MONTREAL, Canada – 22/5/2019 - We are pleased to welcome African Development Bank to the Nakisa Customer Family, consisting of over 800 global enterprise customers and over 4 million users.
The African Development Bank Group were looking for a solution to manage their lease portfolio and ensure they were compliant with the IFRS 16 regulation. They required a solution that could integrate with their SAP S/4 HANA ERP to streamline lease accounting operations and ensure data consistency across financial systems.
They required a solution that could be deployed quickly in order to meet their aggressive go-live targets. They identified Nakisa Lease Administration as the best solution for the job. As a fully compliant lease accounting software, Nakisa Lease Administration will allow African Development Bank to leverage existing financial data, manage multi-level contracts and ultimately play a key role in greatly accelerating their compliance efforts.
About African Development Bank
The African Development Bank Group is a multilateral development finance institution headquartered in Abidjan, Côte d'Ivoire. The AfDB's mission is to fight poverty and improve living conditions on the continent through promoting investment in public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.
A global leader in enterprise business solutions for Organization Design and Accounting and Compliance, Nakisa delivers innovative, forward-thinking and robust human resource and financial management solutions that advance your business strategies.
Working with a global network of partners, Nakisa serves 800+ enterprise customers and over 4 million subscribers in 24 industries. ERP-agnostic, cloud-based software allows Nakisa to meet the needs of organizations with complex business challenges. Nakisa is proud to work with some of the world’s most renowned brands.