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NetAsset by Netgain
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NetAsset by Netgain Reviews & Product Details

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NetAsset by Netgain Overview

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What is NetAsset by Netgain?

Netgain NetAsset is a fully integrated fixed asset management solution designed to simplify asset tracking, depreciation, and compliance directly within NetSuite. Built specifically for NetSuite users, NetAsset automates the entire asset lifecycle—from acquisition and depreciation scheduling to disposals and reporting—ensuring accuracy, efficiency, and compliance with tax and financial reporting requirements. By eliminating spreadsheets and manual processes, NetAsset helps businesses reduce errors, save time, and gain full visibility into their fixed asset portfolios. The system automates depreciation calculations using multiple methods, including straight-line, MACRS, and accelerated depreciation schedules, ensuring compliance with financial and tax regulations. With real-time tracking and automated journal entries that seamlessly integrate into NetSuite’s general ledger, finance teams can trust that their asset data remains accurate and up to date. As a native NetSuite solution, NetAsset works within NetSuite’s existing infrastructure, eliminating the need for external software or complex integrations. This ensures a seamless user experience, automated reporting, and a centralized source of truth for asset management. Businesses can also take advantage of comprehensive reporting tools, such as roll-forward reports, waterfall schedules, and audit-ready documentation, to support financial oversight and regulatory compliance. NetAsset is ideal for industries with complex asset portfolios, including manufacturing, construction, healthcare, retail, and energy, where fixed asset tracking and depreciation management are essential. Whether managing a handful of assets or thousands, NetAsset scales to meet the needs of growing businesses, providing automation and accuracy at every stage. With a 98% customer retention rate and trusted by accounting professionals worldwide, Netgain NetAsset simplifies fixed asset management, ensures compliance, and eliminates the inefficiencies of manual tracking.

NetAsset by Netgain Details
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Product Description
NetAsset is Netgain’s Advanced Fixed Asset Management tool, embedded in NetSuite, that enables your business to operationalize accounting, maintenance, insurance and claims, tracking and reporting throughout all aspects of the fixed asset lifecycle. CIP Build-Up functionality links costs to underlying projects or custom groupings in many-to-use relationships. Simplify tracking project costs and commitments against your budget by grouping all relevant costs into a single asset. NetAsset is a native NetSuite app that automates asset accounting, tracking and reporting by using the unified system to handle the complicated nuances of asset value to free up time and reduce error.
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Netgain Solutions
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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Reina Trejo

NetAsset by Netgain Integrations

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NetAsset by Netgain Media

NetAsset by Netgain Demo - Automated creation of journal entries
The journal entries and depreciation schedule updates are automatically performed after each modification
NetAsset by Netgain Demo - Asset modifications are fully supported
Asset modification such as revalue, dispose, transfer, build up and split are fully supported
NetAsset by Netgain Demo - Sophisticated asset build up from your clearing or CIP accounts
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32 NetAsset by Netgain Reviews

4.9 out of 5
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32 NetAsset by Netgain Reviews
4.9 out of 5
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4.9 out of 5
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NetAsset 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
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Lisa M.
LM
Controller and Sr. Accounting Manager
Mid-Market (51-1000 emp.)
"Efficient Solutions and Excellent Support: My NetGain Experience"
What do you like best about NetAsset by Netgain?

Our representative, Brooks, was wonderful to work with. He answered our questions timely and sought out solutions to our customizations. Fantastic! The software itself is much better and more robust than the module we bought with our NetSuite implementation. We will benefit greatly from being able to consolidate costs that trickle in over a period of time into one asset record. It is easy to use and the integration was seamless. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

The only issue I've had is a getting one report that provides all the information in one place I need to support our audit. We had to run a few reports and combine them. Our auditors need to know our beginning asset balance, the current year depreciation total and the ending balance along with the criteria necessary to test the calculation (e.g., in service date, useful life, etc.). I am a NetSuite Administrator so my experience with reports/searches are pretty good. Review collected by and hosted on G2.com.

AL
Financial Manager
Mid-Market (51-1000 emp.)
"Cloud based system for asset management!"
What do you like best about NetAsset by Netgain?

We provide consultations to clients and Netasset has really helped us out. Earlier we used to manage our client assets using spreadsheets which was very taxing job on ourself. The most important and necessary feature that i liked is calculating depreciation calculations , very accurate and follow all tax rules and compliances . Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

Nothing that bothered me and i really appreciate the customer support. Review collected by and hosted on G2.com.

