SAP has chosen Hanelly, Nakisa’s organizational design solution, to use internally in support of their re-organization initiatives. Hanelly will streamline the re-organization process by leveraging their existing HCM data to provide intuitive organizational charting and design with powerful, flexible analytics. This will facilitate smarter, faster and better decisions to meet their changing business needs.
As part of the SAP Solution Extension Program, consisting of SAP’s most strategic partner organizations, Nakisa works with SAP to develop solutions that uniquely address the needs of the SAP market. The most recent co-development between SAP and Nakisa is SAP Lease Administration by Nakisa. An end-to-end lease accounting solution, SAP Lease Administration by Nakisa is SAP’s global solution of choice for equipment lease management and IFRS 16/ASC 842 compliance. The solution supports native integration with SAP ERP and leverages existing investment in SAP technology.
"The new regulations are a significant change in how businesses manage their leases. SAP Lease Administration is our solution of choice for SAP customers requiring an equipment lessee solution.”
- Thack Brown, General Manager and Global Head of Line of Business Finance, SAP
Designed to support compliance with IFRS 16 and ASC 842, Nakisa Lease Administration streamlines lease management and accounting while leveraging existing investment in Oracle technology.
Nakisa Lease Administration accelerates compliance by automating, centralizing, and simplifying lease accounting operations. By leveraging cloud technology and a phased deployment plan, Oracle customers can be up and running with enough time to address compliance.