TECHNOLOGY

Discover the technology powering
Nakisa Lease Administration.


Nakisa Lease Administration

Freedom and flexibility with Nakisa APIs.

With Nakisa APIs, our customers and partners are now enabled to build additional integrations and write extensions to Nakisa Lease Administration. This will allow for the addition of entirely new functionality to match unique, business specific requirements such as:

  1. Integrate or extend current connectors with a custom ERP, real-estate, contract and procurement solution
  2. Send rent amount calculated via equipment usage to application
  3. Send usage-based rent amount for real-estate assets to application
  4. Create custom reports

These APIs eliminate the technology barriers by offering the ability to integrate directly into their applications and customize to their needs. Developers can select from multiple programming languages to write extensions and add additional functionalities.

 

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Putting you on the fast-track to compliance.

Organizations worldwide and beginning to grapple with the enormous challenge of complying with the new lease accounting standards. To help reduce the stress of impending deadlines and ensure a timely go-live, Nakisa recommends an accelerated approach for implementing Nakisa Lease Administration.


INTEGRATION

Seamlessly integrate with your existing SAP landscape.

With native integration that leverages your existing SAP technology investments, Nakisa Lease Administration supports your end-to-end lease accounting while increasing visibility into your lease exposure and reducing costs.

  1. Bi-directional native integration

  2. Automatic live postings to SAP

  3. Follows SAP standard security

  4. Tested and validated by SAP

Nakisa Cloud Connector for Oracle.

Nakisa Lease Administration can leverage data from your existing Oracle Financials system using the Nakisa Cloud Connector for Oracle. This connecter reduces manual input errors by reading data directly from your ERP system and ensures data consistency across systems, maximizing your existing technology investment. With validated security and performance by Oracle, you can achieve seamless integration between Nakisa Lease Administration and Oracle financials.

  1. Leverage and sync data maintained in Oracle Financial ERP

  2. Use Nakisa Lease Administration as a standalone subledger

  3. Schedule periodic postings to Oracle GL to further automate day to day operations


We are proud to announce that Nakisa Lease Administration is SOC 1 compliant.

SOC 1 (Service Organization Control) helps validate the security of your organization’s services. It is an audit of the internal controls over financial reporting which a service organization has implemented to protect client data and reduce risk of material misstatement. The objectives of the control include both business process and information technology. By NLA complying with SOC 1, you can:

  1. Reduce cost and time spent on audits
  2. Meet contract obligations and business concerns with customized reporting
  3. Address risks across organization proactively
  4. Increase trust and transparency to stakeholders

Make your deadlines with rapid deployment.

Nakisa Lease Administration can be up and running in a matter of weeks. Our rapid deployment methodology is based on industry best practices. Depending on the complexity of your contract portfolio, we have rapid deployment options that can help meet even the most aggressive go-live targets.

    How does it work?

  1. Standard project plan
  2. Leverages cloud technology
  3. Standalone product functionality
  4. Two phase deployment model
 

CLOUD

Simplicity, scalability, and reliability.

Nakisa Lease Administration is deployed in the cloud, offering you the fastest path to deployment and adoption of the new lease accounting standards.

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Fully managed service

While striving for service delivery excellence, Nakisa’s service-level agreement governs the quality, availability, and support commitments promised to you.

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Rapid deployment

By eliminating the intricacies of a complex on-premise deployment, Nakisa project teams can more quickly configure, connect, and deploy your Nakisa Lease Administration solution.

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Lower cost

Minimize IT costs and responsibilities with cloud technology by avoiding a capital intensive, on-premise software deployment.

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Working with our global network of customers and partners, we continue to learn new and better ways to improve lease accounting operations, and we’d like to share them with you. Keep up to date on the latest accounting news, Nakisa updates, and new content, by signing up for our newsletter.