The House of Control Blog

Head to head: Excel vs. Lease Accounting Software for IFRS 16 compliance

What are the strengths and weaknesses of spreadsheets compared to specialized software for lease accounting? We have evaluated both solutions head to head across 16 different aspects of the process to comply with IFRS 16 requirements.

IFRS 16, year-end closing and annual financial statements

The IFRS 16 standard for lease accounting impacts several year-end activities as well as the annual...

How to craft a company policy on human rights and environmental considerations

Is your company required to comply with national or international legislation for corporate social...

The impact of IFRS 16 on 12 different financial ratios

The IFRS 16 lease accounting standard impacts financial statements. This is how the standard...

How does IFRS 16 affect business decisions?

To lease or not to lease, that’s the question that impacts business decisions most. However, the...

How to use software to automate IFRS 16 compliance

With IFRS 16 reporting software, you enter the key data of the lease agreement, and then the...

Guide: Your ABC of Contract Management

Do you want to learn more about Contract Management and how it can add significant value to your...

A deep dive into IFRS 16: The practicalities of implementation

Embarking on a journey to comply with IFRS 16 for the first time? Lease accounting compliance,...

Guide: An overview of IFRS 16 - What you need to know

IFRS 16 is the accounting standard that, from 2019, made the accounting of leases far more...

How Wenaas Workwear manages deliveries to customers worldwide

Large companies have high demands when purchasing workwear and equipment for their employees. For...

How CSAM Health Group gets invoicing correct – with 700 customer contracts in 14 companies

Digital solutions from CSAM Health Group are frequently used to assist skilled healthcare...

How to Achieve Lease Accounting Compliance with IFRS 16 for IPOs

Balance sheet recognition of leases is a crucial task that the finance department must tackle...

The silver lining of the Corporate Sustainability Due Diligence Directive

Norwegian companies have gotten a head-start on the upcoming requirements of the Corporate...

Webinar #1 summary: House of Controls approach to contract management

With two thousand customers and a large number of deliveries to three offices, House of Control has...

How the Procurement Department Has Saved Visma NOK 220 Million

Eight people in Visma's central procurement department have saved the group NOK 220 million in two...

How Visma consolidates IFRS 16 lease accounting in 170 business units

For Visma, Europe’s leading provider of business critical software, size brings considerable...

7 tips on how you should manage supplier contracts

The larger the business, the more difficult it is to have full control and a proper overview over...

IFRS 16: The impact on companies and investors

IFRS 16: The Impact on Companies and Investors IFRS 16, Leases, is an accounting standard that was...

How enterprise contract management software optimizes complex business processes

There is a relatively new name on just about any CFO’s digital roadmap: Contract Lifecycle...

IFRS 16 Cheat sheet

IFRS 16 Cheat Sheet IFRS 16 is an accounting standard that was issued by the International...

Procurement managers: The unsung heroes of the company's finances

We have mapped how the best procurement managers in the Nordics and Europe create value for their...

IFRS 16 Advisory: The smart service that makes IFRS 16 reporting easier and more efficient

A good IFRS 16 tool is half the job, but the tasks and duties themselves can be both time-consuming...

Improve cost control with better forecasting and budgeting process

When the company's overall challenges are growing, an important part of the solution may be to...

Christmas greetings 2022

2022 has been an unusual year, with more challenges than many of us enjoy. At the end of the year,...

The Percentage of Completion method made smart

The Percentage of Completion (PoC) is a way of accounting for long-term projects, most commonly in...

Checklist to see whether you could use solutions from House of Control

House of Control is expanding rapidly on the basis of its solutions for contract management,...

Everything you need to know about contract management in 2023

Part of a professional contract management strategy involves reducing costs and reducing dependency...

How will IFRS 16 affect annual financial statements?

Two auditors and one researcher have examined how IFRS 16 will affect the balance sheet values of...

Did you know that digital signature can improve these 6 processes?

Digital signature from Egreement improves contract management for several hundred of House of...

10 contract management challenges to solve before a recession

In a recession, it is more important than usual to be thrifty and to prevent dependence on key...

The House of Control Blog

House of Control blog for financial departments. Here you will find cases about operational and financial management: Cost cuts, agreement management, time savings, practical risk management, purchasing, budgeting, forecasts, etc.