Nakisa IWMS - 2024 Pricing, Features, Reviews, & Alternatives

• Centralize and optimize the lifecycle management of your assets (such as real estate, equipment, and facilities) with Nakisa IWMS. This comprehensive solution provides a unified, enterprise-grade platform for capital projects, portfolio management, lease accounting and compliance, and facility management—backed by a powerful analytics engine.

• Seamlessly integrate Nakisa IWMS with your ERP and lease accounting systems and break down data silos via native bidirectional connections and APIs. Automatically synchronize your data, eliminate manual dual entries, and get full control over all operations and leases from one place.

• Configure reports and dashboards to better fit your company's needs. Use our pre-made templates or create your ad-hoc dashboards to track exactly what you need in real-time, no BI expertise required. Collaborate with the accounting team and use a single source of truth for all lease-related operations.

• Benefit from industry-specific logic and features. Nakisa IWMS was built by commercial RE professionals. We structured it around three levels: location – premise – lease operation to make it intuitive and easy for RE teams to work. Also, you’ll find the payment and rent table, percentage rent calculation, batch payments, year-end reconciliation with CAM, insurance and tax invoices, currency translation, site selection, vendor portal, and many other specific features for better real estate and facilities management.

• Stay on top of critical dates. Our activity center is integrated with your ERP and will notify you about all the important dates and actions you need to take beforehand. These can be as specific as per each lease clause or condition abstracted into the system (such as the option to renew, the option to terminate, or any other deadline or milestone that you’d like to track and be notified of).

• Save time and eliminate errors with automation. Reduce manual tasks by automating activities and minimize the risk of human errors caused by manual dual entries and calculations.

• Meet the accounting and security compliance. Nakisa IWMS is fully compliant with lease accounting standards including IFRS 16, ASC 842, and local GAAP. Nakisa has comprehensively evaluated GDPR requirements and has implemented numerous privacy and security practices to ensure that our cloud solutions are GDPR-ready. Additionally, we utilize a full audit trail both in the front and back end to support IT General Controls (ITGC) and SOC compliance.

• Consolidate capital projects, lease administration, lease accounting, and facility mamagement systems. Nakisa IWMS seamlessly embeds accounting policies. By integrating a compliance tool and lease admin software into a single platform, all accounting-related items from A to Z (including data set expenses, purchase orders, invoices, and more) are automatically transitioned for reporting purposes.

• Enjoy an intuitive interface. Nakisa has an easy-to-use interface that empowers your team to become comfortable and productive in a matter of minutes.

• Use a reliable and agile cloud-native application. Nakisa IWMS was built with microservices that provide agile updates, scalability, and integration. Our full SaaS solution has two major releases per year, performance and bug fixes every eight weeks. All Nakisa SaaS components are monitored for both performance and security 24/7/365. We act proactively to ensure the highest availability (99,5%).