The Nakisa Finance Suite
Best enterprise lease accounting software trusted by Fortune 1000
Managing lease accounting for large, complex portfolios (property, equipment, land, fleet)? Let us automate it for you. Nakisa clients reduce period-end time by 71%.
- Track, account, and report on all lease data in one single solution
- Leverage easily auditable and highly configurable reports
- Use AI, mass operations, and automation to save time and eliminate errors
- Achieve IFRS 16, ASC 842, local GAAP accounting compliance
- Eliminate data reconciliation needs thanks to native ERP integrations (SAP ECC, SAP S4/HANA, Oracle)
Market leaders trust Nakisa
We are using Nakisa for real estate for all of our markets. The benefit that we have seen is that it can do the accounting IFRS 16, ASC 842, and have SAP integration.”
We worked closely with the Nakisa team to build a solution that would fit the size and requirements of a corporation like Nestlé.”
With Nakisa, we have found both month-end and quarter-end closing processes to be much more straightforward operations.”
Tired of time-consuming maneuvers, human errors, and delays in period-end closings?
Nakisa offers the best lease accounting software solutions for global enterprises. Get robust features for each phase of the lease lifecycle to easily manage 100,000+ lease contracts of any tangible assets from A to Z. Our lease accounting solution features advanced configurability to handle all complex use cases. It natively integrates with the most trusted ERPs, and ensures parallel compliance with IFRS 16, ASC 842, and local GAAP.
Lease data capture
Utilize mass uploads via bilateral ERP sync (SAP, Oracle), APIs, or flat files to import lease agreements from spreadsheets, legacy systems, and other sources. Use the Nakisa AI Agent for document abstraction to automatically identify, extract, validate, and process key fields from leases, amendments, invoices, and more.
Lease accounting and administration
Leverage end-to-end lease accounting and administration—from inception to modifications, renewals, and purchases. Unlike other vendors, Nakisa provides true contract- and asset-level accounting. Mass operations streamline bulk processes like modifications, indexations, and workflow transitions.
AI-powered capabilities automate terms, conditions, and charges; track critical dates, payments, and lease clauses with proactive notifications; deliver real-time portfolio insights via customizable reports; and handle complex calculations for right-of-use assets, lease liabilities, and interest expenses while ensuring multi-standard compliance.
Transaction posting and payment
Schedule or post on-demand from Nakisa’s subledger to your ERP GL for seamless data synchronization and automated payments, with start dates aligned to accounting standards. Preview journal entries before posting.
Handle complex scenarios—variable or percentage-based rent, CPI indexations, multi-vendor, multi-currency, and non-standard payment schedules—while maintaining a clear audit trail. Efficient batch processing manages multiple transactions simultaneously, saving time and reducing errors.
Compliance with IFRS 16, ASC 842, and local GAAP
Automate compliance with ASC 842, IFRS 16, and local GAAP while generating comprehensive disclosure reports. Configure dashboards for financial transparency and manage non-standard 4-4-5 calendars, automated indexation, multi-currency FX translation, and modifications on any effective date. Ensure accurate period-end closings with automated balance calculations, ledger mapping, and secure journal entry workflows.
Auditing and reporting
Nakisa delivers audit-ready reports with drill-down capabilities for compliance with IFRS 16, ASC 842, and local GAAP. It supports complex calculations for ROU assets and lease liabilities, offering standard, customizable, and comprehensive financial and disclosure reports. Transactional and management reports, multi-dimensional reporting, and scenario analysis provide robust insights for regulatory filings and forecasting.
The most comprehensive real estate and equipment lease accounting system for IFRS 16, ASC 842, and local GAAP compliance
Whether you lease in or out (or both!), Nakisa’s finance software has all the features you need to sustainably manage your growing portfolios of real estate, equipment, fleet, and land leased assets. What’s more, our finance suite includes a property management solution that uses the same lease data to support your corporate and commercial leasing scenarios, such as subleasing with multiple tenants.
What sets Nakisa apart?
Mirror your real-life complexity with our advanced configurability
Built for large enterprises, Nakisa easily handles complexities like large contract volumes, high monthly activities, irregular calendars, multiple ERPs, standards, currencies, languages, modifications, and events. It offers true contract and asset-level accounting, company-wide configurations, plus highly configurable analytics.
