Huntington Ingalls chose SAP Lease Administration by Nakisa to support IFRS 16 and ASC 842 compliance initiatives. After an extensive procurement process, Huntington Ingalls determined that SAP Lease Administration by Nakisa was the best solution to support equipment lease management and accounting.
In order to meet IFRS 16 and ASC 842 compliance deadlines, Huntington Ingalls required a solution that could leverage the finance and accounting data residing in their existing SAP ERP. Native SAP integration made SAP Lease Administration by Nakisa the right fit for Huntington Ingalls.
About Huntington Ingalls
Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division provides a wide range of professional services through its Fleet Support, Integrated Missions Solutions, Nuclear and Environmental, and Oil and Gas groups. Headquartered in Newport News, Virginia, HII employs nearly 37,000 people operating both domestically 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. 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.