Does NetLease by Netgain train AI on customer data?

We could not find a published NetLease by Netgain policy that says whether customer data is used to train AI models. Netgain's privacy policy and NetLease pages do not say whether customer lease data is used to train AI models. Its release notes say the abstraction feature is powered by ChatGPT but do not describe how data sent to it is handled.

Does NetLease by Netgain have SOC 2?

We could not find an official NetLease by Netgain statement about a SOC 2 report.

Which accounting systems does NetLease by Netgain integrate with?

NetLease by Netgain documents integrations with NetSuite and QuickBooks Online.

How much does NetLease by Netgain cost?

NetLease by Netgain does not publish prices; pricing is by quote.

What are alternatives to NetLease by Netgain?

Other lease accounting tools in this directory include Accruent Lucernex, Crunchafi, FinQuery, Monetary and MRI ProLease.

Record verified October 30, 2026

NetLease by Netgain

NetLease by Netgain is lease accounting software built inside NetSuite, with a version for other ERPs that connects to QuickBooks Online or exports journal entries to Excel. It covers ASC 842, IFRS 16, GASB 87 and 96 and FRS 102, and is used by companies and accounting firms. Its AI lease abstraction reads an uploaded lease and fills in the lease record, which a user reviews, completes and submits.

Vendor site: netgain.tech (opens in a new tab)Compare with another tool Embed this tool’s facts

SOC 2: Unconfirmed
Trains on customer data: Unconfirmed
Human review: Human review
Pricing: Quote only
Ledgers: QuickBooksNetSuite

What the AI does

AI lease abstraction reads an uploaded lease agreement and fills in the ASC 842 fields on the NetLease lease record
Saves a highlighted copy of the lease agreement to the lease record's Documents tab
Netgain's release notes say the abstraction feature is powered by ChatGPT
Users review the filled-in fields, add missing details and submit the lease

Summarized from netgain.tech.

Facts, checked against the source

Category: Lease accountingSource: netgain.tech (opens in a new tab)
Built for: CPA firmsSource: netgain.tech (opens in a new tab)
Ledger integrations: NetSuite, QuickBooks OnlineSource: netgain.tech (opens in a new tab)
Pricing: Not publishedThe vendor does not list prices publicly; pricing is by quote or sales contact.
Free plan: YesA free plan is listed on the vendor's site. A free trial does not count.Source: netgain.tech (opens in a new tab)
SOC 2: UnconfirmedWe could not find an official statement either way.
Trains on customer data: UnconfirmedNetgain's privacy policy and NetLease pages do not say whether customer lease data is used to train AI models. Its release notes say the abstraction feature is powered by ChatGPT but do not describe how data sent to it is handled.
Human review: Human reviewNetgain's NetLease abstraction post says users review the filled-in information, add missing details and submit it. The release notes that introduced the feature do not mention a review step.Source: netgain.tech (opens in a new tab)
Company: Privately held. Founded 2018, based in Englewood, COSource: summitpartners.com (opens in a new tab)
Funding: Last round: Minority investment, $35M, April 3, 2024Investors named: Summit PartnersSource: summitpartners.com (opens in a new tab)

Checked against the linked official source on the date shown.
Unconfirmed: we could not find an official statement.

Funding rounds

Rounds announced by the company or its lead investor. Amounts in US dollars.
Announced	Round	Amount	Led by	Source
April 3, 2024	Minority investment	$35M	Summit Partners	summitpartners.com

Sources

Official pages read for this listing on October 30, 2026. Vendors change their sites; if a page no longer says what we report, tell us and we will recheck it.

1 logged change to this listing, most recently October 30, 2026. See the changelog.

NetLease by Netgain questions

Does NetLease by Netgain train AI on customer data?: We could not find a published NetLease by Netgain policy that says whether customer data is used to train AI models. Netgain's privacy policy and NetLease pages do not say whether customer lease data is used to train AI models. Its release notes say the abstraction feature is powered by ChatGPT but do not describe how data sent to it is handled.
Does NetLease by Netgain have SOC 2?: We could not find an official NetLease by Netgain statement about a SOC 2 report.
Which accounting systems does NetLease by Netgain integrate with?: NetLease by Netgain documents integrations with NetSuite and QuickBooks Online.
How much does NetLease by Netgain cost?: NetLease by Netgain does not publish prices; pricing is by quote.
What are alternatives to NetLease by Netgain?: Other lease accounting tools in this directory include Accruent Lucernex, Crunchafi, FinQuery, Monetary and MRI ProLease.