Numeric Features
What are the features of Numeric?
Reconciliation
- Consolidation
- Management
- Accounting
Reporting
- Report Types
- Standard
- Custom
Closing Process
- Audit
- Journal Entries
- Distribution
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Numeric Categories on G2
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Reconciliation
Consolidation | Based on 24 Numeric reviews. Data from multiple systems can be centralized into a single repository | 83% (Based on 24 reviews) | |
Management | As reported in 26 Numeric reviews. Financial information can be imported from multiple sources such as spreadsheets, text files, or databases | 96% (Based on 26 reviews) | |
Accounting | As reported in 26 Numeric reviews. Match invoices, payments, and bank statement information | 96% (Based on 26 reviews) |
Reporting
Report Types | As reported in 26 Numeric reviews. Provide multiple types of reports such as point-in-time snapshot reports, or year over year | 85% (Based on 26 reviews) | |
Standard | Offers standard financial reports out of the box 27 reviewers of Numeric have provided feedback on this feature. | 91% (Based on 27 reviews) | |
Custom | As reported in 24 Numeric reviews. Allows users to edit reports and to combine multiple reports | 87% (Based on 24 reviews) |
Closing Process
Audit | Based on 25 Numeric reviews. Creates workflows to assign tasks for audit and inspections, monitor work in progress, timelines, and approvals. | 93% (Based on 25 reviews) | |
Journal Entries | Based on 24 Numeric reviews. Adjusts journal entries in order to have an accurate balance sheet and income statement | 91% (Based on 24 reviews) | |
Distribution | Financial statements and statistical reports (such as KPI) can be assembled into financial packages This feature was mentioned in 23 Numeric reviews. | 86% (Based on 23 reviews) |
Reconciliation - Financial Reconciliation
Automation | Automates the process of comparing financial transactions between different accounts, statements, or systems | Not enough data | |
Bank Statements | Helps match transactions recorded in the company's books with those in the bank statement | Not enough data | |
Exceptions | Alerts users when exceptions and discrepencies can't automatically be resolved | Not enough data | |
Algorithms | Uses algorithms, such as rule-based matching, fuzzy logic, or machine learning techniques to help with comparing large sets of data | Not enough data |
Audit - Financial Reconciliation
Accuracy | Ensures that financial records are accurate and precise, reducing the chances of errors that could lead to audit issues | Not enough data | |
Compliance | Meets industry-specific compliance requirements and supports regulatory standards | Not enough data | |
Reporting | Offeres customizable reporting features to provide a clear overview of the financial reconciliation process and any issues that may need attention | Not enough data | |
Audit Trail | Provides a detailed history of reconciliations and supports the accuracy of financial records | Not enough data |
Integrations - Financial Reconciliation
Accounting | Integrates with accounting platforms to allow the import and reconciliation of financial data | Not enough data | |
Inventory | Integrates with inventory management systems to help reconcile financial data related to product movements, purchases, and sales | Not enough data | |
ERP | Integrates with ERP systems to reconcile financial data across various modules and departments | Not enough data | |
Banking | Integrates with banking systems to import and match bank transactions | Not enough data |
User Permissions and Security - Financial Reconciliation
Access | Offers role-based access control (RBAC) allowing administrators to define roles with specific sets of permissions | Not enough data | |
Authentication | Uses features such as multi-factor authentication (MFA) to help ensure that only authorized users can access the software | Not enough data | |
Encryption | Has encryption techniques to prevent unauthorized access or interception of data | Not enough data | |
Regulations | Complys with regulations and standards, such as Sarbanes-Oxley (SOX), GDPR, or HIPAA | Not enough data |
