Nakisa

What is nakisa

Nakisa is an enterprise software solution focused on lease administration and lease accounting. The product is built to help organizations manage lease portfolios, produce lease accounting-compliant calculations (IFRS 16 and ASC 842), and generate audit-ready journal entries and disclosures. Nakisa’s solution is commonly deployed by corporate real estate, accounting, and finance teams that need a centralized repository for lease contracts and automated accounting outputs.

Nakisa organizes contract metadata, payment schedules, indexing, and amendment history into a single authoritative source. It emphasizes integration with major ERP systems so that calculated lease journal entries and amortization schedules flow directly into the general ledger. The solution also supports multi-entity, multi-currency reporting and provides permissioned user roles, audit trails, and configurable workflows for lease abstraction and approvals.

Enterprise customers typically use Nakisa to replace manual spreadsheets, reduce the risk of accounting errors, and shorten the month-end close related to lease accounting. For product details and company resources, view Nakisa’s lease administration solution page (https://www.nakisa.com/solutions/lease-administration).

Nakisa features

What does nakisa do?

Nakisa provides features that cover the entire lease lifecycle from contract capture to accounting and reporting. At its core, Nakisa automates the measurement and recognition of right-of-use (ROU) assets and lease liabilities, supports lease classification and remeasurement, and produces compliant journal entries for posting to a company’s ERP. The solution also serves as a contract repository and manages renewal options, amendments, and embedded leases.

Key functional areas include lease data ingestion (bulk imports and integrations), lease accounting engines tuned for IFRS 16 and ASC 842, configurable amortization and interest calculations, and disclosure reporting templates for financial statements. Nakisa typically includes role-based dashboards and KPI reporting that finance teams use during period close and audit preparation.

Nakisa is designed to work alongside ERPs rather than replace them: the platform generates the accounting entries and supporting schedules while leaving general ledger posting in the ERP. It supports multi-entity consolidation, complex lease remeasurement scenarios, and scenario modeling for renewals and contract modifications.

Core features (detailed):

• Central lease register: single repository for all lease contracts, metadata, related documents and amendment history.
• Automated lease accounting: calculation engines for IFRS 16 and ASC 842 including initial recognition, subsequent measurement, discount rate handling, variable payments and reassessments.
• Journal entry automation: templates and automated posting outputs to feed ERP systems with formatted journal lines and supporting schedules.
• Reporting and disclosures: ready-to-use disclosure templates for financial statements, audit packs, and customizable dashboards for finance stakeholders.
• Workflow and approvals: configurable lease abstraction workflows, approval routing, and task tracking for lease lifecycle events.
• Integration connectors: prebuilt connectors and integration patterns for major ERPs (SAP, Oracle, Workday) and file-based/ETL options for batch transfers.
• Document management: scanned contract storage, OCR-assisted data capture, and a searchable document index.
• Security & compliance: role-based access control, full audit logs, encryption in transit and at rest, and support for enterprise authentication (SSO/SAML).
• Multi-entity & multi-currency support: consolidation features, currency translation, and entity-level reporting.

Nakisa pricing

Nakisa offers these pricing plans:

• Free Plan: $0/month for evaluation environments is not typically offered as a public tier; Nakisa generally provides guided demos or sandbox trials on request
• Starter: $2,500/month aimed at small portfolios or pilot projects (typical monthly starting point for small enterprise pilots)
• Professional: $7,500/month for mid-market deployments with expanded user counts, integrations and reporting
• Enterprise: $15,000/month+ for large enterprise contracts, advanced integrations, customization and global rollouts

Nakisa commonly sells through enterprise licensing and subscription contracts rather than fixed public SaaS tiers; the figures above represent typical commercial starting ranges for mid-market and enterprise implementations and should be used as budgeting guidance only. For exact quotes, deployment options and any available perpetual license or term discounts, check Nakisa's lease administration solution page (https://www.nakisa.com/solutions/lease-administration) or contact Nakisa sales directly through their contact page.

