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Numeric

By Numeric

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Numeric Pros and Cons: Top Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users highlight the ease of use of Numeric, appreciating its quick implementation and user-friendly features. (9 mentions)
Users value the efficient task management capabilities of Numeric, enabling quick organization and seamless team collaboration. (6 mentions)
Users value Numeric for its efficient organization features, enabling quick setup and streamlined collaboration for month-end processes. (4 mentions)
Users commend the intuitive checklist features of Numeric, facilitating seamless collaboration and efficient month-end processes. (3 mentions)
Users value the collaborative functions of Numeric, enhancing team communication and efficiency during month-end close processes. (3 mentions)
Users value Numeric's comprehensive features and intuitive design, making accounting tasks efficient and user-friendly. (3 mentions)
Users value the user-friendly functionality of Numeric, greatly enhancing organization and efficiency in accounting tasks. (3 mentions)
Users find Numeric offers limited functionality currently, with basic features and a need for faster, automated tools. (3 mentions)
Users report encountering infrequent bugs in Numeric, which can impact the overall experience during usage. (2 mentions)
Users face inefficient task management with Numeric, leading to missed updates and inaccurate month-end reflections. (2 mentions)
Users experience occasional software bugs with Numeric, though these are infrequent and typical in rapidly updated applications. (2 mentions)
Users often face task management challenges with Numeric, leading to inaccuracies in month-end completion tracking. (2 mentions)

Top Pros or Advantages of Numeric

1. Ease of Use
Users highlight the ease of use of Numeric, appreciating its quick implementation and user-friendly features.
See 9 mentions

See Related User Reviews

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"The improvements the Numeric team has been rolling out regularly continue to impress me."

What do you like about Numeric?

Numeric helped my team get organized quickly and easily. The implementation was painless, especially compared to other tools. We were up and running i

Patrick S.
PS

Patrick S.

Mid-Market (51-1000 emp.)

5.0/5

"New kid on the block - Great Tool"

What do you like about Numeric?

Numeric has a ton of great product offerings, from a basic close checklist all the way to advanced close management, balance sheet recs, and even an A

2. Task Management
Users value the efficient task management capabilities of Numeric, enabling quick organization and seamless team collaboration.
See 6 mentions

See Related User Reviews

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"The improvements the Numeric team has been rolling out regularly continue to impress me."

What do you like about Numeric?

Numeric helped my team get organized quickly and easily. The implementation was painless, especially compared to other tools. We were up and running i

Patrick S.
PS

Patrick S.

Mid-Market (51-1000 emp.)

5.0/5

"New kid on the block - Great Tool"

What do you like about Numeric?

Numeric has a ton of great product offerings, from a basic close checklist all the way to advanced close management, balance sheet recs, and even an A

3. Organization
Users value Numeric for its efficient organization features, enabling quick setup and streamlined collaboration for month-end processes.
See 4 mentions

See Related User Reviews

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"The improvements the Numeric team has been rolling out regularly continue to impress me."

What do you like about Numeric?

Numeric helped my team get organized quickly and easily. The implementation was painless, especially compared to other tools. We were up and running i

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

4.5/5

"no more manual checklists"

What do you like about Numeric?

a. ability to roll forward to new month b. lock down old month and workpapers/links in the prior month c. ability to add or modify preparers and rev

4. Checklists
Users commend the intuitive checklist features of Numeric, facilitating seamless collaboration and efficient month-end processes.
See 3 mentions

See Related User Reviews

IM

Izzy M.

Small-Business (50 or fewer emp.)

5.0/5

"Best tool for month end close checklists"

What do you like about Numeric?

Numeric is valuable in providing the tools to be collaborative across teams and within the accounting and finance teams. It is the best tool for month

Verified User
A

Verified User

Mid-Market (51-1000 emp.)

4.5/5

"Easy to use time saver"

What do you like about Numeric?

It is extremely intuitive and easy to use, I was able to import our current checklist and get started within a couple hours.

5. Collaboration
Users value the collaborative functions of Numeric, enhancing team communication and efficiency during month-end close processes.
See 3 mentions

See Related User Reviews

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

4.5/5

"no more manual checklists"

What do you like about Numeric?

a. ability to roll forward to new month b. lock down old month and workpapers/links in the prior month c. ability to add or modify preparers and rev

IM

Izzy M.

