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Numeric - AI Accounting Automation Analysis

Numeric – AI Accounting Automation Analysis

What is it? 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.

AI Categories: Finance, Spreadsheets, Workflows

Pricing Model: Contact for Pricing

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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.

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About Author

Alston Antony - AI Expert

This AI listing information is researched, verified, curated and published by Alston Antony who is AI expert from India/Sri Lanka. As the CEO of Web Wonder Works LLP and co-founder of Maxinium, he has over a decade of experience in software engineering and AI-driven marketing strategies. Alston holds a Master’s degree in Computer Software Engineering from the University of Greenwich and professional member in the British Computer Society (BCS), which underpin his expertise in AI, SEO optimization, and digital transformation.

Beyond his professional achievements, Alston is a passionate educator and thought leader. He has taught thousands of students through platforms like Udemy and built a thriving community of over 15,000 business owners where he shares actionable insights on digital marketing trends. His YouTube channel further amplifies his impact by offering tutorials on AI tools and their applications in marketing. With a deep commitment to innovation, Alston Antony continues to shape the future of AI in marketing, helping businesses unlock their full potential in the digital age.

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