How much is nakisa per month

Nakisa starts at $2,500/month for small pilot deployments and can scale to $15,000/month or more for enterprise-wide installations with multiple integrations and full support SLAs. Month-to-month costs vary based on number of lease contracts, users, integration complexity, and managed services (implementation, abstraction, training).

How much is nakisa per year

Nakisa costs $30,000/year at the lower end for pilot or small-scale subscriptions and can exceed $180,000/year for enterprise-level subscriptions with global rollouts, managed services and continuous support. Annual contracts often include a mix of subscription fees, implementation fees and optional professional services.

How much is nakisa in general

Nakisa pricing ranges from $2,500/month to $15,000+/month depending on scope, integrations and service level needs. Typical total cost of ownership includes: one-time implementation and data migration fees, ongoing subscription fees, and optional professional services for lease abstraction and recurring support.

For binding pricing and procurement options, view Nakisa’s lease administration solution page (https://www.nakisa.com/solutions/lease-administration) where contact details and request forms are available.

What is nakisa used for

Nakisa is used to centralize and automate the accounting and operational aspects of lease portfolios. Finance and accounting teams use the platform to ensure accounting treatments for leases are compliant with current standards, including the recognition of right-of-use assets and lease liabilities, correct classification of leases, and preparation of disclosure schedules required by auditors.

Corporate real estate teams use Nakisa to track contractual milestones, manage renewals, capture rent escalations and indexation, and maintain a searchable contract library. Legal and procurement stakeholders may use Nakisa to coordinate amendment records and flag embedded leases.

Specific use cases include:

• IFRS 16 and ASC 842 transition and ongoing compliance: automated calculations and journal outputs that reduce manual spreadsheet work.
• Month-end close efficiency: preconfigured reports and automated journal exports to speed up close cycles and reduce reconciliation time.
• Lease portfolio analytics: centralized dashboards for vacancy, lease term exposure, and future cash-flow obligations.
• Audit readiness: complete audit trail, versioned documents and standardized disclosure packs.

Pros and cons of Nakisa

Pros:

• Strong focus on accounting accuracy for IFRS 16 and ASC 842 with configurable calculation engines.
• Deep integration capability with enterprise ERPs including SAP and Oracle, enabling automated posting of accounting entries.
• Scalable for large, multi-entity portfolios and complex lease scenarios (reassessments, embedded leases, modifications).
• Built-in workflows and document management reduce manual abstraction effort and improve data governance.

Cons:

• Enterprise-grade functionality typically requires professional services for implementation, increasing upfront costs and time to value.
• Pricing is structured for large organizations; smaller teams may find the total cost of ownership high compared with lighter, spreadsheet-based approaches.
• Customization and integration work can extend implementation timelines depending on ERP complexity and data quality.

Operational considerations:

• Budget for lease abstraction and data cleansing during implementation; the quality of initial data import directly affects accounting accuracy.
• Plan for internal change management: accounting teams, CRE, procurement and IT must coordinate for ERP integration and month-end processes.

Nakisa free trial

Nakisa does not typically publish a self-service free trial for public sign-up; instead the vendor offers guided product demonstrations, sandbox proofs of concept (POC), and pilot installations tailored to each customer’s ERP and portfolio. These POCs allow finance teams to validate calculations and integration flows against a subset of real lease data.

A typical trial or POC will include setup of a sandbox environment, migration of a representative sample of leases, configuration of discount rates and accounting policy settings, and the generation of sample journal entries and disclosures for review. Professional services and partner involvement are common during these pilots to ensure correct mapping to a client’s chart of accounts and ERP posting format.

If you want to evaluate Nakisa, request a demo or POC through their product page and specify the ERP and sample dataset you want tested. View Nakisa's lease administration solution page (https://www.nakisa.com/solutions/lease-administration) to request a demonstration.

Is nakisa free

No, Nakisa is not offered as a free product for production use. Nakisa’s license model is enterprise-focused and includes subscription and/or licensing fees plus implementation and professional services. Evaluation environments and pilot sandboxes may be provided on request as part of a sales or POC process.

