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Numeric Reviews & Product Details

LR
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

Numeric is a perfect tool to help me stay organized and be on top of my end-of-month tasks. With the easy view and functionality, it’s been a breeze using Numeric and has saved valuable time. It's always satisfying to watch my progress on my dashboard and see how I track the end-of-month closure and how everyone else on my team is doing. It’s also great that you can save all important notes, references, and anything else related to my assigned task. It is easy to search or filter for anything you are looking for in Numeric and, overall, very user-friendly. Numeric now is a tool in our team that we can't do month-end without. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

I can only think of a little as I generally find all working for what we need as a team. Review collected by and hosted on G2.com.

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

Definitely keeping track of the tasks that must be completed for the month-end closure and streamlining processes. Using Numeric, you can't miss anything because tasks assigned monthly will give the team an overview of what needs to be done before a specific time. Review collected by and hosted on G2.com.

Numeric Overview

What is Numeric?

Numeric is the simplest, fastest, most intuitive way of managing your month-end close.

Numeric Details
Languages Supported
English
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Product Description

Numeric supercharges accounting workflows, increasing speed through efficiency, building confidence through accuracy, and delivering insight through detail. Numeric provides accounting teams with a centralized view of their month-end close, so they can work faster and close sooner. More collaborative. More repeatable. More consistent. Numeric is where accounting teams work together and financial data comes together to find order.


Seller Details
Seller
Numeric
HQ Location
San Francisco, US
Twitter
@numeric_io
67 Twitter followers
LinkedIn® Page
www.linkedin.com
42 employees on LinkedIn®

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Recent Numeric Reviews

Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"The improvements the Numeric team has been rolling out regularly continue to impress me."
Numeric helped my team get organized quickly and easily. The implementation was painless, especially compared to other tools. We were up and runnin...
Vinn S.
VS
Vinn S.Mid-Market (51-1000 emp.)
5.0 out of 5
"Numeric enabled our team to more efficiently work through our month-end close process"
Numeric is most helpful as a project management tool. Our financial processes are complex but Numeric enables our team to work through tasks effici...
Anna L.
AL
Anna L.Mid-Market (51-1000 emp.)
4.5 out of 5
"Numeric feels really modern and easy to use interface"
Numeric has modern look to an accounting close management system. It is very easy to learn as a new user, it makes sense intuitively. I have previ...
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41 out of 42 Total Reviews for Numeric

4.8 out of 5
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41 out of 42 Total Reviews for Numeric
4.8 out of 5
41 out of 42 Total Reviews for Numeric
4.8 out of 5

Numeric Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for NumericQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Biotechnology
UB
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Numeric?

Numeric helped my team get organized quickly and easily. The implementation was painless, especially compared to other tools. We were up and running in a day, and our team grew with the product. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

While Numeric is a tool that helps us confidently close in an organized fashion, they have not yet rolled out the tools to help us move faster and automate tasks Review collected by and hosted on G2.com.

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

Numeric has helped us organize and adequately document our close, adding visibility to tasks and timing. All of which have helped us close our books more confidently. Review collected by and hosted on G2.com.

Anna L.
AL
Accounting Manager
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

Numeric has modern look to an accounting close management system. It is very easy to learn as a new user, it makes sense intuitively. I have previously used Blackline and Numeric presents the needed information in a simple format. Also the team is very responsive to meetings, teaching us anything new in Numeric, teaching us how to maximize Numeric's usesm, and listening to any suggestions. Numeric is able to pull information from NetSuite seamlessly and you can create your own report from it (similar to a Saved Search but easier to do in Numeric) and also you can create rules to read your transactions and alert you if any is off (Large transactions, items booked to certain accounts). Review collected by and hosted on G2.com.

What do you dislike about Numeric?

It is a newer player to market so there were some growing pains (e.g. speed at refreshing NetSuite) but we are able to communicate any concerns to Numeric and it is taken care of quickly. Review collected by and hosted on G2.com.

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

We used to track our monthly close checklist in an excel and have to roll it forward each month. It doesn't alert you if anything is behind or accidentally deleted. We also used to have so many separate spreadsheets to house our account reconciliations and having to download our account balances from NetSuite monthly (sometimes multiple times a month if we make adjusting entries) to an excel to perform account reconciliations. Review collected by and hosted on G2.com.

Pedro O.
PO
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

Guaranteed that Numeric will reduce your month close by at least 1 day, if not more. After using Numeric for just one month, our team was able to find what was causing friction in our close cycle and tackle those items head on. It's great having real time visibility on how month close is tracking and what items require immediate attention. Numeric just makes organization so easy. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

Seriously I have nothing to complain about. Review collected by and hosted on G2.com.

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

Real time visibility: Before it was difficult to estimate how a close was tracking. Now it is super clear and insightful to compare to prior months.

Creating accountability: The checklist is really dynamic and love the ability to assign different tasks to different team members. You can redelegate tasks quickly to balance out workloads

Organization: We've never been more organized with our month close workflow. You can link worksheets, links, references, etc. so that you don't have to dig around folders anymore Review collected by and hosted on G2.com.

Luke S.
LS
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

I love Numeric. One of the most important roles it plays for us is centralising checklists, team visibility, sheet linking and accounts reconciliation. Plus, incoming features on account reconciliation within numeric means we really will be able to ditch out the spreadsheets - Numeric will be pulling live transaction data from the accounts package, telling you that your recs need updating! Gamechanging!

To top it off the checklisting features are completely free, its a no brainer - I honestly wish this tool existed 10 years ago. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

So far I havnt really seen anything I dont like. Review collected by and hosted on G2.com.

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

Giving us central view on financial close and who in the team is doing what. It is also a repository of process and links to all the working files we use. I've place Numeric in 2 companies, and close times have reduced. Review collected by and hosted on G2.com.

Michael D.
MD
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

First off I am only using the Essentials tier of Numeric, so just have our close checklist imported into the system and using to track the flow of completing of accounting close tasks--which is working great! It is much of an improvement to have our close checklist in an online application. Tasks are grouped under headers which makes it much easier to view. There is an overview screen that shows you which tasks of yours are due/past due, which is a quick and great way to see what is priority and what you should be tackling at any given moment. When adding tasks, you can make them monthly, quaterly, or yearly tasks, and Numeric will only show the tasks for that period if they pertain to that period--so you wont have to manually filter out yearly or quarterly tasks if you're not working on a quarter/year end period. They automatically take into consideration holidays when calculating and displaying the due date. There is also automatic emails you can set up to go out on certain close days, like for reminding department heads to code their expense transactions and upload receipts. There is also some super helpful AI bots like a GAAP Bot to help with acounting questions, policy bot to help you write out policies, and a tax bot to answer tax specific questions. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

I wish the full tier was free ;). There are graphs and analytics that show what completion % you are in for the close and I find this to be very inaccurate and depicting the actual % completion done of the close. This is because this percentage assumes that each task is the same weight, which is never true. You can have one task that takes all day to complete, then have a task that takes 10 minutes to complete. I just ignore this % completetion and remind others to do the same. Review collected by and hosted on G2.com.

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

Better priority close task management flow

Automating recurring email reminders

Online collaborative close management platform Review collected by and hosted on G2.com.

Doug S.
DS
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

I love being able to see the full list of items that need to be completed throughout close, with the ability to add other users and assign them tasks. I also love the homepage dashboard showing you your progress against the scheduled completion dates and your previous month close - it's like a little game/competition to see if you can beat the schedule or your last close! It's also nice seeing your daily to do items (and if you work ahead, you can see what's coming up in the future on the next tab). If your close has many tasks to complete, it can be kind of overwhelming seeing a list of 100+ tasks, so having it broken out by day makes it seem much more manageable. The Slack integration, which provides you a daily overview of your current progress, has also been a nice feature. Gives the team a quick overview every morning of where we're at. Overall I absolutely love the product and can't wait to see it continue to evolve and grow over time! I can't see myself ever going back to a close without this tool now! We've managed to shave off almost a day (which is a huge win for us) solely thanks to this tool! Review collected by and hosted on G2.com.

