NetLease

NetLease, offered by Netgain, is a purpose-built lease accounting solution fully embedded within Oracle NetSuite ERP. This software was developed to solve the complex challenges of lease management and compliance faced by organizations, whether managing just a handful of leases or a vast portfolio across multiple entities and jurisdictions. NetLease’s central value proposition is bringing total control and automation to lease accounting directly within NetSuite, eliminating the need for third-party integrations, manual spreadsheets, and disconnected financial processes. The foundation of NetLease lies in its rigorous compliance automation. Organizations must comply with ever-evolving lease accounting standards—ASC 842 in the United States, IFRS 16 internationally, and GASB 87 and GASB 96 for the public sector. NetLease automates lease classification, right-of-use asset management, amortization schedules, and lease liability calculations, ensuring that every transaction is consistent with current regulations. Whether preparing for an audit or optimizing the lease portfolio, users can rely on robust audit-ready disclosures and automated financial reports that provide real-time visibility into every lease. The platform’s single-click journal entry capabilities further remove friction from financial close processes, allowing teams to post transactions directly to NetSuite’s general ledger and automate AP reconciliations with confidence. Customization is a hallmark of NetLease. The system supports fully tailorable workflows, empowering organizations to align lease setup, approval, payment processing, and reporting with their unique business requirements. From initial onboarding to ongoing management, NetLease’s intuitive interface allows users to specify workflow steps, automate routine schedules, generate bespoke reports, and maintain full compliance without needing additional configuration or custom code—making it suitable for businesses with varied and changing lease structures. Fast setup is another strength; organizations can import lease data efficiently using CSV templates, supporting quick deployment even for companies with hundreds of leases. NetLease provides comprehensive lease reporting tools, enabling users to visualize portfolio performance, track right-of-use assets, and monitor liability exposure over time. These features support strategic decision-making by giving finance and operations leaders instant access to key metrics and variance analysis, promoting optimal utilization and cost control. Audit readiness is integral to the platform, with every report fashioned to meet the scrutiny of internal, external, and regulatory auditors. This reduces the risk of costly compliance breaches and expedites the audit cycle, allowing organizations to focus on innovation and growth. The seamless integration with NetSuite ERP is core to NetLease’s competitive edge. Unlike standalone lease accounting modules or external third-party solutions, NetLease operates natively within the NetSuite environment. Users can post transactions directly to the general ledger, synchronize lease information with procurement and accounts payable, and ensure data integrity across the organization’s entire financial stack. This deep integration streamlines workflows, reduces errors, and establishes a single source of truth for all lease-related data.

NetLease for NetSuite holds a strategic competitive edge in the lease accounting software market by offering a fully embedded, native solution within the NetSuite ERP ecosystem. Unlike many stand-alone lease management platforms that require cumbersome integrations and manual data transfers, NetLease is built directly into NetSuite, allowing users to manage every aspect of lease accounting in a single, unified financial environment. This integration means transactions post directly to NetSuite’s general ledger, accounts payable, and reporting modules, without affecting system performance or requiring external middleware. Finance teams benefit from real-time financial data, full transparency, and dramatically improved data integrity, setting NetLease apart from competitors relying on more fragmented architectures. Another defining advantage of NetLease is its deep automation of compliance with major accounting standards: ASC 842, IFRS 16, GASB 87, and GASB 96. The platform automates complex calculations—such as lease classification, right-of-use asset tracking, amortization schedules, and liability management—to ensure organizations are always compliant and audit-ready. Automated reporting and instant journal entries further reduce time spent on manual reconciliations, eliminate spreadsheet errors, and deliver clean, audit-ready records for both internal teams and external auditors. Meeting regulatory demands is simplified, even as standards evolve, so companies can scale confidently and avoid costly compliance risks. Customization and scalability are central to NetLease’s value proposition. Organizations can easily tailor workflows to match their unique business requirements, from initial lease setup and approvals to ongoing payment processing and reporting. Its fast onboarding via simple CSV imports empowers finance teams to deploy NetLease rapidly, whether managing five or five thousand leases. The solution grows with the business—supporting expansion, acquisitions, and new regulatory environments—without the need for labor-intensive configuration or third-party plug-ins.

• Small Businesses (1-99)
• Mid Market (100-500)
• Enterprise (500+)