Numeric: AI-Powered Accounting & Financial Close Platform

Streamline Your Financial Close with Numeric

Numeric is an AI-powered accounting platform designed to help leading teams organize their financial close, streamline reconciliations, and generate faster, more accurate reporting. It leverages artificial intelligence to automate key processes, offering a modern approach to accounting that saves time and reduces errors. Numeric is tailored for finance teams looking to optimize their workflows and gain deeper insights into their financial data. It offers cross-platform advantages through its cloud-based accessibility, allowing teams to collaborate seamlessly from anywhere.

Key Features

• Automated Flux Analysis: Numeric automatically drafts flux analysis reports, identifying significant changes in financial data and highlighting areas that require further investigation. This saves countless hours of manual analysis.
• Streamlined Reconciliation: The platform simplifies the reconciliation process by matching transactions, flagging discrepancies, and providing a clear audit trail. This ensures data accuracy and compliance.
• Organized Financial Close: Numeric provides a central hub for managing all aspects of the financial close, from task assignments to document management. This ensures a consistent and efficient process.
• AI-powered journal entries: using AI to categorizing journal entries.

Pros & Cons of Using Numeric

Who is Using Numeric?

Numeric is primarily used by accounting and finance teams in mid-sized to large companies. Typical users include:

• Controllers: To oversee the financial close process and ensure accurate reporting.
• Accounting Managers: To manage day-to-day accounting operations and reconcile accounts.
• Financial Analysts: To analyze financial data and generate insights.

Creative use cases include startups leveraging the platform to build a scalable finance function and non-profits using it to improve transparency and accountability.

Numeric Pricing

Numeric offers various pricing plans tailored to different company sizes and needs. These plans typically include core features like automated reconciliation and reporting, with more advanced features available at higher tiers. A free trial or demo may be available. Contact Numeric directly for the most up-to-date pricing information, as pricing is subject to change.

Disclaimer: Pricing is subject to change. Please refer to Numeric's website for the most current information.

What Makes Numeric Unique?

Numeric stands out from other accounting software due to its AI-powered capabilities. The automated flux analysis and AI-recommended journal entries significantly reduce manual effort and improve accuracy. Its focus on streamlining the financial close process, combined with its user-friendly interface, makes it a valuable tool for finance teams seeking to optimize their workflows.

How We Rated It

Summary

Numeric is a powerful AI-driven accounting platform that benefits accounting and finance teams by automating key processes, improving accuracy, and enhancing collaboration. Its unique AI capabilities and focus on streamlining the financial close makes it a standout tool for companies looking to optimize their financial operations. Companies seeking efficient, accurate and insightful finance solutions would greatly benefit from using it.