Netgain Solutions Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Netgain Solutions Strengths, Domain Expertise, and Key Differentiators

Netgain is a distinguished partner within the SuiteCloud Developer Network, demonstrating a clear commitment to developing innovative, native NetSuite solutions specifically designed to tackle intricate finance and accounting challenges. With a foundation rooted in the realm of accounting, Netgain's primary objective revolves around streamlining, standardizing, and automating processes, placing a strong emphasis on stringent controls and comprehensive auditability. By leveraging their profound expertise, Netgain empowers organizations to optimize their financial operations while adhering to industry best practices and regulatory requirements.

Netgain Solutions Recent Developments

In October 2024, Netgain launched an enhanced version of NetAsset, its fixed asset management solution, designed to integrate seamlessly with any enterprise resource planning (ERP) system. This expansion allows modern accounting teams to leverage AI-powered automation and dynamic reporting to streamline asset management processes from acquisition to disposal. By eliminating manual errors and repetitive tasks, NetAsset ensures compliance with financial and tax regulations while providing a clear audit trail for enhanced collaboration between companies and accounting firms. With automated calculations for tax and book depreciation, the platform empowers accountants to reclaim time previously spent on tedious manual tasks, allowing them to focus on more strategic initiatives.

NetAsset introduces a range of advanced features to simplify fixed asset accounting. The platform includes AI-powered asset import for automated data entry, an AI chatbot for instant support, and dynamic centralized reporting for real-time visibility into asset portfolios. Additionally, QuickBooks integration and ERP connectivity enable users to seamlessly export journal entries and upload them into any ERP system. As a result, NetAsset serves as a comprehensive solution for companies managing large fixed asset portfolios and for accounting and advisory firms handling multiple clients. By consolidating all client data into one accessible system, NetAsset enhances audit efficiency, improves collaboration, and simplifies fixed asset management across organizations.

Netgain Solutions Mergers and Acquisitions (M&A) Activities

In March 2024, Netgain strengthened its position as a leader in modern accounting solutions with the acquisition of SuperSync, the NetSuite applications business of SCS Cloud. This strategic move expands Netgain’s capabilities, allowing it to offer enhanced data synchronization and automation for finance and accounting teams. SuperSync's cloud-based solutions, which include integrations for e-commerce, 3PL, CRM platforms, and procurement systems, are known for their affordability and ability to streamline data management for NetSuite users. By incorporating SuperSync’s technology, Netgain aims to reduce manual processes, improve financial accuracy, and empower accounting professionals to focus on high-value strategic initiatives instead of tedious reconciliation tasks.

Netgain's CEO, Adam Riches, emphasized that the acquisition represents a critical step in modernizing accounting workflows, ensuring that businesses can rely on accurate, automated solutions instead of manually processing data in spreadsheets. The integration of SuperSync's tools has already delivered substantial efficiency and cost savings, as seen in companies like Gorjana, which resolved a $4 million reconciliation issue thanks to SuperSync’s real-time inventory synchronization. Moving forward, Netgain and SuperSync will operate with a shared vision, providing unparalleled expertise to CFOs and finance teams navigating an increasingly complex financial landscape. While Netgain takes ownership of the SuperSync application product line, SCS Cloud will continue to offer its award-winning implementation and consulting services, ensuring ongoing support for its customer base.

Netgain Solutions Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Netgain Solutions applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Netgain Solutions and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Netlease, Netasset, Netloan, customers.

Netgain Solutions Key Enterprise and Cloud Applications

Netlease, Netasset, Netloan,

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Netgain Solutions Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Netgain Solutions Customers

No. of Netgain Solutions Customers: 7150

No. of Netgain Solutions Enterprise Applications Customers: 7150

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Netgain Solutions has garnered the trust of numerous private and public organizations worldwide. Some of their esteemed customers include JuiceLand, PluralSight, Stamps, Qumu, HealthStream, 3LS Incorporated, and many others. This broad customer base highlights the versatility and scalability of Netgain Solutions' offerings across different industries and verticals.

Netgain Solutions has particularly seen significant demand from NetSuite customers seeking solutions to comply with the new Lease Accounting Standards. While various third-party solutions are available in the market, NetSuite customers recognize the advantages of managing complex leases within the NetSuite platform, driving the adoption of Netgain Solutions' products.

Netgain Solutions Market Opportunities, M&A and Geo Expansions

In April 2024, Netgain secured a $35 million minority investment led by Summit Partners, a global growth investor. This funding will support product development, team expansion, and further automation of routine accounting tasks, reinforcing Netgain’s mission to modernize financial processes within the Office of the CFO.

The investment comes at a critical time, as the accounting industry faces labor shortages, increased regulatory oversight, and outdated technology that contribute to burnout among finance professionals. Netgain’s automated, transparent, and integrated solutions address these challenges, helping accounting teams work more efficiently and make data-driven business decisions.

As organizations across industries continue their digital transformation journeys, there is a growing demand for robust financial management solutions. Netgain Solutions can leverage its expertise in native NetSuite offerings to capture a significant share of this expanding market.

Netgain Solutions Risks and Challenges

Netgain is a SuiteCloud Developer Network partner focused on creating native NetSuite solutions that address complex finance and accounting challenges. At their core, they are accountants focused on simplifying, standardizing, and automating solutions with a focus on controls and auditability. The rapidly evolving regulatory landscape and changes in accounting standards pose challenges to financial solution providers like Netgain Solutions. Staying compliant and adapting quickly to new requirements is crucial to maintaining customer trust and satisfaction.

Netgain Solutions Ecosystem, Partners, Resellers and SI

In October 2024, Netgain expanded into the Asia-Pacific (APAC) region, marking a significant milestone in its global growth strategy with the opening of a new office in Sydney, Australia. This expansion will enable the company to deliver localized support, enhance service levels, and help accounting teams in the APAC region streamline operations with more timely and accurate financial data. CEO Adam Riches emphasized that Sydney’s business-friendly environment makes it an ideal hub for Netgain’s mission to modernize accounting and empower finance professionals with world-class technology.

The new Sydney office strengthens the company’s ability to serve both existing and new partners in the region, ensuring they benefit from innovative accounting solutions tailored to the demands of the global financial landscape. By bringing its expertise and cutting-edge technology to APAC, Netgain continues its mission to revolutionize the Office of the CFO on a global scale.

Netgain Solutions has forged partnerships with renowned organizations such as SCS Cloud, Myers-Holum, Connor Group, Effectus Group, Infosys, and Pointstar. These partnerships enable seamless integration with complementary technologies, allowing customers to leverage Netgain Solutions' products alongside other critical business systems.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: