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Numeric AI
Numeric Ai provides a centralized hub for managing the month-end close process. It automates recurring tasks, tracks progress, and ensures deadlines are met, enabling teams to close faster and more confidently. Numeric.io automates reconciliation processes, identifying discrepancies and flagging potential issues. Numeric Ai engine analyzes financial data and automatically generates initial drafts of flux explanations, identifying key drivers of variance. Numeric.io assists with complex technical accounting tasks, such as drafting policy memos and ensuring compliance with the latest accounting standards.
Numeric Ai Features
• Automatically draft flux explanations by drawing on data from underlying general ledger transactions, account trends, and previous explanations.
• Interact with their ERP data using a chat interface to ask questions and generate instant searches, reports, and visualizations; and
• Receive technical accounting guidance to generate GAAP-ready policies, supplemented with links to public company filings, details on practical expedients, and comparisons of different approaches.