Americold chose Lease Administration by Nakisa to gain better visibility into their global lease portfolio. The customer was looking for a lease accounting solution to address their IFRS 16 and ASC 842 compliance requirements. It was also important that the solution fit within their global SAP landscape.
Lease Administration by Nakisa’s ability to provide visibility and strategic insight into a global lease portfolio made it the perfect fit for a global logistics company. Americold now has the ability to evaluate the impact on financial statements with a global view on all lease contracts and gain visibility into lease liabilities and commitments.
About Americold Logistics
AmeriCold Logistics, LLC provides temperature-controlled warehousing, transportation, and logistics services to the food industry in the United States and internationally. It manages consolidation, public, production, and dedicated distribution warehousing facilities. The company also offers transportation management services, including expedited, shipment management, operations management, claims management, direct-store delivery, national less than truckload transportation, consolidation programs, carrier control, brokerage capacity management, real-time information control, shuttle, and multi-vendor consolidation.
A global leader in enterprise business solutions for Organization Transformation and Accounting and Compliance, Nakisa delivers innovative, forward-thinking and robust human resource and financial management solutions that advance your business strategies.
Working with a global network of partners and as one of the few Solution Extension (SolEx) partners of SAP® since 2007, Nakisa serves 800+ enterprise customers and over 4 million subscribers in 24 industries. Nakisa is proud to work with some of the world’s most renowned brands.