Numeric’s software automates the month-end and quarter-end book-closing process for accounting teams, significantly reducing the time and errors associated with manual financial reconciliation.
The AI agent augments Numeric's capabilities by detecting outliers and documenting variances automatically, thereby saving accountants the tedious work of flux analysis and providing timely explanations.
With a four-fold increase in revenue last year and a successful $28 million Series A round, Numeric is gaining traction among notable investors and accounting departments.
Parker Gilbert emphasized the relief that Numeric offers to accountants dealing with the drudgery of traditional book-closing processes, significantly improving efficiency and accuracy.
#accounting-automation #financial-technology #startup-funding #ai-in-accounting #efficiency-improvement
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