Lease management software for global enterprises
Built for large commercial lessees, Nakisa’s lease management software consolidates your lease administration and lease accounting into one comprehensive solution. Easily manage your complex portfolio of tangible leased assets (such as property, equipment, land, and fleet) from A to Z. Achieve parallel compliance with IFRS 16, ASC 842, and local GAAP standards.
Enterprise-grade solution trusted by industry leaders
Nakisa's lease management software becomes an extension of your teams
Contract Administrator
Contract Administrator
Capital Projects Manager
Capital Projects Manager
Accountant
Accountant
Executive
Executive
What our clients say about 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.
Nakisa allowed us to close our books a week before month-end. Now anyone can easily run a report the last week of the month to verify depreciation, cost centers, and other aspects and ensure they are all correct. We are starting to use the automation of contract uploads and mass lease modifications, and they are going to be a huge win for us. I think we will get a lot of productivity gains out of those features.
Nakisa offers excellent software allowing us to be more efficient with all our rent payments and to do better follow-ups on our deadlines, renewals, deposits, etc. The software allows us to create custom made reports to be used with our financial statements. These reports are also good tools to communicate information to various divisions in order to help them with their budgeting. The software is very user-friendly. In short, it is essential for our real estate department.
Lease management system that supports your portfolio growth
Automate contract administration to boost operational efficiency
Perform automatic and instant identification, abstraction, and validation of key fields in any lease document, including invoices, using our AI-based abstraction toolkit.
Utilize Nakisa’s virtual library to centralize, tag, and view all documents associated with specific leases in one place. Host all contacts and link them to respective vendors. Track and report on assets throughout their lifecycle. Manage obligations, handle renewals, amendments, and terminations. Enjoy easy navigation and retrieval within the app.
Have your vendors upload invoices to the vendor portal, for easier auditing, automated calculations, and smoother reconciliation. Allocate costs among multiple vendors using our rent table and streamline invoice management with the vendor portal.
AI lease abstraction
Perform automatic and instant identification, abstraction, and validation of key fields in any lease document, including invoices, using our AI-based abstraction toolkit.
Document and contact management
Utilize Nakisa’s virtual library to centralize, tag, and view all documents associated with specific leases in one place. Host all contacts and link them to respective vendors. Track and report on assets throughout their lifecycle. Manage obligations, handle renewals, amendments, and terminations. Enjoy easy navigation and retrieval within the app.
Critical dates management
Get notifications and email reminders for upcoming dates, per lease, clause, or condition. Stay on top of your activities, pending activations, and deadlines. Save time and avoid paying for delays!
Vendor portal
Have your vendors upload invoices to the vendor portal, for easier auditing, automated calculations, and smoother reconciliation. Allocate costs among multiple vendors using our rent table and streamline invoice management with the vendor portal.
Benefit from accurate multi-factor calculations to eliminate errors and avoid overcharges
Automate complex rent calculations, such as scenario-specific fixed and variable payments, non-standard calendars, multi-currency, and multi-vendor.
Rent calculation
Automate complex rent calculations, such as scenario-specific fixed and variable payments, non-standard calendars, multi-currency, and multi-vendor.
Percentage or sales-based rent
Automate your complex percentage rent calculations. Easily create custom rules for multiple percentage rent scenarios and exclude categories as needed.
Reconciliation (CAM, tax, insurance)
Automatically reconcile the accrual of expenses against total operating costs to identify differentials and avoid overcharges.
CPI indexation
Automatically host multiple CPIs and apply them to payments to calculate adjustments. No manual maneuver needed.
AP/AR management
Automatically allocate costs among multiple vendors, and have the payments seamlessly integrated within your ERP system without manual intervention. Manage payments through a pervasive rent table and view any step-ups and other changes. Use batch payments to schedule, post, or reverse multiple payments and charges for several contracts at the same time.
Use advanced analytics and reporting for timely insights and proactive business decisions
Easily visualize your entire portfolio and drill down to critical information. Use out-of-the-box reports on critical dates, CPI indexation, financial obligation, CAM reconciliation, and percentage rent among others. Create ad-hoc, permission-based dashboards with ease.