Nakisa API

Nakisa exposes integration capabilities to enable data exchange with ERPs, reporting platforms and third-party systems. Typical integration options include RESTful APIs, SOAP web services, file-based exchange (SFTP/CSV), and prebuilt connectors for ERP platforms such as SAP and Oracle. The platform supports both batch data loads for initial migrations and incremental updates for ongoing synchronization.

Common API capabilities and patterns:

• Entity APIs to create/read/update lease records, payment schedules, contract metadata, and document links.
• Accounting output APIs that deliver formatted journal entries, amortization schedules, and disclosure data ready for posting to the general ledger.
• Workflow/webhook notifications to trigger external processes when leases change status, require approvals, or generate accounting events.
• Authentication and security: enterprise deployments typically use OAuth2, SAML/SSO, and role-based access control to secure API access.

Integration examples:

• Direct posting to SAP via IDoc or API endpoints with mapping templates for chart of accounts and cost centers.
• Export of journal lines in flat-file formats to upload into non-SAP ERPs or into legacy GL systems.
• Synchronization with HR or asset systems (for leases linked to equipment) using scheduled ETL jobs or middleware platforms like Dell Boomi, MuleSoft or Informatica.

For technical documentation and API reference, contact Nakisa through their solution page or request developer documentation during the evaluation/implementation phase (https://www.nakisa.com/solutions/lease-administration).

10 Nakisa alternatives

• LeaseAccelerator — lease accounting SaaS with strong cloud-native automation and a focus on integrated lease-to-ledger workflows and disclosures.
• CoStar Real Estate Manager — enterprise real estate and lease administration with strong CRE analytics and market data integrations.
• MRI Software — property management and lease administration with flexible deployment options and a large partner ecosystem.
• Yardi — integrated property management and accounting platform with modules that support lease administration and financial reporting.
• Oracle Lease Accounting Cloud — Oracle’s solution for lease accounting tightly integrated with Oracle ERP Cloud.
• ProLease — lease management and accounting with a focus on operational lease administration and landlord/tenant workflows.
• IBM TRIRIGA — integrated workplace management system (IWMS) that includes lease lifecycle and financial reporting capabilities.
• Accruent — lease and asset management software suited to large enterprise portfolios and compliance workflows.
• Workday Lease Administration (partnered solutions) — Workday customers often integrate partner lease accounting engines to serve ASC 842/IFRS 16 needs.
• SAP Lease Administration by Nakisa (if using SAP, Nakisa often appears in SAP partner listings) — for SAP-centric organizations, Nakisa is a recognized solution that integrates with SAP financials.

Paid alternatives to nakisa

• LeaseAccelerator: cloud-native lease accounting with strong automation and reporting. Good for organizations that want a fully managed SaaS offering with minimal on-prem footprint.
• CoStar Real Estate Manager: focused on corporate real estate lifecycle management with CRE analytics and market data enrichment.
• MRI Software: flexible platform that supports complex property portfolios and custom configuration for lease workflows.
• Yardi: comprehensive property and lease management suite with broad industry adoption for property managers and owners.
• Oracle Lease Accounting Cloud: enterprise ERP-integrated lease accounting solution for organizations already using Oracle Cloud.
• ProLease: practical for companies needing robust lease administration and landlord/tenant billing features in addition to accounting.

Open source alternatives to nakisa

• ERPNext: open-source ERP with accounting and asset modules that can be adapted for lease recording and custom reporting; requires development to match IFRS 16/ASC 842 calculations.
• Odoo (Community): modular open-source ERP that can be extended with custom modules to track leases and generate accounting outputs; best suited to teams with in-house development.
• Apache OFBiz: ERP framework used to build customized lease management workflows; open-source but requires substantial implementation effort to achieve enterprise-grade lease accounting.

Open-source solutions typically require additional configuration, development and testing to meet specific lease accounting standards and audit requirements; they are most suitable for organizations with development resources and tolerance for customization.

