Nakisa Lease Administration
GASB 87 Lease Accounting and Compliance Software
Lease accounting software that US state and local governments can trust.
End-to-end GASB 87 lease accounting and compliance software for US state and local governments
GASB 87 might be the most recent lease accounting standard released, but Nakisa Lease Administration has been a top trusted finance platform in the US for years. Our GASB 87 software module focuses on giving state and local government entities the right tools to seamlessly enforce the requested changes for fiscal years beginning after June 15, 2021. Our solution is built with avant-garde technologies and delivered to you from the cloud, in a Software-as-a-Service (SaaS) model, for better flexibility and scalability.
Trust Our Software for All Aspects of Statement No. 87
Unsure if a contract falls under GASB 87? Worry no more!
More than a fiscal year-end reporting tool, an everyday lease accounting platform
Nakisa’s lease accounting software is not a reporting tool that you use just once a year to prepare your disclosure notes. It is a finance platform that helps you manage lease contracts from end to end on a recurrent basis. Record one-time fees, casualty events, unit replacements, or early terminations as they happen. Our solution also comes with both lessor accounting and property management components, and we are building more.
Made for complex, large lease portfolios with intense activity
Nakisa’s lease accounting software is built for structured institutions just like yours, dealing with thousands of lease contracts and hundreds of monthly modifications. Our solution is built on scalable infrastructure to grow with your portfolio and your institution in the long run. Consider Nakisa an extension of your own company and enjoy the help of your dedicated Account Manager, plus 24/7 support, and more.
Who can use Nakisa lease administration’s GASB 87 module?
Any US-based institution managed by state or local governments can use Nakisa Lease Administration’s module to implement compliance with Statement No. 87.
Operational efficiency powered by automation
As a mature automated solution, Nakisa Lease Administration reduces operational costs, maximizing your organization’s performance and synergy, while eliminating time-consuming, manual labor.
What our clients say about Nakisa
With the number of lease contracts we have, we needed a scalable solution that could be operational before our compliance deadlines. After an extensive vendor selection process, we identified that Nakisa is the best solution to support our compliance initiatives.
We needed a system that would allow us to be in compliance and to ensure that we have accurate calculations and accurate disclosures. All the out-of-the-box disclosure reports [of the NLA software] in essence fit those needs.
Nakisa is an intuitive application that handles all types of leases. We also found it to be the only solution that comprehensively operates in multiple currencies, which is ideal for our global business requirements.
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