The AI-Native Platform for Accounting
Numeric is an AI-native platform designed to automate and streamline the record-to-report process for complex accounting teams. It unifies close management, reporting, and cash flow processes, leveraging artificial intelligence to enhance efficiency and accuracy in financial operations.
How Numeric Works
- Data Integration: The platform connects to various data sources, including ERP systems and bank feeds, to ingest transaction lines, memos, vendors, and other critical financial details. It also supports uploading documents and CSV files for parsing.
- Real-time Transaction Accounting: Numeric provides real-time visibility into financial data, offering alerts on transaction anomalies and matching transactions using AI-generated rules to ensure data integrity.
- Automated Close Processes: Core month-end close activities are automated, including account reconciliations, auto-drafting of flux explanations, and identification of key variance drivers. The system helps pinpoint bottlenecks to improve overall close performance.
- Custom Reporting & Collaboration: Users can build complex, flexible reports and automate commentary. The platform facilitates collaboration on management reporting, aiming to produce CFO-ready financial statements efficiently.
- AI-Powered Agents: Numeric allows users to leverage its MCP connector to build custom agents, enabling the automation of multi-step workflows and further streamlining accounting tasks.