KONE chose Lease Administration by Nakisa to address IFRS 16 compliance. KONE required a solution that was compatible with their existing SAP environment and required minimal configuration to get started.
Lease Administration by Nakisa’s native integration with SAP made it the right choice for KONE. With Lease Administration by Nakisa, KONE has the ability to visualize their entire lease portfolio using intuitive pre-configured dashboards that break down the composition of a contract portfolio by contract status, payment obligations, asset classes, and more.
KONE, founded in 1910 and headquartered in Espoo near Helsinki, Finland, is an international engineering and service company employing some 55,000 personnel across 60 countries worldwide. The firm is the 4th largest manufacturer of elevators and escalators worldwide, and also provides maintenance services and modernization. In addition, KONE builds and services autowalks, automatic doors and gates. The company provides local service for builders, developers, building owners, designers and architects in 1,000 offices in over 50 countries.
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.