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Numeric Reviews & Product Details - Page 2

Numeric Overview

What is Numeric?

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

Numeric Details
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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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42 Numeric Reviews

4.8 out of 5
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42 Numeric Reviews
4.8 out of 5
42 Numeric Reviews
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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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.

Patrick S.
PS
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 a ton of great product offerings, from a basic close checklist all the way to advanced close management, balance sheet recs, and even an AI feature (that is not gimmicky at all). The team has made it easy to onboard, and their product is easy for my team and me to learn and use. Their integration to Netsuite was smooth and easy as well. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

I haven't come across much that I don't like about the tool. The company is still young, so there are some slight growing pains, but nothing that I would say is an actual con. Review collected by and hosted on G2.com.

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

Before Numeric, we were using a mixture of Google Sheets and Excel to manage our month-end close process, review documentation and balance sheet recons. We have been using Numeric for about a quarter now, and tracking close is so much easier, faster and better documented. I no longer have to worry about audit documentation related to close checklists, and manually calculating how recons, close timelines, etc. Review collected by and hosted on G2.com.

Lucas M.
LM
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 a great checklist feature to make monthly close an organized and trackable process across teams. I've been able to reduce my use of other external tools to keep track of monthly closing procedures. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

Sometimes I have a difficult time clicking through to the checklist feature of the app. After I get through, I see that it is actually a fairly intuitive click through process, but for some reason I don't get there quickly enough every month I get into the app. Review collected by and hosted on G2.com.

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

Our monthly close process has historically lived in written form only. Numeric organizes the process of close in a collaborative way so that everyone on the team can view the progress of close. Review collected by and hosted on G2.com.

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

Within one month-end close it was apparent to myself and the team that we now had a very useful piece of software.

I'd previously tried to control the period end via a series of spreadsheets for my team and had wasted a lot of time over the years, updating these spreadsheets and redesigning them as circumstances changed. This situation became unmanageable as our group of companies grew and the number of businesses I was expected to report on every month, went from three to seven.

Numeric allowed me to get a better handle on things. Suddenly, I had a piece of software that I'd spent years inadvertently trying to replicate. I wished I'd found it sooner. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

There's not really anything that I've found to dislike. Review collected by and hosted on G2.com.

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

Visibility of month-end close workload by company by user, which is invaluable. Team quickly came to value the software and there were no teething issues using it as it's easy to pick-up and learn. I now feel that we're in control of the month-end close process rather than the oter way around.

There are elements of the software that we're not using yet but that's solely down to our circumstances. We're planning on using the other parts of the software very soon i.e. Reconcile (control accounts) and Flux Analysis, which should both be very useful also. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
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 been an absolue game changer for our team. They have been consistently improving and adding features that I feel have made a positive impact on my tasks. For example, with the AI integration I found to be helpful when working on our monthly variance analysis. It saves you time from having to do the research all over again! Another positive experience I've had that truly sets them apart from other companies is their customer service. Whenever we've encountered issues or had questions, they've been remarkably quick to respond, particularly Anthony. The personalized support I've received has made us feel valued as a customer. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

Although I am happy with the AI integration, I feel that there are certain areas where the explanations can improve on. Other than that, I think we are still exploring and finding out how to best utilize all of Numeric's functions that they are consistently pushing out. Review collected by and hosted on G2.com.

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

None at the moment. Review collected by and hosted on G2.com.

SA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Numeric?

The best thing about using Numeric for month-end close is the efficiencies that the tool drives. Previously, my team maintained a close checklist in a Google sheet and spent a lot of time communicating between teammates to inform them that a task was completed or whether something needed to be revised. Now, we manage this seamlessly with the Numeric tool's Slack integration.

The tool is also very scaleable for when my team expands. Any changes to our checklist are very easy to make since the interface is user-friendly. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

I have no complaints with Numeric. I wish I discovered it sooner! The only suggestion I have is to maybe consider the option for a Slack notification when a task is approved. There's notifications for comments and rejections, but it would be nice for teammates to know that their task was signed off. Review collected by and hosted on G2.com.

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

Previously, we didn't have a consolidated source of truth for month-end close status, and communication was decentralized across the team. Now, my team knows they can always refer to our checklist in Numeric in order to push the process forward. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

a. ability to roll forward to new month

b. lock down old month and workpapers/links in the prior month

c. ability to add or modify preparers and reviewer as needed, tag certain members for callouts

d. ability to add comments, links, and workpapers within each task

e. ability to filter by Preparer/Reviewer to reduce the noise

f. ability to note entity for which task is related to (if you have subsidiaries/multiple companies this is helpful) Review collected by and hosted on G2.com.

What do you dislike about Numeric?

some improvements that I'd like to see are:

a. ability to alphabetize tasks instead of by section

b. ability to notate task as WIP instead of just Submit

c. better integration or links to the relevant section or JE in the accounting software Review collected by and hosted on G2.com.

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

Eliminated use of Excel checklist and there is ability to track when and who is responsible for what. This increases transparency and eventually helpful when going for an audit. Review collected by and hosted on G2.com.

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

Since using Numeric Essentials, we have seen the visibility around our month end close tasks increase greatly and allow us to track to our estimated close date. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

As Numeric Essentials sits separate to our actual month end tasks, there is occassions where we forget to update task completion in the software which in turn does not give a correct reflection of where the month is at. Review collected by and hosted on G2.com.

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

It gives us visibility into the month end process and being able to track if we will close within our expected deadlines. The AI assistant also helps provide information around any technical or tax queries we may have. Review collected by and hosted on G2.com.

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

Numeric has been incredibly helpful for my monthly accounting close and recurring task tracking. The AI tool within Numeric has been particularly valuable for my accounting research needs. Its efficiency in streamlining financial processes and providing accurate information has been a game-changer. Numeric's user-friendly interface, comprehensive features, and AI tool make it an exceptional tool for accounting professionals. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

I havent found anything that I dislike. I would say that they are a rapidly growing company so there are some features that they dont have yet, but they are constantly putting out new updates and adding features. Review collected by and hosted on G2.com.

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

Numeric solves the challenges of streamlining the accounting close process, tracking recurring tasks, and providing efficient accounting research capabilities. By addressing these problems, Numeric ultimately benefits you by improving efficiency, accuracy, and productivity in your accounting workflows. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
AH
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Numeric?

Extremely easy to use and get set up. Parker and team have been great to work with during set up. Gives great insight to close processes and is easy to use. Really clean interface and the team loves using it. Integrating it into our routine daily has been seamless. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

Nothing currently. Everything so far has been great. Review collected by and hosted on G2.com.

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

Close stakeholders have visibility now to where the finance team is during the close process. Centralized location for questions and review notes helps speed up close and tracking down answers. Review collected by and hosted on G2.com.