Netgain was built by former Big 4 accountants to help accounting teams reclaim their time by eliminating inefficient workflows. Adam Riches and Nathan Smart founded the company in 2018 with a focus on building NetSuite-native solutions.
Our founders have decades of combined experience working in NetSuite and have seen how the platform gives businesses opportunities for growth and agility.
Businesses today have many options when it comes to enterprise resource planning (ERP) platforms, so why do we continue to design NetSuite-native accounting solutions here at Netgain? In this post, I share four reasons why.
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1. Adaptability is key
I probably don’t have to tell you that accounting is evolving quickly. Most accountants can feel that we’re living through an exciting time of change for the industry, with emerging technologies encouraging us to rethink processes, workflows, and the impact accountants can have on a business.
But however exciting, change can also bring challenges. As accounting technology evolves, it often feels like there’s no time to catch up with the latest trends.
This is why businesses need adaptable platforms that scale and grow with them. An agile ERP gives accounting teams the flexibility to incorporate new tools like AI, stay on top of regulatory standards, and adapt to changing business needs.
NetSuite provides this flexibility with its range of customizations through SuiteApps that enable businesses to tailor the platform. This empowers businesses to build the exact ERP they need today while leaving room to adapt to new needs tomorrow.
2. SuiteApps allow businesses to tailor the platform
The adaptability we just discussed is possible in part thanks to a wide range of SuiteApps developed by diverse companies. These SuiteApps provide solutions for different industries, like transportation and logistics, manufacturing, retail, nonprofits, government, and many more.
This unique approach means NetSuite is not a one-size-fits-all solution, but rather, a flexible platform that businesses can tailor to their processes and workflows. As one of these SuiteApp developers, we’ve seen first-hand how customizing their ERP with our embedded solutions helps accounting teams achieve their goals, from monthly close automation to compliance with leasing standards and beyond.
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3. Centralized data creates a single source of truth
Financial data is at the core of understanding and growing your business. But when this data is spread across platforms and spreadsheets, there’s no single source of truth to give you a snapshot of your business’ financial health.
During his time at NetSuite, Netgain CEO and Founder Adam Riches discovered the beauty and power of the unified database, and it remains at the heart of our offerings today.
Embedding our accounting solutions within NetSuite helps create this single source of truth, eliminating clunky integrations, unsynchronized data, and constant context switching.
For example, journal entries created in NetClose post directly to your general ledger in NetSuite, creating a reliable audit trail without the tedious manual tasks. This type of data synchronization gives businesses visibility into their financials and confidence in their data, allowing for informed decision-making.
4. Our missions align
We take our mission seriously here at Netgain, and we’ve seen this same dedication from NetSuite through our years of working together.
NetSuite’s mission is to deliver a unified and agile application that businesses can rely on to grow. Our mission at Netgain is to empower the office of the CFO with efficient accounting operations and crystal-clear visibility.
We feel aligned with NetSuite in this effort to give businesses reliable data and help them streamline processes. Our solutions are designed to help accountants work more efficiently so they can free themselves from manual work and provide strategic insight to help their businesses grow.
NetSuite and Netgain are accomplishing our missions together, and we have seen hundreds of users improve efficiency and gain visibility through the use of our embedded products.
Discover our NetSuite-native accounting solutions
A customized ERP gives accounting teams flexibility and better visibility into the company’s financials. This is one of the reasons 83 of the Forbes Cloud 100 companies choose NetSuite.
Our NetSuite-native accounting solutions contribute to this flexibility, providing embedded modules for lease accounting, fixed asset management, close accounting, cash reconciliation, and more.
We hear directly from our customers how our embedded solutions help them save time in the monthly close, centralize their data, better manage their leases, and achieve stress-free audits. And it’s these customer experiences that inspire us to continue building solutions that empower accountants with real-time data and simplified processes — all within NetSuite.
Take a tour of our products to discover how they help streamline accounting processes, or reach out to our team for a personalized demo.
