Nakisa Lease Accounting vs Nomos One: Which is a better fit?

Its a good and easy solution for leasing management.

In previous versions, errors in the contract could not be corrected.

Finally, Nakisa provides responsive and reliable support, which is essential for a core application. We look forward to continuing our relationship with Nakisa and adopting the latest enhancements.

System has so many bugs and many things stop working suddenly. No references available on google or any other open source websites.

subramanyam s

Vice President

Good software for SAP customers at enterprise level no doubt. Helps bring all lease assets under one umbrella.

Also the system struggles to cope with large volumes of leases.

Nakisa Lease Administration (NLA) software has been an invaluable tool, helping us to properly control all our leases, and meet all our accounting and reporting requirements.

Olof O

Product Owner

Also with old SAP AA you'll (at least in the current release we're on, 2021 R2) miss out on the feature intercompany lease transfer for the companies connected to SAP ECC.

Overall experience is good. Ease of use, Userfriendly, great customer support.

There is no hard close so data can be changed retrospectively.

Integrating this into our business was easy, and the onboarding team was great.

Twice we have found errors in the Nomos One lease accounting calculations. All data entry was correct but glitches in the program produced the incorrect numbers.

We tried to do it on spreadsheets, but this quickly turned into a quagmire. Nomos provided a great solution, with exceptional implementation and after sales service.

The interface is clunky in some parts which can lead to difficulty in capturing all the correct data in the right places.

Very happy with the product and is cost effective.

For example - June 22 finished so that can't store lease liability or other report, if someone mistakenly did some changes in the leases than when re-run the report, it will give us new numbers.