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NetClose by Netgain description
NetClose by Netgain is a financial close software designed for mid-sized to large businesses using NetSuite. It automates repetitive accounting tasks like reconciliations and reporting, reducing errors and overtime. This allows accounting teams to focus on strategic analysis and decision-making. NetClose aims to provide reliable financial visibility and improve efficiency without sacrificing accuracy.
What companies are using NetClose by Netgain?
Who is NetClose by Netgain best for
We find that NetClose by Netgain is ideal for NetSuite-based companies aiming to streamline their financial close. Users appreciate its ease of use, seamless NetSuite integration, and helpful task management. NetClose particularly shines in automating reconciliations and boosting efficiency. Keep in mind some users mention challenges in customizing tasks and managing subsidiaries.
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Perfect for mid-sized to large NetSuite users seeking streamlined financial close processes and automation.
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In our experience, NetClose is a great fit for companies in finance, banking, insurance, and software/IT using NetSuite.
NetClose by Netgain features
Supported Automated Close: Auto-reconciliation and workflow tracking make your monthly close faster. |
Supported Bank Reconciliation: Connect your bank and manage bank reconciliations seamlessly—all within NetSuite. |
Supported Asset Lifecycle Management: Ensure that every phase of an asset’s life is accounted for. |
Supported Lease Compliance: Easily comply with ASC 842, IFRS 16, and GASB 87. Automate and eliminate repetitive tasks. |
Supported Segregation of Duties: Close with confidence by enforcing segregation of duties. |
Supported Real-time Dashboards: Gain a comprehensive view of your financial close process with real-time dashboards. |
Supported Automated Matching: Automate the process of matching transactions between your bank statements and accounting records. |
Supported Financial Planning & Analysis: Get financial reporting, budgeting, forecasting, and more. |
NetClose by Netgain reviews
We've summarised 29 NetClose by Netgain reviews (NetClose by Netgain G2 reviews) and summarised the main points below.
- Easy to use and implement.
- Seamless NetSuite integration.
- Excellent customer support.
- Simplifies month-end close process.
- Helpful task management features.
- Difficult to alter tasks after personnel changes.
- Subsidiary management could be more robust.
- Reconciliation lists all subsidiary accounts, even unused ones.
- Dropdown menu is less intuitive than other modules.
- Limited ability to view reconciliations in reporting currency.
NetClose by Netgain pricing
The commentary is based on 2 reviews from NetClose by Netgain G2 reviews.
We find NetClose's pricing to be reasonable, especially considering the time saved during the financial close process. Users mention the amortization feature alone justifies the cost. The quick implementation also helps control overall project expenses.
Users sentiment
NetClose by Netgain alternatives
SAP Financial Closing CockpitAutomates and streamlines financial close, boosting accuracy and speed.Read more
NetClose by Netgain FAQ
NetClose by Netgain automates financial close processes for businesses using NetSuite. We find that it simplifies tasks like reconciliations and reporting, improves accuracy, and frees up your team for strategic work. It's ideal for mid-sized to large businesses wanting efficient financial management within NetSuite.
What is NetClose by Netgain and what does NetClose by Netgain do?
NetClose by Netgain automates financial close processes for businesses using NetSuite. We find that it simplifies tasks like reconciliations and reporting, improves accuracy, and frees up your team for strategic work. It's ideal for mid-sized to large businesses wanting efficient financial management within NetSuite.
NetClose integrates seamlessly with NetSuite, allowing for smooth data flow and automation of financial processes within the existing environment. We find this integration eliminates the need for separate systems and reduces manual data entry.
How does NetClose by Netgain integrate with other tools?
NetClose integrates seamlessly with NetSuite, allowing for smooth data flow and automation of financial processes within the existing environment. We find this integration eliminates the need for separate systems and reduces manual data entry.
We find that NetClose by Netgain's main competitors include FloQast, Trintech, and BlackLine, all offering automated solutions for financial close and reconciliation processes. Campfire is another close competitor, focusing on automating accounting and reporting within NetSuite.
What the main competitors of NetClose by Netgain?
We find that NetClose by Netgain's main competitors include FloQast, Trintech, and BlackLine, all offering automated solutions for financial close and reconciliation processes. Campfire is another close competitor, focusing on automating accounting and reporting within NetSuite.
NetClose by Netgain is a legitimate and safe software. It receives positive ratings on G2 and Glassdoor, and boasts strong website and employee growth. We find that users appreciate its ease of use and NetSuite integration.
Is NetClose by Netgain legit?
NetClose by Netgain is a legitimate and safe software. It receives positive ratings on G2 and Glassdoor, and boasts strong website and employee growth. We find that users appreciate its ease of use and NetSuite integration.
I'm sorry, but pricing information for NetClose by Netgain is not available at this time. We recommend contacting Netgain directly for detailed pricing information.
How much does NetClose by Netgain cost?
I'm sorry, but pricing information for NetClose by Netgain is not available at this time. We recommend contacting Netgain directly for detailed pricing information.
We find that NetClose by Netgain users consistently praise the customer support team for their responsiveness and helpfulness during implementation and ongoing use. Users mention the team's knowledge and willingness to find solutions.
Is NetClose by Netgain customer service good?
We find that NetClose by Netgain users consistently praise the customer support team for their responsiveness and helpfulness during implementation and ongoing use. Users mention the team's knowledge and willingness to find solutions.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.