Nominal Reviews 2025: Details, Pricing, & Features

Joshua R.

Controller

Mid-Market(51-1000 emp.)

Validated Reviewer

Verified Current User

Review source: Organic

Aug 02, 2024

"Nominal Automates Manual Tasks in a Customized Way!"

What do you like best about Nominal?

The ability of the system to automate routine, manual closing tasks and daily transactions is incredibly helpful in making the closing process more efficient and significantly reducing the opportunity for human error in accounting entries.

The customization aspect ensures the functionality is meeting our needs and working the way we need to close more timely. Review collected by and hosted on G2.com.

What do you dislike about Nominal?

The implementation of each new close area is a little time consuming as it requires a high level of diligence and review to ensure the automation is working in the way expected and there are no errors being made before setting the functions to automatically occur on an ongoing basis. Review collected by and hosted on G2.com.

What problems is Nominal solving and how is that benefiting you?

The business problem of having human capital waste time on routine, manual work that is prone to human errors as opposed to focusing on more analysis and strategic tasks that more directly increase value added by the team. CPS/Enterprise is helping reduce that time being spent by employees on these routine tasks to allow them to address other, higher priority issues or enhance efficiency in other areas. Review collected by and hosted on G2.com.

Show Less

Helpful?

Admin Approval Link

Nominal Overview

edit

What is Nominal?

Say goodbye to spreadsheet chaos and hello to streamlined efficiency. Nominal is the cloud-based, AI-powered financial operations platform built for mid-market companies and their accounting and finance teams. Nominal bridges the ERP gap with AI automation, turning business logic into AI-powered workflows so you can focus on strategy over spreadsheets. Our platform addresses critical challenges faced by mid-market companies: - Multi-entity Consolidation: Consolidate multiple entities and perform intercompany and elimination entries in minutes. - Close Management: Accelerate your month-end close with data-driven collaboration. - AI Generative Subledgers: Harness the power of AI to automate and streamline your subledgers, including prepaid expenses, leases, and fixed assets - Financial Data Lake: Access on-demand data that works for you. We're here to transform your financial operations, from multi-entity consolidation to month-end close - all without the headache of complex ERP customizations or endless Excel sprawl. Ready to excel without Excel? Discover how Nominal can be your new secret weapon in financial automation. Book a demo today and see how we're helping the smartest in finance move beyond spreadsheets.

Nominal Details

Discussions

Nominal Community

Languages Supported

English, French

Show LessShow More

Product Description

Nominal modernizes and automates accounting and financial management, providing robust reporting, multi-entity consolidation, workflow automation (including accruals and revenue), lease compliance (ASC 842/IFRS 16), period-end close collaboration, and much more. Nominal's generative subledgers transform business logic into actions and insights using Generative AI - without the need for costly engineering or lengthy IT projects. Our shadow-ledger is implemented in days, not months, and seamlessly integrates with existing general ledgers and ERPs.

Seller Details

Seller

Nominal

Year Founded

2023

HQ Location

New York, US

Twitter

@Nominal_SO
15 Twitter followers

LinkedIn® Page

www.linkedin.com
25 employees on LinkedIn®

Overview Provided by:

Guy Leibovitz

Recent Nominal Reviews

8/2/2024

Joshua R.Mid-Market (51-1000 emp.)

4.5 out of 5

"Nominal Automates Manual Tasks in a Customized Way!"

The ability of the system to automate routine, manual closing tasks and daily transactions is incredibly helpful in making the closing process more...

7/22/2024

Dikla S.Mid-Market (51-1000 emp.)

5.0 out of 5

"Nominal is worth every penny"

Nominal has been a game-changer for our finance team. The multi-entity consolidation is lightning-fast and the AI-powered workflows have eliminated...

This seller hasn't added their security information yet. Let them know that you'd like them to add it.

0 people requested security information

Nominal Media

G2 reviews are authentic and verified.

Here's how.

Dikla S.

VP finance

Jul 22, 2024

Nominal has been a game-changer for our finance team. The multi-entity consolidation is lightning-fast and the AI-powered workflows have eliminated many hours of manual work. Real-time reporting across all entities is a huge plus - we can make decisions and generate reporting so much quicker now. The close management feature has made our lives easier. Definitely recommend for any growing company juggling multiple entities. Review collected by and hosted on G2.com.

I don't have much to say here. There is a bit of a learning curve to Nominal, like any other software. Review collected by and hosted on G2.com.

Multi Entity Consolidation

Lease and prepayment automation

Period-Close Coloration Review collected by and hosted on G2.com.