Numeric raises $28M to build the next-gen financial data platform

Material Weaknesses — A Potential Obstacle to IPO Success

November 5, 2024

-

9

Min Read

Material Weaknesses — A Potential Obstacle to IPO Success

See why material weaknesses can derail your IPO process. Learn causes, prevention, and remediation strategies to secure your business's financial future.

Nigel Sapp

5 Common Accounting Bottlenecks on the Road to IPO

November 4, 2024

-

8

Min Read

5 Common Accounting Bottlenecks on the Road to IPO

See how to navigate the 5 most common accounting bottlenecks on the road to IPO, from ERP systems to financial controls.

Nigel Sapp

Looking to IPO? 3 Insights from the Connor Group’s Bay Area IPO Summit

October 23, 2024

-

4

Min Read

Looking to IPO? 3 Insights from the Connor Group’s Bay Area IPO Summit

Explore the insights from the 2024 Bay Area IPO Summit, where finance leaders, IPO advisors, and other experts spoke on the critical roles of accounting and AI in IPO readiness, and the importance of early equity management.

Parker Gilbert

Balancing the Books: Numeric’s Month End Close Primer

October 18, 2024

-

13

Min Read

Balancing the Books: Numeric’s Month End Close Primer

Confused by what is and isn't the month end close? We evaluate the key components with insights from accounting experts.

Nigel Sapp

10 Time-Saving Monitors to Build with Numeric

October 14, 2024

-

7

Min Read

10 Time-Saving Monitors to Build with Numeric

See how Numeric’s transaction monitors can streamline your month-end close with real-time NetSuite data insights.

Nigel Sapp

Numeric raises $28M to build the next-gen financial data platform

October 10, 2024

-

4

Min Read

Numeric raises $28M to build the next-gen financial data platform

Numeric has raised a $28 million Series A round led by Menlo Ventures, with participation from new investors IVP and Socii Capital, and existing investors Founders Fund, 8VC, Long Journey, Friends & Family Capital, Access Industries, and more.

Parker Gilbert

General Ledger Reconciliations: How to Conduct GL Recs

October 2, 2024

-

11

Min Read

General Ledger Reconciliations: How to Conduct GL Recs

General ledger reconciliation is the process of comparing the balances in a company's general ledger to supporting financial documents to ensure accuracy.

Nigel Sapp

What You Should Know Before Rolling Out An Accounting AI Tool

September 27, 2024

-

7

Min Read

What You Should Know Before Rolling Out An Accounting AI Tool

Preparing to bring an AI tool to your accounting team? See what key considerations are needed for successful implementation with expert insights from Numeric's solutions team.

Nigel Sapp

Minding the Gaps: How to Calculate Materiality Thresholds in Accounting

September 17, 2024

-

11

Min Read

Minding the Gaps: How to Calculate Materiality Thresholds in Accounting

Keep auditors, investors, and any other users of your company's financial statements on your good side with appropriate, well-structured materiality thresholds.

Nigel Sapp

FloQast Review: Should You Buy FloQast For Your Business?

September 13, 2024

-

6

Min Read

FloQast Review: Should You Buy FloQast For Your Business?

Learn about FloQast, how it works, and what it offers accounting teams. Read customer reviews and explore alternative solutions.

Nigel Sapp

9 “Suite” Spots Near SuiteWorld 2024

September 8, 2024

-

5

Min Read

9 “Suite” Spots Near SuiteWorld 2024

Numeric's list of great dessert spots near the 2024 SuiteWorld venue— options for every Controller, CFO, and accounting manager.

Tierney Pretzer

The Must-Have AI Tools for Accountants

August 23, 2024

-

7

Min Read

The Must-Have AI Tools for Accountants

Discover powerful AI tools that can help your accounting team streamline processes across the month-end, reduce manual tasks, and improve financial reporting.

Nigel Sapp

Ahead of the Game: How Accountants Can Implement AI Today

August 22, 2024

-

7

Min Read

Ahead of the Game: How Accountants Can Implement AI Today

Ready to implement AI on your team? This guide offers practical AI use cases tailored for teams at any level of AI expertise.

Nigel Sapp

The New Accountant Skillset: 4 Skills Accountants Will Need in the AI Era

August 22, 2024

-

6

Min Read

The New Accountant Skillset: 4 Skills Accountants Will Need in the AI Era

Accountants shouldn't be worried about competing with AI. Instead, this article shows the skills and expertise accountants should be more focused on developing.

Nigel Sapp

Numeric's Complete Guide to AI for Accountants

August 21, 2024

-

7

Min Read

Numeric's Complete Guide to AI for Accountants

This guide looks to answer any and all questions accountants might have about AI, from what it is to how they can implement AI tools into their workflows.

Nigel Sapp

How Accountants Can Manage Risks with AI

August 15, 2024

-

6

Min Read

How Accountants Can Manage Risks with AI

Concerned about AI implementation on your accounting team? In this article, we provide some key context for understanding AI's risk profile as well as best practices for mitigation.

Nigel Sapp

Complete Guide to Bank Reconciliation + 5 Steps Involved

August 13, 2024

-

9

Min Read

Complete Guide to Bank Reconciliation + 5 Steps Involved

Bank reconciliation is the process of matching a company's cash records with bank statements to identify discrepancies and ensure accurate financial records.

Nigel Sapp

The Balancing Act: A Full Rundown on the Balance Sheet Reconciliation Process

August 1, 2024

-

14

Min Read

The Balancing Act: A Full Rundown on the Balance Sheet Reconciliation Process

A comprehensive guide to understanding the ins & outs of balance sheet reconciliation, complete with examples, best practices, and more.

Nigel Sapp

ChatGPT Prompts + Tips for Accountants

July 30, 2024

-

10

Min Read

ChatGPT Prompts + Tips for Accountants

If you're looking to get the most out of your ChatGPT usage, this article explores the tips & techniques that turn ChatGPT into an accounting sidekick.

Nigel Sapp

A Comprehensive Approach to Account Reconciliation

July 25, 2024

-

12

Min Read

A Comprehensive Approach to Account Reconciliation

Account reconciliation involves comparing two sources to identify any differences or errors in an account.

Nigel Sapp

Back to the Basics: Easy AI Explanations for Accountants

July 17, 2024

-

8

Min Read

Back to the Basics: Easy AI Explanations for Accountants

This guide is your crash course in understanding some AI fundamentals. Learn AI terminology, what tasks AI is suited for, and how AI can help accountants.

Nigel Sapp

Understanding Fixed Asset Reconciliation: A Step-by-Step Guide

July 12, 2024

-

12

Min Read

Understanding Fixed Asset Reconciliation: A Step-by-Step Guide

Fixed asset reconciliation requires comparing the GL trial balance to your fixed asset workpaper. Read the full guide on fixed asset count & reconciliation.

Nigel Sapp

The Startup CFO’s Primer: Audits, Technology, and Making an Impact

June 11, 2024

-

8

Min Read

The Startup CFO’s Primer: Audits, Technology, and Making an Impact

A guide for the start-up CFO: Learn how you can navigate audits, hire the right talent, and balance FP&A, management, and accounting responsibilities.

Parker Gilbert

Ultimate Guide to Accounts Receivable Reconciliation

May 22, 2024

-

7

Min Read

Ultimate Guide to Accounts Receivable Reconciliation

A/R reconciliation involves ongoing recs applying payments to invoices and comparing the A/R GL balance to the total of unpaid customer billings at month-end.

Tierney Pretzer

Will AI Replace Accountants? Why This Question Misses the Mark

May 13, 2024

-

7

Min Read

Will AI Replace Accountants? Why This Question Misses the Mark

Will AI replace accountants? In this article, we explain what role that AI will (and won't) play in the future of accounting.

Parker Gilbert

Numeric Raises $10M to Transform Accounting with AI

May 7, 2024

-

4

Min Read

Numeric Raises $10M to Transform Accounting with AI

We're excited to share we've raised $10 million in funding from leading investors.

Parker Gilbert

Everything You Need to Know About Accounts Payable Reconciliation

May 1, 2024

-

8

Min Read

Everything You Need to Know About Accounts Payable Reconciliation

Our guide to accounts payable reconciliation covers the basics, step-by-step processes, and tactical tips.

Tierney Pretzer

9 Signs You Should Migrate ERPs

April 19, 2024

-

7

Min Read

9 Signs You Should Migrate ERPs

When is it time to transition ERPs? We outline key signals that you may need to switch.

Sara Dickinson

Solving the Accountant Shortage: Leaning on AI is Key

March 28, 2024

-

6

Min Read

Solving the Accountant Shortage: Leaning on AI is Key

There are too few accountants. We walk through what's driving the shortage and what needs to change to solve it.

Parker Gilbert

Making the Leap From Controller to Solutions Consultant: Predictable to Flexible

March 26, 2024

-

6

Min Read

Making the Leap From Controller to Solutions Consultant: Predictable to Flexible

I spent over a decade in Controller and accounting advisory roles. Then, I made the leap to join Numeric as a Solutions Lead. Here's what I've learned.

Connor Foran

The First Day, Week, and Two Months: How to Seamlessly Onboard Your New Accounting Team Member

March 19, 2024

-

7

Min Read

The First Day, Week, and Two Months: How to Seamlessly Onboard Your New Accounting Team Member

Share your month-end close checklist, accounting policies, and create a welcome pack. Dive into how you can nail onboarding for your new accounting hire.

Parker Gilbert

5 Questions You Should Ask When Building Out An Accounting Tech Stack

March 11, 2024

-

6

Min Read

5 Questions You Should Ask When Building Out An Accounting Tech Stack

What's breaking and where is your team losing time? How should you think about incumbents versus up & comers? We breakdown 5 key questions to ask.

Tierney Pretzer

What Really Is The Month-end Close (And What’s Just Fine To Do at Quarter-end)

March 6, 2024

-

5

Min Read

What Really Is The Month-end Close (And What’s Just Fine To Do at Quarter-end)

The textbook definition of the month-end close isn’t useful. We walkthrough tactically how to decide what should be done at month-end versus quarter or year-end.

Tierney Pretzer

The Tools You Need in Your 2024 Accounting Tech Stack

February 29, 2024

-

7

Min Read

The Tools You Need in Your 2024 Accounting Tech Stack

In this comprehensive guide, we outline key tools to consider to cover your bases and for specific workflows like commissions, sales tax, and lease accounting tools.

Tierney Pretzer

How to Reconcile in Xero

February 16, 2024

-

9

Min Read

How to Reconcile in Xero

Master the art of reconciliation in Xero with our comprehensive guide. Learn step-by-step how to reconcile both bank and non-bank accounts effortlessly, leveraging Xero apps like Numeric for a seamless month-end close.

Daniela Andreevska

Finding Your Perfect (Audit) Match: Best Practices for Choosing the Right Auditor

February 14, 2024

-

11

Min Read

Finding Your Perfect (Audit) Match: Best Practices for Choosing the Right Auditor

Great communication, aligned timeline and stage — choosing auditor and life partner actually have some things in common. We outline questions to ask auditors and how to best evaluate.

Tierney Pretzer

FloQast Pricing: Costs, Plans and Terms

February 12, 2024

-

8

Min Read

FloQast Pricing: Costs, Plans and Terms

FloQast pricing is based on user count, products, ERP integration, and implementation fees. Read our guide for details on plans, typical terms, and more.

Daniela Andreevska

Our Engineering Tool Stack as an Early-stage Startup

February 7, 2024

-

4

Min Read

Our Engineering Tool Stack as an Early-stage Startup

In building our tech stack, where possible we've optimized for tools that keep infrastructure simple and empower individuals to solve their own problems.

Andrew Bihl

Month-End Close Process on Xero

February 1, 2024

-

6

Min Read

Month-End Close Process on Xero

In this article, we’ll look at the Xero month-end close process, handling reconciliations with Xero, and how Xero app Numeric can help manage the month-end close and non-bank reconciliation management.

Daniela Andreevska

Data and Empathy: The Keys to Great Accounting and FP&A Relationships

January 31, 2024

-

9

Min Read

Data and Empathy: The Keys to Great Accounting and FP&A Relationships

The backbone of all Finance organizations is a healthy FP&A and Accounting relationship. We walk through practical tips to reduce friction and align both teams.

Parker Gilbert

The ABCs of SBC: Your Guide to Accounting for Stock-Based Comp

January 30, 2024

-

15

Min Read

The ABCs of SBC: Your Guide to Accounting for Stock-Based Comp

We've unpacked the mysteries of stock-based comp in this comprehensive guide covering accounting for RSUs vs. options, fair market value, forfeitures, expirations, and more.

Principal Consulting Group

Month-End Close Benchmarks: Where Does Your Close Rank?

January 23, 2024

-

5

Min Read

Month-End Close Benchmarks: Where Does Your Close Rank?

How long should your month-end close take? We break down benchmarks, rules of thumb, and factors that influence reasonable close timeframes.

Parker Gilbert

6 Best Alternatives to FloQast

January 22, 2024

-

5

Min Read

6 Best Alternatives to FloQast

We cover the top 6 best alternatives to FloQast & why teams love each tool.

