CHS Incorporated was very educated on the new standards (ASC 842) and was looking to streamline compliance with the current and new lease standards (ASC 840 and ASC 842) and disclosure requirements. Interested in quickly finding, procuring, and deployment a solution to meet their requirements, CHS selected SAP Lease Administration by Nakisa as it provided them with the ability to centralize their global lease portfolio and natively integrates with their SAP ECC environment. The initial focus of the implementation will be ASC 840 with ASC 842 to follow in subsequent phases.
SAP Lease Administration by Nakisa is an end-to-end lease administration and accounting solution built on years of collaboration with SAP and key expert accounting partners, with multi-system integration capabilities and native integration with SAP ERP, allowing customers to move away from manual processes to a centralized accounting and central repository solution.
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.