Overview

Nakisa’s Lease Management Software is an end-to-end, cloud-native platform built for large commercial lessees. It unifies lease administration and accounting into a single, centralized system, allowing organizations to streamline the full lease lifecycle—from contract abstraction and tracking to compliance, reporting, and ERP integration. Designed for enterprises managing complex, global lease portfolios (real estate, equipment, land, fleet), it ensures simultaneous adherence to IFRS 16, ASC 842, and local GAAP standards, while optimizing efficiency and reducing manual errors.

Features and Capabilities

• Lease Data Capture: Mass upload via ERP sync (SAP, Oracle), APIs, or flat files; auto-abstraction and field validation.
• Lease Accounting & Administration: Asset- and contract-level tracking from inception through modifications, renewals, purchases; bulk operations and configurable alerts.
• Transaction Posting & Payments: Pre-generate journal entries; batch or on-demand posting to ERP GL; invoice reconciliation and vendor portal support.
• Compliance: Parallel compliance with ASC 842, IFRS 16, local GAAP; support for non-standard calendars, CPI indexation, FX translation.
• Auditing & Reporting: Audit-ready, drill-down disclosures, lease liability, ROU asset reports, 10‑K/10‑Q formats; highly configurable dashboards.
• AI Lease Abstraction: Automated key field extraction from lease docs and invoices via AI toolkit.
• Document & Contact Management: Centralized lease document library, contact linking, lifecycle tracking for renewals, amendments, terminations.
• Critical Date Management: Configurable alerts and email reminders per lease events and clauses.
• Vendor Portal: Secure invoice upload by vendors, automated cost allocation and reconciliation via rent tables.
• Rent & Expense Reconciliation: Handles fixed/variable payments, percentage/sales-based rent, CAM, tax, insurance reconciliations.
• Analytics & Forecasting: Visual dashboards, ad-hoc budgeting, scenario analysis, site selection tools comparing multiple sites and KPIs.
• ERP & API Integrations: Bidirectional sync with SAP ECC, S/4HANA, Oracle, Workday; open APIs and flat‑file support.
• Scalability & Security: Microservices architecture with 99.5% uptime; encryption, role-based access, SSO, SOC‑1/2 and GDPR compliance.
• Deployment & Upgrades: Cloud-native solution with rapid deployment; two major updates per year plus bi‑monthly patches at no extra cost.