Small-Business (50 or fewer emp.)

5.0/5

"Best tool for month end close checklists"

What do you like about Numeric?

Numeric is valuable in providing the tools to be collaborative across teams and within the accounting and finance teams. It is the best tool for month

6. Features
Users value Numeric's comprehensive features and intuitive design, making accounting tasks efficient and user-friendly.
See 3 mentions

See Related User Reviews

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

4.5/5

"no more manual checklists"

What do you like about Numeric?

a. ability to roll forward to new month b. lock down old month and workpapers/links in the prior month c. ability to add or modify preparers and rev

Patrick S.
PS

Patrick S.

Mid-Market (51-1000 emp.)

5.0/5

"New kid on the block - Great Tool"

What do you like about Numeric?

Numeric has a ton of great product offerings, from a basic close checklist all the way to advanced close management, balance sheet recs, and even an A

7. Functionality
Users value the user-friendly functionality of Numeric, greatly enhancing organization and efficiency in accounting tasks.
See 3 mentions

See Related User Reviews

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

4.5/5

"no more manual checklists"

What do you like about Numeric?

a. ability to roll forward to new month b. lock down old month and workpapers/links in the prior month c. ability to add or modify preparers and rev

IM

Izzy M.

Small-Business (50 or fewer emp.)

5.0/5

"Best tool for month end close checklists"

What do you like about Numeric?

Numeric is valuable in providing the tools to be collaborative across teams and within the accounting and finance teams. It is the best tool for month

Top Cons or Disadvantages of Numeric

1. Limited Functionality
Users find Numeric offers limited functionality currently, with basic features and a need for faster, automated tools.
See 3 mentions

See Related User Reviews

Verified User
A

Verified User

Mid-Market (51-1000 emp.)

4.5/5

"Easy to use time saver"

What do you dislike about Numeric?

It is still a new product and while they are adding functionality, it is still somewhat basic.

IM

Izzy M.

Small-Business (50 or fewer emp.)

5.0/5

"Best tool for month end close checklists"

What do you dislike about Numeric?

There are still functions that need to be built out but the support team is incredibly responsive and helpful until that time comes. I cannot wait for

2. Bugs
Users report encountering infrequent bugs in Numeric, which can impact the overall experience during usage.
See 2 mentions

See Related User Reviews

Kay C.
KC

Kay C.

Mid-Market (51-1000 emp.)

5.0/5

"A Stand-Out Close Management Solution"

What do you dislike about Numeric?

There is honestly next to nothing to dislike here. The software can sometimes be buggy, but that is expected with any software where features/fixes ar

William L.
WL

William L.

Mid-Market (51-1000 emp.)

5.0/5

"Numeric x Medely"

What do you dislike about Numeric?

So far I have not encountered any downsides to using numeric, other than infrequent bugs that arise from time to time.

3. Inefficient Task Management
Users face inefficient task management with Numeric, leading to missed updates and inaccurate month-end reflections.
See 2 mentions

See Related User Reviews

Daspal G.
DG

Daspal G.

Small-Business (50 or fewer emp.)

5.0/5

"Numeric Essentials does what it claims it can do"

What do you dislike about Numeric?

As Numeric Essentials sits separate to our actual month end tasks, there is occassions where we forget to update task completion in the software which

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"The improvements the Numeric team has been rolling out regularly continue to impress me."

What do you dislike about Numeric?

While Numeric is a tool that helps us confidently close in an organized fashion, they have not yet rolled out the tools to help us move faster and aut

4. Software Bugs
Users experience occasional software bugs with Numeric, though these are infrequent and typical in rapidly updated applications.
See 2 mentions

See Related User Reviews

Kay C.
KC

Kay C.

Mid-Market (51-1000 emp.)

5.0/5

"A Stand-Out Close Management Solution"

What do you dislike about Numeric?

There is honestly next to nothing to dislike here. The software can sometimes be buggy, but that is expected with any software where features/fixes ar

William L.
WL

William L.

Mid-Market (51-1000 emp.)

5.0/5

"Numeric x Medely"

What do you dislike about Numeric?

So far I have not encountered any downsides to using numeric, other than infrequent bugs that arise from time to time.

