UPM-Kymmene Oyj created an expert team to manage their IFRS 16 compliance project. In order to achieve timely IFRS 16 compliance as well as establish a centralized solution for global lease consolidation, abstraction and management that could act as the foundation of their lease management structure going forward, they selected SAP Lease Administration by Nakisa.
SAP Lease Administration by Nakisa’s ability to streamline and simplify lease tracking and accounting makes it the perfect solution for UPM-Kymmene Oyj. SAP Lease Administration by Nakisa serves as a centralized repository for all details associated with leased assets, enabling them to see all details associated with lease assets, contracts, accounting events, and payments.
UPM-Kymmene Corporation (UPM) is a global forest company. The Company's segments include UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA, UPM Plywood and Other operations.
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.