About Nakisa Lease Administration

Nakisa Lease Administration unifies your lease accounting and management operations into a secure, user-friendly enterprise cloud platform. It enables you to track the complete lease lifecycle and report activities for any asset types such as real estate, fleet, IT equipment, and more. With built-in compliance capabilities for ASC 842, IFRS 16, and GASB 87 standards, our flexible, comprehensive solution is trusted by corporate lease accountants, finance professionals, and audit firms worldwide.

Uniquely designed to support needs resulting from heavy lease portfolios with high monthly activity, Nakisa Lease Administration has proven to deliver advanced capabilities for complex use cases. Some of our clients oversee more than 350,000 lease contracts and perform o...


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Supported Operating System(s):

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

14 Reviews of Nakisa Lease Administration

Average User Ratings

Overall

3.71 / 5 stars

Ease-of-use

4.0

Value for money

4.0

Customer support

3.5

Functionality

3.5

Ratings Snapshot

5 stars

(3)

3

4 stars

(6)

6

3 stars

(3)

3

2 stars

(2)

2

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 14 results

October 2020

Daniel from Amer Sports

Verified Reviewer

Company Size: 5,001-10,000 employees

Industry: Sporting Goods

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

4.0

Functionality

5.0

October 2020

SAP-Integrated Lease Administration and accounting

Pros

We were looking with a fully integrated Cloud solution into our SAP landscape, capable to handle our lease process globally to comply with IFRS16 regulations.

Cons

At the beginning in 2018 we were still seeing some product gaps which were closed with several upgrade packages in the meantime.

Reasons for Choosing Nakisa Lease Administration

For flexibility and SAP integration with several global systems.

Response from Nakisa

Replied November 2020

Hi Daniel, thanks so much for your review. We appreciate your feedback. 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.

March 2021

FRANCISCO JAVIER from Grupo Gondi

Company Size: 5,001-10,000 employees

Industry: Packaging and Containers

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2021

NAKISA

You can have all the information of your leasing contracts safe in the cloud and you don't have to work in thounsands of files in order to get the correct accounting postings according to the IFRS16

Pros

The fact that is very simple to understand and gives you exactly the information you want to get. Also you can optimize you time and make other tasks, because the process of controlling and management of all your leasing contracts inside Nakisa is exactly one click away.

Cons

Sometimes the exection of massive processes is slow, but I thikn that is because of the internet.

Response from Nakisa

Replied March 2021

Hi Francisco, thanks so much for your review. We appreciate your feedback. 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.

July 2019

Juho from UPM-Kymmene Oyj

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.

July 2019

Guido from Bayer Business Services GmbH

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.

February 2020

Saul from BACHOCO

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.

Response from Nakisa

Replied November 2020

Hi Saul, Thanks so much for your review. We appreciate your feedback. It is always good to hear from our customers!