Numeric
Automate financial close processes with AI-powered reconciliations and variance analysis
Overview
Numeric helps accounting teams automate tedious tasks like balance sheet reconciliations and financial variance analysis using AI. It streamlines month-end closures by automatically generating flux explanations and audit-ready reports. The platform lets lean teams focus on strategic work instead of manual data wrangling.
Key Features
AI Flux Analysis
Auto-generates variance explanations from GL data
Smart Reconciliations
Automates balance sheet reconciliations with AI assistance
Audit-Ready Reports
Produces compliant financial reports automatically
Technical Accounting AI
Drafts policy memos for ASC 606/842 compliance
Use Cases
Conduct balance sheet flux analysis
Automate account reconciliations
Draft technical accounting memos
Generate audit-ready financial reports
Manage month-end close workflows
Pros & Cons
Pros
- Reduces manual data entry through AI automation
- Centralizes entire close process in one platform
- Produces audit-ready documentation automatically
- Integrates with existing GL systems
Cons
- Primarily focused on accounting teams (not general finance)
- May require accounting expertise to fully utilize
Pricing Plans
Essentials
monthlyFeatures
- Basic transaction monitoring
- Standard reporting
- 5 active reconciliations
Professional
monthlyFeatures
- Advanced flux analysis
- Unlimited reconciliations
- Smart subledgers
- Priority support
Enterprise
yearlyFeatures
- Custom workflows
- Dedicated CSM
- SLA guarantees
- SOC 2 compliance
Pricing may have changed
For the most up-to-date pricing information, please visit the official website.
Visit websiteFrequently Asked Questions
How does Numeric help with flux analysis?
Automatically identifies variance drivers and drafts explanations using AI analysis of your general ledger data.
Is there a free version available?
Yes, the Essentials plan offers basic features for free with transaction limits.
Does Numeric help with technical accounting compliance?
Yes, the AI assists in drafting policy memos for ASC 606, stock-based comp, and other complex standards.
Reviews for Numeric
Alternatives of Numeric
Automate financial consolidation and reporting with AI-powered accounting
Automate financial operations to boost efficiency without new hires
Automate financial operations with AI-powered accounting
Simplify financial management with AI-driven insights and predictions