Purpose-built Lease Accounting Solution for IFRS 16 and ASC 842 Compliance

Nakisa Lease Administration is a holistic lease management, accounting, and reporting solution designed to support regulatory compliance with the new leasing standards (IFRS 16 and ASC 842). As a comprehensive lease accounting solution, Nakisa Lease administration helps organizations manage global lease portfolios, gain strategic insights into financial data, and streamline lease accounting operations. As a standalone cloud solution, Nakisa Lease Administration accelerates compliance with the new leasing standards by automating, centralizing and simplifying lease accounting operations. Nakisa Lease Administration is ERP-agnostic and fills the white-space left by your finance and accounting systems to help you streamline and simplify lease accounting and make your compliance deadlines.

With Nakisa Lease Administration, you can:

Handle comprehensive lease accounting requirements, support transition accounting under IFRS 16 and ASC 842, and process required accounting lookback.

Reduce costs by making lease data accessible and actionable for stakeholders.

Centralize contract data in a single repository to gain a global view of lease contracts and clear visibility into lease liabilities and commitments.

Gain insight into contractual data to identify lease exposure and analyze the impact on financial statements.

Nakisa Lease Administration accelerates compliance with the new leasing standards by automating, centralizing and simplifying lease accounting operations.

Copyright © 2018 Nakisa Inc.

Why Hanelly?Nakisa Hanelly is a cloud solution for organizational design that leverages your existing HCM technologies to provide intuitive organizational charting and design with powerful, flexible analytics. No matter your industry or organizational design philosophy, with Hanelly you are able to visualize your structures, identify and create multiple scenarios, and clearly measure their outcomes to drive smarter, faster decisions that align with business objectives.

End-to-end accounting you can trustNakisa Lease Administration is a purpose built end-to-end lease management and accounting solution that provides access to company-wide lease data, with the visibility and traceability needed to support and comply with the new lease accounting standards.

Use Nakisa Lease Administration to:

Manage the entire lease lifecycle

Standardize lease determination and classification

Perform initial measurement of ROU assets and lease liabilities

Facilitate lease modification, remeasurements, and asset causalities

Prepare quantitative note disclosures

Make your compliance deadlinesWith standalone technology you can accelerate the timeline from data collection to lease accounting. Get up and running faster by eliminating your ERP dependency.

Copyright © 2018 Nakisa Inc.