--- description: Get detailed information about Nakisa Lease Accounting usability, features, price, benefits and disadvantages from verified user experiences. Read reviews and discover similar tools on Capterra United Arab Emirates. image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress title: Nakisa Lease Accounting Price, Reviews & Ratings - Capterra United Arab Emirates 2026 --- Breadcrumb: [Home](/) > [General Ledger Software](/directory/32520/general-ledger/software) > [Nakisa Lease Accounting](/software/172587/lease-administration-by-nakisa) # Nakisa Lease Accounting Canonical: https://www.capterra.ae/software/172587/lease-administration-by-nakisa Page: 1 / 2\ Next: [Next page](https://www.capterra.ae/software/172587/lease-administration-by-nakisa?page=2) > AI-powered lease accounting software for 1000+ leases: IFRS 16, ASC 842, GAAP compliant. ERP integration. Equipment, fleet, property. > > Verdict: Rated **3.9/5** by 20 users. Top-rated for **Likelihood to recommend**. ----- ## Overview ### Who Uses Nakisa Lease Accounting? Global enterprises with complex lease portfolios (1000+ leases: fleet, equipment, property, and more), that need parallel IFRS 16 and ASC 842 compliance and native integration with ERPs (SAP, Oracle) ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **3.9/5** | 20 Reviews | | Ease of Use | 4.0/5 | Based on overall reviews | | Customer Support Software | 3.5/5 | Based on overall reviews | | Value for Money | 4.0/5 | Based on overall reviews | | Features | 3.8/5 | Based on overall reviews | | Recommendation percentage | 70% | (7/10 Likelihood to recommend) | ## About the vendor - **Company**: Nakisa - **Location**: Montreal, Canada - **Founded**: 2013 ## Commercial Context - **Starting Price**: $0.01 - **Pricing Details**: Contact Nakisa for pricing details. - **Target Audience**: 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: Chinese, English, French, German, Italian, Portuguese, Spanish - **Available Countries**: Australia, Austria, Belgium, Brazil, British Virgin Islands, Canada, Chile, China, Colombia, Estonia, Finland, France, Germany, India, Indonesia, Italy, Japan, Kuwait, Luxembourg, Malaysia and 16 more ## Features - Accounting Software - Accounts Payable Software - Amortization Schedule - Approval Process Control - Asset Lifecycle Management - Asset Tracking Software - Audit Trail - Bank Reconciliation - Billing & Invoicing - Budgeting/Forecasting - Chart of Accounts - Contact Management Software - Contract/License Management - Dashboard Software - Depreciation Management - Document Management Software - Expense Tracking - Financial Consolidation & Close Management - Financial Management Software - Financial Reporting Software - Fixed Asset Management Software - For Real Estate - General Ledger Software - Income & Balance Sheet - Insurance Management - Journal Entry Processing - Lease Management Software - Lease Origination - Lease Tracking - Maintenance Management Software - Multi-Currency - Multi-Location - Portfolio Management - Profit/Loss Statement - Reminders - Rent Tracking - Rental Property Management Software - Reporting & Statistics - Reporting/Analytics - Strategic Planning Software - Task Management Software - Tax Management Software - Tenant Management - Tenant Tracking - Third-Party Integration - Third-Party Integrations - Vendor Management Software - Workflow Management Software ## Integrations (3 total) - BlackLine - Oracle Fusion Cloud ERP - SAP S/4HANA Cloud ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base Software - Phone Support - 24/7 (Live rep) - Chat ## Category - [General Ledger Software](https://www.capterra.ae/directory/32520/general-ledger/software) ## Related Categories - [General Ledger Software](https://www.capterra.ae/directory/32520/general-ledger/software) - [Budgeting Software](https://www.capterra.ae/directory/10003/budgeting/software) - [Fixed Asset Management Software](https://www.capterra.ae/directory/10026/fixed-asset-management/software) - [Real Estate Accounting Software](https://www.capterra.ae/directory/32689/real-estate-accounting/software) - [Financial Close Software](https://www.capterra.ae/directory/33416/financial-close/software) ## Alternatives 1. [LOIS](https://www.capterra.ae/software/1069742/LOIS) — 4.7/5 (40 reviews) 2. [LeaseQuery](https://www.capterra.ae/software/143396/leasequery) — 4.7/5 (106 reviews) 3. [Entrata](https://www.capterra.ae/software/20372/entrata) — 4.6/5 (444 reviews) 4. [Spacebase](https://www.capterra.ae/software/155678/spacebase) — 4.8/5 (37 reviews) 5. [Innago](https://www.capterra.ae/software/166893/innago) — 4.9/5 (533 reviews) ## Reviews ### "Nakisa allows compliance with ASC 842 and IFRS 16" — 5.0/5 > **Robbie** | *22 November 2024* | Retail | Recommendation rating: 10.0/10 > > **Pros**: Simple user interface. Out-of-the-box integration with SAP ECC and S4 HANA. Highly flexible. > > **Cons**: Previous on-prem versions had several bugs which required manual workarounds or custom scripts to correct. These have been addressed in the subsequent cloud application. > > Nakisa Lease Administration has been instrumental in maintaining compliance with ASC 842 and IFRS 16 across our reporting entities. The platform is easy to use but powerful and flexible enough to address unique business scenarios. The out-of-the-box integration with SAP ECC and S4 HANA has been a significant benefit, ensuring seamless data flow and accurate reporting. Finally, Nakisa provides responsive and reliable support, which is essential for a core application. We look forward to continuing our relationship with Nakisa and adopting the latest enhancements. ----- ### "SAP-Integrated Lease Administration and accounting" — 5.0/5 > **Daniel** | *6 October 2020* | Sporting Goods | Recommendation rating: 9.0/10 > > **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. ----- ### "SLAN SP5" — 3.0/5 > **Juho** | *30 July 2019* | Paper & Forest Products | Recommendation rating: 7.0/10 > > **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. > > 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. ----- ### "Nakisa Lease Administration" — 5.0/5 > **Olof** | *3 October 2022* | Automotive | Recommendation rating: 9.0/10 > > **Pros**: The twice yearly releases with ever more functionality and improvements in the Saas (cloud) version. product has now matured for many years with a high speed of innovation, so I would say the features is definitely on the "Pro" side. The fact that Nakisa hosts it means that support personnel, or the product team in tricky cases, can get a first hand view of the problem and can easily check logs, and so on. Try out solutions in QA. I am not sure if I can comment on ease of use since I have used it for many years now. For key user/administrator: Ease of administration for the master data and batch jobs, and a wealth of mass update tools and reports. > > **Cons**: It has been, let's say, quite a journey to upgrade between the different on-prem versions and then into the cloud. This meant that some contracts from the go-live had issues later on. It turned out e.g. that something was missed in migrations, due to things like additions in the data model through the early on-prem versions. The most impact was in SP4 created contracts (from initial load in 2019) when entering the Cloud. This is not a "Con" for someone choosing the software today, since they'll be starting on the cloud version and these issues won't be there. If you have SAP ECC with classic (old) Asset Accounting there can also be some issues between the two systems. You'll have to consult your SAP AA expert to set up depreciation keys and so on to fit lease accounting correctly, since the case is often that Nakisa has the correct value in the schedules, but SAP Old AA won't quite be able to match it. Also with old SAP AA you'll (at least in the current release we're on, 2021 R2) miss out on the feature intercompany lease transfer for the companies connected to SAP ECC. These limitations will go away with time as companies move to SAP S/4. > > This is a niche "best of breed" product and small company that is really dedicated to lease accounting. This means a lot of interaction between the user community and Nakisa. When you have a problem or an idea, you can get in touch with the solution engineers, the product team and so on. There is a process for submitting enhancements and improvements. Either through the ordinary tickets if you mark them enhancement request, or you can have a 1:1 with the solution engineer to describe your problem or improvement idea more thoroughly and then they'll take it to product team. I've personally had these tickets and these sessions, and seen some of of my ideas enter into the product at a later stage, through a new release. Other customers are doing the same. There is also a monthly user group meeting where interesting topics are discussed, and we share experiences and ideas. Nakisa will listen in and capture improvements, problems, and so on. So this kind of "virtual village" is really a strength of this product. ----- ### "Sanimax's experience with Nakisa Lease Administration" — 5.0/5 > **Irene** | *27 April 2023* | Renewables & Environment | Recommendation rating: 9.0/10 > > **Pros**: - input into NLA all our lease contracts information in an easy and efficient manner. - the software is user friendly to manage new and matured leases and process the monthly lease accounting entries. - schedules and reports provide the necessary information by contract to control the asset values and liabilities at any given time. > > **Cons**: There have been a couple of version upgrades in the last couple of years, requiring testing on our end after the upgrades. > > Nakisa Lease Administration (NLA) software has been an invaluable tool, helping us to properly control all our leases, and meet all our accounting and reporting requirements. When ASC 842 Lease Accounting Standard for US GAAP was adopted in 2020, we were able to input into NLA all our lease contracts information in an easy and efficient manner. This was no small feat considering we have hundreds of lease contracts, ranging from small value items such as photocopiers to big ticket items like trucks and railcars. The software continues to be user friendly, as we work with it monthly to manage new and matured leases and process the monthly lease accounting entries. NLA schedules and reports provide us the necessary information by contract to control the asset values and liabilities at any given time. The NLA team has also been instrumental in ensuring all our doubts and questions are answered, always quick to respond to our needs. All in all we are very satisfied with NLA and recommend it highly\! ----- Page: 1 / 2\ Next: [Next page](https://www.capterra.ae/software/172587/lease-administration-by-nakisa?page=2) ## Links - [View on Capterra](https://www.capterra.ae/software/172587/lease-administration-by-nakisa) ## This page is available in the following languages | Locale | URL | | de | | | de-AT | | | de-CH | | | en | | | en-AE | | | en-AU | | | en-CA | | | en-GB | | | en-IE | | | en-IL | | | en-IN | | | en-NZ | | | en-SG | | | en-ZA | | | es | | | es-AR | | | es-CL | | | es-CO | | | es-CR | | | es-DO | | | es-EC | | | es-MX | | | es-PA | | | es-PE | | | fr | | | fr-BE | | | fr-CA | | | fr-LU | | | it | | | ja | | | nl | | | nl-BE | | | pl | | | pt | | | pt-PT | | | sv | | | tr | | ----- ## Structured Data