Planon’s software enabled TIP to centralise and standardise lease management across 17 countries, replacing fragmented Excel‑based processes that complicated the IFRS 16 retrospective transition. By consolidating lease data into a single platform, Planon automated calculations, disclosures, and reporting, reducing manual consolidation effort and improving accuracy in financial statements. The solution provided clear visibility into lease terms, obligations, and reclassifications, easing communication with local teams and aligning them around the new standard. This centralised, automated approach helped TIP manage compliance more efficiently, shorten reporting cycles, and maintain greater control over its global leasing portfolio as both lessee and lessor.

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