Companies with large, complex portfolios of property and equipment assets cannot afford to rely on siloed systems and manual data reconciliation. This is the reason why integration is essential to your data management strategy. The Nakisa Cloud Platform is what makes all of our Nakisa applications possible—a secure, flexible, and API-driven cloud architecture. The Nakisa Cloud Connector is the unique access point from third party systems to our platform, allowing customers to seamlessly connect their finance solutions and system of records such as SAP S/4HANA to Nakisa Lease Accounting.
The Nakisa Cloud Connector uses secure open REST APIs that have been validated by ERP technology providers.
Master data transfers happen seamlessly, in real time, between your ERP environment and Nakisa Lease Accounting.
Schedule your journal entries and postings from your lease subledger to different ledgers in multiple ERPs.
The Nakisa Cloud Connector enables our platform to scale with your enterprise data sets and transaction loads.
Native, bidirectional integration with SAP ECC and SAP S/4 HANA using SAP’s Java Connector over TCP/IP.
Sync master data and post journal entries to GL accounts.
Bidirectional integration with Oracle Cloud Financials.
Sync master data and post journal entries to GL accounts.
Our lightweight technology has a small resource footprint, resulting in low hardware requirements. Sync with general ledgers, BI, reporting, and reconciliation tools, like BlackLine.
Now the team can update contracts much faster and save a lot of time while working on monthly, quarterly, and annual financial reports. If before Nakisa some countries needed to spend 6-7 working days to identify financial impacts, now it only takes 1 day or, during a particularly eventful month, 2 days. This is a significant win for us. This efficiency benefits both the company and end users, ensuring accurate and timely presentation of financial statements.
I can see that end users do more value-added jobs now. They don’t need to chase the real estate team for lease information or perform manual data entry. Instead, they validate data and close efficiently. For example, month-end closing is now twice as fast with Nakisa, saving 50% of man-hours.
We really did not consider other partners when we made the decision to ultimately go to the cloud. And a big piece of that is that Nakisa is the expert in this. We have been very satisfied and very happy with our migration to the cloud. The cloud solution is extremely stable. We have no latency issues and the performance with respect to the speed of the system and application and the stability of the SAP posting bot are great.