Cloud accounting software that automates bookkeeping, invoicing, and financial reporting for small and growing businesses.
Numeric
$30/mStarting price
62KMonthly visits
30Popularity
About Numeric
Numeric is an AI-powered tool designed to revolutionize the way accounting teams handle their month-end closes. At its core, Numeric focuses on automating and streamlining intricate accounting processes, including close management, reconciliation, and flux analysis. Tailored specifically for accounting professionals aiming to enhance efficiency and accuracy, Numeric simplifies complex tasks, ensuring teams can close faster and more confidently. Key Features: AI-Powered Automation: Numeric leverages artificial intelligence to automate repetitive tasks within the accounting cycle, from journal entries to financial reporting. Smart Subledgers: Reduces manual work in maintaining subledgers by applying schedules and posting adjustments automatically. Flux Analysis Tool: AI-driven tools draft initial flux explanations, allowing for faster and more insightful financial analysis. Technical Accounting AI: Assists in drafting policy memos and other technical documents, grounded in the latest accounting standards. Integrated Reporting & Analytics: Enables dynamic reporting capabilities that pull data directly from general ledgers to generate comprehensive financial reports. Numeric simplifies complex tasks, ensuring teams can close faster and more confidently. It is designed for mid to large-sized enterprises, accounting firms, financial controllers and CFOs, and tech-savvy accounting professionals. The tool offers a free trial period and a tiered pricing structure suitable for different sizes and types of businesses. Numeric stands out by providing a holistic, AI-assisted solution for the month-end financial close process.
Key features
- AI-Powered Automation
- Smart Subledgers
- Flux Analysis Tool
- Technical Accounting AI
- Integrated Reporting & Analytics
- User-friendly Interface
- Scalability
Use cases
- Mid to Large-Sized Enterprises: Employing Numeric for comprehensive financial reporting and faster closing periods.
- Accounting Firms: Leveraging the platform to manage multiple client accounts efficiently.
- Non-profit organizations utilize Numeric for grant and fund accounting; startups use it for rapid scalability in financial management.
Pros
- AI-powered automation for month-end close processes, including reconciliation and flux analysis
- Unified platform combining close management, cash management, and analytics for accounting teams
- Reduces manual work through automated journal entries, bank reconciliations, and transaction monitoring
- Provides real-time insights and dynamic reporting capabilities tailored for CFOs and accounting professionals
- Supports integration with general ledgers and thousands of banks worldwide
Cons
- May require initial setup and training for complex accounting workflows
- Limited visibility into customization options for highly specialized accounting needs
- Dependence on data quality from integrated systems for optimal performance
Numeric videos
Frequently asked questions about Numeric
What is Numeric and what does it do?
Numeric is an AI-powered accounting platform that automates month-end close processes, including reconciliation, journal entry automation, and flux analysis. It unifies close management, reporting, and cash operations for complex accounting teams.
Who should use Numeric?
Numeric is designed for mid to large-sized enterprises, accounting firms, financial controllers, CFOs, and tech-savvy accounting professionals seeking to streamline financial close processes.
How does Numeric integrate with existing accounting systems?
Numeric integrates with general ledgers and thousands of banks worldwide, enabling seamless data flow and automation across financial systems like NetSuite.
Can Numeric help with bank reconciliations?
Yes, Numeric offers cash management features, including automated bank reconciliation that can match up to 90% of transactions without manual intervention.
Does Numeric provide real-time financial insights?
Numeric delivers real-time insights by monitoring transactions and catching data issues before they impact the close process, enabling proactive decision-making.
How can I get started with Numeric?
Prospective users can schedule a demo through the Numeric website to explore its features and determine how it fits their accounting workflows.
Numeric Website Engagement
Last Update: 9 days ago
Total Monthly Visits
0
Bounce Rate
0%
Visit Duration (avg)
0.00s
Pages Per Visit
0
Country Rank
0
United States
Global Rank
0
Category Rank
#0
Finance
Monthly Traffic
Traffic Sources
Traffic Share By Country
- United States34.3%
- India9.8%
- United Kingdom4.4%
- Australia4.4%
- Vietnam4.3%
