Initially, Qiado supported this customer in the integration of the IAS17 and IFRS16 accounting under the same system and the same process.
Another big challenge in this project was the integration of 6 SAP systems and at the same time integration with a contract management solution.
Qiado supported this customer in defining the IFRS16 process, IFRS16 calculations, and test cases. Moreover, recently Qiado also supported
a second integration due to a Merge and acquisitions done by this company.
Qiado supported this customer from the very beginning of the project until today whereas Qiado is responsible for the application maintenance. This project had several challenges such as 4 different ERP systems to be integrated, IFRS16, and ASC842 standards compliance, different multicultural teams across the world, a very significant amount, and a number of lease contracts. During the implementation, the main activities that Qiado supported were the IFRS16 and USGAPP transition, SLAN configuration, ERP integration, User accepting testing, reporting developing, and enhancement.