Freeport-McMoRan Copper & Gold chose Lease Administration by Nakisa to gain better visibility into their global lease portfolio. The customer was looking for a global accounting and lease management solution to address ASC 842 and IFRS 16 compliance that natively integrates with SAP in order to leverage their existing technology investment.
As a leading international mining company, Freeport-McMoRan Copper & Gold required a tested, verified and validated lease accounting solution. Lease Administration by Nakisa was co-developed, tested and supported by SAP, making it the right solution for Freeport-McMoRan Copper & Gold. With centralized contract data in one single repository, Freeport-McMoRan Copper & Gold is able to see a global view of lease contracts and control user roles and permissions from a single source.
About Freeport-McMoRan Copper & Gold
Freeport-McMoRan Inc. (FCX) is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. FCX is the world’s largest publicly traded copper producer. FCX’s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits, and significant mining operations in North and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru.
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.