Logo of NetLease by Netgain

NetLease by Netgain

Website LinkedIn Twitter

Last updated on

Company health

Employee growth
51% increase in the last year
Web traffic
45% increase in the last quarter
Financing
December 2023 - $35M

Ratings

G2
4.8/5
(178)
Glassdoor
4.2/5
(17)

NetLease by Netgain description

NetLease by Netgain is a cloud-based lease accounting software designed to help businesses of all sizes comply with lease accounting standards like ASC 842. It simplifies lease management by automating key tasks such as lease amortization schedules, disclosure reporting, and audit trails. NetLease integrates with popular ERP systems like NetSuite, offering seamless data flow and enhanced reporting capabilities. It also supports both lessee and lessor accounting needs.


Who is NetLease by Netgain best for

NetLease by Netgain helps businesses comply with lease accounting standards, such as ASC 842. Users praise its NetSuite integration and automated lease calculations. Some users find sublease accounting and initial data entry cumbersome. It's ideal for small and medium-sized businesses using NetSuite and needing to comply with lease accounting standards.

  • Best fit for small to medium-sized businesses using NetSuite.

  • Ideal for businesses needing to comply with lease accounting standards.


NetLease by Netgain features

Supported

NetLease supports automated reminders for critical lease dates, including renewals, expirations, and rent increases.

Supported

NetLease automates lease accounting calculations and reporting for IFRS 16 compliance.

Supported

NetLease offers tools for ensuring compliance with lease accounting regulations like ASC 842, IFRS 16, and GASB standards.


NetLease by Netgain reviews

We've summarised 177 NetLease by Netgain reviews (NetLease by Netgain G2 reviews) and summarised the main points below.

Pros of NetLease by Netgain
  • Seamless integration with NetSuite.
  • Excellent and responsive customer support.
  • Automates complex lease calculations and amortization schedules.
  • Simplifies compliance with ASC 842.
  • User-friendly interface and easy to navigate.
Cons of NetLease by Netgain
  • Sublease accounting and reporting can be improved.
  • Initial lease data entry templates could be more user-friendly.
  • Editing existing leases can be cumbersome.
  • Limited features for facilities management and collaboration.

NetLease by Netgain pricing

The commentary is based on 8 reviews from NetLease by Netgain G2 reviews.

NetLease by Netgain does not publicly disclose pricing information on their website. To obtain pricing details, users are encouraged to schedule a demo or view an interactive demo.

See the NetLease by Netgain pricing page.


NetLease by Netgain alternatives

  • Logo of LeaseCrunch
    LeaseCrunch
    Effortless lease accounting software ensuring compliance.
    Read more
  • Logo of Spacebase
    Spacebase
    Lease accounting and administration, simplified and automated.
    Read more
  • Logo of AMTdirect
    AMTdirect
    Lease accounting and administration software simplifying ASC 842 compliance.
    Read more
  • Logo of LeaseController
    LeaseController
    Effortless lease accounting compliance. ASC 842 & IFRS 16.
    Read more
  • Logo of Visual Books
    Visual Books
    Automated lease accounting, simplifying compliance and reporting.
    Read more
  • Logo of Trullion
    Trullion
    AI-powered lease accounting and revenue recognition automation.
    Read more

NetLease by Netgain FAQ

  • What is NetLease by Netgain and what does NetLease by Netgain do?

    NetLease by Netgain is a cloud-based lease accounting software that helps businesses comply with lease accounting standards, such as ASC 842. It automates key lease management tasks, integrates with ERP systems like NetSuite, and supports both lessee and lessor accounting. NetLease simplifies lease amortization schedules, disclosure reporting, and audit trails.

  • How does NetLease by Netgain integrate with other tools?

    NetLease integrates with popular ERP systems, notably NetSuite, enabling seamless data flow and enhanced reporting. This integration streamlines processes and improves data accuracy for lease accounting.

  • What the main competitors of NetLease by Netgain?

    Top alternatives to NetLease by Netgain include LeaseQuery, LeaseController, and LeaseAccelerator. These competitors offer similar lease accounting and management features, catering to various company sizes and compliance needs. Trullion is another option, leveraging AI for enhanced automation.

  • Is NetLease by Netgain legit?

    Yes, NetLease by Netgain is a legitimate cloud-based lease accounting software. It helps businesses comply with lease accounting standards like ASC 842, offering automated features and integration with NetSuite. Reviews highlight its user-friendly interface and excellent customer support.

  • How much does NetLease by Netgain cost?

    I couldn't find pricing details for NetLease by Netgain. For the most current pricing information, it's best to contact Netgain directly or visit their website.

  • Is NetLease by Netgain customer service good?

    NetLease by Netgain customers praise the excellent and responsive customer support team. Users highlight the team's helpfulness during implementation and their quick response to questions and issues. While some users mention initial challenges with specific functionalities, these were generally resolved with the support team's assistance.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

NEW: Introducing Gralio Screen Buddy

An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.

For Individuals
Streamline your daily tasks, get helpful AI tips, and find the right tools for your workflow.
For Businesses
See how your team really works, uncover automation opportunities, and get software recommendations tailored to your processes.