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ease
features
design
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What is Nakisa Lease Administration?

Fortune 1000 companies have ample reasons to place their confidence in Nakisa Lease Administration for managing their lease accounting and compliance needs. Organizations operating on a global scale require financial software that not only excels in accounting practices but also ensures robust control, accessibility, and the precision and thoroughness of financial data. Nakisa Lease Administration goes beyond these expectations, providing a versatile and scalable platform tailored for extensive lease portfolios characterized by varied assets, intricate terms, and significant activity levels. By centralizing the accounting processes of both lessees and lessors, it streamlines operations effectively. Additionally, seamless ERP integration simplifies data reconciliation, enhancing overall efficiency. Nakisa Lease Administration is adept at managing any contract involving tangible leased assets throughout its entire lifecycle, from inception to termination. Our solution is designed to be fully scalable and is offered as a web-based SaaS application, which not only accelerates deployment but also facilitates quicker adoption across the organization. By employing Nakisa Lease Administration, companies can focus on their core operations while leaving the complexities of lease management to us.

What is Leasevana?

Leasevana is a Windows desktop application designed specifically for lease accounting in accordance with IFRS 16, primarily serving corporate finance teams and lessees. The application calculates right-of-use (ROU) assets and lease liabilities derived from lease agreements, and it also produces schedules for amortization and depreciation. Finance professionals can adjust these schedules to reflect renewals, extensions, early terminations, and changes in consideration, enabling them to track incremental borrowing rates and weighted-average discount rates relevant to new leases and reassessments. Moreover, the software supports IFRS 16 disclosure reporting and includes an optional PDF lease abstraction feature that can leverage a Google Gemini API key provided by the user to automatically retrieve vital information such as dates, options, and payment amounts. Leasevana functions locally on Windows without the need for cloud storage or external databases, thereby enhancing data privacy and security. It is available for free download from the Microsoft Store, although users are encouraged to seek guidance from qualified professionals to confirm the accuracy of their results. With its intuitive design and comprehensive features, Leasevana aims to significantly enhance the efficiency of the lease accounting process and provide users with valuable insights into their leasing activities. This makes it an essential tool for organizations looking to manage their lease obligations effectively.

Media

Media

Integrations Supported

SAP Business One

Integrations Supported

Gemini

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Free
Free download and use.
Free Version

Supported Platforms

SaaS

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Online Training

Training Options

Not specified

Company Facts

Organization Name

Nakisa

Date Founded

2001

Company Location

Canada

Company Website

nakisa.com/finance-suite/nakisa-lease-administration-software/

Company Facts

Organization Name

Wicked System Studio

Company Website

wickedsystemstudio.com/leasevana.html

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Critical Date Alerts
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management

Categories and Features

Lease Accounting

Not specified

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