We are “Hamilton Team” in Indonesia, who developed a sophisticated engine to help organizations in the world to adopt IFRS with ease. Our solution is unique, we call it “Hamilton engine”, it is an integrated solution providing a complete solution for IFRS 9, IFRS 15, IFRS 16 and IFRS 17, their use cases and its mandatory quantitative disclosures. We dedicate our resources to help companies around the globe to implement the new accounting standards, IFRS. Everything we do is about you, from business analysts, developers, project managers, solution architects and partners who know exactly how to implement IFRS for you, we prioritize what you need to get the best options and the optimized solutions.
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Hurry up and get ready. By 2019, virtually all businesses in the leasing ecosystem must have solutions in place to meet the new standards for lease accounting: IFRS 16 and ASC 842, which were issued in 2016 by the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB).
Whether you're a lessor or a lessee, your company will be impacted by the changes.
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As a lessee, your leases will become on-balance sheet liabilities, changing the way your company's assets and debt appear in your accounting books. Among other areas of impact, the pattern of recognizing expenses will also change.
As a lessor, the practice of classifying leases will remain similar — finance
lease or operating lease — but the revenue recognition guidelines are changing.
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Wider areas of business impact are certain, especially in key reporting metrics
for companies with large lease portfolios. You can use this time as a perfect opportunity to make improvements to your end-to-end lease administration and management processes.
The Hamilton leasing solution is a pre-configured SAP on-premise application that is simple and fast to implement.
Hamilton is a comprehensive solution for lessors and lessees that is designed to shorten the implementation process, create efficiencies, and assure long-term compliance with current and future accounting standards.
Choose Hamilton to for lease administration, lease accounting and compliance, or both. It supports lease contract creation and management and every accounting feature you can think of, from classification, accruals, and payments to business document generation, disclosure, and reporting.
The Hamilton solution is really a framework, powerful enough to automate all your business's accounting processes and flexible enough to keep you in compliance with IFRS 16/ASC 842 and all future lease accounting standards.
Use-case driven rules engine that eliminates the need for
user intervention.
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Auto-generated financial reporting and disclosure information
to meet any industry standard compliance requirement –
current or future.
Multi-currency calculations and parallel ledger support.
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Customizable data views for unlimited business purposes,
such project management and lease assessment.
