SAP Lease Administration by Nakisa v3.1
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.
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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.
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SAP Lease Administration by Nakisa (SAP.com)