Daniela Andreevska

5 Accounting Emails You Should Have Automated Yesterday

January 15, 2024

-

5

Min Read

5 Accounting Emails You Should Have Automated Yesterday

Set these emails on automation autopilot in your month-end close.

Tierney Pretzer

A Comprehensive Guide to FloQast Software: What It Is & How It Works

January 14, 2024

-

8

Min Read

A Comprehensive Guide to FloQast Software: What It Is & How It Works

We breakdown common FloQast products, use cases, and alternatives in this comprehensive guide.

Daniela Andreevska

Let them churn: Why we embraced month-to-month subscriptions when starting Numeric

January 11, 2024

-

5

Min Read

Let them churn: Why we embraced month-to-month subscriptions when starting Numeric

Standard practice is starting with annual subscriptions, steady and repeatable revenue. We suggest the opposite.

Parker Gilbert

Things to Avoid Building as an Early Startup

January 10, 2024

-

5

Min Read

Things to Avoid Building as an Early Startup

Our velocity early on was driven substantially by the things we did not do. Here's what we recommend explicitly not building.

Andrew Bihl

How to Build the Best Month-end Close Checklist

January 9, 2024

-

7

Min Read

How to Build the Best Month-end Close Checklist

Faster closes begin with better checklists. We'll walk through best practices for month-end close checklists that align teams, provide visibility, and ensure audit-readiness.

Tierney Pretzer

Numeric is #1 for Fast Implementation & Best Estimated ROI

January 3, 2024

-

3

Min Read

Numeric is #1 for Fast Implementation & Best Estimated ROI

Numeric ranks first for best estimated ROI in the close management space and won the fastest implementation in the mid-market category award from G2.

Tierney Pretzer

Navigating Your First 30 Days: A Checklist for New Controllers

December 28, 2023

-

8

Min Read

Navigating Your First 30 Days: A Checklist for New Controllers

We've rounded up everything you need to tackle in your first 30-days to make an impact in your new Controller role.

Parker Gilbert

When are accountants working?

December 21, 2023

-

2

Min Read

When are accountants working?

As a part of Numeric's Year in Review, we pulled data from a random sample of accountants using the product to understand standard working hours and when accountants are most productive.

Tierney Pretzer

FloQast or BlackLine: Which is better?

December 20, 2023

-

10

Min Read

FloQast or BlackLine: Which is better?

Out of FloQast and BlackLine, which is best? This walkthrough covers features, plans, implementation details, and common reviews of both.

Daniela Andreevska

Best Reconciliation Software: Top 5 Options

December 18, 2023

-

6

Min Read

Best Reconciliation Software: Top 5 Options

We walk through the top 5 options for reconciliation software, covering features, reviews, and the pros and cons of each option.

Tierney Pretzer

BlackLine Pricing Breakdown: Comprehensive Review of Plans and Fees

December 11, 2023

-

10

Min Read

BlackLine Pricing Breakdown: Comprehensive Review of Plans and Fees

When deciding which software is the best fit for your team, pricing is a critical piece of the puzzle. We've covered the basics on BlackLine pricing, including common pricing structures and how BlackLine compares.

Daniela Andreevska

6 Best Fixed Asset Management Softwares

December 11, 2023

-

8

Min Read

6 Best Fixed Asset Management Softwares

The right fixed asset management software saves time and ensures accurate taxes. We walkthrough the top 6 options available for accounting teams.

Daniela Andreevska

Your 2023 Year-End Close Preparation Checklist

December 8, 2023

-

10

Min Read

Your 2023 Year-End Close Preparation Checklist

Reclasses, accruals, reconciliations, tax prep— your complete guide to the year-end close.

Connor Foran

The Automation-Resistant Accountant: How you can navigate the dawn of AI

December 4, 2023

-

7

Min Read

The Automation-Resistant Accountant: How you can navigate the dawn of AI

A deep dive into how accountants can adapt to the automation/AI wave facing the accounting industry and why companies will find human accountants more valuable than ever.

Tierney Pretzer

Growth Guide: When and how to scale your accounting department

December 1, 2023

-

12

Min Read

Growth Guide: When and how to scale your accounting department

When should you make your next accounting hire? Who should you hire? Our team broke down best practices and tactical guidance to growth.

Parker Gilbert

Ultimate Guide to BlackLine Account Reconciliation

November 29, 2023

-

10

Min Read

Ultimate Guide to BlackLine Account Reconciliation

Understand what BlackLine Account Reconciliation is and how it works. Covering features, cost, implementation, ERP compatibility, and alternatives.

