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NetClose by Netgain Reviews & Product Details - Page 3

NetClose by Netgain Overview

What is NetClose by Netgain?

NetClose for NetSuite: Where automation meets accuracy. Achieve a faster, error-free financial close every time. You deserve accuracy without overtime. Take the manual, repetitive tasks out of your financial close like amortizations, reconciliations, and flux analysis. Instead, pivot into making strategic decisions by automating your processes and utilizing the robust reporting and task management inside of NetClose. It's the ideal software solution if you’re striving for efficiency but aren't willing to compromise on accuracy. At Netgain, our commitment to delivering trustworthy visibility into the financial health of your business is at the very foundation of everything we do. We believe that with the right tools and processes, your accounting team can gain time back in their days so they can focus on what truly matters—confidently steering critical business decisions.

NetClose by Netgain Details
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Product Description

Save time by automating parts of the close process Automating (or even eliminating the need for) key steps in the accounting close process reduces the drudgery of reconciliations and assigns remaining tasks to relevant team members. Comprehensive workflow tracking helps team members use their time efficiently by prompting each task and linking to the relevant data within NetSuite when possible.


Seller Details
Company Website
Year Founded
2018
HQ Location
Englewood, Colorado, United States
Twitter
@netgainsolution
20 Twitter followers
LinkedIn® Page
www.linkedin.com
127 employees on LinkedIn®
Description

Netgain empowers accounting teams to eliminate broken and inefficient operations and gain back valuable time with modern technology and automation. We help businesses of all shapes and sizes to become more confident, more agile, and capable of rapidly coming to clear financial decisions fueled by accurate, precise financial insights. With Netgain, accounting teams evolve into strategic economic advisors, and businesses benefit from instant, actionable financial guidance.


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Overview Provided by:

Recent NetClose by Netgain Reviews

DR
David R.Small-Business (50 or fewer emp.)
5.0 out of 5
"Good product implimentation was smooth as silk"
Built on NetSuite and easy to use with smooth implementation. Netgain team works to solve issues and find solutions instead of others who just defa...
Martynas I.
MI
Martynas I.Mid-Market (51-1000 emp.)
4.5 out of 5
"NetClose is a great tool to manage the month-end close"
NetClose, seamlessly integrated with Netsuite, simplifies our month-end processes with its user-friendly interface. Implementing it was hassle-free...
Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"NetClose tracks our close process through Tasks"
Tracking the tasks that are open and to be completed.
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NetClose by Netgain Media

NetClose by Netgain Demo - See how NetClose can work for you
Fully customizable dashboard for one-glance reporting
NetClose by Netgain Demo - See how NetClose can work for you
See, organize and close tasks with built-in Kanban board
NetClose by Netgain Demo - See how NetClose can work for you
Step-by-step guide, comments and audit trail for every task
NetClose by Netgain Demo - See how NetClose can work for you
View status and reconciliations in one place
NetClose by Netgain Demo - See how NetClose can work for you
Account balances and activity are automatically brought in from GL
NetClose by Netgain Demo - See how NetClose can work for you
Create amortization records directly from transactions with easy modifications and write-offs
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29 NetClose by Netgain Reviews

4.7 out of 5
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29 NetClose by Netgain Reviews
4.7 out of 5
29 NetClose by Netgain Reviews
4.7 out of 5

NetClose by Netgain Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for NetClose by NetgainQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Accounting
UA
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about NetClose by Netgain?

I find the most helpul thing is seeing all of my closing tasks in one place and anyone in our group can see exactly where I am in my process at anytime. Review collected by and hosted on G2.com.

What do you dislike about NetClose by Netgain?

I haven't experieneced a downside while using NetClose. Review collected by and hosted on G2.com.

What problems is NetClose by Netgain solving and how is that benefiting you?

Keeping out team on track for closing and knowing where each of us are in the process at anytime. Review collected by and hosted on G2.com.

Verified User in Oil & Energy
AO
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about NetClose by Netgain?

Tracking the tasks that are open and to be completed. Review collected by and hosted on G2.com.

What do you dislike about NetClose by Netgain?

There have been a few hiccups with creating to tasks each month. however, the netgain team has been responsive and helped us to resolve them. Review collected by and hosted on G2.com.

What problems is NetClose by Netgain solving and how is that benefiting you?

It tracks our progress as we close the accounting month through the tasks Review collected by and hosted on G2.com.

NC
Accounting Manager
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about NetClose by Netgain?

