JBS selected SAP Lease Administration by Nakisa to address their global compliance initiatives for IFRS 16 and ASC 842. With a clear understanding of the requirements under the new lease accounting standards, JBS executed an accelerated evaluation process for solution selection.
SAP Lease Administration by Nakisa was built from the ground up to support compliance with the new lease accounting standards. The ability to manage a global lease portfolio and perform required lookback accounting made SAP Lease Administration by Nakisa the right solution for JBS.
JBS is one of the world’s leading food industry companies with approximately 235,000 employees in over 20 countries. The company owns a portfolio of brands that are acknowledged for their excellence and innovation, such as Doriana, Friboi, Moy Park, Pilgrim’s Pride, Primo, Seara, Swift, Gold’n Plump and others, serving over 300,000 customers of more than 150 nationalities worldwide.
For more than 60 years, JBS has provided customers with the highest quality products and superior service. The company’s focus on innovation also reflects its management approach to related businesses in areas such as leather, biodiesel, collagen, hygiene & personal care as well as cleaning products, natural casings, solid waste management solutions, can making and an in-house carrier.
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.