About Numeral

Numeral provides a financial automation platform that integrates with existing systems to streamline revenue recognition, cash reconciliation, and data reconciliation for high-volume businesses. By offering real-time financial reporting and automated accounting rules, Numeral enhances operational efficiency and accuracy while ensuring compliance with GAAP standards.

```xml <problem> High-volume businesses face challenges in efficiently managing and reconciling financial data across multiple systems, leading to inaccuracies, delays in financial reporting, and increased compliance risks. Traditional accounting processes struggle to keep pace with the complexity and volume of transactions, hindering real-time visibility and scalability. </problem> <solution> Numeral offers a financial automation platform designed to streamline revenue recognition, cash reconciliation, and data reconciliation for high-volume businesses. The platform integrates with existing financial tech stacks to consolidate raw financial data into a unified database, providing real-time financial reporting with every transaction. By automating accounting rules using a familiar Excel syntax and suggesting GAAP-compliant best practices, Numeral bridges the gap between accounting and engineering teams. The solution offers holistic visibility, allowing users to drill down from a high-level view to granular transaction details, ensuring all financials are auto-reconciled, auditable, and supported by underlying source data. </solution> <features> - One-click integrations with existing financial systems to consolidate data from multiple sources. - Intuitive accounting rule creation using Excel syntax, with suggested rules based on GAAP best practices. - Real-time financial reporting with immediate accounting for each debit and credit. - Comprehensive audit trail tracking all financially relevant events from data source to general ledger. - Automated exception handling with real-time monitoring and notifications for discrepancies. - Role-based permission levels, including auditor access, to reduce audit timeframes. - One-click close functionality to feed summary journal entries directly into the general ledger. - Mapping tool to connect rows from Numeral to the chart of accounts within the general ledger. </features> <target_audience> Numeral is primarily targeted towards high-volume businesses, including those in the technology, e-commerce, and financial services sectors, that require automated and scalable financial processes. </target_audience> ```

What does Numeral do?

Where is Numeral located?

Numeral is based in East New York, United States.

When was Numeral founded?

Numeral was founded in 2024.

How much funding has Numeral raised?

Numeral has raised 3580000.

Location

East New York, United States

Founded

2024

Funding

3580000

Employees

20 employees

Major Investors

Bienville Capital

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Numeral

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

gonumeral.com 1K+

Crunchbase

Founded 2024 – East New York, United States

Funding

Estimated Funding

$3M+

Major Investors

Bienville Capital

Team (20+)

No team information available.

Company Description

Problem

High-volume businesses face challenges in efficiently managing and reconciling financial data across multiple systems, leading to inaccuracies, delays in financial reporting, and increased compliance risks. Traditional accounting processes struggle to keep pace with the complexity and volume of transactions, hindering real-time visibility and scalability.

Solution

Numeral offers a financial automation platform designed to streamline revenue recognition, cash reconciliation, and data reconciliation for high-volume businesses. The platform integrates with existing financial tech stacks to consolidate raw financial data into a unified database, providing real-time financial reporting with every transaction. By automating accounting rules using a familiar Excel syntax and suggesting GAAP-compliant best practices, Numeral bridges the gap between accounting and engineering teams. The solution offers holistic visibility, allowing users to drill down from a high-level view to granular transaction details, ensuring all financials are auto-reconciled, auditable, and supported by underlying source data.

Features

One-click integrations with existing financial systems to consolidate data from multiple sources.

Intuitive accounting rule creation using Excel syntax, with suggested rules based on GAAP best practices.

Real-time financial reporting with immediate accounting for each debit and credit.

Comprehensive audit trail tracking all financially relevant events from data source to general ledger.

Automated exception handling with real-time monitoring and notifications for discrepancies.

Role-based permission levels, including auditor access, to reduce audit timeframes.

One-click close functionality to feed summary journal entries directly into the general ledger.

Mapping tool to connect rows from Numeral to the chart of accounts within the general ledger.

Target Audience

Numeral is primarily targeted towards high-volume businesses, including those in the technology, e-commerce, and financial services sectors, that require automated and scalable financial processes.