First of all, let me say that NetGain is a wonderful company to work with. My company has implemented three of their products: NetAssets, NetLease, and NetClose. We had a great experience working with Tyler, the senior implementation consultant assigned to us, and some of the other team members. They are quick to respond, very knowledgeable, and always willing to figure out a tailored solution to fit the specific needs of the company.

We use Net Close for amortizations, reconciliations, and keeping track of close tasks. All the functions are straightforward and easy to use. We are still working on getting all team members to use the reconciliations, but we have used the other two functions for over half a year and are very happy with the products. The fact that it is fully integrated into NetSuite helps tremendously, we have access to theor knowledge base, and the helpdesk is very responsive as well. Overall, I am very happy with NetClose and NetGain in general. Would recommend them in a heartbeat. Review collected by and hosted on G2.com.

What do you dislike about NetClose by Netgain?

The dropdown menu for NetClose is slightly less intuitive than the other modules, but once you get used to it, it's easy to navigate. Review collected by and hosted on G2.com.

What problems is NetClose by Netgain solving and how is that benefiting you?

NetClose automated and simplified our prepaids process. Helped us keep a consistent close task list and move reconciliations into NetSuite from Excel Review collected by and hosted on G2.com.

AC
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Organic
What do you like best about NetClose by Netgain?

I love how smooth it makes the close process. Very efficient & user-friendly; it helps our team stay organized and transparent. Review collected by and hosted on G2.com.

What do you dislike about NetClose by Netgain?

If our processes change, the capability to delete previously ongoing tasks is not as easy as I'd hope. Review collected by and hosted on G2.com.

What problems is NetClose by Netgain solving and how is that benefiting you?

NetClose solves our timing issues, task assigments transparency, & check list of to-do. Review collected by and hosted on G2.com.

KG
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about NetClose by Netgain?

The locking capabilities - it allows us to lock specific users from the system during motnh end close which was an issue for us in the past. Review collected by and hosted on G2.com.

What do you dislike about NetClose by Netgain?

No dislikes at this time - still implementing parts of the tool for our organization. Review collected by and hosted on G2.com.

What problems is NetClose by Netgain solving and how is that benefiting you?

Close management for our growing organization and locking NetSuite at the end of the month to specific individuals Review collected by and hosted on G2.com.

Verified User in Entertainment
AE
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about NetClose by Netgain?

NetClose, particularly its Reconciliation process, makes my life much easier. We finally have a one-stop shop to keep track of our balance sheet reconciliations and the support needed for management and the audit. Its all in one place and I love it. Review collected by and hosted on G2.com.

What do you dislike about NetClose by Netgain?

The only thing i can say is that they are working on the ability to view reconciliations in reporting currency vs entity (local) currency. For now, its a minor blip, and still very easy to review entity by entity or account by account Review collected by and hosted on G2.com.

What problems is NetClose by Netgain solving and how is that benefiting you?

NetClose puts most of our close process directly into Netsuite and takes it out of Excel and several other places. Our balance sheet reconciliations focus on the "why" now and not the "what." Review collected by and hosted on G2.com.

Verified User in Hospitality
UH
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about NetClose by Netgain?

I like that NetClose is user friendly, and enabled a smooth integration and transition from our previous software/processes. Review collected by and hosted on G2.com.

What do you dislike about NetClose by Netgain?

I disliked the setup process of NetClose, but once through that, it was smooth. Review collected by and hosted on G2.com.

What problems is NetClose by Netgain solving and how is that benefiting you?

NetClose is allowing more automation of our close tasks Review collected by and hosted on G2.com.

Don C.
DC
Vice President, Finance and Operations
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about NetClose by Netgain?

NetClose closes the gap on missing ERP features. It makes closing the books a million times easier, from flux analysis to closing checklists, it covers it all. The amortization feature alone pays for itself every month. Review collected by and hosted on G2.com.

What do you dislike about NetClose by Netgain?

There is a slight learning curve to NetClose. However, NetGain is there every step of the way to ensure that the implementation goes off without a hitch. Review collected by and hosted on G2.com.

What problems is NetClose by Netgain solving and how is that benefiting you?

Amortizing transactions and simplifying the month-end process. Review collected by and hosted on G2.com.

Verified User in Hospitality
UH
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about NetClose by Netgain?

Ease of Use, Number of Features, Ease of Integration Review collected by and hosted on G2.com.

What do you dislike about NetClose by Netgain?

Pain points of transitioning to new system Review collected by and hosted on G2.com.

What problems is NetClose by Netgain solving and how is that benefiting you?

Reconciliations Review collected by and hosted on G2.com.