We are happy to announce that our latest major release of Nakisa Lease Administration “2022.R2” is now available to our clients globally starting Dec 15, 2022. In this release, we focused more on feedbacks received from our Fortune 500 clients to provide them with tools and functionalities that can ease their month-end activities by performing more tasks in bulk or automating some of their lease accounting operations. Here is what you need to know regarding the Nakisa Lease Administration 2022.R2 release:
This was a highly requested feature by a lot of our clients who would like to perform such a task in bulk due to major changes in their leases. As an example, such mass change requirements were something that occurred during covid 19 period.
Activation group-level operation to perform a Casualty Event in mass via Batch Management functionality. The users have the flexibility to perform mass casualty for multiple activation groups as follows:
Note: This feature is available for master and power users only. Please consult the latest user/admin guide for more information or talk to your IT team.
For Active Contracts, Change CPI Type from “None to Local/Global” or vice versa in bulk via Batch Management functionality. The users can now do the following like in the manual process:
We are also working on bringing other action types to the Mass Contract Change in the later versions of the NLA solution.
Note: This feature is available for master and power users only. Please consult the latest user/admin guide for more information.
Prevent events from taking place in the future with a manager setting to minimize potential risks of user-mistakes.
This feature is useful for global companies that leverage the same IBR or indexations values across many company codes, however creating them one at a time is not efficient. We now enable our users to create such items at a higher entity level through a new item under the Manager Page menu.
Bulk Create IBR/Indexation:
Bulk Delete IBR/Indexation:
Note: This feature is available for users who have access to Manager page of NLA. Please consult your IT team for more information on such access.
Download Master Data page that can be available via the admin setting which allows downloading a set of tables at a time, we have introduced a new set of filters to the following tables:
You can also filter and download the entries for the above master data config tables only for a subset of data such as:
Please visit our Nakisa Customer portal to access the release notes for this version.
To learn more about any of the above new features, keep an eye on our Nakisa Youtube page for more training videos.
Please reach out to your dedicated Nakisa Account Manager if you would like to discover the features of the latest NLA version and how it can help your organization specifically or to request a tailor-made training for your organization.
During the past couple of weeks, we have been trying something new here at Nakisa…