Hamilton is designed to adapt to future regulatory changes, so you always be covered

Hamilton is the simplest, fastest, and most comprehensive solution for businesses to achieve compliance in an ever-evolving world of accounting regulations.

Hamilton ifrs16

Helping you build what next

Worldwide, organizations are struggling to keep up with ever-changing compliance standards. And at Cognitus, we understand the challenge. This is why, we’re bringing you the Hamilton Engine — designed to enable easy configuration in an evolving regulatory environment.

Hamilton has capabilities to meet the requirements of both IFRS 15/ASC 606 and IFRS 16/ASC 842. The Automated Accounting Framework is also built to adapt to changing needs. Hamilton’s adaptable, resilient, and use-case-driven core technology will always be able to serve you and your business, regardless of future legislative changes.


Why Hamilton

Shorter Implementation Time

The Hamilton Edge Lower Overall Costs

Future-proof

Leading the Industry

The Hamilton Features

IFRS 15 and ASC 606

Significant financing component

Shared plans/sharelines with single or multiple devices

Accounting for contract modifications: Upgrade/Downgrade and Termination

Revenue Recognition based on IFRS 15 5-step model

Contract Asset / Contract Liability Accounting

Dynamic SSP determination

Accounting for multiple-deliverable arrangements


IFRS 16 and ASC 842

Present Value Minimum Lease Payment (PVMLP) computation

Effective interest method, lease liability amortization

Bundling: Multiple lease and non-lease components

Parallel currency

Parallel ledger

Intercompany Leasing Transaction

Consumer Price Index