Question 1

What is Numeric?

Accepted Answer

Numeric is an **AI-powered close automation** tool designed to help accounting teams **organize their close**, **streamline reconciliations**, and **leverage AI** for tasks like **auto-drafted flux analysis** and **lightning-fast reporting**. It’s trusted by hundreds of teams to make financials **audit-ready** and **accurate** without the grind.

Question 2

What are the features of Numeric?

Accepted Answer

* **Close Management**: Organize your close, automate reconciliations, and use AI to reduce time on recurring tasks.
* **Smart Subledgers**: Automatically post journal entries and let AI handle adjustments.
* **Flux Analysis**: AI writes the first draft of flux explanations, querying your GL data for key drivers.
* **Technical Accounting**: Get strong first drafts for accounting policy memos and technical guidance.
* **Reporting & Analytics**: Pull flexible reports and monitor transactions with ease.

Question 3

What are the use cases of Numeric?

Accepted Answer

* **Month-End Close**: Speed up the close process with AI assistance.
* **Flux Analysis**: Automate variance explanations and uncover key drivers.
* **Technical Accounting**: Simplify complex accounting tasks with AI-generated drafts.
* **Audit Preparation**: Ensure financials are audit-ready with minimal manual effort.

Question 4

How to use Numeric?

Accepted Answer

1. **Sign Up**: Start by creating an account on Numeric’s platform.
2. **Connect Subledgers**: Integrate your existing systems for seamless data flow.
3. **Automate Tasks**: Use AI to handle reconciliations, flux analysis, and reporting.
4. **Review & Adjust**: Spend less time on manual tasks and more on impactful work.

Question 5

How does Numeric help with flux analysis?

Accepted Answer

Numeric uses AI to write the first draft of flux explanations, querying your GL data to identify key drivers of variance.

Question 6

Is Numeric suitable for small teams?

Accepted Answer

Yes, Numeric is designed to be easy to start with and powerful enough to scale as your team grows.

Question 7

Can Numeric integrate with existing systems?

Accepted Answer

Absolutely, Numeric integrates seamlessly with your current subledgers and accounting systems.