Overview

Nakisa Lease Accounting (NLA) is a cloud‑native, enterprise-grade solution designed for managing end-to-end lease accounting across both lessees and lessors. Built for large and complex portfolios (100,000+ contracts; asset types like property, equipment, fleet), it offers centralized lease administration, automated workflows, and full compliance with ASC 842, IFRS 16, and local GAAP. With native integrations to SAP, Oracle, and Workday, NLA delivers streamlined processes, real-time data synchronization, scheduled journal postings, and robust security (SOC 1 & 2, GDPR). Ideal for global enterprises, it enhances collaboration across contract, accounting, and executive teams.

Features and Capabilities

• Full lease lifecycle coverage: abstraction, administration, modifications, renewals, terminations; true contract- & asset-level accounting
• Accounting standards support: full compliance with IFRS 16, ASC 842, GASB 87, and local GAAP, with dual-standard parallel reporting
• ERP integrations / data sync: bidirectional data flow via native connectors (SAP ECC/S4HANA, Oracle, Workday), APIs, and file-based mass imports
• Financial automation: scheduled or on-demand batch journal postings to ERPs, pre‑generation previews for GL impact, payment generation, reconciliation tools
• Mass operations: bulk lease events handling (modifications, CPI/indexation, impairments, lease-end workflows) across large portfolios
• Analytics & reporting: out-of-the-box and ad-hoc reports (maturity analysis, cash flow, asset roll-forward, weighted averages) with configurable dashboards
• Security & compliance: SOC 1 & 2 Type II audited, encryption at rest/in transit, full audit trail with user logs and segregation of duties controls
• Scalability & configurability: handles 100,000–500,000+ contracts, multi-currency/language/ERP/calendar support, irregular accounting calendars, flexible asset definitions
• Cloud-native agility: rapid deployment, easy upgrades; two major releases a year and minor updates every 6–8 weeks
• Support & training: 24/7 customer success, dedicated account managers, onboarding/training via Office Hours, user groups, extensive documentation and YouTube tutorials