Compare up to 10 existing and potential sites side-by-side, and evaluate various KPIs such as forecasted expenses and returns, capital investment and incentives, base rent, CAM, and more. Select the best fit for your portfolio during expansion, relocation, or renewal.
Analytics and reporting
Easily visualize your entire portfolio and drill down to critical information. Use out-of-the-box reports on critical dates, CPI indexation, financial obligation, CAM reconciliation, and percentage rent among others. Create ad-hoc, permission-based dashboards with ease.
Budgeting and forecasting
Set up a budget for a specific period. Easily manage budgets and forecast needs based on occupancy rates and growth projections.
Site selection
Compare up to 10 existing and potential sites side-by-side, and evaluate various KPIs such as forecasted expenses and returns, capital investment and incentives, base rent, CAM, and more. Select the best fit for your portfolio during expansion, relocation, or renewal.
Let's have a no-obligation call!
There, we'll discuss how Nakisa's lease management software can transform and streamline your lease administration and lease accounting.
Lease management software compliant with IFRS 16, ASC 842, and local GAAP lease accounting
Among the robust features tailored for each phase of the lease lifecycle, Nakisa offers powerful lease accounting functionality. Leverage true contract and asset-level accounting, along with comprehensive lease tracking, and achieve automatic compliance with IFRS 16, ASC 842, and local GAAP standards. Native ERP integrations (SAP, Oracle, Workday), automated processes, and calculations will save time, eliminate errors, and enable your team to focus on strategic tasks.
Utilize mass data upload via bilateral ERP sync (SAP and Oracle), APIs, or flat files. Automatically and instantly identify, abstract, and validate key fields in any lease document.
Utilize easily auditable and highly configurable reports with drill-down capabilities, including disclosure reporting under multiple standards, 10K/10Q reports, ad-hoc reports and dashboards for additional analysis support (at the company level or by end user).
Lease data capture
Utilize mass data upload via bilateral ERP sync (SAP and Oracle), APIs, or flat files. Automatically and instantly identify, abstract, and validate key fields in any lease document.
Lease accounting and administration
Leverage true asset-level accounting and lease asset tracking throughout lease events, from inception, to modifications, renewals, and purchases. Use mass operations for modification, indexation, or workflow transition. Stay on top of deadlines with configurable notifications.
Transaction posting and payment
Pre-generate journal entries to preview the impact before posting. Utilize scheduled or on-demand batch posting from the Nakisa subledger to your ERP GL (SAP ECC, SAP S4/HANA, Oracle). Generate payments and reconcile scheduled payments and invoices.
Compliance
Automate parallel compliance across multiple standards (ASC 842, IFRS 16, local GAAP). Our solution supports non-standard 4-4-5 calendars, automated indexation adjustments, multi-currency FX translation under ASC 830 and IAS 21, modification, and reassessment recordings on any effective date, and more.
Auditing and reporting
Utilize easily auditable and highly configurable reports with drill-down capabilities, including disclosure reporting under multiple standards, 10K/10Q reports, ad-hoc reports and dashboards for additional analysis support (at the company level or by end user).
What our clients say about Nakisa
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.
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.
Nakisa has a lot to offer in terms of flexibility, user-friendliness, ERP Integration and its cloud solution. The integration is really important, because once we have verified that contracts are captured correctly in the Nakisa system, we don’t want to worry if in the ERP the data are also correct and to run complex reconciliations every month.
Comprehensive lease management capabilities for your industry
Retail and Restaurants
Retail businesses rely on efficient lease management and accounting to navigate complex lease agreements for stores, warehouses, and office spaces. Our retail lease management software streamlines lease tracking, rent payments, and expense management such as percentage rent and CAM, while ensuring compliance with lease terms and accounting standards (local GAAP, IFRS 16, ASC 842). With features tailored to retail needs, such as store selection, critical date alerts, and automated calculations, our commercial lease management software empowers retailers to optimize occupancy costs, make informed decisions, and drive profitability.
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Pharmaceutical
Pharmaceutical companies manage a wide array of leases, including research labs, manufacturing facilities, offices, and specialized equipment. Our pharmaceutical lease management software simplifies lease administration, ensuring compliance with pharmaceutical industry regulations and accounting standards. Equipped with features like lease abstraction, critical date tracking, and compliance reporting, our software empowers companies to efficiently manage their portfolios, mitigate risks, and enhance operational efficiency. Ultimately, this supports their mission of delivering life-saving medications to patients worldwide.
