



Nakisa Lease Administration streamlines lease accounting for organizations
in the retail industry.
Lease contracts touch almost every aspect of a retail business. Retailers use these arrangements to make cost-effective investments in their stores, point-of-sale systems, distribution centers, and transportation equipment. The new lease accounting standards – IFRS 16 and ASC 842 – have brought new challenges to the accounting profession in the retail industry.
For many companies, adopting an on-balance sheet lease accounting model is a significant challenge by itself because of the requirement to capture and record substantially all leases. For retailers, however, there are activities common that create industry-specific complexities for the ongoing application of the new lease rules.


Smarter Lease Accounting for Retail
Want to learn more about the lease accounting complexities specific to organizations in the retail industry? Download Smarter Lease Accounting for Retail to learn how Nakisa Lease Administration can help support you on your compliance journey.
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The solution for you.
Nakisa Lease Administration is a lease management and accounting solution designed to accelerate compliance with IFRS 16 and ASC 842 by automating, centralizing, and simplifying lease accounting operations. As a comprehensive lease accounting solution, Nakisa Lease administration helps organizations manage global lease portfolios, gain strategic insights into financial data, and streamline lease accounting operations.
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