What is Numeric?
Numeric is an AI-powered financial tool designed to simplify and automate the month-end close process for accounting teams. It acts as your AI assistant, handling tasks like balance sheet reconciliations, flux analysis, and technical accounting. By leveraging AI, Numeric helps teams close faster, reduce manual work, and ensure audit-ready financials. Think of it as your financial co-pilot, taking the grind out of accounting so you can focus on what truly matters.
Numeric Features
- Close Management: Organize and streamline your month-end close process with ease.
- Smart Subledgers: Automatically apply schedules, post journal entries, and handle adjustments.
- AI-Powered Flux Analysis: Let AI draft flux explanations by querying your GL data for key drivers.
- Technical Accounting AI: Get a strong first draft for accounting policy memos and technical documents.
- Reporting & Analytics: Pull flexible reports to get precise financial insights.
- Enterprise-Ready: Built to scale with your business, ensuring seamless integration and performance.
Numeric Use Cases
- Accounting Teams: Automate reconciliations and close faster with confidence.
- Controllers & CFOs: Gain better visibility and control over financial operations.
- Startups: Scale financial management rapidly without adding headcount.
- Non-Profits: Simplify grant and fund accounting with automated workflows.
- Example: A mid-sized enterprise uses Numeric to reduce its month-end close from 10 days to 5, freeing up time for strategic planning.
Conclusion
Numeric is a game-changer for accounting teams looking to modernize their financial close process. By automating repetitive tasks, providing AI-driven insights, and ensuring audit-ready accuracy, it empowers teams to work smarter, not harder. Whether you’re a startup scaling fast or an enterprise managing complex financials, Numeric is the tool that helps you close faster, with confidence. Ready to take the grind out of accounting? Numeric has your back.
