Streamline your Property Management with automation
Reduce manual tasks by automating complex multi-asset lease management activities in your property management solution.
- Increase efficiency & productivity
- Reduce costs & human errors
- Improve data quality & decision making
- Ensure consistency & compliance
- Gain scalability & competitive advantage
Nakisa is a trusted partner among Fortune 1000 companies
Your Property Management software needs to automate repetitive and complex tasks and processes
The Solution:
Nakisa Real Estate Management Software (NRE)
NRE is a cloud-native solution designed for global retailers to streamline day-to-day operations and achieve better real estate portfolio management while staying ASC 842 and IFRS 16 compliant. NRE automates all repetitive complex tasks and processes, allowing your team to focus on high-value activities that require human expertise.
Centralize all your real estate data in your Property Management solution automatically
NRE offers centralized storage for all your real estate data, including lease contracts, amendments, critical clauses and dates, documents, financials, insurance, tax, and contacts.
No need to manually gather scattered data for analysis and reporting. Our pre-made reports and ad-hoc dashboards allow you to easily manage and share data.
This leads to better data management, boosts control over operations, eliminates risk of errors caused by manual dual entries, and enhances lease portfolio visibility.
Seamlessly integrate your Property Management with ERP and lease accounting, visualize entire portfolio & drill-down to critical information with a few clicks
With no manual intervention, NRE provides a single source of truth with a proper audit trail. It supports fully automated bidirectional integration with any ERP (SAP including ECC and S/4 HANA, Oracle, etc.) and seamlessly integrates all aspects of property management, lease accounting, lessor, and lessee in one centralized location.
This level of centralization and automation reduces errors, enhances lease portfolio visibility, streamlines operations and payments, and simplifies monthly close.
Various automated reports & dashboards available, no technical BI skills required
With NRE, take control of your real estate data and gain valuable insights on your own terms, with no technical expertise required. Use our pre-made templates or build your custom dashboards with drag-and-drop.
Track exactly what you need in real time. Collaborate with the accounting team and use a single source of truth for all lease-related operations.
With a few clicks, you can generate all real estate reports that you need, such as:
- Year-end reconciliation with CAM reports
- Percentage rent reports
- Critical dates reports
- CPI indexation reports
- Currency translation
- Financial obligation reports
- Occupancy cost reports
- Rent table & rent roll reports
- Tax and insurance reports
- AP/AR payment reports
- Cash flow reports
- Fiscal/calendar year reports
Automate complex, multi-asset lease management tasks, percentage rent, reconciliation, currency translation, and more
NRE automates various functions, such as complex percentage rent calculations. With customizable formulas, category exclusions, multiple breakpoints, and audit thresholds, NRE simplifies managing these calculations and ensures you don’t lose money on audits and fees.
NRE also automates lease reconciliation, including tax, insurance, as well as CAM expenses with multiple sub-categories.
By using the vendor portal, vendors and landlords easily upload and link invoices to expense categories, improving communication and efficiency in the reconciliation process.
NRE fully supports multi-currency foreign exchange (FX) translation at inception (from contract currency to company currency, to group currency) in addition to remeasurement for any events.
Automate repetitive, time-consuming tasks & processes
NRE handles mass operations, such as mass creation, terminations, renewals, indexation, mass contract uploads, mass revisions, as well as batch jobs such as journal entry postings, batch payments, to name a few.
NRE batch jobs are scalable to handle tens of thousands of line items, and powerful and flexible to handle any complex scenario required, as well as any potential changing market fluctuations that may affect your real estate business environment.
Comply with lease accounting standards automatically
NRE is fully compliant with ASC 842 and IFRS 16 (and upcoming standards) and can seamlessly embed your accounting policy.
By integrating a compliance tool and property management software into a single platform, all accounting-related items (including expenses, purchase orders, invoices, and more) are automatically transitioned.
No manual payment data consolidation and validation needed, saving time, reducing errors, and minimizing audit time.
Visualize entire portfolio & drill-down to critical information with a few clicks
NRE automatically integrates ERP, property management, lease accounting, lessor, and lessee. This holistic view enables quick identification of individual property performance, areas of growth, and comparison of different properties and provides a centralized collaboration platform.
NRE enables efficient filtering and sorting of large amount of data for key insights on property condition, landlord info, leases, and financials.
Stay on top of critical dates
Our activity center integrates with your ERP and notifies you about all the important dates and actions you need to take beforehand. These can be as specific as per each lease clause or condition abstracted into the system (such as the option to renew or terminate).
Want to know more about how a next generation Property Management solution can take your real estate to the next level?
“In my opinion, it is a very good software. They have the potential and skills to keep improving and are very open to their client’s feedback. It’s very easy-to-use software and very affordable for what you get. It has everything you need to get the job done. Their customer service is also amazing. We have had issues or minor bugs and the return time is impeccable. They have many good reporting tools, that with proper training, can become very useful to an organization. We wish them continued success.”
Silvana Cafazzo
Director, Lease Administration
NRE is a robust everyday Property Management & Compliance platform, built for global retailers
NRE is a cloud-native solution that offers standard features for managing all types of complex owned and leased real estate assets, while providing workflow flexibility in an intuitive easy-to-use interface.
Leaders working with Nakisa
NRE provides global retailers with a single, end-to-end Property Management solution to manage all your owned, leased, sub-leased assets throughout their entire lifecycle by offering:
- Centralized management of your real estate data
- Automated workloads and complex multi-asset calculations
- Compliance with IFRS 16 and ASC 842
Ready to move off spreadsheets or an outdated legacy real estate database?
Schedule a call with me. Tell me about your Property Management needs.
No strings attached.
About Nakisa
Nakisa is a cloud-native enterprise application provider that empowers Lease Accounting, Real Estate, and HR 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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