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Corporate Profile
See What’s Possible with NAKISAA global leader in enterprise business solutions for Human Capital Management (HCM) and Finance, Nakisa delivers innovative, forward-thinking and robust human resource and financial management solutions that advance your business strategies. Available on premise and in the cloud.
See what’s possible with Nakisa’s powerful visualization technology to:• Align talent performance with company objectives• Stimulate employee engagement throughout your organization• Comply with IFRS standards for Revenue Recognition and Lease
Accounting
Working with a global network of partners and as one of the few Solution Extension (SolEx) partners of SAP® since 2007, Nakisa serves 800+ enterprise customers and over 4 million subscribers in 24 industries.
Founded2001
HeadquartersMontreal, QC, Canada
Branches9 locations in Germany, South Africa, Singapore, Japan, Pakistan, Australia, Russia, Lebanon and USA
Customers800+ Enterprise Customers
Industries24 including Public Sector, Oil and Gas, Mining. Banking, Utilities, Pharma, Transportation, Telecom, Construction and Defense.
SolutionsHCM SolutionsFinancial Solutions
OVERVIEW
CHOICE OF DEPLOYMENT
Nakisa Cloud eliminates the need to purchase, install and maintain servers to host Nakisa’s solutions, without compromising the functionality or security of the application. Nakisa’s unique architecture leverages SAP’s data model and works as its data repository. This architecture makes it possible to run Nakisa’s solutions in the private cloud environment without any persistent data. The information is maintained directly in a customer’s SAP environment. Only the information required is loaded in Nakisa’s main memory and is then discarded when it is no longer needed. No data remains on the Nakisa cloud server when it is terminated and, since the data is written back live to SAP, no data is lost.
Nakisa On-Premise provides customers with unparalleled scalability and flexibility with complete control over their infrastructure and data management. The on-premise deployment option also gives customers control over their customizations, providing the ease to implement complex processes that meet unique internal requirements. Furthermore, customers who must meet compliance guidelines governing company data management have the ability to host Nakisa’s solutions in-house without losing any convenience or functionality that is also present in Nakisa Cloud.
HCM SOLUTIONS
EXECUTIVE OVERVIEW
Public Cloud On-Premise
The Nakisa team is proud to deliver robust and innovative business solutions that address their enterprise customers’ needs in terms of employee engagement, alignment to company strategy and compliance, while ensuring their complete satisfaction.
Babak Varjavandi, President and CEO
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FINANCIAL SOLUTIONS
Transformation Accelerators• Mergers, Acquisitions &
Divestitures• Strategic Organizational
Design
Talent Accelerator• Organizational Vulner-
ability
Organizational Management• OrgChart• OrgAudit• OrgModelerTalent Management• CareerPlanning• SuccessionPlanning• Goals & Performance• Talent Review Meetings
Human capital is at the heart of any organization and has the power to drive business to great heights of profitability. How-ever, workforce trends are constantly changing. Gaining HR insights to maximize on talent and improve overall business results in an ever-evolving environment can be quite chal-lenging. Nakisa’s innovative and robust HCM solutions adapt to your business’ needs, increasing employee engagement and collaboration as well as ensuring their alignment with your corporate objectives.
The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) an-nounced the release of the converged standard on the recognition of revenue from contracts with customers. The goal is to introduce uniformity and predictability to otherwise widely divergent revenue recognition prac-tices. Separately, the FASB and IASB have also proposed changes for how organizations should account for leases. The upshot is that most leases will have to be reported on each company’s balance sheet in the future.Nakisa and SAP have collaborated on a solution, extend-ing SAP’s revenue recognition and lease accounting capabilities, that provides:• a centralized repository for abstracting, analyzing,
and assessing revenue contract data in a compliant manner;
• visibility into your lease exposure to optimize assets portfolio management and support accounting pro-cesses for more efficient cost controlling.
Nakisa Inc. | 733, rue Cathcart, Montreal, QC, Canada, H3B 1M6 Tel: +1 (514) 228-2000 | Fax: +1 (514) [email protected] | nakisa.com
