Gloria Jeans

Direction

The system for calculating the amendment to IFRS 16 Rent on the cloud platform Anaplan.

Project Description

Gloria Jeans is a brand of first-class and affordable clothing for every family member. The company is a leader in the fast fashion segment in Russia. ADE Professional Solutions implemented a system for calculating the amendment according to IFRS 16 Lease on the cloud platform Anaplan at Gloria Jeans. The system allows you to take into account the various complex conditions of lease agreements and modifications of these agreements. The flexibility of the platform and the methodological developments of ADE Professional Solutions made it possible to reflect all the nuances of contracts when calculating the final amendment, as well as to conduct a detailed factor analysis of lease conditions for management purposes.