NetLease
NetLease is a specialized lease accounting software built natively on NetSuite to help you automate compliance with ASC 842, IFRS 16, and GASB 87 standards effortlessly.
Occupier
Occupier is a collaborative lease management and transaction tracking software designed to help commercial real estate teams and tenants manage their entire portfolio lifecycle in one place.
Quick Comparison
| Feature | NetLease | Occupier |
|---|---|---|
| Website | netgain.tech | occupier.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2017 | 2018 |
| Headquarters | Boulder, USA | New York, USA |
Overview
NetLease
NetLease is a dedicated lease accounting solution designed to simplify the complex transition to modern accounting standards like ASC 842 and IFRS 16. Because it is built natively on the NetSuite platform, you can manage your entire lease portfolio without ever leaving your primary ERP environment. This eliminates the need for manual data entry or external spreadsheets, ensuring your financial data remains synchronized and accurate across your organization.
You can automate the entire lease lifecycle from initial setup and right-of-use asset calculations to monthly journal entries and disclosure reporting. The software handles complex scenarios like lease modifications, terminations, and impairments automatically. By centralizing your lease data, you gain real-time visibility into your obligations and can generate audit-ready reports with a single click, saving your finance team hundreds of hours during year-end audits.
Occupier
Occupier provides a unified platform to manage your entire commercial real estate lifecycle, from site selection and transaction tracking to lease administration and ASC 842 compliance. You can stop relying on fragmented spreadsheets and instead centralize your portfolio data, ensuring your real estate, legal, and finance teams stay aligned on critical dates and financial obligations.
The software helps you automate complex lease accounting calculations and generate audit-ready reports with ease. By providing a single source of truth for your lease data, you can proactively manage renewals, track tenant improvement allowances, and make more informed decisions about your physical footprint. It is built specifically for tenants and occupiers rather than landlords, focusing on your operational needs and financial transparency.
Overview
NetLease Features
- Native NetSuite Integration Manage all your leases directly inside NetSuite to ensure a single source of truth for your financial data.
- Automated Journal Entries Generate monthly depreciation and interest expense entries automatically to keep your general ledger up to date without manual effort.
- Disclosure Reporting Produce audit-ready disclosure reports for ASC 842 and IFRS 16 instantly to satisfy your internal and external auditors.
- Lease Modification Tools Handle complex changes like renewals, terminations, or partial impairments with built-in wizards that recalculate schedules for you.
- Automated Payment Processing Link your lease schedules directly to accounts payable to automate vendor payments and ensure you never miss a deadline.
- Document Management Store original lease contracts and supporting documentation directly on the lease record for easy retrieval during audits.
Occupier Features
- Lease Administration. Centralize all your lease data and documents in one secure location to track critical dates, options, and financial obligations.
- ASC 842 Compliance. Automate your lease accounting workflows and generate journal entries and disclosure reports that meet modern auditing standards.
- Transaction Management. Track your entire real estate pipeline from initial site selection through LOI and final lease execution in a collaborative dashboard.
- Critical Date Alerts. Receive automated notifications for upcoming lease expirations, renewal options, and rent escalations so you never miss a deadline.
- Portfolio Analytics. Visualize your global real estate footprint and spend with interactive maps and data-driven insights to optimize your strategy.
- Collaborative Workflows. Invite your external brokers and internal stakeholders to collaborate on deals and approvals within a single, transparent environment.
Pricing Comparison
NetLease Pricing
Occupier Pricing
Pros & Cons
NetLease
Pros
- Eliminates manual data entry between systems
- Simplifies complex ASC 842 compliance tasks
- Provides real-time visibility into lease liabilities
- Reduces audit preparation time significantly
Cons
- Requires an existing NetSuite subscription
- Initial setup requires detailed lease data
- Custom pricing requires contacting sales
Occupier
Pros
- Intuitive interface makes lease data entry simple
- Excellent customer support during the implementation process
- Streamlines complex ASC 842 accounting calculations significantly
- Centralizes communication between brokers and internal teams
- Automated alerts prevent costly missed lease renewals
Cons
- Initial data migration requires significant time investment
- Custom reporting tools have a slight learning curve
- Pricing is not transparent for smaller organizations
- Limited functionality for residential property management needs