Easy and powerful solution providing all that the IFRS 16 standard requires
Alerts of maturing instruments
Alerts of maturing leases delivered straight to your email.
Company register
ZenTreasury comes with an inbuilt company register. Here you can define your company hierarchy. You can also add additional information regarding your companies, agreements, document, currency, limits and see your company audit trail, all in one place.
Portfolio Management
With the ZenTreasury you are able to handle all lease and rental agreements that need to be treated as liability and right-of-use asset according to the IFRS 16 standard.
Market data
Market data content is available via Data-Bond. You can also import market data manually or connect any other market data provider such as Reuters, Bloomberg etc
Multi-currency
Inbuilt multi-currency support. You can easily manage transactions in other currencies.
Changes during lease term
The system can handle any changes during your lease term. So, price, term and scope adjustments are easily managed in the same view. The amended lease flow will be immediately available, in the same window, as soon as the lease changes are confirmed.
Audit trail
With ZenTreasury the audit process is more fluid than in a manual environment. Audit trail tracks all changes to transactions by time, date and user stamp. You'll be able to show your auditors all the changes to your transactions during their life cycle.
Segregation of duties
Segregation of duties is one of the most important treasury controls. This is an essential tool in mitigating the risk of error or fraud. In ZenTreasury you can assign duties to fully meet your company’s requirements.
Payment Schedule Generator
Generate simple payment schedules for your lease payments.
Here's what our customers say
Elina F.
Financial Controller
ZenTreasury is easy to use for all across the organisation. Customer service is excellent and questions are answered without delay. ZenTreasury is also cost effective and you really get value for money.
Minna Luovi
Treasury Manager
With ZenTreasury we were able to get all our trade finance instruments into one easy to use and simple system. Implementation was very quick and now we have full visibility into our agreements and the total costs.
Joni Virtanen
Group Financial Controller
We are really satisfied with ZenTreasury's service. It was very quick to implement, SaaS – based, easy to use and their multicurrency functionality really works.
All-in-one accounting & portfolio solution
With ZenTreasury you can compute all changes during the lease term and the possible P&L effects easily. You are also able to create all the necessary reports to adjust your financial statement. Accounting can be completed through three simple reports; lease changes, lease payments and month-end. All these reports can easily be exported to a spreadsheet or you can have the accounting entries, via interface, into your accounting system.
Features
In the instrument view you have basically everything in one place. Here you can define your lease’s portfolios, cost centers, start and end dates, purchase option prices etc. You can also add additional info into your instrument, add documents or see your lease instrument’s audit trail, all in one place.
Features
The system can handle any changes during your lease term. So, price, term and scope adjustments are easily managed in the same view. The amended lease flow will be immediately available, in the same window, as soon as the lease changes are confirmed.
Features
ZenTreasury IFRS 16 calculations have been validated by an international audit firm. The following items where confirmed to be in accordance with IFRS 16:
For Equipment Leases
For Real Estate
Accrued Interest
Report for Lease Changes
Report for Lease Payments
Maturity analysis in accordance with paragraph 39 and B11 of IFRS 7
Month-end Report
Accounting Interfaces
Company information
Amortization Schedule
Attachments
Critical Date Alerts
Cost centers
Currencies
Discount rate
Lease types
Payment schedule
Portfolios
Price changes
Term changes
Scope adjustments
Timestamps
Segregation of Duties
User roles
Role permissions
Do you have a pre-completed Vendor Risk Management questionnaire?
Yes, the Cloud Security Alliance (CSA). The CSA is among the best known cloud service frameworks and standards. The ZenTreasury Self Assessment entries can also be found on the ZenTreasury STAR registry.
Where is my data hosted?
ZenTreasury is a Software-as-a-Service (SaaS) application that is hosted on Google Cloud. We currently use data centers in Hamina, Finland.
What languages does ZenTreasury support?
We currently provide the system in English, Finnish, Russian and Spanish. ZenTreasury is a multilingual solution and let's customers enable multiple languages for it's users.
Contact Us
The best way to understand the benefits of ZenTreasury is to see it in action. Please complete the form and we will contact you for your free demo.
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