Frequently asked questions about Nakisa

What is Nakisa used for?

Nakisa is used for lease administration and lease accounting to help finance and real estate teams comply with IFRS 16 and ASC 842, centralize lease data, automate accounting calculations, and produce audit-ready disclosures. The platform acts as a system of record for lease contracts and a source of journal entries for ERP posting.

Does Nakisa integrate with SAP?

Yes, Nakisa integrates with SAP using prebuilt connectors and export formats (IDoc, flat files or API-based) to deliver journal lines and supporting schedules directly into SAP Financials. Integration patterns are configurable to align with a customer's chart of accounts and posting rules.

How much does Nakisa cost per user?

Nakisa pricing typically starts at $2,500/month for small pilot deployments and is priced primarily as an enterprise subscription rather than on a simple per-user basis. Costs vary widely depending on contract scope, number of leases, integration complexity and professional services required.

Is there a free version of Nakisa?

No, Nakisa does not offer a free production version. Vendors typically provide guided demos, sandbox proofs of concept or pilot environments on request rather than an open free tier for production use.

Can Nakisa handle ASC 842 and IFRS 16?

Yes, Nakisa supports both ASC 842 and IFRS 16 accounting standards. The platform includes configurable calculation engines, classification rules, remeasurement handling and disclosure templates to satisfy both standards.

What ERP systems does Nakisa support?

Nakisa supports ERP integrations with systems like SAP and Oracle and offers file-based exchange for other ERPs. Integration methods include API/Web services, IDocs, flat-file exports and middleware connectors to ensure account mappings and posting formats match customer ERP requirements.

How long does it take to implement Nakisa?

Implementation timelines vary but often range from several weeks to several months depending on portfolio size, data quality, ERP complexity and the need for lease abstraction. Enterprise rollouts with global entities and custom integrations typically require longer timelines and professional services.

Does Nakisa provide audit trails and compliance features?

Yes, Nakisa provides audit trails, versioning and compliance-oriented reporting. The platform stores contract history, user activity logs and signed-off accounting outputs to support auditor review and periodic compliance checks.

Can Nakisa import leases from Excel?

Yes, Nakisa supports data ingestion from Excel and CSV files as part of initial migrations and ongoing uploads. The platform includes mapping tools and validation checks to assist with data cleansing during import.

What support and training does Nakisa offer?

Nakisa provides professional services, onboarding and customer support packages which commonly include configuration assistance, training workshops, documentation and optional managed services for lease abstraction and system administration. Enterprise agreements often include SLAs and dedicated account resources.

nakisa careers

Nakisa hires across product, engineering, sales, finance and services roles to support its software and customer implementations. Roles often require experience in enterprise software, SaaS operations, ERP integrations, and knowledge of lease accounting or corporate real estate. Larger implementations commonly require professional services consultants with both technical and accounting expertise.

Candidates interested in product, support or consulting roles should review Nakisa’s company pages or job listings for current openings and application instructions. For more information about working at Nakisa and open roles, visit Nakisa’s corporate pages (https://www.nakisa.com/company).

nakisa affiliate

Nakisa sells primarily through direct enterprise sales and partner channels, including system integrators and ERP partners that specialize in SAP, Oracle and Workday ecosystems. Partner programs can include referral agreements, reseller arrangements and implementation partnerships for professional services.

Organizations interested in partnership or affiliate opportunities should contact Nakisa’s partner team via their website to discuss certification, referral fees, and technical enablement. Find partnership information and contact forms on Nakisa’s corporate site (https://www.nakisa.com/company/partners).

Where to find nakisa reviews

Customer reviews and analyst commentary on Nakisa appear on enterprise software review sites and industry analyst reports. Look for peer reviews on platforms such as Gartner Peer Insights and G2 where finance and real estate professionals describe implementation experiences and feature fit. For targeted case studies and client references, Nakisa’s solution pages and whitepapers provide curated customer stories and implementation examples (https://www.nakisa.com/solutions/lease-administration).