What do you dislike about Numeric?

I honestly don't have anything to say here. The only small thing I would have liked to see is the ability to copy a task so you don't have to manually add a bunch of similar tasks manually (ex. if you have a task to complete a bank rec for bank account A, but you also have 10 other accounts to rec. I would have liked to be able to create that task and then click copy and just update the name or whatever). With that being said, the team at Numeric is always asking for feedback, so if there's ever something you don't like, they'll make an effort to hear your feedback and possibly add it to the platform. Review collected by and hosted on G2.com.

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

Having all things close related living in one system makes it so much easier for all parties involved with close to come and see where we're at with close. Before implementing this tool, we lived in excel files, and team members relied on slacking individuals to get a progress update, or to know what's been done and what's still open. Now there's no need for that. This very simple tool, has now gotten us so much more organized, and we've already been able to shave off just about a day with this - and that's only with the free version. We're looking to implement the full suite of features in the coming months, which I think will allow us to shave another day off! I'd also love to call out the AI bots that you can ask questions to. We used the policy bot once to whip up a policy for our auditors, and we've asked the GAAP bot several questions that we've relied on when working with our auditors! Review collected by and hosted on G2.com.

IM
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

Numeric is valuable in providing the tools to be collaborative across teams and within the accounting and finance teams. It is the best tool for month end close checklists we have used to date. We have tried other task list management systems and this provides the most functionality specifically for this need. It allows for collaboration, date setting, progress tracking and ability to upload documents and share comments within the system. We have truly enjoyed using this to stay on top of all the month close requires for each client and their specific company needs. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

There are still functions that need to be built out but the support team is incredibly responsive and helpful until that time comes. I cannot wait for more functionality as they build out their product. Review collected by and hosted on G2.com.

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

Numeric allows my team to communicate seamlessly, track progress and all the nuances of each client for each month close. We are more efficient in our close time and able to ensure we don't miss anything in any given period. Review collected by and hosted on G2.com.

Vinn S.
VS
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

Numeric is most helpful as a project management tool. Our financial processes are complex but Numeric enables our team to work through tasks efficiently Review collected by and hosted on G2.com.

What do you dislike about Numeric?

No downsides noted with our team's expereince with Numeric Review collected by and hosted on G2.com.

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

Numeric helps our team solve for timliness and accuracy of month-end close process Review collected by and hosted on G2.com.

JS
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

The most helpful tool from Numeric so far is the use of their month-end checklist which helps our team stays organized and complete close tasks efficiently. As their tools continue to develop, we see great upside with their ability to reconcile our key accounts and assist with our monthly reporting. Great customer service. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

As a Quickbooks Online user, some of the tools and enhancements are not yet avaiable for complete usage. We look forward to some of the improvements made to add value to our closing and reporting. Review collected by and hosted on G2.com.

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

Effieciency of financial close procedures. Review collected by and hosted on G2.com.

Amy J.
AJ
Senior Accountant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

I love how easy it is to use Numeric. You can see all of your tasks in one place, quickly check items off, and plan ahead what you still have remaining. I am coming from using a shared Google sheet to track our month-end duties, and using Numeric is 1000% better. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

At this time, there is nothing I dislike about Numeric. For what we use it for, it works perfectly! Absolutely no complaints. Review collected by and hosted on G2.com.

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

Numeric helps us solve the issue with organizing and keeping track of month-end duties. It allows me to be more productive by being able to have all my duties in one place, easily visible to all other stakeholders. Review collected by and hosted on G2.com.