Context and task
For a banking environment, lease accounting must comply with the requirements of the Bank of Russia, IFRS 16 and internal rules for the classification of contracts. Errors in lease valuation affect reporting, control and management decisions.
What did RESTART do?
RESTART participated in the finalization of accounting for lease agreements to perform assessments according to Bank of Russia Regulation N 659-P and IFRS 16, integration with SAP FI, FI-AA, DMS, reflection of accounting transactions, accounting for contract modifications and reporting.
Architecture, management and control
The project required linking financial methodology, SAP ERP, document flow, classification questionnaire, expert approval and reporting across two sets of requirements.
Results and evidence
- the time for generating reports under contracts classified as finance leases has been reduced;
- the reliability of data for classifying leases as finance or operating has increased;
- a questionnaire was implemented in the system;
- approval by experts was transferred to EDF;
- integration with SAP FI, FI-AA and DMS is provided.
Effect guidelines for similar projects
If some of the metrics for a specific project are not publicly disclosed, we show benchmarks that are usually used in similar enterprise projects as KPIs for a pilot or industrial launch. This does not replace the customer's actual results, but helps the CIO/CFO/CISO understand what effects are worth measuring.
Classification
KPI is the percentage of contracts that are processed using a single questionnaire without manual interpretation.
Reporting
The reporting preparation time and the number of manual adjustments are measured.
EDI
Value comes from transparent expert approval and verifiable decision history.
Compliance
The stability of the solution to changes in requirements and accounting policies is important.
Why is this important for the client
The case is important for the financial sector: it shows how RESTART works with banking regulations, SAP ERP, lease classification, electronic document flow and reporting in one loop.
Let's discuss your environment
Describe the task, current systems, constraints, and expected results. We will offer a practical first step: diagnostics, pilot, audit, roadmap or project team.