Transportation
Among the various assets managed by transportation companies are fleets of vehicles, terminals, and logistics hubs. With features such as lease tracking for facilities, maintenance scheduling, real-time insights into lease data, and automated tasks, Nakisa software empowers transportation companies to make strategic decisions, improve operational efficiency, and drive profitability. Our lease accounting solution ensures operational excellence and addresses the complexity of managing geographically diverse assets and their impairments under various accounting standards (local GAAP, IFRS 16, ASC 842).
Manufacturing
Our manufacturing lease management software offers essential features such as lease tracking for facilities, maintenance scheduling, and real-time insights into lease data. This empowers manufacturing companies to efficiently manage their diverse range of leased assets, including production facilities, equipment, and warehouses, reducing operational risks and optimizing costs. Nakisa software streamlines the accounting for PP&E lease portfolios, handling large lease portfolios, embedded leases, and international operations with ease. This facilitates the accounting cycle, ensuring compliance and efficiency in the financial reporting process.
Telecom
Telecommunication companies manage a diverse portfolio of leased assets, including cell towers, data centers, office spaces, and equipment. Our telecom lease management software provides crucial features designed to streamline property lease administration, including lease activity tracking, critical date and clause reminders, payment management, real-time insights into lease data, site selection, and more. Additionally, it simplifies accounting processes and reporting for real estate, land, and equipment leases, ensuring compliance with local GAAP and international lease accounting standards for telecommunication companies.
Financial Services
Financial services firms oversee diverse portfolios of leased assets, including office spaces, equipment, and vehicles. Our corporate lease management software offers essential features to streamline property lease administration, such as lease activity tracking, critical date reminders, payment processes management, automated reconciliation, site selection, and advanced analytics. With intuitive handling of large lease portfolios and ensuring compliance with IFRS 16, ASC 842, and local GAAP accounting standards, our solution simplifies lease accounting and compliance for financial services firms across the lease lifecycle stages.
Healthcare
Healthcare practices demand a unique set of commercial leases tailored to their industry-specific needs and regulatory standards. Our healthcare lease management software is designed to address the intricacies of medical use leases. Equipped to handle both finance and operating leases, it streamlines the accounting process, particularly for medical equipment classified as operating leases under the IFRS 16 and ASC 842 standards. With the Nakisa platform's mass lease tool, healthcare practices managing a high volume of leases can efficiently manage their lease portfolio.
Public sector
With the adoption of IFRS 16 and ASC 842, lease accounting has become increasingly challenging for the public sector. Nakisa's lease management solution addresses these complexities by providing tailored solutions for public sector entities. It efficiently handles the diverse range of leases within the public sector, including land, PP&E, and fleet management, catering to both government bodies and smaller-sized public entities. Our software streamlines accounting processes through automated asset depreciation calculations, mass modification functionalities, and support for short-term and low-value leases.
What sets Nakisa apart?
Built for enterprise lease portfolios
Nakisa easily handles complexities like large contract volumes, high monthly activities, irregular calendars, multiple ERPs, standards, currencies, languages, modifications, and events. Our solutions grow with your success. We design and build all our upgrades based on what our clients want and what we know they'll need.
Native ERP and other 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 ECC, SAP S4/HANA, Oracle, Workday) and numerous APIs to streamline, validate, and write back data. Ensure data integrity with our technologies. Others take months to integrate; we’re done in days.
Learn more about Nakisa's integrations 
Parallel compliance with IFRS 16, ASC 842, local GAAP
Fortune 1000 companies have successfully used Nakisa for reporting and disclosures since the inception of the new accounting standards.
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.
Learn more about Nakisa's compliance
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. Benefit from two major releases a year and updates every six to eight weeks at no cost.
Learn more about Nakisa's cloud platform
Cyber security and data privacy
Nakisa is built on a secure platform with data encryption, role-based access control, Single-Sign-On, and audit capabilities to ensure compliance with SOC 1 Type II & SOC 2 Type II, FIPS 140-2, GDPR, and IT General Control (ITGC).
