Lease accounting software that US state and local governments can trust
GASB 87 might be the most recent lease accounting standard released, but Nakisa Lease
Administration has been a top trusted finance platform in the US for years. Our GASB 87 software
module focuses on giving state and local government entities the right tools to seamlessly enforce
the requested changes for fiscal years beginning after June 15, 2021. Our solution is built with
avant-garde technologies and delivered to you from the cloud, in a Software-as-a-Service (SaaS)
model, for better flexibility and scalability.
Nakisa Lease Administration is not a reporting tool that you use just once a year to prepare your disclosure notes. It is a finance platform that helps you manage lease contracts from end to end on a recurrent basis. Record one-time fees, casualty events, unit replacements, or early terminations as they happen. Our solution also comes with both lessor accounting and property management components, and we are building more.
Our solution is built for structured institutions just like yours, dealing with thousands of lease contracts and hundreds of monthly modifications. Nakisa Lease Administration is built on scalable infrastructure to grow with your portfolio and your institution in the long run. Consider Nakisa an extension of your own company and enjoy the help of your dedicated Account Manager, plus 24/7 support, and more.
Any US-based institution managed by state or local governments can use Nakisa Lease Administration’s module to implement compliance with Statement No. 87.
As a mature automated solution, Nakisa Lease Administration reduces operational costs, maximizing your organization’s performance and synergy, while eliminating time-consuming, manual labor.
Refer Nakisa to your partner.