Bridgestone chose Lease Administration by Nakisa to address ASC 842 and IFRS 16 compliance. The key factors that played into the customer’s selection were integration with SAP ERP and the close alignment and partnership with SAP. With a complex leasing portfolio, it was crucial for Bridgestone that the solution had robust contract management features.
Lease Administration by Nakisa’s native integration with SAP made it the right choice for Bridgestone. With Lease Administration by Nakisa, Bridgestone 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.
Bridgestone Americas, Inc., together with its subsidiaries, develops, manufactures, and markets tires and rubber products. It offers passenger, light truck, commercial truck and bus, agricultural, motorcycle, kart, aircraft, and motorsports and racing tires; off-the-road tires for heavy duty applications for construction, mining, aggregates, and industrial operations; tubes, retreads, air springs, and rubber tracks; and medium and heavy-duty truck tires for the original equipment and replacement markets. In addition, the company provides building and industrial materials. The company offers products through dealers and truck stops in the United States, Canada, and internationally.
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.