Nakisa IWMS Reviews & Product Details

Nakisa IWMS (formerly Nakisa Real Estate) is a cloud-native solution designed to centralize and optimize the lifecycle management of 300+ assets (including owned, leased, or subleased assets of various nature - real estate, equipment, fleet, or facilities). Nakisa IWMS portfolio offers a unified platform for capital projects, portfolio management, lease accounting, IFRS 16 and ASC 842 compliance, and facility management—powered by advanced analytics. Nakisa IWMS includes three product suites: Capital Project Product Suite built to manage capital projects from budgeting and planning to site selection and execution. Facility Management Product Suite designed to manage inventory, assets, maintenance (work orders), and energy consumption. Portfolio Management Product Suite helps global enterprises automate lease management, accounting, compliance, and reporting. Leverage automated calculations, including CAM reconciliation and percentage rent, easily add contract modifications and new terms, track critical dates, and streamline collaboration with third party. This product suite streamlines day-to-day real estate operations, improves portfolio visibility, automates complex multi-asset lease management tasks, tracks critical dates, and provides users with timely insights through custom dashboards and reports. Built with CRE logic in mind, Nakisa IWMS has industry-specific features such as batch payments, flexible payment & AP/AR management with rent roll, percentage rent calculation, period-end reconciliations (CAM, insurance, taxes), and other features to manage complex CRE scenarios effectively both on a local and global scale. We also offer pre-made reports and endless possibilities of customized dashboards to enable CRE teams to manage and easily share data with other departments. With native bidirectional integration with ERP systems (SAP, Oracle, and others), Nakisa IWMS contributes to better data management, boosts control over operations, and eliminates the risk of human errors caused by manual dual entries. Besides ERP integrations, we offer great API connectivity to synchronize data (for example sales data) according to the company’s needs. Nakisa IWMS is fully compliant with the new lease accounting standards of ASC 842, IFRS 16, and GASB 87, and it can seamlessly embed your accounting policy. We invite you to manage all lease activities in one central place, bringing together real estate portfolios, accounting, and operations. With Nakisa, you can finally break down silos across departments and ensure better collaboration between accounting, real estate, and facility/space management teams. Nakisa IWMS sustainably grows with your business needs and gets automatically updated, at no extra cost, without involving your partners. Our software is also: • Scalable: Designed on a cloud-native architecture with microservices, • Reliable: 99.5% solution availability, • Secure: GDPR compliant with full ITGC control, • Regularly updated: two major releases per year, performance and bug fixes every eight weeks, • Caring: 24/7 customer support, dedicated account managers, and onboarding & training materials.