Numeric

Numeric is an AI‑powered accounting platform that automates and streamlines the month‑end close. It helps accounting teams manage the entire record‑to‑report cycle—from reconciliations and flux analysis to technical memos and financial reporting—within a single, cloud‑based workspace. Designed for mid‑to‑large enterprises and accounting firms, Numeric uses artificial intelligence to eliminate manual repetition, improve accuracy, and accelerate the close process so teams can deliver faster, audit‑ready results.

• AI‑Powered Automation: Automates repetitive close tasks like journal entry preparation, variance analysis, and report generation, learning from patterns to reduce manual effort.
• Smart Subledgers: Maintains subledgers automatically by applying schedules and posting adjustments, cutting down spreadsheet‑heavy work.
• Flux Analysis Tool: Drafts initial flux explanations using AI, enabling faster review of period‑over‑period changes and deeper financial insight.
• Technical Accounting AI: Generates first drafts of policy memos and technical documents grounded in current accounting standards (e.g., ASC 606, IFRS 16).
• Integrated Reporting & Analytics: Pulls data directly from your general ledger and subledgers to create dynamic, customizable financial reports and dashboards.
• Reconciliation Automation: Matches transactions, flags discrepancies, and suggests reconciling entries to speed up account reconciliations and maintain audit trails.

1. Start a Free Trial: Sign up on numeric.io and create a workspace for your team.
2. Connect Your ERP: Integrate Numeric with your general ledger (e.g., NetSuite) via native connectors or API; the platform maps your chart of accounts automatically.
3. Configure Subledgers & Schedules: Set up smart subledgers for areas like prepaids, accruals, or fixed assets, and define posting rules and amortization schedules.
4. Run AI‑Assisted Reconciliations: Launch reconciliation jobs; Numeric matches transactions, highlights exceptions, and suggests adjusting entries for review.
5. Review & Refine Flux Analysis: Open the flux analysis module to see AI‑drafted explanations for income statement and balance sheet variances, then edit or approve them.
6. Generate Reports & Lock the Period: Use integrated reporting to pull data into financial statements, dashboards, or Excel; all work is automatically documented for audit readiness. Finally, mark the period as closed.

Numeric offers a free trial so teams can evaluate all core features before committing. After the trial, it follows a tiered subscription model designed to fit different company sizes, transaction volumes, and feature needs. Typical tiers scale from essential close management and reconciliation to advanced modules like technical accounting AI and multi‑entity consolidation. For the most current pricing details and to see which plan matches your requirements, check the official Numeric website.

• Web Application: Full‑featured cloud‑based platform accessible via modern browsers; no desktop installation needed.
• API Access: REST APIs allow custom integrations, data extraction, and connection with bespoke internal tools.
• Excel Sync: Native add‑in or sync capabilities to link live close data with Excel for comfort‑based analysis and reconciliation.
• ERP Connectors: Pre‑built integrations with major ERP systems like NetSuite, pulling real‑time GL and subledger data.

• Trust but Verify AI Drafts: Always review AI‑generated flux narratives and policy memos; treat them as strong first drafts that need professional judgment.
• Clean Up Master Data First: Ensure your chart of accounts, entity structure, and ERP mappings are accurate before automation—quality inputs drive quality outputs.
• Schedule Recurring Auto‑Reconciliations: Set up daily or weekly automated checks for high‑volume accounts to catch discrepancies early, not just at month‑end.
• Use Excel Sync Wisely: Leverage the Excel compatibility for ad‑hoc analysis, but keep the system‑of‑record in Numeric to maintain a single source of truth.
• Build a Close Checklist in Numeric: Define a sequenced close calendar with tasks, owners, and deadlines; the platform tracks progress and flags blockers.
• Train the AI on Your Specifics: Consistently review and correct AI suggestions so the model learns your organization’s unique accounting treatments over time.

• Accounting Managers & Controllers in mid‑to‑large enterprises who need to cut close timelines and improve team output.
• Professional service firms (CPA firms, outsourced accounting) that manage multiple client month‑end closes and want unified oversight.
• CFOs & finance directors looking for real‑time visibility, reduced close stress, and a strong internal control framework for audit readiness.
• Tech‑embracing accountants who want to work smarter, not harder, by pairing their expertise with AI‑driven process automation.
• Startup finance teams that require a scalable close process as they transition from spreadsheets to a formal financial system.
• Non‑profit finance officers dealing with restricted funds and grant reporting who need automated reconciliation and transparent audit trails.