{"id":2438,"date":"2022-02-01T09:10:47","date_gmt":"2022-02-01T08:10:47","guid":{"rendered":"https:\/\/www.akeron.com\/kautha\/?post_type=library&#038;p=2438"},"modified":"2023-11-16T14:29:31","modified_gmt":"2023-11-16T13:29:31","slug":"successfully-manage-all-the-groups-rental-and-leasing-contracts-on-a-global-scale","status":"publish","type":"library","link":"https:\/\/www.akeron.com\/kautha\/en\/library\/successfully-manage-all-the-groups-rental-and-leasing-contracts-on-a-global-scale\/","title":{"rendered":"Successfully manage all the Group\u2019s rental and leasing contracts on a global scale"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2438\" class=\"elementor elementor-2438 elementor-738\" data-elementor-post-type=\"library\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2128adac elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2128adac\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6b3db063\" data-id=\"6b3db063\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-784c1125 elementor-widget elementor-widget-text-editor\" data-id=\"784c1125\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-23a134a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"23a134a0\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-604dfd1e\" data-id=\"604dfd1e\" data-element_type=\"column\"><div class=\"elementor-widget-wrap elementor-element-populated\"><div class=\"elementor-element elementor-element-59bda1e9 elementor-widget elementor-widget-text-editor\" data-id=\"59bda1e9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><h4>How Prada was able to cut management times by 50% and to reduce manual processing of financial statements to 0<\/h4><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-section elementor-top-section elementor-element elementor-element-61d45d53 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"61d45d53\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3f7c6c3f\" data-id=\"3f7c6c3f\" data-element_type=\"column\"><div class=\"elementor-widget-wrap elementor-element-populated\"><div class=\"elementor-element elementor-element-5c293033 elementor-widget elementor-widget-heading\" data-id=\"5c293033\" data-element_type=\"widget\" data-widget_type=\"heading.default\"><div class=\"elementor-widget-container\"><h5>\u00a0<\/h5><h5 class=\"elementor-heading-title elementor-size-default\">THE CHALLENGE<\/h5><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-section elementor-top-section elementor-element elementor-element-2e05002f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2e05002f\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20ba134\" data-id=\"20ba134\" data-element_type=\"column\"><div class=\"elementor-widget-wrap elementor-element-populated\"><div class=\"elementor-element elementor-element-68be22c3 elementor-widget elementor-widget-text-editor\" data-id=\"68be22c3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><p>With 641 directly managed stores in over 40 countries around the world,\u00a0<b>Prada Group<\/b>\u00a0needed to structure a unified process to manage all rental contracts, with the ultimate goal to transform the new regulatory obligation of IFRS 16 into a chance to grow and innovate in terms of technologies as well as processes.<br \/><br \/>Therefore, the solution had to standardize the management of contractual information on a global scale as well as to provide a flow of accounting information for the month-end closing of the financial statements at<br \/>subsidiaries and groups level.<br \/><br \/>Considering the deadline of the new IFRS 16 accounting standard, the solution had to be launched also<br \/>in a short time as well as to guarantee, since the very beginning, the proper integration with the SAP ERP<br \/>system already in use in the group.<br \/><br \/>In this new scenario, the existing platform readily proved itself to be inadequate.<\/p><\/div><\/div><\/div><\/div><\/div><\/section>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b19a506 elementor-widget elementor-widget-spacer\" data-id=\"b19a506\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ac7237 elementor-widget elementor-widget-text-editor\" data-id=\"6ac7237\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><a href=\"https:\/\/www.akeron.com\/kautha\/wp-content\/uploads\/sites\/4\/2023\/11\/Case-Study-Prada-EN.pdf\">Read the case study<\/a><\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>How Prada was able to cut management times by 50% and to reduce manual processing of financial statements to 0 THE CHALLENGE With 641 directly managed stores in over 40 countries around the world,\u00a0Prada Group\u00a0needed to structure a unified process to manage all rental contracts, with the ultimate goal to transform the new regulatory obligation [&hellip;]<\/p>\n","protected":false},"featured_media":85773,"template":"","tag-library":[59],"categoria-library":[57],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - 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