Lease Hub: Smartly simple

Get on top of AASB 16 with a cloud-based solution powered by our lease accounting specialists.

Making complex lease accounting simple.

AASB 16 is technically complex and challenging to operationalise, and the need to constantly monitor and recalculate lease balances adds more unwelcome pressure to already stretched finance teams.

Human intervention inevitably creates accuracy challenges in data extraction and entry, and miscalculations are difficult to identify – and even more challenging to unwind. Organisations simply can’t underestimate the effort, time and cost required to report accurately on an ongoing basis.

This is where KPMG Lease Hub comes in. An easy-to-implement, cloud-based solution that enables you to outsource the complexities to us while maintaining full control over the end-to-end process.

It’s the only end-to-end lease accounting managed service solution enabled both by the expertise of our lease accounting specialists, and powerful technology smarts.

Lease Hub dashboard

A managed service with cloud-based-tech

Benefits of KPMG Lease Hub

  • Easy to implement

    Avoid system implementation costs and disruption by rapidly on-boarding this cloud-hosted solution.

  • Direct access

    With all your lease documentation, journal reports and disclosures information in one place – you can access what you want, when you want.

  • Stay in control

    Gives you visibility of the end-to-end process, so you know exactly what is happening at any point in time.

  • Confidence in your data

    Runs automated validations over your data, giving you an added level of confidence over data accuracy.

  • Demonstrable audit trail

    Track every action or change to a lease contract, so you’ll never need to worry about identifying or unwinding a calculation.

  • Data at your fingertips

    Tailored reporting gives you quick access to what you need in the format you want so you can manage stakeholder demands.

Your AASB 16 requirements solved in 3 simple steps

  • Submit your contracts or lease data

  • Receive tailored and timely reporting

  • Let us know if and when things change

Andrew King - Partner & Digital Lead, CFO Advisory

Designed by lease accounting specialists, for finance professionals.

"Application of AASB 16 is resource intensive and can challenge and impede the efforts of even well-prepared and sophisticated finance and reporting teams. In the current environment, with finance teams being stretched by new and unplanned challenges, many organisations are rapidly finding they need help." Andrew King, Partner & Digital Lead, CFO Advisory, KPMG Australia

Request a demo

Let us handle the complexities, while you focus on what’s important to your business. Speak with one of our accounting specialists today.

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