Lease accounting and compliance software trusted by Fortune 1000
Enterprise lease accounting software for real estate, equipment, fleet, and land leases.
An all-in-one lessee and lessor accounting solution for global, lease-dependent enterprises
There is a reason why Fortune 1000 companies trust Nakisa for their lease accounting and compliance. Global companies are looking for the best lease accounting software, one that excels at accounting practices and guarantees both control and accessibility, while achieving accuracy and completeness of finance data. Nakisa’s lease accounting software goes beyond that requirement. It offers an innovative, scalable framework for heavy lease portfolios with diverse assets, complex terms and conditions, and sustained activity, along with parallel compliance with IFRS 16, ASC 842, and local GAAP.
Join Fortune 1000 enterprises from all industries achieving compliance globally
Our customers come from many industries, including retail, automotive, energy, foods, finance, aviation, and pharmaceuticals. Since the enforcement of IFRS 16, ASC 842, and other local lease accounting standards, our platform has helped large organizations such as Walmart, Exxon, and Air France conform globally. US governmental institutions such as cities, counties, public hospitals, and universities also easily comply with GASB 87 standards using Nakisa’s real estate and equipment lease accounting software.
Made for global companies counting thousands to millions of leased assets in different languages and multiple currencies
Our typical customers manage dozens of thousands of contracts with a variety of terms and conditions, several currencies, and up to millions of units. With an impressive number of monthly changes, our clients can count on mass modification to effectively remeasure lease liabilities and ROU assets seamlessly. Moreover, our lease accounting tool is ready for scenarios like asset impairment and intercompany transfers. And when it comes to reporting, our solution offers additional forecasting and planning dashboards.
Enjoy first-class cloud technology and innovation, round-the-clock availability, and 24/7 multi-level support
Our engineers continually work on improving our platforms, bringing in the latest technical innovations. Built on the fastest servers, storage, and databases, Nakisa Lease Administration delivers better than its 99.5 percent availability SLA yearly. Our planned maintenance activities are always communicated in advance. To adopt and master the solution, you can always count on our free video training sessions, in-app help, user manuals and admin guides. And when you need assistance, our online support team, along with your dedicated account manager and our center of excellence engineers are always a shout away.
Never go back to paper, spreadsheets, and legacy software again with Nakisa's lease accounting software
Trust Nakisa to be your long-term partner. Our solution is in constant evolution to help lease accountants around the world adapt to the changes by IASB, FASB, GASB, and other local accounting boards. This, along with our internal User Groups initiative involving end-users and Nakisa in-house lease accounting experts cumulating 50 years of experience, allows us to stay ahead of the game and implement new standards as they are being built.
The most comprehensive real estate and equipment lease accounting software for IFRS 16, ASC 842, and GASB 87 compliance
Whether you lease in or out (or both!), Nakisa’s finance software has all the features you need to sustainably manage your growing portfolios of real estate and equipment leased assets. What’s more, our finance suite includes a property management solution that uses the same lease data to support your corporate and commercial leasing scenarios, such as subleasing with multiple tenants.
Best lease lifecycle management suite on the market
Easy integration with popular ERP and finance solutions
Get your existing finance data right from your ERP into our solution to create a dedicated lease subledger. Set Nakisa Lease Administration to automatically post accruals, payments, and asset depreciation to up to 45 concurrent finance systems and general ledger accounts in SAP or Oracle solutions.
Wondering how Nakisa handles cyber security, data privacy, ease of use, or customer support? We got you covered.
Cyber Security and Data Privacy
Nakisa is built on a secure platform with data encryption, role-based access control, and audit capabilities to ensure compliance requirements.
✓ SOC 1 Type II & SOC 2 Type II audit report
✓ FIPS 140-2 compliance
✓ GDPR-ready solution
✓ IT General Control with audit logs (ITGC)
✓ Single-Sign-On
✓ Role-based permissions
Onboarding and Customer Support
We offer guidance for systems deployment with robust project governance and executive sponsors throughout the process. Our onboarding and implementation services are structured, easy to use, and supported by experts with the experience with complex environments.
