What's New

In addition to general editorial changes and corrections, this release of the documentation contains the following main changes included in the release of 2025.R3:

General

The Product Center features a redesigned and reorganized UI and UX to improve usability, including an enhanced landing page with new widgets for recent activity and favorites, as well as a dedicated Documents & Links page.
The navigation tree is now sorted by object status, with active objects at the top.
Status actions (ex. activate, rework, etc.) for locations, premises, and contracts have been moved from the actions menu to the object header.
Users can now schedule the Audit Log export to run at a later time.

Real Estate Management

Integration with Nakisa Lease Accounting Suite has been improved in the following ways for when the product is configured to be an IFRS 16/ASC 842 compliant solution:
- Users no longer need to go back to Nakisa Portfolio Management Suite to refresh their accounting objects after they have been approved/activated before continuing the accounting workflow.
- Lease component terms that are created from Nakisa Portfolio Management Suite contracts are now exercised automatically.
- The application now notifies lease administrators when the activation group has been activated
- The accounting page interface has been updated for easier and more intuitive navigation.
Users can now create contracts using AI lease abstraction (beta). Simply drag and drop your documents into the creation window, and your contract is created within minutes. This feature must be enabled in Financial Organization Structure. Note that AI generated content may require review for accuracy and completeness before use.
The new Financial Summary page in the premises summarizes key financial information for the associated contracts.
To improve user experience, the Scheduled Payments module has been moved to the main contract page instead of through the actions menu.
Users can now create cash incentive terms for negative amounts.
The new payment adjustment feature allows you to reconcile posted and actual payment amounts easily when terms are updated through contract versions. The payment adjustment page is only available once a contract version has been created.
The following enhancements have been made to batches:
- The Batch Export report now displays the Posting and Document dates.
- Users can now filter the batch profile and batch job listings.
- When posting charges in batches, you can now see the name and description of the charge.
Users can now import premises and sub-premises at the same time, instead of performing two separate imports.
If a head lease under a premises is inactive, users can now create a new head lease under the same premises.
Terms accounting is now supported for streamlined mode of compliance.
Users can now upload documents of up to 85MB.
Users now receive notifications when their contracts sync with Nakisa Lease Accounting Suite.
You can now include one time charges in the Financial Obligation Report with the new Include Charges switch.
The following columns have been added to the terms sheet in the "Initial Data" Mass Import Excel template:
- CostCenterID
- LeaseComponentName
- AssignmentNumber
For contracts with Calculate Taxes enabled, the vendor association window when adding terms has been enhanced:
- A new Tax Configured column is available when selecting a vendor. If the column says yes, it means that there's an associated Tax Code Determination with this vendor.
- Users can only toggle Calculate Taxes for a vendor if they have taxes configured.
You can now copy rent terms while the contract is in Draft status.
Additional validations have been made for terminating contracts. Now, when the application is operating as an IFRS 16/ASC 842 compliant solution, the activation group in Nakisa Lease Accounting Suite must be closed before terminating a contract.
The Contract Summary report now allows you to select which items you want included in the summary for a more detailed or broad report, depending on your needs.
The premises header now features the Market Data AI Agent which displays important real estate market trend information based on your premises location and building type. Note that AI generated content may require review for accuracy and completeness before use.

Dashboards and Reports

The Dashboard AI Agent (Beta) can now generate multiple charts at once, automatically building a custom dashboard from a user story or prompt and streamlining the entire dashboard creation process.
A new report has been added to allow users to track the syncs performed with Nakisa Lease Accounting Suite when the application is configured as an IFRS 16/ASC 842 compliant solution.
The following standard reports have been added:
- Assessment and Appeals Report
- Energy Consumption and Emissions Report
- Sub-lease Report
- Operating Expense Reconiciliation Report

Administration:

The new field default values feature lets users easily set specific values for different fields, either application-wide or individually, making data entry consistent and saving time by automatically filling in forms. This is especially handy for users who frequently use certain settings, streamlining the process and reducing the likelihood of errors, ensuring better accuracy and simplicity with less effort.
Nakisa Portfolio Management Suite now supports OAuth Subscription.
You can now view and edit Display IDs for picklists and group options.
The following updates have been made to the User Management table:
- You can now view the Partner ID for users with associated partners.
- You can now search and filter users.
Users can now create expense groups for operating costs, which can then be mapped to operating cost expense types.