Financials 2014 - SAP®

Financials 2014 - SAP® Lease Administration by Nakisa

MONTREAL, CANADA February 17, 2014 – Nakisa Inc., a developer of lease administration software solutions and SAP® software solution partner, will be an exhibitor at Financials 2014 in booth 530, the premier event for SAP financial accounting, control, planning, consolidation, closings, and reporting. Financials 2014 takes place from March 18 to21 at the Walt Disney World Swan and Dolphin Hotel.

At this event, conference participants will be able to see first-hand how SAP® Lease Administration by Nakisa helps customers efficiently consolidate and streamline lease administration, resulting in reduced costs. This solution helps businesses meet current accounting regulations and also easily plan, adapt and prepare for future changes to the standards. A single point of entry to collect and validate the contractual attributes of leased assets, it provides visibility into lease exposure to optimize assets portfolio management and supports accounting processes for more efficient cost controlling and regulatory compliance.

SAP Lease Administration by Nakisa will be launched at the event where conference participants visiting Nakisa booth #530 will be the first to view the solution. Attendees can schedule personalized demos by contacting [email protected]

Pete Graham from SAP, Myles Corson from Ernst & Young and Romeo De Leon deom Nakisawill be speaking during a hosted education session called: "An introduction to SAP Lease Administration by Nakisa, the new solution to help you prepare for the planned changes to IFRS lease accounting standards." With the upcoming changes to lease accounting regulations under US GAAP and IFRS, proposed by the FASB and the IASB, are you prepared to answer the question, "Is your organization ready to manage your leasing portfolio in view of these upcoming changes?" Attend this session to see how SAP Lease Administration by Nakisa can help you manage your lease portfolio. .This session will be held on Tuesday, March 18 at 2:30 p.m. Participants can sign up here:

Participants are also invited to attend a legal and regulatory update titled: "Managing emerging accounting standards for revenue recognition and leasing," which will be presented by Pete Graham from SAP. This session will be held at 1 p.m. on Tuesday, March 18.

About Nakisa

Nakisa Inc., a recognized leader of data management and visualization solutions for SAP® solutions, helps customers better manage, track and validate their lease-related data to reduce spending, improve efficiency and ensure compliance to upcoming regulatory changes. SAP® Lease Administration by Nakisa provides visibility into a corporate portfolio of leased assets allowing SAP customers to optimize the management of their global assets while supporting accounting processes for more efficient cost controlling and regulatory compliance. It also enables customers to prepare for the upcoming changes to lease accounting standards as defined by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB). Nakisa continually collaborates with SAP to co-develop integrated solutions that extend the value of SAP customers' existing investments. An SAP partner since 2007, Nakisa has over 3.4 million users in 700 enterprises across 24 industries worldwide. SAP® sells, tests, and supports SAP Lease Administration by Nakisa