Netgain Targets Spreadsheet-Heavy Accounting with New Consolidation Tool

Consolidation remains a persistent bottleneck for finance teams, often forcing them to rely on fragile spreadsheets or cumbersome bolt-on systems. These workarounds frequently falter when managing diverse reporting hierarchies, non-controlling interests, or intricate currency translations. Netgain intends to address these gaps by prioritizing transparency, allowing users to trace every figure back to its origin rather than relying on opaque, automated outputs.

Designed for real estate firms, data centers, and infrastructure companies, the software promises to streamline the close process without requiring the prohibitive costs associated with legacy specialized tools. Chris Miller, SVP of Product Strategy, noted that the company is prioritizing direct collaboration with practitioners to ensure the tool handles real-world complexities effectively. Interested accounting teams can join the development program through the end of 2026, with a full market release slated for the first quarter of 2027.