Amkor Technology chose Lease Administration by Nakisa to address their global compliance initiatives for IFRS 16 and ASC 842. Amkor Technology saw the clear value proposition of Lease Administration by Nakisa as a solution purpose-built to support compliance with the new leasing standards that also natively integrates with SAP.
Amkor Technology required a lease accounting solution that provided relevant stakeholders with visibility into lease liabilities and commitments. Lease Administration by Nakisa was selected due to the ease of evaluating impact on financial statements with a global view on all lease contracts and the ability to create what-if scenarios to analyze financial implications.
About Amkor Technology
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer back-grinds, package design, packaging, and test and drop shipment services. Its packages employ wirebond, flip chip, and copper clip and other interconnect technologies. It primarily serves integrated device manufacturers, fabless semiconductor companies, and contract foundries. Amkor Technology, Inc. was founded in 1968 and is headquartered in Tempe, Arizona.
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.
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.