Lisa Implementation at Miltenyi Biotec
Lease Accounting - fast, secure and transparent
Creating an automated, transparent leasing process
Miltenyi Biotec, like many companies across all industries and sizes, originally managed leases with an MS Excel-based solution. Over time, however, more and more challenges arose from its use: The calculation and mapping of contract changes, which could only be automated to a limited extent, were accompanied by a high level of manual effort. In the process, this led to an increased susceptibility to errors. Creating the IFRS 16 notes on this basis was only possible with many intermediate steps. Miltenyi was therefore looking for a solution for recording, calculating, and preparing the notes to the financial statements for leasing contracts in 15 different countries. The desired solution should map the entire leasing process transparently and automatically, preferably without any manual intermediate steps. This solution is called LISA.
Migration concept that uniformly maps contracts
Lease accounting comprehensibly integrated into SAP
Integration of regions in the leasing process
In February 2022, LISA went live and the transition to operational support took place. During the second half of the year, Miltenyi will roll out its leasing process to the individual regions. The predefined process and tailored training will enable regional managers in Europe, Asia, and North America to implement LISA easily.