LEASES AND RELATED
ASSETS IN ORDER TO OPTIMIZE LEASED ASSETS PORTFOLIO MANAGEMENT. THE SOFTWARE PROVIDES:
• END-TO-END LEASE CONTRACT MANAGEMENT
• LEASE ACCOUNTING AND REGULATORY COMPLIANCE WITH ASC842/IFRS 16
• LEASE LIFECYCLE EVENTS SUCH AS EXTENSIONS, TERMINATIONS, BUY-OUTS AND RE-ASSESSMENTS.
• ANALYTICS AND REPORTING
• BUILT-IN INTEGRATION CAPABILITY WITH SAP LEDGERS.
• CAN BE CUSTOMIZED TO INTEGRATE WITH OTHER LEDGER SYSTEMS.

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THANK YOU

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