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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.
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Best fit for mid-sized businesses.
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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. |
We evaluate the sentiment that users express about non-functional aspects of the software
Ease of Use
Reliability and Performance
Numeric reviews
We've summarised 42 Numeric reviews (Numeric G2 reviews) and summarised the main points below.
- 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.
- 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 a free tier with checklist and team visibility features. Many reviewers found the free version valuable, while some expressed interest in paid features like automated reconciliations. Upgrading unlocks additional analytics and reporting capabilities.
See the Numeric pricing page.
Numeric alternatives
Oracle Financial Consolidation and CloseBetter suited for larger enterprises. Has more momentum based on website traffic growth but slower employee growth. Users appreciate the automation and reporting features but dislike the complex interface and high cost.Read more
AchieveItBetter for strategic planning and execution across multiple departments. More suitable for larger organizations seeking enhanced team accountability and goal tracking. AchieveIt is growing faster than Numeric. Users appreciate AchieveIt's customer support and ease of use. However, some users find AchieveIt expensive and desire more customization and integrations. It is a strong AchieveIt alternative for strategic planning.Read more
FloQastBetter fit for larger enterprises. Has broader industry applicability. Grows slower and has lower rated reviews on Glassdoor. Users report slow refresh times and complex setup.Read more
XeroBetter for small to medium-sized businesses needing broader accounting features. More widely applicable across various industries. Negative pricing sentiment.Read more
RhythmBetter for strategic planning and execution. Focuses on goal setting, progress tracking, and team alignment. Caters to a wider range of company sizes. Has slower momentum.Read more
Glean.aiBetter for accounts payable automation and spend management. Glean.ai is more focused on invoice processing, approvals, and payments. It offers data analysis tools for spending insights.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
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.
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.