NetLease by Netgain
4.7
142
NetLease by Netgain is a SaaS solution that simplifies and automates lease accounting to comply with ASC 842, IFRS 16, and GASB 87. It supports lease reporting and decision making for businesses of all sizes, from small businesses to large, complex, multi-division enterprises with international leases. NetLease provides automated, error-free lease amortization schedules and required disclosures with the push of a button. It also offers support for operating and financing leases, automatic modifications and terminations, and a complete audit trail. NetLease for NetSuite allows users to embed lease accounting into their core financial system and access existing customizations. It is available for lessees and lessors.
Strengths
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Cloud-based
Accessible from anywhere with an internet connection
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Automated lease management
Saves time and reduces errors
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Customizable reporting
Provides insights into lease performance
Weaknesses
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Limited integrations
May not work seamlessly with other software
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Limited features
May not meet all lease management needs
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Limited customer support
May not provide adequate assistance when needed
Opportunities
- Can reach new customers and increase revenue
- Can improve functionality and attract new customers
- Can meet more lease management needs and attract new customers
Threats
- May lose customers to similar software providers
- May result in decreased demand for lease management software
- May result in loss of customer trust and revenue
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NetLease by Netgain Plan
NetLease by Netgain offers a subscription-based pricing model with three versions, starting at $99 per month, with additional features in higher versions.
Free
Free
3 Leases
Exactly what you need to ace your audit if you have 3 or fewer simple leases.
3 leases included
Unlimited users
Fully GAAP compliant
Generate and adjust amortization schedules
Disclosure reporting
Early terminations
Self-service installation & setup
Knowledge base access
Also available as a native app in NetSuite
Essential
888
10 Leases
Everything you need to manage 10 or fewer more complex leases.
$75 per additional lease offered in bands of 5 (ask about volume discounts)
Modifications, decreases in scope, ROU impairments
Contract provisions and notifications
Lease classification determination
Discount rate calculator with Rate implicit and Risk-free rate
Disclosure reporting including roll-forward and waterfall
Access to Netgain SOC1
Optional full-service installation and setup
Knowledge base access
Also available as a native app in NetSuite
SSO Free Forever
Manage Google Drive, Mailchimp, Dropbox Business, Microsoft PowerPoint, QuickBooks Desktop Enterprise, Canva, Zoho One, DocuSign, Salesforce Sales Cloud Suite, Adobe Photoshop with SSO
