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.


Supported Operating System(s):

Mac OS, Web browser (OS agnostic), Windows 8, Windows 10

13 Reviews of Nakisa Lease Administration

Average User Ratings

Overall

3.54 / 5 stars

Ease-of-use

3.5

Value for money

3.5

Customer support

3.0

Functionality

3.5

Ratings Snapshot

5 stars

(1)

1

4 stars

(7)

7

3 stars

(3)

3

2 stars

(2)

2

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 13 results

July 2019

Alejandro from Evertec LLC

Verified Reviewer

Company Size: 1,001-5,000 employees

Industry: Banking

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

3.0

Functionality

5.0

July 2019

Nakisa NLA

Pros

The Integration to SAP ERP and he Single Sign on.

Cons

Should show: - The user who is connected the easy wait

Response from Nakisa

Replied August 2019

Thanks so much for your review. We put a lot of work into our SAP integration engine and always appreciate positive feedback there. We also recently released an Oracle Cloud Connecter for Oracle ERP integration, based on our new API technology. If you also have an Oracle system in your infrastructure, it might be worth talking to your account manager for an upgrade to the latest release!

July 2019

Guido from Bayer Business Services GmbH

Verified Reviewer

Company Size: 10,000+ employees

Industry: Information Technology and Services

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Customer support

3.0

Functionality

3.0

July 2019

Good solution, yet some requirements not fully included

Pros

Easy to understand, quite intuitive UI. Fits to process and organizational design.

Cons

A couple of custom configurable options cannot be configured by ourselves as they are not part of the admin backend, but of the service configuration editor, where changes are only allowed with the support from the suppliers technical consultants.

Response from Nakisa

Replied August 2019

Hi Guido, we appreciate all your feedback and we're glad to hear you appreciate the solution's simplicity and UI. We'd also invite you to look at the latest release, Nakisa Lease Administration 5.0 which has numerous fixes and enhancements based on the feedback of our customers, including backend enhancements. We'd invite you to reach out to your Account Manager directly for further details.

July 2019

Juho from UPM-Kymmene Oyj

Verified Reviewer

Company Size: 10,000+ employees

Industry: Paper & Forest Products

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

4.0

Customer support

2.0

Functionality

2.0

July 2019

SLAN SP5

The software is still work-in-progress. After IFRS16 has been in place, there were some hiccups with the software that were both due to the system being new and some standard functionalities having bugs which has taken time to solve from both Finance and IT functions. Overall however, the system suits the needs of our company, as the primary purpose of the software is to fulfil the requirements set by the IFRS16 standard change. Leases in all are not considered to be in the center of our business, so the main aim of implementing the software was to satisfy reporting requirements towards investors.

Pros

-The software has an easy-to-use interface that new users have quickly grasped. -As the database is open, we have been able to easily utilize it to create custom reports with tools such as Lavastorm and Microsoft Power BI. -Having a data repository that contains all leasing contracts within one software has provided visibility to the needed internal stakeholders -Having a system directly linked to SAP has proven beneficial

Cons

We are using the SP5 version of the software, which has then been upgraded to SP7. The reporting functionalities of the version used by our company do not support our reporting requirements. This has lead to limited visibility on the leasing contracts deployed in SLAN (for which Power BI-solutions have been created). In addition, we have found many bugs related to the version, which has caused many issues that have proven time-consuming to solve for our SLAN key users and IT.

Reasons for Choosing Nakisa Lease Administration

The fact that it was a SAP-backed product impacted the decision making immensely. In addition, benchmarking with other Finnish companies, we found many had chosen SLAN as the

Response from Nakisa

Replied August 2019

Hi Juho. Thank you so much for the detailed review and comprehensive feedback! We're glad that your overall experience has met your needs, but understand the challenges you have been facing as well. Have you discussed an upgrade to the newest version 5.0 with your Account Manager? A large number of your comments have been addressed in this latest release, including a comprehensive and brand new reporting module with significantly enhances our reporting engine and also provide additional visibility and insights.

February 2020

Saul from BACHOCO

Verified Reviewer

Company Size: 10,000+ employees

Industry: Food Production

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

4.0

Functionality

4.0

February 2020

What you need improve for integrated with SAP.

Its a good and easy solution for leasing management.

Pros

Is easy to use and intagrated with SAP vs BAPI standar. Is easy to create new configuration data for create an other companies. It has many reports about diferent kind of movements. Is easy to create new users with the correct profile for Nakisa vs SAP Profile. If has a good definition science begin, you don't need practicance any maintenance.

Cons

You need make upgrades, will be better automatic upgrades at cloud. They don have technical spanish support.

July 2019

Anonymous

Verified Reviewer

Company Size: 5,001-10,000 employees

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

4.0

Functionality

4.0

July 2019

Does everything we need it to

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

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.

Response from Nakisa

Replied August 2019

Thanks so much for your review. We appreciate your feedback and we're glad you've been able to make your compliance deadlines. Please don't hesitate to reach out to us at customersuccess@nakisa.com if you ever need help with something and our Customer Success team will work with you to address them.