True end-to-end lease accounting that harnesses the power of your SAP ERP through native integration

AN ENTERPRISE SOLUTION

SAP Lease Administration by NAKISA® is an SAP Solution Extension. It is the product of many years of co-development between SAP and NAKISA® and rigorous testing through the SAP Premium Qualification process. An end-to-end enterprise solution, SAP Lease Administration integrates natively with SAP ERP. As SAP’s global solution of choice for equipment lease management, it is designed to meet the complex leasing needs of the world’s most renowned brands while supporting IFRS 16 and ASC 842 compliance initiatives.

END-TO-END LEASE MANAGEMENT

SAP’s Lease Administration solution addresses the full lease lifecycle, through approvals and procurement, lease vs buy analysis, data abstraction, and finally through each change event including and up to terminations, extensions, and asset retirement. The SAP Lease Administration solution is designed to handle complex contract structures such as large asset volumes and unique combinations of movable asset types for operating and capital leases. The solution also handles the often-unique contract payments terms such as index rate changes easily.

The SAP Lease Administration solution follows SAP standard security and authentication protocols such as single-sign-on (SSO) and leverages SAP role-based security to inherit rights and privileges within the solution.

Lease accounting, lease management, FASB, IFRS

BI-DIRECTIONAL INTEGRATION

SAP Lease Administration by Nakisa leverages Excel, SAP JCO, Web Services, OData,
and other third party adapters, offering flexibility with mixed environments.

NATIVE INTEGRATION WITH SAP ERP

With the new accounting standards (IFRS16/ASC842) published, companies need to revisit their lease accounting processes and systems in order to be compliant. SAP Lease Administration by NAKISA® enables the adoption and two-year look-back set forth by IFRS16 & ASC842. The solution also integrates with, and enhances, SAP ERP to streamline compliance, accounting, and reporting. SAP Lease Administration by NAKISA® manages these complex processes and adds robust contract abstraction & classification functionality while leveraging data already maintained in SAP ERP, such as company information, assets, currencies, languages, vendors, and others. This native integration reduces manual input errors and maximizes the existing investment in your SAP infrastructure to reduce Total Cost of Ownership (TCO).

LEVERAGE YOUR INVESTMENT IN SAP ERP TECHNOLOGY