Verified User in Leisure, Travel & Tourism
UL
Mid-Market (51-1000 emp.)
"NetAsset Implementation"
What do you like best about NetAsset by Netgain?

The most helpful thing about NetAsset is the developers. If you have a question or need someting fixed they are good at responding and helping implement the appropriate changes. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

I dislike how long the implementation took, but it was a combination of factors and was well worth it. Review collected by and hosted on G2.com.

SM
Mid-Market (51-1000 emp.)
"NetAsset"
What do you like best about NetAsset by Netgain?

We had implemented another FA software in Oct 2022 and the implementation and the software were both awful. That's when we reached out to NetGain about NetAsset. NetAsset has been able to help us get back up and running with our fixed assets. The amount of reports available with Fixed Assets is great, the ease of use of the software, and the customizations NetGain was able to add for us are all huge in our opinion! We have close to 23k assets, but the NetAsset implementation team didn't blink an eye when they saw how many we have and have been great in helping us get the system set up and with showing us how to use the system. We use the it daily since we are continuing to add new assets all the time and projects are constantly being completed and put into service. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

Haven't seen anything in it yet that we don't like. Review collected by and hosted on G2.com.

MR
Mid-Market (51-1000 emp.)
"Great Product and Implementation"
What do you like best about NetAsset by Netgain?

It's very easy to view future depreciation schedules either by a single asset or reprting on multiple assets. The implementation team were great (Allie and Austin) and very helpful, always responding quickly to queries and providing regular updates. I have found it much easier and more user friendly than the netsuite FAM module. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

The only feature which would be great for future would be a report showing depreciation posted for each month side by side as well as which posting period this was posted in (in case it differs from the NetAsset depreciation schedule). Review collected by and hosted on G2.com.

DM
Small-Business (50 or fewer emp.)
"NetAsset Implementation"
What do you like best about NetAsset by Netgain?

Asset organization is really nice. I like being able to have a sysetem track all assets and provide an audit trail so that the balances are secured. I like the automated process for asset rollforwards and depreication so that it removes the human error of calculating depreciation. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

My biggest complaint is the time that it takes to run entries when you have a large population of assets. Under 1,000 takes like 30 minutes, but more than that takes up to hours and makes it difficult to adjust/upload. Review collected by and hosted on G2.com.

David H.
DH
Director, Financial Systems
Mid-Market (51-1000 emp.)
"Transformative product, easy to use"
What do you like best about NetAsset by Netgain?

NetAsset is the easiest way to streamline your fixed assets report in NetSuite. It's super straightforward to implement, and it is very affordable. TLDR low effort, high impact Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

I'm really scraping the bottom of the barrel to find a criticism. We were referred to this tool by our auditors, so maybe they could try to partner with NetSuite for more advertising? Review collected by and hosted on G2.com.

MH
Controller
Mid-Market (51-1000 emp.)
"NetAsset is a gamechanger!"
What do you like best about NetAsset by Netgain?

NetAsset not only takes the manual depreication posting out of the mix, but also allows you to manage maintaining your assets, tracking the costs put into each asset, and the last time that it was serviced. This is so helpful when determining when to dispose of assets, continue repairing assets, etc. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

I dislike that it takes a while for it to "think" and post transactions, but that is to be expected with any system this smart. Review collected by and hosted on G2.com.

Jeremy L.
JL
Mid-Market (51-1000 emp.)
"Easy to use fixed asset module"
What do you like best about NetAsset by Netgain?

The implementation and onboarding process with NetAsset was excellent, and their knowledge base had everything we needed to operate. We did still rely on the support team to answer questions and walk us through their tool, and they did an excellent job of sharing their expertise in a timely manner. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

Nothing yet - the product has been great. Review collected by and hosted on G2.com.

Verified User in E-Learning
AE
Mid-Market (51-1000 emp.)
"NetAsset is cool! Are you?"
What do you like best about NetAsset by Netgain?

The process for me before NetAsset was very manual and tedious. With Netgain I saved myself a day of close! It is very user friendly and the time machine feature is really helpful. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

Nothing yet. Our agent Trevor was able to get us set up with some specific methods needed for our assets. Thanks Trevor! Review collected by and hosted on G2.com.

Pricing

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Categories on G2
Asset Tracking
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Pros and Cons Details
NetAsset by Netgain