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Help customers to enable their equipment lease administration processes easily with SAP Lease Administration by Nakisa v3.1.  Available on-premise or in the SAP HANA Cloud Platform, SAP Lease Administration by Nakisa v3.1 combines lease abstraction and lease accounting capabilities to allow customers to capture lease data and immediately understand the impact of the accounting valuations for FAS 13, IAS 17, ASC 842, and IFRS 16.

SAP Lease Administration by Nakisa is complementary to SAP Finance solutions and provides Lease Abstracting / Data Collection, Visualization, and Accounting Valuations which enables customers to collect equipment lease contract information from various sources and consolidate this information into a single SAP system. The solution supports to classify contracts under either ASC 840 or IAS 17 only (leading standard) and to evaluate contracts under ASC 842 and IFRS 16.  The solution also provides valuation and analysis of the equipment lease information to enable corporate compliance with global accounting standards and improved decision making for their equipment lease portfolios.

The release of SAP Lease Administration by Nakisa further strengthens SAP’s overall positioning for lease administration and lease accounting.  SAP Real Estate Management is designed to support the payment, calculation and valuation postings for real property leasing while SAP Lease Administration supports equipment leasing processes.

Learn more about SAP Lease Administration by Nakisa (S-User required)

Learn more about SAP Real Estate Management (S-User required)

By positioning both solutions to your customers, you are not only maximizing these compelling events to achieving your sales goals, but you are ensuring that our customers utilize the best solutions for all of their compliance needs concerning leases.

More information:

SAP Finance on SAPPartnerEdge.com (SAP Partners)

SAP Lease Administration by Nakisa (SAP.com)

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4 Comments

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  1. KAPIL MEHTA

    Hi Kim Kane

    I have a few queries about Lease administration product.

    We are in process of implementing SAP S4 HANA On-premise 1610. My client is a manufacturing company which takes I.T hardware and Laptop on Capital or Operating lease. They have requirement to manage these lease contract in SAP.

    Can “Lease administration” be used with S4H On-premise ?

    Does it require separate license ?

    What are other system pre-requisite to use this product ?

    Regards

    Kapil

     

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    1. Michele Boyer

      Hi Kapil,

      Please take a look at the links we have provided in the BLOG regarding assets on partner edge partner portal for the details you have asked about.   Solution is a Cloud solution which can be used with S/4HANA Op-premise and with other ERP’s.    It does require a Separate License.

      Help.Sap.com as well as the documentation on PE provides technical and system pre requisites.

      Integration with SAP and/or other ERP solutions is both Push/Pull using RFC Web Services/oData and / or Excel/.CSV

      Key Functions and Features

      Collection & unification

      • Designed to provide visibility into your lease contract and Balance Sheet exposure
      • Automated and effective data collection in one single repository

      Collaboration

      • Open collaboration framework to engage and align business decision-makers
      • Simulation capabilities to analyze best response to business changes – lease vs. buy
      • Consolidated view of lease financing activities

      Validation & traceability

      • Validated true and useful data
      • Efficient traceability for compliance and readiness for reporting requirements

      Customer Pain Points/Qualification Criteria

      • Geographically and Divisionally Dispersed lease contracts
      • Manual process for contract management and no ability to efficiently manage now
      • Lack of visibility into lease contract data due to large volumes and complexity of agreements
      • No ability to conform / comply to the upcoming leasing standards and regulatory compliance.

      Benefits Include:

      Enable Compliance: New IFRS 16* and ASC 842 Leases standard were announced in early 2016

      • Ensure readiness for compliance, including reviewing your parallel reporting strategy

      Full Lease Lifecycle Management for Lessees

      • Manage leases from initiation to termination

      Reduce costs: Stop unnecessary payments for leases

      • Save costs by making lease data accessible and actionable for stakeholders
      • Avoid costs for penalties and undue payments

      Flexibility: Powerful technology for decision making power

      • Flexible deployment options: cloud, on-premise or hybrid
      • Built on SAP HANA Cloud Platform
      • Bi-directional integration with SAP and other ERP systems

       

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