Aico Financial Close Platform vs NetClose
Aico Financial Close Platform
aico.aiNetClose
netgain.techSide by side
| Figure | Aico Financial Close Platform | NetClose |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| Plans published | 1 | 1 |
| Spec score · Financial Close Software | 7.5 (#11) | 7.5 (#12) |
| Founded | 2019 | 2018 |
| Purpose | Aico is a financial close platform designed to automate and streamline enterprise month-end close processes. | NetClose automates financial close work such as amortizations, reconciliations, and flux analysis for NetSuite users. |
| Security | Aico states that it is GDPR-compliant and SOC 2 certified and uses bank-grade encryption. | Netgain says it provides assurance through annual SOC reports. |
| Support | Aico describes customer service and ongoing support for organisations with complex finance processes as part of its offering. | Every Netgain customer receives Base Support, with optional Enhanced and Platinum tiers that offer faster response times and additional support. |
Plans
Aico Financial Close Platform
- Aico Financial Close PlatformPriced on request
In their own words
Aico Financial Close Platform
Aico Financial Close Platform is a web-based system for managing enterprise financial close work. It brings closing tasks, account reconciliations, journal entries, intercompany invoicing, transaction matching, financial requests, compliance tasks, manual payments, and account or variance monitoring into one platform. Enterprises can configure templates, workflows, approvals, and process rules, allowing finance teams to develop processes without IT. Dashboards show progress, completed tasks, bottlenecks, ownership, priorities, and performance across entities and teams. Reconciliation tools provide one-click automation, configurable templates, exception flags, audit trails, reporting, and approval workflows. Aico lists integrations for SAP, Oracle, Microsoft Dynamics 365, Unit4, IFS, Infor, Sage, Epicor, Workday, and Deltek, while other ERP systems can connect through standard methods. The platform supports multi-entity close, recurring templates, task dependencies, native ERP connectivity, and audit trails. It is aimed at large enterprises and complex finance teams. Pricing is on request.