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“Our leasing arrangements were complex. We couldn’t possibly know everything about leases ourselves, and with Innervision we don’t need to.”
“We were extremely impressed with Innervision’s flexible approach to providing a comprehensive lease accounting software solution. Besides core IFRS 16 functionality we need a solution that supports additional requirements such as IAS 17 accounting as well as the ability to centralise data for a large portfolio of exempted leases – Innervision proved its solution accommodates these requirements, which was an important factor in our decision to select Innervision as our lease accounting technology partner.”
LeaseAccelerator, an insightsoftware company, is the only enterprise lease lifecycle automation solution that provides centralized, asset-level data to multiple stakeholders including CFOs, VPs of Real Estate, Treasurers, and Procurement Officers. With LeaseAccelerator’s suite of products, you can optimize the entire global leasing process - from equipment sourcing and real estate lease administration to asset-level accounting for long-term compliance with ASC 842, IFRS 16 and emerging emissions standards.
Nakisa Lease Accounting (NLA) is a cloud-native lease accounting software that assists global enterprises in managing large, complex lease portfolios with 300+ contracts including assets of various nature (fleet, equipment, real estate, land, and more). With built-in parallel compliance capabilities for ASC 842, IFRS 16, and local GAAP, our comprehensive software is a solution of choice for Fortune 1000 companies that need bidirectional ERP integration (SAP S4/HANA, SAP ECC, and Oracle). Nakisa Lease Accounting software offers a powerful yet intuitive end-to-end platform to centralize lease-related data and automate all aspects of lease accounting—from budgeting and planning to lease abstraction, administration, modifications, compliance, auditing, reporting, and termination. Unlike other vendors requiring significant upfront setup, customization costs, and third-party resources for maintenance or upgrades, NLA is a cloud-native software designed for easy configuration and rapid deployment. NLA offers true asset-level accounting and lease asset tracking, mass operations (modification, indexation, and workflow transition), support of all lease events (inception, modifications, renewal, purchase, etc.) and complex scenarios (indexation, rent escalation, multiple vendors, non-standard calendars, etc.). With NLA, you can benefit from disclosure reporting under multiple standards, 10K/10Q reports, ad-hoc reports to support additional analysis, and highly configurable dashboards. Nakisa Lease Accounting goes beyond functionality with its scalable and reliable cloud-native architecture, ensuring 99.5% solution availability. Its commitment to security is underscored by its robust RBAC and ITGC tools and compliance with SOC 1 Type II, SOC 2 Type II, and GDPR.
PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance.
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