Comply in parallel with IFRS 16, ASC 842, local GAAP
There’s no need to have separate lease accounting solutions. With Nakisa, manage all your leases under these standards simultaneously on one unified platform. Our lease accounting system accommodates each standard’s unique requirements and allows you to generate disclosure reports accordingly.
Leverage native bidirectional ERP integrations
Connect isolated data sources, ERPs, and various SaaS tools with our open platform and build one source of truth. Use our native bidirectional ERP integrations (SAP and Oracle) and numerous APIs to streamline, validate, and write back data. Ensure data integrity with our technologies.
Experience rapid deployment, easy maintenance, and seamless upgrade
Unlike other vendors requiring significant upfront setup costs and third-party resources for maintenance or upgrade, Nakisa is a cloud-native solution that offers easy configuration and rapid deployment, empowering timely portfolio management, cross-functional alignment, and operational excellence.
Not only did Nakisa provide inherent workflows and automation for IFRS 16, generating time savings, but the solution’s built-in segregation of duties, audit logs, and disclosure reporting also met all our auditing requirements.
Robert Reddman,
Senior Manager Corporate IT (CIT) at ASK Chemicals
Wondering how Nakisa's lease accounting solution handles cyber security, data privacy, ease of use, or customer support?
Cyber security and data privacy
Nakisa is built on a secure platform with data encryption, role-based access control, and audit capabilities to ensure compliance requirements.
✓ SOC 1 Type II & SOC 2 Type II audit report
✓ FIPS 140-2 compliance
✓ GDPR-ready solution
✓ IT General Control with audit logs (ITGC)
✓ Single-Sign-On
✓ Role-based permissions
Onboarding and customer support
We offer guidance for systems deployment with robust project governance and executive sponsors throughout the process. Our onboarding and implementation services are structured, easy to use, and supported by experts with the experience with complex environments.
Each Nakisa client has a dedicated Account Manager and a 24/7/365 support team to answer all the questions. We always provide our users with training materials and guides. Also, we have training sessions and webinars to showcase best practices and discover the pain points of our clients.
Reliability
Built on independent microservices, Nakisa's uptime is 99.5%. Even if in the rare case where a microservice experiences downtime, no other microservice is affected. Nakisa is a failure-tolerant and self-healing system that ensures continuity for enterprise clients.
Innovation and upgradeability
Enjoy faster deployment, upgrades, and maintenance without disrupting your operations. Nakisa follows CI/CD best practices and enables faster time to market thanks to microservices. Enjoy biannual releases and continuous enhancements at no additional cost.
Ease of use
Nakisa is designed for all users, regardless of their technical skill levels. It has an intuitive interface and reports and dashboards out-of-the-box which can be further configured to any use case. Each user has their own role with specific permissions so that everyone gets as many or as few functions as their job demands.
Fast migration from your old solution
No worries about your historical data! We analyze your previous system and perform data migration. We also check what historical data you didn’t utilize in your previous solution but can now use in Nakisa (a data-gap analysis). Together with your team, we’ll audit and validate data migration.
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Explore how Nakisa’s enterprise lease accounting software can help streamline lease accounting and lease administration for your global company.
Explore how Nakisa’s enterprise lease accounting and compliance system can help streamline lease accounting and lease administration for your global company.
About Nakisa
Nakisa is a cloud-native enterprise application provider that empowers Lease Accounting, Lease Administration, Real Estate, and Human Resources teams. We are proud to serve more than 1,100 enterprise clients and 6.6 million users across 135 countries. Companies such as Walmart, Pfizer, Puma, Nestlé, ExxonMobil, Dollarama, and Airbus rely on us every day.
Since 1999, our solutions enable teams to achieve their core tasks more efficiently by providing insights, workflows, and automation, so they focus on more value-added activities. Nakisa delivers business-critical solutions by using microservices and technologies such as Kubernetes, Kafka, CI/CD framework, and many other state-of-art tech stacks. We are excited about using consumer-grade technologies for enterprises so they can benefit from unparalleled flexibility, scalability, and speed of innovation.
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