Numeric

Numeric is a cloud-based software platform designed to streamline and automate the month-end close process for accounting teams. Their software leverages AI technology to reduce manual work, enhance accuracy, and improve the efficiency of tasks like balance sheet reconciliations and flux analysis. Numeric integrates with popular accounting systems like NetSuite and offers features such as automated journal entry population, real-time data syncing, and a central close checklist to improve collaboration among team members.

Numeric was founded by Parker Gilbert, a veteran of the tech startup world who experienced firsthand the challenges of managing accounting and finance at a high-growth company. The company is backed by top-tier investors including Founders Fund and Long Journey Ventures. Numeric aims to empower accounting teams with the tools they need to make better business decisions with accurate and timely financial data.

Numeric’s mission is to empower accounting teams to close their books faster and more accurately, leveraging AI to streamline manual processes and automate tasks. They aim to make accounting less tedious and more efficient, giving accounting professionals the tools and time to focus on strategic financial analysis and decision-making.

Numeric promotes a culture of trust, autonomy, continuous improvement, curiosity, and written communication. The company empowers employees to make decisions and take ownership of their work, encourages a learning mindset and challenges conventions, and emphasizes strong documentation and a scientific approach to problem-solving. These values are reflected in their hiring practices, product development, and overall company culture, fostering a fast-paced and collaborative environment.