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About NetLease

NetLease is an accounting software/platform from Netgain Solutions that enables accounting teams to eliminate inefficiencies with software automation. It combines lease management, loan tracking, and fixed asset management so teams can effectively run month-end close processes within NetSuite. Designed to be 100% NetSuite native, NetLease provides an accessible way for accounting professionals to manage their financial obligations without leaving the NetSuite environment. Users can explore the capabilities at their own pace and gain on-demand insights tailored for their specific accounting needs. Key capabilities: lease management loan tracking fixed asset management month-end close support NetSuite integration Best for: accounting teams that need to improve efficiency and accuracy in financial management.

NetLease Details

Vendor
Netgain Solutions
Year Launched
2018
Location
UNITED STATES OF AMERICA
Deployment
Training Options
documentation, videos, live online, in person
Countries Served
All Countries
Languages
English, French, Spanish, Chinese, German, Japanese, Portuguese, Italian, Dutch, Russian, Korean
Users
Accountants, Controllers and CFOs at businesses looking for a fast, reliable and CPA-approved way to ASC 842 and IFRS 16 lease accounting compliance and management.
Industries Served
Technology, Retail, Healthcare, Financial Services
Tags
Lease Accounting, ASC 842 Compliance, NetSuite Integration

NetLease's In-App Market Place

Does NetLease have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), AUD ($), CAD ($), JPY (¥)

Pros & Cons

  • Automation: NetLease excels in automating complex lease accounting tasks, such as lease abstraction, amortization scheduling, and journal entries. This reduces manual work and the potential for errors, making the process more efficient.
  • Compliance: The software is designed to ensure adherence to critical accounting standards, including ASC 842, IFRS, and GASB. This is essential for businesses that need to stay compliant with regulatory requirements.
  • Seamless Integration with NetSuite: NetLease integrates smoothly with NetSuite, which is a significant advantage for businesses already using this ERP system. The integration allows for streamlined data flow and reduces the need for manual data entry.
  • User-Friendly Interface: The software is praised for its intuitive and easy-to-navigate interface, making it accessible to users without a deep accounting background. This user-centric design helps organizations quickly adopt and utilize the software.
  • Comprehensive Reporting: NetLease offers strong reporting capabilities, particularly for financial audits and compliance-related disclosures, which is crucial for businesses needing detailed and accurate financial data.
  • Limited Reporting Customization: While the software provides comprehensive reporting tools, some users have noted that the customization options are somewhat limited. Businesses with specific reporting needs may need to manually adjust reports outside the standard options provided by the software.
  • Pricing Transparency: NetLease does not provide upfront pricing information on its website, requiring potential customers to request a demo for personalized pricing. This lack of transparency can be a drawback for businesses looking for clear pricing details before engaging with the sales team.
  • Specific Integration: The software's integration is primarily focused on NetSuite. While this is a significant advantage for NetSuite users, businesses using other ERP systems may find the integration options limited.

NetLease's Support Options

Email Address

info@netgain.io

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