5. Task Management
Users often face task management challenges with Numeric, leading to inaccuracies in month-end completion tracking.
See 2 mentions

See Related User Reviews

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

4.5/5

"no more manual checklists"

What do you dislike about Numeric?

some improvements that I'd like to see are: a. ability to alphabetize tasks instead of by section b. ability to notate task as WIP instead of just S

Daspal G.
DG

Daspal G.

Small-Business (50 or fewer emp.)

5.0/5

"Numeric Essentials does what it claims it can do"

What do you dislike about Numeric?

As Numeric Essentials sits separate to our actual month end tasks, there is occassions where we forget to update task completion in the software which

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Numeric Reviews (44)

Reviews

Numeric Reviews (44)

4.8
44 reviews
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BO
Financial Controller
Mid-Market (51-1000 emp.)
"Simple Task Management with Room for Feature Improvements"
What do you like best about Numeric?

Simplicity. Easy to create tasks, assign team members, review their work and track progress to month end completion. We use it every month as well as a year end checklist. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

Very little. I do have a couple of feature suggestions. It would be helpful if the system required a file upload or a web link when marking a task as completed. Additionally, it would be useful to have the option to hide or re-assign tasks that are blocked for the month when a team member is away. Review collected by and hosted on G2.com.

Verified User in Accounting
AA
Small-Business (50 or fewer emp.)
"Keeps Our Team Organized and Tracks Month-End Progress Easily"
What do you like best about Numeric?

Easy to use, keeps the team organised. Really like seeing the progression on month-end through the month. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

Paying extra for features before you are able to test them Review collected by and hosted on G2.com.

Verified User in Biotechnology
UB
Mid-Market (51-1000 emp.)
"The improvements the Numeric team has been rolling out regularly continue to impress me."
What do you like best about Numeric?

Numeric helped my team get organized quickly and easily. The implementation was painless, especially compared to other tools. We were up and running in a day, and our team grew with the product. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

While Numeric is a tool that helps us confidently close in an organized fashion, they have not yet rolled out the tools to help us move faster and automate tasks Review collected by and hosted on G2.com.

Anna L.
AL
Accounting Manager
Mid-Market (51-1000 emp.)
"Numeric feels really modern and easy to use interface"
What do you like best about Numeric?

Numeric has modern look to an accounting close management system. It is very easy to learn as a new user, it makes sense intuitively. I have previously used Blackline and Numeric presents the needed information in a simple format. Also the team is very responsive to meetings, teaching us anything new in Numeric, teaching us how to maximize Numeric's usesm, and listening to any suggestions. Numeric is able to pull information from NetSuite seamlessly and you can create your own report from it (similar to a Saved Search but easier to do in Numeric) and also you can create rules to read your transactions and alert you if any is off (Large transactions, items booked to certain accounts). Review collected by and hosted on G2.com.

What do you dislike about Numeric?

It is a newer player to market so there were some growing pains (e.g. speed at refreshing NetSuite) but we are able to communicate any concerns to Numeric and it is taken care of quickly. Review collected by and hosted on G2.com.

LR
Mid-Market (51-1000 emp.)
"Numeric is a reliable solution that helps our team streamline our month-end processes."
What do you like best about Numeric?

Numeric is a perfect tool to help me stay organized and be on top of my end-of-month tasks. With the easy view and functionality, it’s been a breeze using Numeric and has saved valuable time. It's always satisfying to watch my progress on my dashboard and see how I track the end-of-month closure and how everyone else on my team is doing. It’s also great that you can save all important notes, references, and anything else related to my assigned task. It is easy to search or filter for anything you are looking for in Numeric and, overall, very user-friendly. Numeric now is a tool in our team that we can't do month-end without. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

I can only think of a little as I generally find all working for what we need as a team. Review collected by and hosted on G2.com.

Pedro O.
PO
Small-Business (50 or fewer emp.)
"Numeric is a Controller's best friend"
What do you like best about Numeric?

Guaranteed that Numeric will reduce your month close by at least 1 day, if not more. After using Numeric for just one month, our team was able to find what was causing friction in our close cycle and tackle those items head on. It's great having real time visibility on how month close is tracking and what items require immediate attention. Numeric just makes organization so easy. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

Seriously I have nothing to complain about. Review collected by and hosted on G2.com.

