Numeric - The New Operating System for Finance Teams

Who are Numeric?

Numeric is a financial operations software provider founded in 2020 and headquartered in San Francisco. The company focuses on building what it describes as a modern operating system for finance teams. Its mission is to help organisations close their books more efficiently, maintain real-time visibility into financial data, and replace manual spreadsheets with structured processes that can scale.

The company was created in response to a persistent challenge in accounting and finance operations. Many teams continue to rely heavily on spreadsheets, email chains, and manual reconciliations to manage month-end and quarter-end close processes. Numeric positions itself as a platform that standardises these workflows, giving finance teams a central environment in which to collaborate, track tasks, and ensure accuracy.

Numeric’s target audience includes controllers, accounting leaders, and finance operations teams that require greater transparency and control over close management. They announced $51m Series B funding in November 2025 (led by IVP), along with the addition of a new Cash Management platform.

What does Numeric’s software do?

Numeric provides software for managing the financial close process. The platform offers a centralised workspace where finance teams can document procedures, assign tasks, track progress, and monitor dependencies. Unlike the informal spreadsheets and checklists often used to manage close activities, Numeric provides a structured environment that supports repeatability, auditability, and collaboration.

The platform includes a task management system that outlines each step of the close, indicating which activities are complete, in progress, or awaiting review. Documentation can be stored directly within the workflow, ensuring that supporting evidence and process notes are available during audits or internal reviews. The software provides visibility into bottlenecks and allows leaders to assess whether their close operations are on track.

Numeric differentiates itself by offering real-time analytics on close performance. The software tracks cycle times, delays, workload distribution, and deviations from standard processes. This information enables finance leaders to understand operational trends and identify opportunities to improve efficiency.

The system also provides automated variance analysis and account reconciliation support. Instead of manually comparing ledger entries or analysing unexpected fluctuations, users can rely on Numeric to surface anomalies and highlight accounts that require attention. The platform’s goal is not to replace the ERP system but to provide an operational layer that enhances accuracy and reduces manual workload.

Integrations with ERP platforms, including NetSuite and QuickBooks, allow data to flow directly into the system. This reduces duplication of effort and ensures that the platform reflects the organisation’s current financial records. Numeric also supports collaboration by allowing comments, review threads, and documentation exchange within each task.

What problems does Numeric solve for businesses?

Finance teams often face several challenges during the month-end and quarter-end close. These include limited visibility into task status, heavy reliance on manually maintained spreadsheets, time-consuming reconciliations, and the need to respond to audit requirements with limited documentation structure. These issues can lead to missed deadlines, inconsistent processes, and a lack of confidence in financial data.

Numeric addresses these problems by providing a single environment for managing and monitoring close activities. Tasks are standardised and assigned clearly, reducing the risk of missed steps or duplicate efforts. Supporting documentation is captured in one place, improving transparency for internal and external stakeholders.

For accounting leaders, the software provides a more predictable and controllable close cycle. Managers can see where delays are occurring, how long tasks typically take, and whether workload distribution is balanced across the team. This supports better planning and helps avoid end-of-period bottlenecks.

For organisations preparing for audit, Numeric offers an auditable record of who completed which activity, when it was completed, and what documentation supported the decision. This reduces the time normally spent locating evidence or reconstructing workflows after the fact.

More broadly, Numeric supports the shift from spreadsheet-based accounting operations to a more standardised and technology-driven environment. This can help organisations scale their finance operations without expanding headcount at the same rate.

How does Numeric use technology or innovation to deliver value?

Numeric uses workflow automation, data integration, and analytics to help finance teams improve operational performance. While the platform does not position itself primarily as an artificial-intelligence product, it incorporates automation features designed to reduce manual activity and highlight exceptions.

Key technology elements include (but are not limited to):

Data integration Numeric connects with ERP systems to import account balances, transactions, and other financial information. This enables users to perform reconciliations and variance assessments without maintaining duplicate data sources.

