Nakisa Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Nakisa Strengths, Domain Expertise, and Key Differentiators

Nakisa stands out for its purpose-built solutions and extensive domain expertise. The Nakisa Lease Administration platform—which serves both lessees and lessors—and the Nakisa Hanelly Innovate modules are cloud-native solutions driven by AI analytics and designed with compliance as a core principle. They support standards such as ASC 842, IFRS 16, and GASB 87, empowering enterprise finance and HR teams to make smarter, real-time decisions.

What truly sets Nakisa apart is its API-first architecture and collaborative SaaS model, which allow for seamless integration with leading ERP systems like Oracle Cloud and SAP. Moreover, Nakisa is incorporating Generative AI features to help users generate insights, automate reporting, and guide compliance actions, advancing the capabilities of intelligent lease and organizational design software.

Nakisa Recent Developments

In June 2024, Nakisa unveiled its next-generation Workforce Planning Portfolio, a comprehensive suite of cloud-native tools designed to transform organizational design and workforce planning for large enterprises. Built on the Nakisa Cloud Platform (NCP), this portfolio integrates advanced AI capabilities, including generative AI and agentic AI, to enhance decision-making and operational efficiency.

The portfolio consists of three key suites: the Nakisa Org Chart Suite, the Nakisa Org Design Suite, and the Nakisa Strategic Workforce Planning Suite. The latest release, 2025 R1, introduces AI-powered features such as Nakisa AI Agents, which assist in creating dashboards and facilitate in-product discussions. Additionally, the Nakisa AI Assistant serves as a conversational tool that provides step-by-step guidance on workforce planning tasks.

These enhancements aim to democratize organizational design and offer data-driven approaches to headcount planning, ensuring that enterprises can build responsive organizations to meet complex challenges.

In June 2020, Nakisa made a significant stride with the launch of Nakisa Lease Administration for Lessor Accounting. This Cloud-based lease management and accounting platform caters to Fortune 1000 companies, ensuring compliance with ASC 842, IFRS 16, and GASB 87 standards. The fully managed Software-as-a-Service (SaaS) model and collaborative API layer position Nakisa as a trailblazer in delivering innovative lease solutions.

Nakisa Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Nakisa applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Nakisa and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Nakisa Lease Administration, Nakisa Organizational Design, Nakisa Workforce Planning Portfolio, Nakisa Enterprise Portfolio Management customers.

Nakisa Key Enterprise and Cloud Applications

Nakisa Lease Administration, Nakisa Organizational Design, Nakisa Workforce Planning Portfolio, Nakisa Enterprise Portfolio Management

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Nakisa Direct vs Indirect sales

Nakisa Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Nakisa Customers

No. of Nakisa Customers: 1100

No. of Nakisa Enterprise Applications Customers: 1100

No. of Nakisa Cloud Customers: x

No. of Nakisa Cloud Subscribers: 6600000

Nakisa serves a formidable client base of over 1,100 enterprise customers, representing a subscriber base of 4.8 million users across 24 industries. This includes globally recognized brands like Toyota, ExxonMobil, Sinarmas Mining Group, and Flowserve Corporation.

Nakisa Market Opportunities, M&A and Geo Expansions

On October 18, 2024, Nakisa announced the launch of its new data center in the UAE, marking a significant expansion of its global infrastructure. This strategic development aims to address the growing demands of clients and partners in the UAE and the broader Gulf Cooperation Council (GCC) region.

The new UAE data center underscores Nakisa’s commitment to data sovereignty and regulatory compliance. It ensures that organizations in both the public and private sectors can benefit from secure, cloud-native, and AI-driven solutions tailored to their specific business needs.

This expansion strengthens Nakisa’s global network, which already includes data centers in Canada, Germany, Singapore, and the United States. The focus of this new addition is to serve key industries in the region, such as government, financial services, energy, and retail.

Nakisa is well-poised to capitalize on both horizontal and vertical market opportunities. The continuous enhancement of its solutions, such as Nakisa Hanelly and Nakisa Lease Administration, positions the company for sustained growth. Opportunities lie in expanding into new regions, especially given Nakisa's success in the United States and Latin America.

Nakisa Risks and Challenges

Despite its success, Nakisa faces challenges in transitioning long-time clients from legacy systems to the Cloud. This process requires strategic planning and execution to ensure a seamless shift for clients accustomed to traditional systems.

Nakisa Ecosystem, Partners, Resellers and SI

In December 2024, Nakisa announced a strategic partnership with RE BackOffice Inc. (REBO), a boutique firm specializing in lease administration, abstraction, and CAM reconciliation services. This collaboration aims to enhance real estate portfolio management by integrating Nakisa’s advanced Integrated Workplace Management System (IWMS) with REBO’s expertise in lease services.

The partnership is designed to streamline lease abstractions, optimize lease management and accounting processes, and reduce lifecycle costs, ultimately accelerating the return on investment for clients. By combining Nakisa’s technology with REBO’s specialized services, the alliance seeks to deliver more agile and efficient workflows that support sustainable business growth.

Nakisa has strategically built an ecosystem of partners, enhancing its solutions. Achieving "Integrated with Oracle Cloud" status and forming alliances with NGA Human Resources exemplify Nakisa's commitment to expanding its ecosystem. These partnerships strengthen Nakisa's offerings, enabling customers to maximize the value of their IT investments.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: