Discover the key differences between Tririga and Nakisa’s lease management software to confidently choose the best solution for your enterprise.
Nakisa and IBM TRIRIGA offer powerful real estate management solutions. Understand their differences to determine which solution fits your needs.
Nakisa provides a purpose-built, 100% cloud-native lease management solution with native ERP integrations. Nakisa streamlines lessor and lessee accounting, and is quickly deployed.
An older legacy system, IBM TRIRIGA offers many capabilities across different domains. Available cloud-based and on-premise, TRIRIGA requires long deployment by third-party integrators.
IBM TRIRIGA lacks agility and focus, requiring extensive customization to provide commercial real estate management features. In contrast, Nakisa develops features organically to address evolving real estate and lease management needs. Built on the secure, scalable Nakisa Cloud Platform, our software delivers a powerful, intuitive end-to-end solution.
Nakisa’s clients benefit from centralized, automated lease management that efficiently handles complex assets, including leased, sub-leased, and owned properties. Our solution includes automated percentage rent calculations, CAM reconciliation, CPI indexation, AP/AR management, and both out-of-the-box and ad-hoc reports and dashboards.
Nakisa software offers more native ERP integrations than IBM TRIRIGA, including seamless SAP and Oracle integrations that enable enterprises to post and synchronize information. Nakisa’s lease management software integrates out-of-the-box with its lease accounting software, streamlining lessor and lessee accounting. In contrast, IBM TRIRIGA’s integrations require a lot of work from third-party integrators just to function.
Project Lead at NTUC Fairprice
Project Lead at NTUC Fairprice
As a solution that favors on-premises deployments, IBM TRIRIGA requires significant configurations and training to use effectively. In contrast, Nakisa Lease Management is a cloud-native solution designed to be powerful and user-friendly. Nakisa provides a dedicated vendor portal, an intuitive UI, and simple configuration to ensure that Lease Administration teams can streamline their tasks while maintaining accuracy.
Software is user friendly. Ever since we changed to Nakisa Real Estate management software our work has been simplified and we have easy access to our historical data.
Senior Property Manager at RONA
Senior Property Manager at RONA
Nakisa’s software is highly configurable out-of-the-box. We avoid custom builds, so every client benefits from the same powerful functionalities and free upgrades with each new release. This ensures that clients have access from Day 1 to numerous useful reports and highly flexible analytics. Nakisa clients can immediately configure custom fields, lease determination, workflows, and manage high contract volumes, diverse asset and area types, irregular calendars, various accounting standards, multiple currencies, CPI indexations, and complex fixed and variable rent calculations effectively. It’s all part of the powerful portfolio of Integrated Workplace Management System (IWMS) of software products purpose-built to handle complex enterprise needs.
In contrast, IBM TRIRIGA requires extensive customization for virtually everything. Clients must also engage third-party integrators to make TRIRIGA operational. The deployment and learning process is lengthy and costly, both initially and in terms of ongoing adoption.
White-glove implementation professional services ensure that Nakisa Lease Management is deployed smoothly and quickly. There are no hidden or complex costs with Nakisa; clients pay a single fee for one version of everything, including our standard bi-annual upgrades.
In contrast, IBM TRIRIGA has multiple live versions at any given time, necessitating extensive customization and implementation for each client. Support and maintenance are also less efficient.
Nakisa is a product-led company. That means that everything it offers is relentlessly user-centric. All features are designed to be as intuitive as possible and delivered with self-service onboarding, in-app training, and intuitive workflows. Product-led development cycles also ensure that every functionality that’s on the roadmap or delivered is exactly what the user needs.
IBM TRIRIGA by contrast has to maintain and improve 12 active builds for clients, splitting its focus, innovation, and support.
Nakisa organically develops products to meet evolving client needs. We built our software on the Nakisa Cloud Platform, a secure, modern cloud-native architecture featuring state-of-the-art technologies like Kubernetes, Kafka, and a CI/CD framework. Our microservice containerization enables us to continuously deliver market-leading features, functionality, and innovation within a cohesive stack.
Enjoy the speed of innovations: Two major releases per year and regular updates every 8 weeks. No downtime during the update.
Built on independent microservices, Nakisa ensures 99.5% system uptime. In the rare event that a microservice encounters an issue, it doesn’t impact others or bring down the entire system. Nakisa’s failure-tolerant and self-healing design is crucial for enterprise reliability.
Each Nakisa client has a dedicated account manager and a 24/7 support team to answer all questions. We always provide our users with training materials and guides. Also, we have training sessions and webinars to showcase best practices, identify main client pain points, and offer actionable solutions.
Nakisa Lease Management software has an intuitive interface and great configuration capabilities. It is easy to use for both professionals and non-tech-savvy employees. Each user has their own role-based access and permissions so that they use our software in a way that best suits their job. We also offer numerous out-of-the-box reports and dashboards that can be configured to company needs.
Disclaimer: All the information about IBM TRIRIGA was taken from public sources available such as IBM TRIRIGA’s website, screenshots, and reviews by real users on software review websites. Feel free to let us know if we missed any information—we are happy to update it!
For more details and updates, please contact the vendor.
Disclaimer: All the information about IBM TRIRIGA was taken from public sources available such as IBM TRIRIGA’s website, screenshots, and reviews by real users on software review websites. Feel free to let us know if we missed any information—we are happy to update it!
For more details and updates, please contact the vendor.