Al Sulaiman Group
One platform across every operating company at Al Sulaiman Group
How Al Sulaiman Group uses ContractHive, Estimator 9 and NextHive together to consolidate leases, credit risk and cash forecasting across the group.
Published · Updated
The situation
Al Sulaiman Group consolidates operations across multiple subsidiaries spanning retail, distribution, real estate and finance. Each subsidiary brings its own lease portfolio, credit exposures and cash positions — and group finance has to reconcile all of it for a single set of consolidated accounts.
The challenge
Three separate vendors for IFRS 16 lease accounting, IFRS 9 ECL and treasury cash forecasting would mean three vendor contracts, three audit trails, three reconciliation projects and three sets of training. Group finance needed a unified data layer where leases, credit exposures and cash all spoke the same language — and where the auditor could see one consistent story.
The solution
Al Sulaiman Group runs the full ContractHive platform: ContractHive for IFRS 16 lease accounting across the retail and real estate subsidiaries, Estimator 9 for IFRS 9 expected credit loss on the finance arm's loan book, and NextHive for group treasury cash forecasting. All three products share the same data layer, the same AI core and a single audit trail. Finance, risk and treasury teams log into one platform with shared roles, permissions and a single support team.
Outcomes
- 3 / 3Platform products in production
- 1Audit trail across leases, credit and cash
- Per-OpCo data ownership with group-level rollups
- Single sign-on for finance, risk and treasury teams
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