Luke S.
LS
Small-Business (50 or fewer emp.)
"Immensely useful features delivered simply"
What do you like best about Numeric?

I love Numeric. One of the most important roles it plays for us is centralising checklists, team visibility, sheet linking and accounts reconciliation. Plus, incoming features on account reconciliation within numeric means we really will be able to ditch out the spreadsheets - Numeric will be pulling live transaction data from the accounts package, telling you that your recs need updating! Gamechanging!

To top it off the checklisting features are completely free, its a no brainer - I honestly wish this tool existed 10 years ago. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

So far I havnt really seen anything I dont like. Review collected by and hosted on G2.com.

Michael D.
MD
Mid-Market (51-1000 emp.)
"Good bye Excel, hello Numeric"
What do you like best about Numeric?

First off I am only using the Essentials tier of Numeric, so just have our close checklist imported into the system and using to track the flow of completing of accounting close tasks--which is working great! It is much of an improvement to have our close checklist in an online application. Tasks are grouped under headers which makes it much easier to view. There is an overview screen that shows you which tasks of yours are due/past due, which is a quick and great way to see what is priority and what you should be tackling at any given moment. When adding tasks, you can make them monthly, quaterly, or yearly tasks, and Numeric will only show the tasks for that period if they pertain to that period--so you wont have to manually filter out yearly or quarterly tasks if you're not working on a quarter/year end period. They automatically take into consideration holidays when calculating and displaying the due date. There is also automatic emails you can set up to go out on certain close days, like for reminding department heads to code their expense transactions and upload receipts. There is also some super helpful AI bots like a GAAP Bot to help with acounting questions, policy bot to help you write out policies, and a tax bot to answer tax specific questions. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

I wish the full tier was free ;). There are graphs and analytics that show what completion % you are in for the close and I find this to be very inaccurate and depicting the actual % completion done of the close. This is because this percentage assumes that each task is the same weight, which is never true. You can have one task that takes all day to complete, then have a task that takes 10 minutes to complete. I just ignore this % completetion and remind others to do the same. Review collected by and hosted on G2.com.

Doug S.
DS
Mid-Market (51-1000 emp.)
"Best tool on the market to manage month-end close!"
What do you like best about Numeric?

I love being able to see the full list of items that need to be completed throughout close, with the ability to add other users and assign them tasks. I also love the homepage dashboard showing you your progress against the scheduled completion dates and your previous month close - it's like a little game/competition to see if you can beat the schedule or your last close! It's also nice seeing your daily to do items (and if you work ahead, you can see what's coming up in the future on the next tab). If your close has many tasks to complete, it can be kind of overwhelming seeing a list of 100+ tasks, so having it broken out by day makes it seem much more manageable. The Slack integration, which provides you a daily overview of your current progress, has also been a nice feature. Gives the team a quick overview every morning of where we're at. Overall I absolutely love the product and can't wait to see it continue to evolve and grow over time! I can't see myself ever going back to a close without this tool now! We've managed to shave off almost a day (which is a huge win for us) solely thanks to this tool! Review collected by and hosted on G2.com.

What do you dislike about Numeric?

I honestly don't have anything to say here. The only small thing I would have liked to see is the ability to copy a task so you don't have to manually add a bunch of similar tasks manually (ex. if you have a task to complete a bank rec for bank account A, but you also have 10 other accounts to rec. I would have liked to be able to create that task and then click copy and just update the name or whatever). With that being said, the team at Numeric is always asking for feedback, so if there's ever something you don't like, they'll make an effort to hear your feedback and possibly add it to the platform. Review collected by and hosted on G2.com.

IM
Small-Business (50 or fewer emp.)
"Best tool for month end close checklists"
What do you like best about Numeric?

Numeric is valuable in providing the tools to be collaborative across teams and within the accounting and finance teams. It is the best tool for month end close checklists we have used to date. We have tried other task list management systems and this provides the most functionality specifically for this need. It allows for collaboration, date setting, progress tracking and ability to upload documents and share comments within the system. We have truly enjoyed using this to stay on top of all the month close requires for each client and their specific company needs. Review collected by and hosted on G2.com.

What do you dislike about Numeric?

There are still functions that need to be built out but the support team is incredibly responsive and helpful until that time comes. I cannot wait for more functionality as they build out their product. Review collected by and hosted on G2.com.