Daniela Andreevska

BlackLine Competitors: Top BlackLine Alternatives

November 27, 2023

-

10

Min Read

BlackLine Competitors: Top BlackLine Alternatives

What's the best BlackLine alternative for your team? This article ranks the six best BlackLine competitors available in the market, organized in different categories.

Daniela Andreevska

An 80/20 Rule for Product Development

November 15, 2023

-

2

Min Read

An 80/20 Rule for Product Development

We believe that for every product goal, there's a solution that achieves 80% of the value with 20% of the effort— we outline how we've aligned our team around this philosophy of product development.

Andrew Bihl

What is software capitalization and why does it matter?

November 13, 2023

-

9

Min Read

What is software capitalization and why does it matter?

Deep dive into software capitalization, relevant accounting standards, and nuances across the development lifecycle.

Parker Gilbert

Blackline Review: Is Blackline Worth It?

October 22, 2023

-

8

Min Read

Blackline Review: Is Blackline Worth It?

Understand BlackLine, how it works and what it offers accounting teams. Read reviews and explore alternative solutions.

Dennis Shirshikov

Blackline Reconciliation: What It Is and How it Works

October 22, 2023

-

13

Min Read

Blackline Reconciliation: What It Is and How it Works

Explore BlackLine Reconciliation: a tool designed to automate and streamline the financial reconciliation process. Read the reviews, get pricing, understand how it works and see alternatives.

Dennis Shirshikov

Netgain Solutions: What It Is and How It Works

October 22, 2023

-

7

Min Read

Netgain Solutions: What It Is and How It Works

Delve into an in-depth overview of Netgain Solutions: Explore its specialized technical accounting software, understand its core features, and explore alternatives.

Dennis Shirshikov

What's the Best Account Reconciliation Software for My Team?

October 22, 2023

-

16

Min Read

What's the Best Account Reconciliation Software for My Team?

Explore the ins and outs of account reconciliation software – understand its importance, discover how it streamlines financial processes, and find out the top providers in the market.

Dennis Shirshikov

Financial Close Software: Ultimate Guide

October 14, 2023

-

13

Min Read

Financial Close Software: Ultimate Guide

Unlock faster, more accurate financial closes with our ultimate guide to Financial Close Software. Learn the must-have features, benefits, and how to choose the right solution for your business.

Dennis Shirshikov

Fixed Assets: Definition, types, and how to manage them

September 27, 2023

-

10

Min Read

Fixed Assets: Definition, types, and how to manage them

Fixed assets are physical or tangible items that are purchased by the business, support its operations, and have a monetary value.

Parker Gilbert

What are intangible assets and how do you value them?

September 27, 2023

-

9

Min Read

What are intangible assets and how do you value them?

Assets not physical in nature—that have no physical form or shape—are intangible assets. These fixed assets are both created or acquired.

Parker Gilbert

Your guide to mastering prepaid expenses

August 11, 2023

-

9

Min Read

Your guide to mastering prepaid expenses

Learn about prepaid expenses with real-world examples, practical tips, and a best-practice excel template in this comprehensive guide.

Parker Gilbert

Numeric announces new file storage integrations

July 21, 2023

-

1

Min Read

Numeric announces new file storage integrations

Numeric now supports OneDrive, Sharepoint, and Egnyte

Parker Gilbert

Numeric announces Sage Intacct integration

July 10, 2023

-

1

Min Read

Numeric announces Sage Intacct integration

Numeric launches Sage Intacct integration and partnership

Parker Gilbert

Numeric unveils Numeric AI and Numeric Essentials

June 8, 2023

-

2

Min Read

Numeric unveils Numeric AI and Numeric Essentials

Today, Numeric is announcing the launch of two new offerings, Numeric AI, an artificial intelligence accounting co-pilot, and Numeric Essentials, a free tier of their close management product.

Parker Gilbert

How accounting teams are shifting into the role of strategic partner

February 6, 2023

-

5

Min Read

How accounting teams are shifting into the role of strategic partner

Today’s leading accounting teams are venturing outside of what the role traditionally entailed, becoming strategic partners and enablers rather than scorekeepers and gatekeepers.

Parker Gilbert

Should you give a flux about flux analysis?

January 18, 2023

-

5

Min Read

Should you give a flux about flux analysis?

I think so. Flux Analysis should be a key pillar to your substantiation process but requires a clear set of objectives to implement successfully.

Shawn Gordon

Velocity is now Numeric!

November 9, 2022

-

2

Min Read

Velocity is now Numeric!

Velocity has changed its name to Numeric

Parker Gilbert