Textainer purchases RAM’s software
Intermodal container leasing company Textainer has purchased Real Asset Management (RAM)’s fixed asset software to comply with new corporate governance requirements.
The new software, which will help the company meet IFRS and US GAAP regulations, whilst also assisting with the upcoming IFRS 16 lease accounting rules that will become effective in 2019, replaces an older in-house system.
In addition to enable management of the fundamentals of asset accounting while helping towards compliance with all financial directives, the purchase of RAM’s system also aims to accommodate growth.
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