Black Owl Lease Accounting Solution vs. NetLease by Netgain

Black Owl Systems is a lease accounting software solution that helps organizations manage lease portfolios and maintain compliance with ASC 842, IFRS 16, and ASPE 3065. The platform centralizes lease data and documentation while automating critical accounting workflows such as journal entries, amortization schedules, rollforwards, and disclosure reports, reducing manual effort during month-end close.

Whether you're managing a few leases or hundreds, NetLease gives you the power to stay compliant with ASC 842, IFRS 16, GASB 87, and GASB 96 — right from NetSuite. No integration. No hassle. Just full control of your lease accounting. NetLease manages your lease accounting directly in your NetSuite instance. Easily input lease data and get built-in compliance to ASC 842, IFRS 16 and GASB 87. Reduce the cost and risk of managing leases while automating transaction postings all the way to the general ledger for serious time savings.