Update May 2013: Since the publication of this article in December 2010, there have been significant delays to the re-drafting of the Lease Accounting Standards ED1. The Re-Exposure Draft was finally published in May 2013 and, as expected, that it still contains significant changes for both Lessees and Lessors, including many of the issues discussed in this article. Will IT …
Tag: White Clarke
Jun 01
Achieving efficiency in a new dimension
My introduction to pan-European finance technology came on the day Europhile Tony Blair became prime minister. After casting my vote, I drove to my companies newly opened Paris office to struggle with installing a French version of Windows 95 from 24 floppy disks. Since then I have become well versed in the benefits and practice …
Jan 01
2009 – A Year of Change in Finance Systems
Despite the relative absence of large new clients, lease software vendors are still investing in their products, particularly their back office functions, reports Nic Evans in January 2010 Leasing Life. Finance Companies are expecting their technology to work harder in these tough times. As many organisations start new budget periods in the new year …