NAKISA LEASE ADMINISTRATION
End-to-end lease accounting for
IFRS 16 and ASC 842 compliance.
Global visibility and control
Centralize contract data that is stored disparately across your organization to gain clear visibility into lease liabilities and commitments.
Strategic insights and analytics
Provide insight into contractual data to identify lease exposure, analyze impact on financial statements and reduce costs.
Accounting excellence
Handle comprehensive lease accounting requirements, support transition accounting under IFRS 16 and ASC 842, and process required accounting lookback.
FEATURES
End-to-end accounting you can trust.
Nakisa Lease Administration is a purpose built end-to-end lease management and accounting solution that centralizes company-wide lease data. The solution helps organizations manage global lease portfolios, gain strategic insights into financial data, and streamline lease accounting operations.
- Lease lifecycle management
- Manage contracts using a multi-level contract structure
- Standardize lease determination and classification
- Perform initial measurement of ROU assets and lease liabilities
- Facilitate lease modification, remeasurement, and asset causalities
- Prepare required quantitative note disclosures
Make your compliance deadlines.
Nakisa Lease Administration is a standalone solution designed to fill the white-space left by your existing finance and accounting systems.
Looming deadlines, no problem.
With standalone technology you can accelerate the timeline from data collection to lease accounting. Get up and running faster by eliminating your ERP dependency.
Use powerful dashboards with actionable insights.
Nakisa Lease Administration delivers actionable insights by providing the ability to collect, analyze, and visualize lease data and produce interactive dashboards and reports with drill down capabilities.
- GAAP-compliant report production
- Ad-hoc analytics and reports
- Snapshot view of your entire lease portfolio
- Reconciliation reports for audit trail
- Automated report production
- Access to timely and accurate data
- Minimize unnecessary leasing costs
- Analyze financial implications
- Transition to the new standards
Ready for more?
Lease administration technology can be complex. We understand that. Our team of product and lease accounting experts are available to answer your questions and show you the ins and outs of Nakisa Lease Administration.
Our team is at your disposal.
TESTIMONIALS
"We tried to find suitable software that could support us in our endeavors. Nakisa’s solution was the only one that could support us to work in integrated ways.”
- Richard van der Laan, Director of Accounting and Reporting, KLM
"We tried to find suitable software that could support us in our endeavors. Nakisa’s solution was the only one that could support us to work in integrated ways.”
- Richard van der Laan, Director of Accounting and Reporting, KLM
"The new regulations are a significant change in how businesses manage their leases. SAP Lease Administration is our solution of choice for SAP customers requiring an equipment lessee solution.”
- Thack Brown, General Manager and Global Head of Line of Business Finance, SAP
