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Netgain Introduces Groundbreaking Consolidation Accounting Software

In an exciting new development, Netgain has officially opened the beta phase for its innovative consolidation accounting software. The firm, known for powering the next generation of accounting professionals, is actively seeking a founding cohort of accounting leaders to help shape the software's features. Participants will collaborate closely with Netgain's product team throughout 2026, leading up to its anticipated public release in the first quarter of 2027.

Tackling Common Accounting Challenges

Consolidation has historically been one of the most challenging aspects of accounting, often relying heavily on spreadsheets and disparate systems. Organizations with intricate ownership structures frequently grapple with the limitations of traditional accounting platforms that weren't designed for handling complex consolidation processes. This results in tedious workarounds that create bottlenecks at every reporting period.

Common issues faced by accountants include:

• - Being confined to a single reporting hierarchy, which complicates the ability to present financial results from various perspectives.
• - Systems that assume complete ownership of all entities, leaving little flexibility for managing investments and non-controlling interests.
• - The headache of currency translation adjustments when consolidating figures across different currencies.
• - Reporting that fails to seamlessly connect these disparate elements, creating gaps in understanding.

Each of these pain points adds unnecessary manual work, lengthens the close process, and makes it challenging for leadership to confidently endorse financial results.

A Transparent and Efficient Solution

Netgain's new software is designed to directly address these frequent failures, placing transparency at its core. Unlike traditional systems that require teams to trust the numbers blindly, this innovative tool visualizes the entire process, allowing users to understand where each figure originates and how it has been calculated. The primary objective is to streamline the close process without adding significant time, enabling accountants to model their actual structures instead of reduced versions. Moreover, the software aims to provide a cost-effective alternative to the specialized consolidation tools that have long dominated the market.

Chris Miller, SVP of Product Strategy and Founder of Netgain, emphasizes the necessity of this new tool: "Consolidation remains one of the final bastions where accounting teams rely on spreadsheets, leading to inefficiencies in every close. Our aim is to create software that tackles the tough parts, and we want forward-thinking accountants to help us in this endeavor."

Target Audience

The software primarily caters to multi-entity organizations with genuinely complex ownership structures, such as those common in sectors like real estate, data centers, and solar energy. For controllers, the appeal lies in achieving a cleaner, faster close process. Meanwhile, CFOs can gain confidence in the financial numbers knowing exactly how they were derived.

Adam Riches, CEO and Founder of Netgain, expressed enthusiasm about addressing these persistent problems: "Consolidation has been arduous and costly for too long. By developing a transparent and flexible consolidation accounting solution, we empower accounting teams to focus less on reconciliation and more on the insights that only they can provide."

Join the Founding Cohort

As product development is currently underway, Netgain is inviting a select group of beta customers and partners to join the process until the end of 2026. Being part of the founding cohort allows these members to influence the product directly, ensuring it meets the unique needs of accounting professionals. Interested accounting leaders can request a demo to explore how they can join this exclusive opportunity.

About Netgain

Netgain is dedicated to transforming accounting operations by eliminating inefficiencies through modern technology and automation. With extensive expertise, the company assists businesses of all kinds in becoming more confident and agile, capable of making swift financial decisions based on accurate and reliable insights.