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NetAsset by Netgain
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NetAsset by Netgain Reviews & Product Details - Page 3

NetAsset by Netgain Overview

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
Languages Supported
English
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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.

Seller
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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NetAsset by Netgain Integrations

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Integration information sourced from real user reviews.

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
32 NetAsset by Netgain Reviews
4.9 out of 5

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
G2 reviews are authentic and verified.
Rich B.
RB
Outsourced Accounting Manager
Small-Business (50 or fewer emp.)
"The perfect software for fixed assets in NetSuite"
What do you like best about NetAsset by Netgain?

NetAsset provides all the structure and reporting that you want for your fixed assets, and integrates that into NetSuite flawlessly. I have used the NetSuite fixed asset module and another software, and neither one is able to work nearly as efficiently. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

There is not much to dislike. I do dislike that NetSutie themselves couldn't come up with something like this for their own fixed asset module, but credit to NetGain for filling the need. Review collected by and hosted on G2.com.

Kari A.
KA
Controller
Mid-Market (51-1000 emp.)
"We love NetGain!"
What do you like best about NetAsset by Netgain?

My favorite things about NetAsset is the ability to edit an asset and the ability to combine/transfer assets. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

So far, I have not found any downside to NetAsset. Review collected by and hosted on G2.com.

Verified User in Accounting
AA
Enterprise (> 1000 emp.)
"Great Product and Team!"
What do you like best about NetAsset by Netgain?

The implementation went well and the team at NetAsset is both helpful and knowledgable. Automating our fixed asset journal entries has streamlined our processes which in turn saves us time each month when going over the fixed assets and depreciation totals. We have also been able to make updates to previous records so that all items are consistent in our system. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

No complaints, everything worked well in the product and implementation. Review collected by and hosted on G2.com.

Verified User in Electrical/Electronic Manufacturing
UE
Mid-Market (51-1000 emp.)
"NetAsset simplifies the accounting for our fixed assets!"
What do you like best about NetAsset by Netgain?

It is all within NetSuite, so it simplifies the asset accounting process. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

Going through the available reports to see which one(s) will best suit our reporting needs. Review collected by and hosted on G2.com.

Don C.
DC
Vice President, Finance and Operations
Small-Business (50 or fewer emp.)
"Great Product for Fixed Asset Management"
What do you like best about NetAsset by Netgain?

NetAsset is simple and intuitive. We went from manually having to handle depreciation, to an automated solution that requires only two mouse clicks a month. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

No complaints so far, it's a great platform that just works. Review collected by and hosted on G2.com.

Meryl S.
MS
Accounting Manager
Enterprise (> 1000 emp.)
"Great product, fantastic reporting, responsive and knowledgeable support"
What do you like best about NetAsset by Netgain?

The product is what we require. Makes reporting for our auditors a breeze. Also am appreciative that 840 to 842 conversion will be simple. Far outranks competition Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

We have not yet found anything missing that is a problem for us. The support team provided individual workarounds for any particular issues that we have incountered Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Mid-Market (51-1000 emp.)
"Great product for Fixed Asset Management"
What do you like best about NetAsset by Netgain?

NetAsset is a great way to get out of Excel for Asset management. We have streamlined our additions and depreciation to be automatic vs manually tracked in Excel. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

The reporting could use some work - because there are so many reports to choose from it is sometimes unclear which is the best source of truth for audits. Review collected by and hosted on G2.com.

Verified User in Accounting
AA
Small-Business (50 or fewer emp.)
"Great"
What do you like best about NetAsset by Netgain?

The main reason we chose Net asset was that it is an embedded add-on for Netsuite. It is user friendly and its ability to set up the maintenance schedule, audit trial, customisable reports and tax schedules were some features that beat other systems Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

So far we have not experienced any problems Review collected by and hosted on G2.com.

Cody C.
CC
Accountant
Enterprise (> 1000 emp.)
"Native Adoption of Fixed Asset Management Tool"
What do you like best about NetAsset by Netgain?

NetAsset's straightforward Fixed Asset lifecycle management and native integration with Netsuite makes auditing and tracing individual capitalized fixed assets to the cost build-up seamless. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

The monthly pro-ration for amortization can be challenging to implement correctly. Review collected by and hosted on G2.com.

Verified User in Entertainment
AE
Mid-Market (51-1000 emp.)
"Embedded Add-On and Direct Postings to NetSuite are lifesavers"
What do you like best about NetAsset by Netgain?

The amortization schedule provides details that allows a clear view for the entire lifecycle of the Asset. Everyone is happy to see a standard format and view the entries, as well as any modifications and adjustments. The schedule posts automatically to the GL without any hassle. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

A slight learning curve but the product is amazing. Review collected by and hosted on G2.com.

Pricing

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NetAsset by Netgain