NetClose vs novacly
NetClose
netgain.tech
novacly
novacly.comSide by side
| Figure | NetClose | novacly |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| API | — | Yes |
| Plans published | 1 | 3 |
| Spec score · Financial Close Software | 7.5 (#12) | 7.5 (#13) |
| Reporting | NetClose generates close reports, including waterfall reports and detailed financial summaries. | Financial reports support entity, period, scenario, and layer selection, dimension filters, drill-down to source transactions, and Excel or PDF export. |
| Support | Every Netgain customer receives Base Support, with optional Enhanced and Platinum tiers that offer faster response times and additional support. | Beta users receive priority support with direct access to the team; the site also offers contact and demo options. |
Plans
novacly
- BetaFree
- Early adopter pricing (target)Price not published
- Launch pricing (target)Price not published
In their own words
novacly
Novacly is a financial close, consolidation, reporting and planning platform for finance teams managing 5–50+ entities. Close workflows include task templates, dependencies, deadlines, team assignments, status dashboards and activity audit trails. The platform imports trial balances from CSV, Excel or API sources and supports direct, split, formula and bypass transformation rules. Reports can be selected by entity, period, scenario and layer, filtered by dimensions, drilled down to source transactions, and exported to Excel or PDF. Planning covers driver-based plans, rolling forecasts, actuals-based seeding, cost allocations, and segment submission and approval workflows. An Excel add-in provides 11 custom formulas for retrieving financial data and refreshing it from Excel. AI can suggest account mappings, produce variance commentary, answer natural-language data queries and match intercompany items; users review and decide on its outputs. The maker says data is encrypted at rest with AES-256-GCM and in transit using TLS, with tenant isolation through PostgreSQL Row-Level Security. The product is in beta and has not completed formal compliance audits; the maker advises against using it as a system of record until certifications are achieved.