NetLease
4.8
Description
NetLease is a native NetSuite SuiteApp designed to automate lease accounting processes and ensure compliance with ASC 842 and IFRS 16 standards. By embedding directly within your NetSuite environment, NetLease eliminates the complexities of in...
Use Cases
Key Features
- Accounting
- Multi-Currency
- Reporting/Analytics
- Amortization Schedule
- Document Management
- Compliance Management
Made For
Industries
- Retail
- Healthcare
- Manufacturing
- Financial Services
- Real Estate
Customer Segments
- Small Businesses
- Mid-size Businesses
Supported Platforms
- Web
- Mobile
Pros
- Seamless NetSuite Integration: Eliminates integration issues and data silos.
- Automated Compliance: Simplifies adherence to ASC 842 and IFRS 16 standards.
- Real-time Visibility: Provides instant access to lease data and reporting for informed decision-making.
Cons
- NetSuite Dependency: Requires a NetSuite subscription, limiting accessibility for non-NetSuite users.
- Potential Complexity: While automated, understanding lease accounting standards is still necessary for accurate data input.
LinkedIn
51-200 employees
@netgainsystems
1K-5K followers
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Current average rating is based on research conducted at Exafol