Apache Corporation chose SAP Lease Administration by Nakisa to address ASC 842 compliance for their complex equipment leases. The key factors that played into the customer’s selection were the flexibility and usability of the system as well as SAP ERP integration.
SAP Lease Administration by Nakisa’s native integration with SAP made it the right choice for Apache Corporation. With SAP Lease Administration by Nakisa, Apache has the ability to visualize their entire global lease portfolio, automate finance and accounting through full push and pull SAP ERP integration, and reduce the risk of penalties and undue payments.
About Apache Corporation
Apache Corporation is an oil and gas exploration and production company headquartered in Houston, Texas. Apache Corporation explores for, develops and produces natural gas, crude oil and natural gas liquids. The company’s mission is to grow a profitable company for the long-term benefit of our shareholders by building a portfolio of core areas which provide long-term growth opportunities.
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.