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Numeric

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Company health

Employee growth
91% increase in the last year
Web traffic
135% increase in the last quarter
Financing
February 2024 - $10M

Ratings

G2
4.8/5
(42)

Numeric description

Numeric is a cloud-based accounting software designed for mid-sized and growing businesses in the US. It helps accounting teams manage their month-end close process more efficiently. Numeric uses artificial intelligence to automate tasks like account reconciliation, identify the causes of discrepancies in financial data, and generate reports. This allows finance teams to close their books faster, reduce errors, and get a clearer picture of their financial performance. Numeric integrates with existing accounting systems and promises a user-friendly experience.


Who is Numeric best for

Numeric is cloud-based accounting software designed for mid-sized businesses, especially in finance and technology. It uses AI to automate accounting tasks, helping teams close their books faster and with fewer errors. Users praise its user-friendly interface and seamless integrations, while some note occasional bugs and limited customization options.

  • Best fit for mid-sized businesses.

  • Ideal for finance and technology companies.


Numeric features

Supported

Numeric offers customizable dashboards and AI-powered reporting for visualizing progress.

Supported

Numeric uses AI to analyze fluctuations in financial data and explain key drivers.

Supported

Numeric integrates with accounting systems like Xero, enabling automated transaction creation.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Ease of Use

Strongly positive
+1

Reliability and Performance

Strongly positive
+1

Numeric reviews

We've summarised 42 Numeric reviews (Numeric G2 reviews) and summarised the main points below.

Pros of Numeric
  • User-friendly interface and easy navigation.
  • Streamlined month-end close process and task management.
  • Excellent customer support and responsiveness.
  • Seamless NetSuite integration.
  • Helpful AI tools for accounting research and policy creation.
Cons of Numeric
  • Occasional bugs and glitches require attention.
  • Limited customization for specific workflows.
  • QuickBooks Online integration needs improvement.
  • Inaccurate progress tracking in the free version.
  • Some reporting features are still under development.

Numeric pricing

The commentary is based on 4 reviews from Numeric G2 reviews.

Numeric offers onboarding and customer support with CPAs and a help center with training resources. The platform is SOC 1 and SOC 2 certified with SSO & SAML and end-to-end encryption for security.

See the Numeric pricing page.

  • Numeric has a free plan.

Starter
$30 per user/month

Project management for month-end, quarter-end, and year-end tasks, segregation of duties with preparers and reviewers, filtering and custom views of tasks, review notes and custom categories for tasks, Slack integration and daily digest, email request automations, technical AI assistant.

Growth
Custom

All Starter features, plus live ERP and file storage integration, auto-reconciliation and notification when an account no longer reconciles, AI-parsing of bank statements for reconciliation, flux analysis, CPA led onboarding and ongoing training.

Enterprise
Custom

All Starter and Growth features, plus ongoing transaction monitoring, custom reporting, unlimited flexible flux reporting, SAML (Okta, Duo, OneLogin, etc.)


Numeric alternatives

  • Logo of Jaz
    Jaz
    AI accounting automation for streamlined finances and clear insights.
    Read more
  • Logo of FloQast
    FloQast
    Close faster, reconcile smarter, automate accounting.
    Read more
  • Logo of iplicit
    iplicit
    Powerful cloud accounting, built for growth, delightfully simple.
    Read more
  • Logo of Drivetrain
    Drivetrain
    AI-powered financial planning and analysis for smarter decisions.
    Read more
  • Logo of AccountsIQ
    AccountsIQ
    Cloud accounting software simplifying complex finances for growing businesses.
    Read more
  • Logo of HubiFi
    HubiFi
    Automates accounting for high-volume businesses, simplifying complex finances.
    Read more

Numeric FAQ

  • What is Numeric and what does Numeric do?

    Numeric is cloud-based accounting software using AI to automate tasks like account reconciliation and reporting. It integrates with existing accounting systems, helping mid-sized businesses close their books faster and gain clearer financial insights. It's praised for its user-friendly interface and efficient month-end close process.

  • How does Numeric integrate with other tools?

    Numeric integrates with existing accounting systems, notably Xero, to enable automated transaction creation. It also offers seamless integration with NetSuite, streamlining workflows. However, users have noted that QuickBooks Online integration needs improvement.

  • What the main competitors of Numeric?

    Alternatives to Numeric include FloQast, Oracle Financial Consolidation and Close, and SoftLedger. These competitors offer similar features like automated close processes, reporting, and integrations with existing accounting systems.

  • Is Numeric legit?

    Numeric is considered a legitimate and safe accounting software. User reviews praise its user-friendly interface, efficient month-end close process, and excellent customer support. However, some users mention occasional bugs and limited customization options. Consider these factors when evaluating if Numeric is right for you.

  • How much does Numeric cost?

    I couldn't find pricing details for Numeric. For the most current pricing information, it's best to visit Numeric's website or contact their sales team directly. This will help you evaluate whether Numeric is worth the investment for your needs.

  • Is Numeric customer service good?

    Numeric's customer service is highly praised in reviews. Users describe the team as "great to work with," "very responsive," and offering "personalized support." They appreciate the team's openness to feedback and willingness to address concerns.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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