Quickly create a central inventory of all revenue contracts and commercial leases throughout your enterprise. SAP Lease Administration by Nakisa allows you to collect and validate the attributes of your revenue contracts and leased asset contracts from a single point of entry. By leveraging this global view of revenue and lease contracts, stakeholders will gain insight into contractual data and analyze their contract portfolio including impact on financial statements. The solution provides complete visibility into the changes and decisions made during the abstracting, analyzing, and assessment process.
- Prepare for compliance with existing and new financial reporting standards for revenue recognition and lease accounting
- Centralize all your contractual data in one repository, and visualize your global revenue contracts and lease portfolio/exposure
- Speed up validation by enabling collaboration with key stakeholders across your enterprise
- Visibility into all the changes and decisions made during technical assessment of performance obligations and their impact on revenue recognition/lease accounting and reporting
- Understand the business impacts of your global lease portfolio and make better business decisions