Each Nakisa client has a dedicated Account Manager and a 24/7/365 support team to answer all the questions. We always provide our users with training materials and guides. Also, we have training sessions and webinars to showcase best practices and discover the pain points of our clients.
Reliability
Built on independent microservices, Nakisa's uptime is 99.5%. Even if in the rare case where a microservice experiences downtime, no other microservice is affected. Nakisa is a failure-tolerant and self-healing system that ensures continuity for enterprise clients.
Innovation and Upgradeability
Enjoy faster deployment, upgrades, and maintenance without disrupting your operations. Nakisa follows CI/CD best practices and enables faster time to market thanks to microservices. Benefit from two major releases a year and updates every six to eight weeks at no cost.
Ease of Use
Nakisa is designed for all users, regardless of their technical skill levels. It has an intuitive interface and reports and dashboards out-of-the-box which can be further configured to any use case. Each user has their own role with specific permissions so that everyone gets as many or as few functions as their job demands.
Fast Migration From Your Old Solution
No worries about your historical data! We analyze your previous system and perform data migration. We also check what historical data you didn’t utilize in your previous solution but can now use in Nakisa (a data-gap analysis). Together with your team, we’ll audit and validate data migration.
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See how Nakisa’s lease accounting software helps handle end-to-end lease accounting and management for global enterprises.
See how Nakisa’s lease accounting software helps handle end-to-end lease accounting and management for global enterprises.
While other solution providers charge you based on the number of lease contracts, Nakisa Lease Administration is licensed per user access.
Yes, there is. There are four different administrative roles: Technical Administrator, Functional Administrator, Power Administration, and Power User.
Nakisa has developed an eLearning Platform named Nakisa University to provide the best possible support to customers and partners. Our administrator and train-the-trainer online programs are designed to accelerate user adoption and get your users independent on day-to-day operations.
With Nakisa Lease Administration, you can manage all operating and capital leases, including fixed, short-term, low-value, and service contracts for both property and equipment leases.
No, Nakisa Lease Administration can either act as a standalone subledger for lease accounting or integrate with your favorite ERP. When connected, the solution can be set either in hybrid or fully connected mode.
Yes, the solution includes functionality to assist in the classification of contracts under IFRS 16, ASC 842, and GASB 87 standards. Nakisa Lease Administration will guide users towards an assessment wizard with final determination based on corporate accounting policies.
Absolutely! Many of our customers have migrated from spreadsheets or legacy solutions. Nakisa Lease Administration can import virtually any flat file and upload most mandatory fields automatically.
The solution provides out-of-the-box disclosure reporting capabilities and includes additional dashboards for financial planning and analysis, and transaction reports for reconciliation purposes. Additional capabilities are supported through integration with 3rd party BI tools using our APIs.
Nakisa Lease Administration is designed to handle all lease-life events including renewals, terminations, reassessment, and casualties in the appropriate accounting period. With built-in lease modification processes to effectively remeasure lease liabilities and ROU assets, our solution is ready for scenarios like asset impairment and intercompany transfers.
Audit reports are available out of the box and include a full change log and audit trail which captures each time-stamped event with user ID, comments, and other relevant details. This information is always available and always remains linked to your contracts.
About Nakisa
Nakisa is a cloud-native enterprise application provider that empowers Lease Administration, Lease Accounting, Real Estate, and Human Resources teams. We are proud to serve more than 1,100 enterprise clients and 6.6 million users across 135 countries. Companies such as Walmart, Pfizer, Puma, Nestlé, ExxonMobil, Dollarama, and Airbus rely on us every day.
Since 1999, our solutions enable teams to achieve their core tasks more efficiently by providing insights, workflows, and automation, so they focus on more value-added activities. Nakisa delivers business-critical solutions by using microservices and technologies such as Kubernetes, Kafka, CI/CD framework, and many other state-of-art tech stacks. We are excited about using consumer-grade technologies for enterprises so they can benefit from unparalleled flexibility, scalability, and speed of innovation.
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