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Back to the Basics: Easy AI Explanations for Accountants

July 17, 2024
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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
All Articles
Featured Articles

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

July 12, 2024
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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
Accounting Guides
All Articles

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

Pattern of a basic org chart
June 11, 2024
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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
All Articles
Featured Articles

Ultimate Guide to Accounts Receivable Reconciliation

Pattern of A/R bills on a light purple background
May 22, 2024
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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
Accounting Guides
All Articles

Will AI Replace Accountants? Why This Question Misses the Mark

May 13, 2024
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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
All Articles
Featured Articles

Numeric Raises $10M to Transform Accounting with AI

May 7, 2024
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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
All Articles
Featured Articles
Company News & Perspectives

Everything You Need to Know About Accounts Payable Reconciliation

May 1, 2024
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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
All Articles
Accounting Guides

9 Signs You Should Migrate ERPs

April 19, 2024
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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
Accounting Guides
All Articles
Featured Articles

Solving the Accountant Shortage: Leaning on AI is Key

Accountant shortage displayed via two line graphs in orange and purple pointed downwards
March 28, 2024
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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
All Articles
Featured Articles

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

Title image on making the transition from a Controller role to a Solutions Lead role at Numeric
March 26, 2024
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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
All Articles
Company News & Perspectives

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

Pattern of dark orange and dark blue abstract shapes.
March 19, 2024
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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
All Articles
Featured Articles
Accounting Guides

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

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March 11, 2024
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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
All Articles
Accounting Guides
Featured Articles

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

Repeating pattern of white and dark purple of books
March 6, 2024
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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
Accounting Guides
All Articles
Featured Articles

The Tools You Need in Your 2024 Accounting Tech Stack

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February 29, 2024
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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
All Articles
Accounting Guides
Featured Articles

How to Reconcile in Xero

February 16, 2024
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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
All Articles

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

Heart candy that reads "Audit Ready" and "I Love Your Controls"
February 14, 2024
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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
All Articles
Featured Articles
Accounting Guides

FloQast Pricing: Costs, Plans and Terms

Pattern of blue tiles
February 12, 2024
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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
All Articles

Our Engineering Tool Stack as an Early-stage Startup

February 7, 2024
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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
Engineering
All Articles

Month-End Close Process on Xero

Purple and dark blue pattern
February 1, 2024
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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
All Articles

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

Handshake icons
January 31, 2024
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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
Accounting Guides
Featured Articles
All Articles

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

Stock ticker in light purple and orange
January 30, 2024
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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
Featured Articles
All Articles
Accounting Guides

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

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January 23, 2024
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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
All Articles
Featured Articles

6 Best Alternatives to FloQast

Person standing at a crossroads
January 22, 2024
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5
Min Read

6 Best Alternatives to FloQast

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

5 Accounting Emails You Should Have Automated Yesterday

Pattern of emails in blue and orange
January 15, 2024
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5
Min Read

5 Accounting Emails You Should Have Automated Yesterday

Set these emails on automation autopilot in your month-end close.
Tierney Pretzer
Accounting Guides
Featured Articles
All Articles

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

January 14, 2024
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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
All Articles

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

Let Them Churn: Why we embraced month-to-month subscriptions when starting Numeric
January 11, 2024
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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
Company News & Perspectives
All Articles

Things to Avoid Building as an Early Startup

Cover image of blog on things to avoid building as an early stage start-up
January 10, 2024
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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
Engineering
All Articles

How to Build the Best Month-end Close Checklist

repeating checklist pattern
January 9, 2024
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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
Accounting Guides
Featured Articles
All Articles

Numeric is #1 for Fast Implementation & Best Estimated ROI

January 3, 2024
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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
Company News & Perspectives
Featured Articles
All Articles

Navigating Your First 30 Days: A Checklist for New Controllers

Person clicking on mouse in front of computer
December 28, 2023
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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
All Articles
Featured Articles

When are accountants working?

December 21, 2023
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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
All Articles

FloQast or BlackLine: Which is better?

calculator and pens
December 20, 2023
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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
All Articles

Best Reconciliation Software: Top 5 Options

keyboard
December 18, 2023
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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
All Articles

BlackLine Pricing Breakdown: Comprehensive Review of Plans and Fees

Price tag on black background
December 11, 2023
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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
All Articles

6 Best Fixed Asset Management Softwares

Dark purple hatch pattern
December 11, 2023
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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
All Articles

Your 2023 Year-End Close Preparation Checklist

Clock in the city
December 8, 2023
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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
Accounting Guides
All Articles
Featured Articles

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

Microchips in a line
December 4, 2023
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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
Featured Articles
All Articles

Growth Guide: When and how to scale your accounting department

5 plants growing all at different heights
December 1, 2023
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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
Featured Articles
All Articles

Ultimate Guide to BlackLine Account Reconciliation

Office
November 29, 2023
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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
All Articles

BlackLine Competitors: Top BlackLine Alternatives

City buildings
November 27, 2023
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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
All Articles

An 80/20 Rule for Product Development

November 15, 2023
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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
Engineering
All Articles

What is software capitalization and why does it matter?

Photo of a computer
November 13, 2023
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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
Accounting Guides
All Articles
Featured Articles

Blackline Review: Is Blackline Worth It?

Home Office
October 22, 2023
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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
All Articles

Blackline Reconciliation: What It Is and How it Works

Office
October 22, 2023
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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
All Articles

Netgain Solutions: What It Is and How It Works

Office
October 22, 2023
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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
All Articles

Account Reconciliation Software: What it is, how it works & best providers

October 22, 2023
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14
Min Read

Account Reconciliation Software: What it is, how it works & best providers

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
All Articles

Financial Close Software: Ultimate Guide

Sunlight in Office
October 14, 2023
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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
All Articles

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

Standing desk for office work
September 27, 2023
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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
Accounting Guides
All Articles
Featured Articles

What are intangible assets and how do you value them?

Pattern of lemon
September 27, 2023
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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
Accounting Guides
All Articles
Featured Articles

Your guide to mastering prepaid expenses

A person working using a computer and calculator
August 11, 2023
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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
Accounting Guides
All Articles
Featured Articles

Numeric announces new file storage integrations

July 21, 2023
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1
Min Read

Numeric announces new file storage integrations

Numeric now supports OneDrive, Sharepoint, and Egnyte
Parker Gilbert
All Articles

Numeric announces Sage Intacct integration

Numeric + Sage
July 10, 2023
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1
Min Read

Numeric announces Sage Intacct integration

Numeric launches Sage Intacct integration and partnership
Parker Gilbert
All Articles

Numeric unveils Numeric AI and Numeric Essentials

Numeric and AI
June 8, 2023
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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
All Articles
Featured Articles

How accounting teams are shifting into the role of strategic partner

February 6, 2023
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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
Accounting Guides
All Articles
Featured Articles

Should you give a flux about flux analysis?

January 18, 2023
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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
Accounting Guides
All Articles
Featured Articles

Velocity is now Numeric!

November 9, 2022
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2
Min Read

Velocity is now Numeric!

Velocity has changed its name to Numeric
Parker Gilbert
Company News & Perspectives
All Articles

Close fast & with confidence

AI-assisted. Operationally efficient. Audit ready.