Bramasol and Nakisa Announce a Strategic Partnership

Bramasol, the leader in SAP revenue recognition solutions and Nakisa, the leading provider of SAP Lease Administration are proud to announce a joint partnership to help companies comply with the new Revenue Recognition (IFRS 15 & ASC 606) and Leases standards (IFRS 16 & ASC 842). In this strategic alliance Bramasol will become the strategic implementation partner for Nakisa offering implementation and consulting services in support of SAP Lease Administration

“We are extremely excited about the tremendous potential of this partnership,” said David Fellers, Bramasol CEO. “As we speak with many companies about revenue recognition, we are seeing more of them considering how they can implement a solution that addresses both their rev rec and leasing needs. And, I can’t think of a better partner than Nakisa to allow us to offer a comprehensive solution to our clients.”

“We are very happy to announce our partnership with Bramasol. We really like what Bramasol is doing to help customers comply with the new revenue recognition standard.” said Romeo De Leon, General Manager, Finance Line of Business. “With this partnership they will continue to develop their expertise on SAP Lease Administration by Nakisa and be well positioned to help customers comply with the new Leases standard.” Pete Graham, Director, Finance Solutions, SAP, commented, “We are pleased that these two leaders are working closely together to provide SAP customers a strong set of comprehensive services and solutions that can help them comply with the upcoming regulatory challenges of IFRS 15 & 16.”

About Bramasol

Bramasol is the Revenue Recognition leader and a recognized SAP Revenue Recognition services partner for companies seeking to comply with and benefit from the new Rev Rec standards. Our SAP-certified experts, partnering with SAP, assisted in the majority of SAP Revenue Accounting and Reporting Ramp-Up projects. Driving successful workshops, Proofs of Concept, and implementation projects throughout the U.S., Bramasol is the go-to partner with the experience and expertise for companies wanting to leverage SAP Revenue Accounting and Reporting to comply with ASC-606 and IFRS 15 and the newly announced IFRS 16 for leasing. Are you #RevRecReady

About Nakisa

A global leader in enterprise business solutions for Finance and Human Capital Management (HCM), 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.

Nakisa’s lease administration and revenue recognition solutions help customers better manage their assets and comply with accounting regulations. Working with a global network of partners and as a Tier 1 partner of SAP® since 2007, Nakisa serves 800+ enterprise customers and over 4 million subscribers in 24 industries.