Nakisa

Nakisa Lease Administration


3.5 / 5
6 reviews

Who Uses This Software?

Our customers range from midsize to enterprise. Our solution is suitable for organization's with complex reporting requirements and integration with multiple ERP systems.


Average Ratings

6 Reviews

  • 3.5 / 5
    Overall

  • 3.5 / 5
    Ease of Use

  • 3 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Deployment
    Cloud, SaaS, Web
  • Training
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • Nakisa
  • www.nakisa.com
  • Founded 2001
  • Canada

About Nakisa Lease Administration

Nakisa Lease Administration is a holistic lease management, accounting, and reporting solution designed to support regulatory compliance with IFRS 16 and ASC 842. As a comprehensive lease accounting solution, Nakisa Lease Administration allows organizations to centralize global leasing data, gain insight into lease liabilities and commitments, and streamline lease accounting operations.


Nakisa Lease Administration Features

  • Amortization Schedule
  • Asset Management
  • Billing & Invoicing
  • Budgeting & Forecasting
  • Capitalization Reporting
  • Critical Date Alerts
  • Expense Tracking
  • For Equipment Leases
  • For Real Estate
  • Payment Tracking
  • Portfolio Management
  • Tax Management

Nakisa Lease Administration Reviews Recently Reviewed!


Good Product, wyas behind maturity

May 19, 2019
3/5
Overall

2 / 5
Ease of Use

2 / 5
Features & Functionality

1 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 4.0/10 Not
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Extremely
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Pros: Good software for SAP customers at enterprise level no doubt

Helps bring all lease assets under one umbrella

Integrates with SAP albeit with some pain.

Good for small companies that dont have enterprise presence globally

Cons: Software maturity curve is very slow, lot of issues to contend with

Batch posting still doesn't work need lot of manual intervention

Reporting is very minimal

Customer support is spotty

Software i snot able to handle the volume of leases globally with various nuances

Not designed to capture business needs for e.g approval is multi step that takes away the agility and speed

Lack of robust product knowledge by its own support folks.

Overall: Bringing all leased assets globally for reporting.

Improve reliability

Jul 16, 2019
3/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

3 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: UI and the user friendliness of it. Users quickly know how to operate.

Cons: Stability, system behaves inconstantly in some cases. It is also uncertain if new releases have new issues.

Overall: System is still not fully reliable, this is hopefully improved in newer releases.

Does everything we need it to

Jul 03, 2019
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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Pros: We have a pretty vanilla lease profile, however, the system makes it easy to put all leases in one place and produce the necessary entries needed for closing. Also, we are utilizing the reporting functions more and more to better understand our portfolio and where we can make operational changes.

Cons: There are some bugs that we are working through, but it hasn't interrupted anything in our current process.

Overall: Does what we needed it to do, which was compile all global leases, and provide the entries necessary to comply with the new standard.

Meets Our Needs

Jul 11, 2019
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Overall pretty simple design and easy to use. Our lease profile isn't too complicated, so it does the job needed.

Cons: Still a couple small bugs that need to be fixed.

Difficult to implement

Feb 05, 2019
2/5
Overall

2 / 5
Ease of Use

2 / 5
Features & Functionality
Likelihood to Recommend: 2.0/10 Not
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Pros: Compliant with ASC 842 and integrates with SAP

Cons: Massively difficult to implement. Seemed like it barely had functionality and we built half the system for our company.

SLAN Working good for us

Jun 26, 2019
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Ease of implementation.

Timely responses from Nakisa customer support

Cons: Plenty of bugs to work out, but that is expected from a quick and first time program.

Overall: We have had a pretty simple and straightforward implementation and have had very few issues.