IFRS 16-US GAAP TOPIC 842 MODULE

Seventh Dimension’s solution for the new lease standard is the best-selling product of its kind in Israel, with a significant benefit over all other available alternatives.  Today, in the leasing module alone, more than 65 large clients in Israel and abroad are using our software.  These include 12 large financial institutions, over 20 SAP customers, at least 6 Oracle applications, overseas clients in the “cloud” and four banks.  We are seeing other “second wave” subscribers still coming as well.​

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Some of the organizations are global organizations serving many subsidiaries from overseas, with some in the cloud as well.

The system was checked and approved by the Big Four accounting firms

Best & Bread Solution

Automatic mode option handling changes in contracts based on the “brain” of the system and preset default parameters.

Contains five layers of System Controls, more than in any other available solutions.

IFRS 16-US GAAP TOPIC 842 MODULE