Hamilton by Cognitus Consulting

Languages supported: English

9.2/10 (Expert Score) ★★★★★
Product is rated as #95 in category SAP Store Software
Ease of use
Support
Ease of Setup

🥇 While modern businesses try to remain IFRS 15/ASC 606, IFRS 16/ASC 842 and GASB 87 compliant in a world of ever-changing regulations, spreadsheets just can’t keep up. With Hamilton, however, companies can now simplify regulations with a flexible SAP Certified product that automatically keeps revenue and lease accounting practices compliant.

Hamilton by Cognitus Consulting
Hamilton by Cognitus Consulting

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Customer Reviews

Hamilton by Cognitus Consulting Reviews

Lalitya Nindya N.

Advanced user of Hamilton by Cognitus Consulting
★★★★★
Hamilton has it all once you figure it out!

What do you like best?

It has an add-on for IFRS 16, that needs to be installed in SAP system. Once installed (which is implemented in a very short time), it can be configured and further enhanced to meet specific business requirements. Hamilton also provides detailed contract information, all contract adjustments and modification. Hamilton engine can also do automatic posting (accounting document) to main financial system in SAP ECC or S/4HANAsystem. Moreover, Hamilton has a unique implementation approach to take between 3 to 4 months. It is a complete IFRS 16 solutions, it supports lessee accounting and lessor accounting, intercompany lease, sublease, sale and leaseback, bargain purchase option, consumer price index and many other complex IFRS 16 requirements. My clients very satisfied and greatly helped by Hamilton. Happy clients are the best advertising money can't buy, but Hamilton can.

What do you dislike?

This application should have been invented earlier than before so that more people will find it easy and helpful when using Hamilton for supporting their work.

Recommendations to others considering the product:

Highly recommended. It is a valid solution for multinational companies, as it manages pretty well all data updates

What problems are you solving with the product? What benefits have you realized?

Implement Hamilton engine to meet IFRS 16 – lease accounting requirements. This is Hamilton engine's signature solution to solve almost all IFRS requirements and adaptable to future needs. As SAP Premium Certified, their unique accounting and compliance add-on solution integrates with SAP software ecosystem — without any additional software, hardware, system upgrades, or investments. Easy to implement, Easy to user, Easy to navigate, it can go-live as soon as business data is ready, and you'll love that Hamilton is really easy to use.

Review source: G2.com

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