Get the accounting right for your lessor leases

NetLessor seamlessly automates lease revenue with invoicing and GAAP compliance for leases in native NetSuite

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We help you efficiently manage lease accounting
Automated
Audit-ready
Embedded
Assisted
Compliant
Actionable
Confidence
Secure
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Trusted by hundreds of public and
private organizations world-wide

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See NetLessor in action

Configurable dashboard for full
visibility

Automated creation of lease schedules

Everything is easily found on the lease record

Everything related to the lease is easily input, linked to, and displayed throughout NetLessor such as invoices issued, and payments received

Automated creation of invoices

Automated creation of journal entries

All lease modification types are fully supported

Non-lease charges are also included in the automatic invoice creation

Comprehensive reporting available
on day one

An all-in-one accounting solution for lessors

Full lease automation with transaction posting to the general ledger

Simply enter lease details and watch the calculations cascade. NetLessor automatically calculates, classifies, and generates invoices, taking the guesswork out of lease accounting. 

Complete reporting

View dozens of prebuilt reports including payment schedules, leases ending within 90 days, forecasted reports, lease payment waterfall and full amortization schedule details. From configuration to termination, and all the monthly transactions in between, you can make informed decisions using real-time information and forecast based on trends. 

Embedded in NetSuite

As a Native SuiteApp, NetLessor puts lease accounting and compliance where it should be — in your core financial system. Install NetLessor, and Netgain’s lease accounting processes and automation will be embedded into your NetSuite account, eliminating painful reconciliations, integrations and concerns about security and data integrity common with third-party apps.  

Native means no integration is needed

As a Native SuiteApp, no integration is necessary. NetLessor appears in NetSuite’s navigation and capably uses all its core functionality. 

Easy setup and flexible configuration

Getting started is simple. Collect your lease data and import via CSV into the familiar NetSuite user interface. Automation and compliance can be ready to go in days, not weeks or months.

One-click transition from ASC 840 to 842

We added a button that can recalculate your leases in bulk to the current standard.

Push-button reporting for FASB, IFRS and GASB disclosures

Out of the box reports for disclosures, roll-forward and forecasting are easy to run and always at the ready — including dashboard reporting, and key date notifications so you will never miss a renewal.  

Compliant with IFRS 16 and FASB ASC 842 requirements for lessee and lessor accounting

Purpose-built by ex-big 4 CPAs and experts in lease accounting to comply with the disclosure and operational requirements of the new account standards. We have customers audited by each of the big 4 audit firms, who have signed off on the accounting and disclosures produced by NetLessor. 

Supports lease reporting and decision making throughout the entire lease lifecycle

With all lease and operational data residing together within NetSuite, get instant access to combined reporting and analysis so you can choose what contracts to pursue, modify or renew

100% drill-down capability

All transactions and data are connected so you can tick and tie and link within NetSuite’s common database, including lease documentation, transaction details, vendor bills and system notes

Direct links between lease liabilities and right of use (ROU) assets

Your lease amortization schedule is captured in a single table with clear indications of how balances are sourced and calculated 

Integrated AP management

NetLessor is fully integrated into NetSuite’s accounts payable process, removing the disconnect between lease invoices and lease journal entries, and identifying payment errors in real-time. Say goodbye to the dreaded month-end lease payments reconciliation process.   

Robust end-to-end audit trail

Our click-by-click audit trail provides detailed tracking to easily create detective controls within your internal control environment. Includes time and date stamp, shows changes made and identifies the user who made them. 

Calculate and understand rates

See implicit rates and discount rates to better understand interest on lease income.

Netgain’s ongoing support

Quality set-up, implementation and training, guaranteed support responses, deep technical accounting expertise and optional consulting services mean Netgain’s customers are a satisfied group. We share our product roadmap with customers, outlining enhancements and new features, often based on user feedback. 

Backed by Oracle NetSuite

Built on Oracle NetSuite’s powerful platform, Netgain’s solutions are backed by the might of Oracle’s security and data management practices. No customer data is stored in NetLessor. 

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Video Demo

Watch a video demo

WATCH NOW

Get in touch with us

TALK TO SALES
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