Automated variance detection The platform can identify unexpected movements or anomalies in financial accounts. This helps teams prioritise investigation and reduces manual comparison work.

Template-based documentation Standardised templates allow teams to maintain consistency in how close tasks are documented. This supports repeatability and reduces reliance on individual knowledge.

Workflow management Users can assign tasks, set dependencies, and track progress visually. This replaces static checklists and provides real-time visibility into the status of the close.

Operational analytics Numeric provides dashboards that track cycle time trends, workload patterns, and completion rates. These insights help finance leaders improve processes over time.

The innovation lies in combining these capabilities into a single environment tailored specifically to the needs of finance operations. Rather than acting as a general task-management tool, Numeric is designed around the detailed requirements of the accounting close.

Which industries and business functions use Numeric?

Numeric serves a cross-industry customer base, primarily within mid-market and high-growth organisations where finance teams need more structure but do not operate at the scale of large enterprise ERP deployments.

Industries using Numeric include technology, professional services, e-commerce, financial services, and other sectors with recurring close cycles and audit requirements. Organisations with distributed finance teams also benefit from having a shared operational environment.

Within companies, Numeric is used by:

• Controllers

• Accounting managers

• Finance operations teams

• Internal audit functions

• CFOs seeking visibility into operational KPIs

The platform’s focus is specifically on the accounting close, variance analysis, reconciliations, and supporting documentation. It is not designed to replace ERP systems but instead complements them by providing operational clarity and structure.

Who are Numeric’s customers?

Numeric publicly references several customers across technology and high-growth sectors, including Notion, OpenAI, Brex, Mercury, and Plaid. These organisations use Numeric to streamline close operations, improve transparency, and reduce manual reconciliation work.

Case studies published by Numeric focus on improvements in speed, visibility, and accuracy of the close process. For example, customers report reductions in manual spreadsheet usage, clearer allocation of responsibilities, and better audit preparedness.

What makes Numeric different?

Numeric positions itself as a modern (they were only founded in 2020), finance-first operating system rather than a workflow add-on or general task-management tool. Its differentiation is grounded in simplicity, usability, and a focus on the close process rather than broader financial systems.

Key points of differentiation include:

• A purpose-built environment for accounting close activities

• Real-time operational analytics for finance leaders

• Automated variance detection to reduce manual investigation

• Tight integration with common mid-market ERP systems

• A modern user experience designed for collaboration

While many finance teams attempt to manage close processes through spreadsheets or generic project-management tools, Numeric provides structure and automation tailored specifically to accounting workflows.

How can businesses get started with Numeric?

Numeric offers a cloud-based deployment model. Organisations typically begin by mapping their close processes into the platform and importing supporting documentation. Integration with the ERP system is an early step so that account data can be synchronised automatically.

The implementation process generally involves:

• Identifying close tasks and assigning ownership

• Importing templates and documentation

• Configuring role-based access and workflows

• Connecting the ERP system for data synchronisation

• Establishing dashboards for monitoring cycle progress

The company provides onboarding support, documentation, and training to help finance teams adopt the system. Most organisations begin with one close cycle before expanding usage across the finance function.

Our Viewpoint: Why should buyers care about Numeric?

Numeric offers a clear value proposition for finance teams that want greater control and visibility over their close operations.

Buyers should consider the platform if:

• Month-end and quarter-end cycles are inconsistent or difficult to track

• Teams rely heavily on spreadsheets to manage close activities

• Audit preparation requires significant manual effort

• Leaders want actionable insights into the efficiency of finance operations

• The organisation uses a mid-market ERP system and needs a complementary workflow structure

Numeric provides a focused, modern approach to managing accounting operations. Its emphasis on transparency, structured workflows, and variance analysis makes it a relevant option for organisations seeking to strengthen financial controls without deploying large, complex systems.

They are planning to use the new investment funding to continue to 'build out a more unified financial data layer for enterprises' - something pretty exciting to watch.

Are you looking for new finance technology?

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