A solution for international businesses designed to simplify compliance with IFRS 16 by centralizing and automating lease accounting operations
Nakisa Lease Administration is a holistic lease management accounting, and reporting solution designed to support compliance with IFRS 16. It enables global businesses who must report under the IASB’s international accounting standards to accurately track all aspects of their lease agreements. Whether you’re a global organization or business with international operations, we can help.
How can we support your IFRS 16 compliance initiatives?
IFRS 16 compliance shouldn’t be a difficult task to do. Early users of the International Accounting Standards Board (IASB) IFRS 16 standard would attest that obtaining lease compliance might be difficult if your strategy isn’t well thought out. Even for an established business, incorporating leases into the general ledger involves more than just corporate finance teams’ simple commitment because leases have historically been outside the balance sheet. Nakisa is your ideal partner in this situation since it has combined the best corporate accounting and technology know-how into a single solution. That will help you succeed.
Nakisa Lease Administration is not a one-time use reporting tool for preparing disclosure notes. It is a comprehensive finance platform that assists you in managing lease contracts throughout their entire lifecycle. One-time fees, casualty events, unit replacements, and early terminations will be recorded as they occur. Our solution also includes lessor accounting and real estate management components, with ongoing development to expand its capabilities even further.
Nakisa Lease Administration provides advanced features for both lessees and lessors, specifically designed to handle complex scenarios involving thousands of lease contracts and numerous monthly modifications. Unlike legacy software, Nakisa Lease Administration is built on a scalable infrastructure, which enables faster growth and long-term scalability. Take advantage of Nakisa’s round-the-clock support, online training, center of excellence, and dedicated account managers to maximize your benefits. With Nakisa, you can achieve more in less time.
To help you get up and running faster, we developed a rapid deployment methodology. Leveraging standalone capabilities and cloud technology, Nakisa’s rapid deployment can get you up and running in a matter of weeks. See how we can support your compliance initiatives as quickly, efficiently, and with the least amount of risk as possible. Read more
Using Nakisa Lease Administration, our customers have significantly reduced operational costs and maximized performance by automating tedious manual tasks and reducing risks associated with manual data entry.
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