fitgap

NetLease by Netgain

Features
Ease of use
Ease of management
Quality of support
Affordability
Market presence
Take the quiz to check if NetLease by Netgain and its alternatives fit your requirements.
Pricing from
Completely free
Free Trial
Free version
User corporate size
Small
Medium
Large
User industry
-

What is NetLease by Netgain

NetLease by Netgain is a lease accounting application designed to help organizations manage lease portfolios and produce accounting outputs aligned to ASC 842 and IFRS 16. It supports lease data capture, calculations (e.g., ROU asset and lease liability), and reporting workflows used by accounting and finance teams, often in coordination with real estate stakeholders. The product is positioned as part of Netgain’s accounting-focused software portfolio and is typically evaluated by teams that want lease accounting functionality with integrations to core finance systems.

pros

ASC 842 / IFRS 16 focus

NetLease is built around lease accounting requirements, including the calculations and schedules needed for compliance reporting. This focus can reduce reliance on spreadsheets for measurement and remeasurement events. It is generally a better fit for accounting-led implementations than tools primarily oriented to facilities or broader real estate operations.

Accounting workflow orientation

The product centers on finance and controllership workflows such as period close support, audit-ready reporting, and standardized lease record management. This orientation can help align lease administration with accounting controls and documentation practices. It can be advantageous for teams that prioritize accounting governance over full real estate lifecycle management.

Integration-friendly deployment model

NetLease is commonly implemented alongside ERP and general ledger environments, with an emphasis on moving lease accounting results into finance systems. This can streamline downstream journal entry preparation and reconciliation processes. For organizations standardizing on a finance systems stack, this approach can simplify operational handoffs between accounting and lease data owners.

cons

Limited real estate operations depth

Compared with enterprise real estate and facilities management suites, NetLease is less likely to cover space management, maintenance, capital project management, or broader workplace services in depth. Organizations seeking a single platform for both lease accounting and facilities operations may need additional systems. This can increase integration and data governance requirements across tools.

Portfolio complexity may require effort

Large portfolios with frequent amendments, complex payment structures, multi-currency terms, or embedded lease considerations can require careful configuration and disciplined data entry. Teams may need defined processes for change management and documentation to keep calculations accurate over time. Implementation effort can rise when lease abstraction quality is inconsistent across business units.

Reporting flexibility depends on setup

While lease accounting reporting is a core use case, organizations with highly customized management reporting needs may need additional configuration, exports, or BI tooling. Cross-functional reporting that blends accounting outputs with operational real estate metrics may be harder if those operational data elements are not managed in the same system. This can lead to parallel reporting processes for finance versus real estate stakeholders.

Plan & Pricing

Plan Price Key features & notes
Essential (1–10 leases) Free Unlimited users; U.S. GAAP, IFRS, GASB compliant; amortization schedules; CoPilot (OpenAI) and lease abstraction; lease modifications and early terminations; management, journal entry & disclosure reports. Source: vendor "Try NetLease for Free" signup page.
Pro $0 / year (as shown on vendor signup page) Unlimited users; same compliance/features as Essential; supports 250+ leases (page lists "250+ leases"); "Get Started" CTA shown. (Note: vendor page displays $0/year for Pro.)
Enterprise Contact us / Custom pricing Unlimited users; same core features; intended for large portfolios; contact sales for pricing and deployment details.

Seller details

Netgain Technologies, LLC
1984
Private
https://www.netgain.tech/
https://www.linkedin.com/company/netgain-technologies/

Tools by Netgain Technologies, LLC

NetLease by Netgain
NetAsset by Netgain

Popular categories

All categories