Overall, the implementation and use of this product has definitely met our expectations and our decision to select this product was a good one. Our NetLease team that we worked with were great. Their communication and attention to detail was some of the best I have worked with.

Integrating this product into our current accounting software was very important and the implementation was seamless. We were also looking for a product that made generating the lease schedules with historical data and future data easy to view, print, and use and this checked all of those boxes for us. Finally, being able to put together the necessary disclosures that we would need for our year end financials and audit was also something that we were looking for and found with NetLease.

The only hiccup we have found is the sometimes complication of customizing the standard reporting that comes with the software, however, it is something we have been able to navigate around.

Our overall experience has been exceptional. We also appreciate the responsiveness of the support center team. They coordinated with us in a timely manner to resolve any issues.

Our team appreciated the way that this software consolidated all of our leases and made reporting and month close seamless.

We had no complaints or negative experiences with this software.

Overall experience is a positive experience. Customer support has been great, even when we hit some bump in the road.

The implementation was pretty straight forward, be prepared to do a alot of data entry and lease contract review. we spent roughly 50 hours gathering all the information alone. The product itself is super easy to use and update items. It is a bit challenging to correct mistakes, so make sure you are 100% sure about the information before going live.The features we really find useful are the reconciliations reports, clearing accounts, automatic amortization, go live and reclass entries and the renewal reminders.

integration was not difficult at lot, this actually helped us improve out a process by streamlining some emails. The features that are lacking are automated reports and recons that could be sent straight to our email and the addons such as non-lease payment (if your are willing pay for it the free version lacks this feature)

We needed to solve the issue for how are we going to record our lease transactions each month with the adoption of ASC 842. Moving to NetLease solved our issue from manually recording and tracking to bringing our leases into one software for tracking, entering monthly entries and reporting

The ease of use of this software is incredible. From setup to modifications to monthly reporting it is all extremely easy and intuitive.

I haven't run into anything that needs improving

Because our company has fewer than 10 leases, we were not sure whether a system solution was worthwhile. However, NetLease implementation and ongoing integration have been worth every penny. It is glorious to not be using Excel to track leases, lease amendments, interest rates (our auditors appreciate this as well). We also transitioned from 840 to 842 under NetLease seamlessly. NetLease's integration with NetSuite, responsive customer support, and cost-effectiveness result in a whole-hearted recommendation for other companies looking.

PROS: (1) The software is integrated into NetSuite! Integration with NetSuite is incredibly helpful and makes the accounting process for leases seamless. (2) Having a system to calculate the amortization schedules, process amendments, and view all journals directly makes our company's lease accounting clean and auditable. We don't have to maintain manual spreadsheets that are error-prone. (3) Compared to other SuiteApps, the annual cost of NetSuite is very reasonable. It's by far the best money for time saved. (4) Customer service is great. Every time I have contacted support, they've reached out to me within about a day.

CONS: Some of the reports could be more customizable within the menu item. I usually have to save customized reports as a separate search/report.