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SUCCESS STORY: REGULATORY COMPLIANCE

Deloitte harnesses the power of Kira for lease accounting contract review


"We have adopted state-of-the-art technology that allows us to provide efficient, high quality contract review services to clients so that they can focus their resources on higher-value tasks.”

ANDREA TAYLOR, PARTNER

Deloitte

Deloitte IFRS 16

Deloitte provides industry-leading audit, consulting, tax and advisory services to the world's most admired brands, including 80% of the Fortune 500. A Kira subscriber since 2014, Deloitte has leveraged Kira Systems' machine learning technology to accelerate and improve the accuracy of contract review in a large variety of multi-disciplinary projects. 

For instance, Kira facilitates Deloitte's end-to-end solution focused on assisting firms respond to the impending introduction of IFRS 16, a new standard that establishes a new accounting treatment of leases. The new solution helps companies accurately and efficiently extract information from contracts required to comply with the new IFRS 16 lease accounting standard, significantly reducing implementation time and cost for their clients.

Download the success story now to learn how Deloitte used Kira to streamline the IFRS 16 compliance review process, accelerating the review process by up to 30% compared to manual review.