LeaseQuery Helped This Drilling and Mining Company Meet IFRS 16 Compliance

Our software met all of Boart Longyear’s criteria for lease accounting software

Challenge

Having 500 leases to contend with, Boart Longyear knew they needed to adopt a powerful lease accounting software. In addition to helping them comply with IFRS 16, they needed software that worked well with Oracle, allowed them to centralize lease documents, and met their budgetary needs.

Solution

After reviewing several lease accounting solutions, Boart Longyear’s Senior Corporate Accountant, Weston Curtis, chose LeaseQuery. He felt that LeaseQuery not only met their organizational needs, but that it also met IFRS 16 requirements. Additionally, Curtis appreciated LeaseQuery’s sales approach.

“The salesperson gave me good information and didn’t just try to sell me a product. They listened to my concerns and came back with real answers.”

– Weston Curtis, Senior Corporate Accountant

Mining and Drilling IFRS 16 Case Study