Learn more about Nakisa's security
Reliability
Built on independent microservices, Nakisa’s uptime is 99.5%. Even 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.
Learn more about Nakisa's advantages
What sets Nakisa apart?
Built for enterprise lease portfolios
Native ERP and other integrations
Learn more about Nakisa’s integrations
Parallel compliance with IFRS 16, ASC 842, local GAAP
Learn more about Nakisa’s compliance
Rapid deployment, easy maintenance, and seamless upgrade
Learn more about Nakisa’s cloud platform
Cyber security and data privacy
Nakisa is built on a secure platform with data encryption, role-based access control, Single-Sign-On, and audit capabilities to ensure compliance with SOC 1 Type II & SOC 2 Type II, FIPS 140-2, GDPR, and IT General Control (ITGC).
Learn more about Nakisa’s security
Reliability
Learn more about Nakisa’s advantages
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Explore how Nakisa’s lease management system can streamline lease administration and lease accounting for your global company.
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Frequently Asked Questions
What is lease management software?
Lease management software helps organizations efficiently manage and automate the entire lifecycle of their lease agreements, whether for real estate properties, equipment, vehicles, or other assets. It provides a centralized platform to store and organize lease data, track critical dates and payments, automate lease accounting processes, generate compliance and accounting reports, and streamline processes like lease renewals and modifications. By consolidating lease portfolios, accounting, and operational activities into one system, providing automated workflows and robust analytics capabilities, and sending alerts for key lease milestones, lease management software enhances visibility, accuracy, and control over leased assets, reduces costs, and supports better decision-making, while ensuring adherence to accounting standards like ASC 842 and IFRS 16.
What types of leases does Nakisa's lease management software support (real estate, equipment, etc.)? Can it handle complex lease scenarios like renewals and modifications?
Nakisa software supports any fixed asset lease, including real estate, equipment, land, and fleet. Built for global enterprises, it simplifies lifecycle lease management for large, complex leased and sub-leased assets. It can handle multiple modifications and events, diverse deal structures, subleasing options, various ERPs, accounting standards, currencies, languages, irregular calendars, and more.
How does Nakisa's lease management software ensure compliance with accounting standards like ASC 842, IFRS 16, etc.? What reporting capabilities does it offer?
Nakisa Lease Management software ensures parallel compliance with IFRS 16, ASC 842, and local GAAP standards. It provides true contract and asset-level accounting and lease tracking. The solution also offers easily auditable, highly configurable reports with drill-down capabilities, ensuring comprehensive and accurate reporting.
What lease management processes does Nakisa software automate (payment tracking, critical date monitoring, reporting, etc.)?
Nakisa lease management software is your single solution to automate enterprise lease administration and lease accounting. It streamlines lease data capture, document and contact management, critical date monitoring and reporting, vendor management, payment administration, lease accounting and compliance, transaction posting and payment processes, lease auditing and reporting, and more.
Can Nakisa's lease management software integrate with existing systems like ERPs, accounting software, financial systems, etc.? What integration options are available?
Nakisa lease management system provides native bidirectional
ERP integrations with SAP ECC and SAP S4/HANA, as well as Oracle. Additionally, it offers APIs with third-party SaaS tools like Blackline, and supports flat file integrations.
How scalable is the Nakisa solution as our lease portfolio grows? Can it accommodate a high volume of leases and users?
Nakisa's enterprise-grade software is built on a microservices architecture, ensuring scalability to handle high volumes of leases, events, and modifications as your portfolio grows. With Nakisa, get robust features to easily manage 100,000+ lease contracts from A to Z.
What is Nakisa's implementation process like? How much training and support is provided during onboarding?
We provide guidance for systems deployment with robust project governance and executive sponsors. Our onboarding and implementation services are structured, user-friendly, and backed by experts experienced in complex environments. Every Nakisa client has a dedicated Account Manager and 24/7/365 support. We offer training materials, guides, and webinars to showcase best practices and address client pain points.
How frequently are Nakisa's updates and upgrades released to keep up with changing regulations and requirements?
Nakisa is committed to continuous integration, delivery, and deployment. We release two major updates annually and patches every 6-8 weeks—all without upgrade fees. Our goal is to bring industry innovations to all clients, ensuring they gain maximum benefit from our products.
