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Nakisa Announces New Energy Industry Customers for its SAP Lease Administration Solution

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MONTREAL, Canada – 07/03/2018 - We are pleased to announce three additions from the energy industry to the Nakisa Customer Family, which includes over 800 global enterprise customers and more than 4 million users. Electricite de France, Enel, and Energy Transfer Partners have chosen SAP Lease Administration by Nakisa to gain access into their global lease portfolios and to support their adoption of new lease accounting rules.

To achieve sustainable success in the energy industry requires access to productive assets and the infrastructure to support reliable operations. Lease arrangements are a frequent means used by energy industry participants to invest in assets and asset-related services in these capital-intensive operations.

Through its integration with existing SAP software functionality for asset accounting, plant maintenance, and master data management, SAP Lease Administration by Nakisa supports energy industry participants in their efforts to ensure reliability and track maintenance for leased assets. Because it is extensively reviewed and audited to ensure it meets the highest SAP software standards, Nakisa’s solution offers greater confidence for those companies who have undertaken projects to adopt new lease accounting standards beginning in 2019.

Given the part leases play in their success, we are proud that leading energy producers like Electricite de France, Enel, and Energy Transfer Partners continue to choose SAP Lease Administration by Nakisa to support their lease management and accounting processes.

About Nakisa

A global leader in enterprise business solutions for Organization Transformation and Accounting and Compliance, Nakisa delivers innovative, forward-thinking and robust human resource and financial management solutions that advance your business strategies. Available on premise and in the cloud.

Working with a global network of partners and as one of the few Solution Extension (SolEx) partners of SAP® since 2007, Nakisa serves 800+ enterprise customers and over 4 million subscribers in 24 industries. Nakisa is proud to work with some of the world’s most renowned brands.

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