NetAsset by Netgain Reviews & Product Details

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.

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Netgain Solutions

Discussions

NetAsset by Netgain Community

Languages Supported

English

Solution Type

Best-of-Breed

Overview by

Reina Trejo

Value at a Glance

Averages based on real user reviews.

Time to Implement

2 months

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User Insights

Average based on 32 real user reviews.

Implementation Time

2 months

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Katie G.

Small-Business (50 or fewer emp.)

3/30/2023

"Great Tool!"

5/5

What do you like best about NetAsset by Netgain?

Very easy to use, can access straight from NetSuite and provides a detailed sub-ledger of your Fixed Asset data. Even better, the NetGain implementation will help get you set up for a successful Go-Live! Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

No down side at this point - we have had to create custom views based on our NetSuite set-up but NetGain has been open to development to help support our needs. Review collected by and hosted on G2.com.

Verified User in Medical Devices

Mid-Market (51-1000 emp.)

12/15/2022

"If you use NetSuite, getting NetAsset as add-on is a No Brainer! It is GREAT!"

5/5

What do you like best about NetAsset by Netgain?

Very user-friendly and easy to use. If you have any experience processing fixed assets, you could practically set it up on your own, it is that well laid out. Extremely customizable. Excellent functionality. Easy to make any asset modifications that come up. They offer additional books for Federal and State taxes. Even maintenance scheduling tracking. I've never seen a better implementation team. Amanda has been FANTASTIC! The Rocketlane layout is exceptional. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

It creates a separate depreciation expense JE for every asset. If you have a LOT of assets, it can be cumbersome to review. There is a Summary JE option, but it doesn't work with the standard reporting. Review collected by and hosted on G2.com.

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

The asset module that came with NetSuite was a joke, so getting a more robust asset software was a necessity. From previous experience, my first consideration was BNA which is one of the best FA softwares on the market. But it is a 3-rd party software, that doesn't fully integrate, and can be expensive. NetAsset has all the same features and functionality as BNA and is just as easy, if not easier, to use. The fact that it is just another sub-ledger within our existing accounting software is awesome. I love how it links to the AP Module so invoice copies are attached. The Reporting is excellent. Review collected by and hosted on G2.com.

Travis G.

Director, International Accounting

Enterprise (> 1000 emp.)

12/8/2022

"Great Product that does things Netsuite cannot do!"

4.5/5

What do you like best about NetAsset by Netgain?

Netasset by Netgain is a great product and closes the gaps Netsuite FAM has on functionality. But the best part of netasset is the reporting it provides. They have thought of everything, which includes rollforward reporting. This makes providing information to our auditors much easier. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

Some of the reports are relying on scripts which makes it tough to customize it to our needs. but support and our implementation person Brittley Eldridge have been great with responding to questions. Review collected by and hosted on G2.com.

Natalia C.

Accounting Manager

Mid-Market (51-1000 emp.)

11/30/2022

"Very intuitive and simple to use system"

5/5

What do you like best about NetAsset by Netgain?

We had a very god experience working with NetGain and, specifically, Tyler our implementation specialist. Our company implemented NetClose and NetAsset modules at the same time.

NetGain team was very helpful and responsive. They were always positive and incredibly knowledgeable. We hit a few snags along the way and Tyler always had a solution for us, helped us talk it through, and made a few custom adjustments to fit our needs. The company provided us with a good interactive page for tracking progress and accessing knowledge base. We were able to complete the project and go live in just a few weeks. We had a great time working with the NetGain team and are very happy with their products and employees. We decided to implement their NetLease module as well and would highly recommend them to anyone seeking to simplify and automate monthly workflow. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

We have been using the system for a short period so far, but we haven't found anything we dislike. Review collected by and hosted on G2.com.

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

We had approximately 1,000 assets maintained in an excel spreadsheet, over the course of several years. The transition to NetAsset made a drastic difference for us. Now with just a few simple steps the system creates schedules, books journal entries, and generates reports. Both products are very intuitive and fit seamlessly with the Net Suite platform. Review collected by and hosted on G2.com.

Leopoldina S.

Senior Accounting Manager _Project Owner for the implementation of Net Asset

Mid-Market (51-1000 emp.)

11/17/2022

"Clever designed embedded add-on for NetSuite Fixed Assets"

4/5

What do you like best about NetAsset by Netgain?

Making the processing of fixed assets much more comfortable and flexible as in FAM Module. I liked the Layout used for Assets, as you immediately get all the essential information on the initial page. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

So far, we do not have any negative issues to be mentioned. This solution is entirely suitable Review collected by and hosted on G2.com.

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

One essential feature is the possibility of adding costs to existing assets in an easy way. This is particularly important for our company as we have substantial assets recognized as Operating Equipment (e.g., Assembly lines). Furthermore, treating the assets under construction becomes easy with Net Asset. Review collected by and hosted on G2.com.

Catherine B.

Finance Manager

Enterprise (> 1000 emp.)

9/23/2022

"Makes Month End Easier"

5/5

What do you like best about NetAsset by Netgain?

- It's easy to use. The software creates and posts the Journal Entries for you as it is embedded in NetSuite.

- Has great reports. Has a roll-forward report that is perfect for monthly reconciliation. It has the reports needed for tax schedules. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

Nothing to dislike so far. It has been working great. Review collected by and hosted on G2.com.

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

-It is centralizing all our fixed assets in one location. Before we had multiple fixed assets schedules saved in various folders.

-It also makes reporting the taxes for the fixed assets easier and more accurate. It used to be hard to track down the information needed for the taxes, and we would miss items. Review collected by and hosted on G2.com.

June Y.

Corporate Controller

Mid-Market (51-1000 emp.)

10/19/2022

"NetAsset Nice Product"

5/5

What do you like best about NetAsset by Netgain?

We finally have an Assets sub-ledger to track our FA. Easy to use, flexible non financial fields, you can add as many as you like to track assets specification Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

We just implemented a month ago, and currently, it meets our need. Review collected by and hosted on G2.com.

Ethel I.

Mid-Market (51-1000 emp.)

2/2/2023

"An amazing experience. Trevor was truly amazing and always willing to help with my many questions."

5/5

What do you like best about NetAsset by Netgain?

Willingness to assist anytime I got stuck. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

Nothing. Trevor was amazing and very helpful. Review collected by and hosted on G2.com.

Josh P.

Controller

Mid-Market (51-1000 emp.)

9/13/2022

"Best Asset Solution for Netsuite"

5/5

What do you like best about NetAsset by Netgain?

NetSuite FAM app has serious limitations. Thankfully Netgain's NetAsset solved all my fixed asset needs within my NetSuite environment. Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

It is never fun to have to implement a new accounting solution. Fortunately, the net asset staff made the implementation fairly painless. Review collected by and hosted on G2.com.

Verified User in Accounting

Small-Business (50 or fewer emp.)

1/10/2023

"Excellent service from customer support"

5/5

What do you like best about NetAsset by Netgain?

View consolidated company data in one report Review collected by and hosted on G2.com.

What do you dislike about NetAsset by Netgain?

I do not dislike anything yet about the NetGain program Review collected by and hosted on G2.com.

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NetAsset by Netgain Features

Asset Tracking

Location - Asset Tracking

Status - Asset Tracking

History - Asset Tracking

Asset Definition

Asset Register - Asset Tracking

Relationships - Asset Tracking

Costs - Asset Tracking

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Asset Tracking

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NetAsset by Netgain Reviews & Product Details

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NetAsset by Netgain Reviews (32)

NetAsset by Netgain Reviews (32)

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