Numeric
Numeric is a modern accounting automation platform that helps your finance team close the books faster by centralizing reconciliations, workpapers, and month-end task management in one workspace.
Workiva
Workiva is a cloud-based platform that simplifies complex reporting and compliance by connecting your data and teams in a single, secure environment for financial, ESG, and risk management.
Quick Comparison
| Feature | Numeric | Workiva |
|---|---|---|
| Website | numeric.io | workiva.com |
| Pricing Model | Freemium | Custom |
| Starting Price | Free | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2020 | 2008 |
| Headquarters | New York, USA | Ames, USA |
Overview
Numeric
Numeric is an AI-powered accounting automation platform designed to streamline your month-end close process. Instead of managing complex reconciliations in disconnected spreadsheets, you can centralize your entire workflow in one collaborative workspace. The platform automatically flags discrepancies and monitors account changes in real-time, ensuring your financial data remains accurate without manual oversight.
You can organize your team's tasks with automated checklists and integrated workpapers that sync directly with your ERP. By automating repetitive data entry and technical research, Numeric allows your finance team to focus on high-level analysis rather than manual documentation. It is built specifically for mid-market and enterprise finance teams looking to reduce close time and improve audit readiness.
Workiva
Workiva helps you streamline your most complex reporting and compliance tasks by bringing all your data into one secure, cloud-based workspace. You can connect information directly from your source systems to your final reports, ensuring that every number and narrative remains consistent across spreadsheets, documents, and presentations. This eliminates the manual effort of copying and pasting data and reduces the risk of errors in critical filings.
You can use the platform to manage everything from SEC filings and annual reports to ESG disclosures and internal audits. It allows your teams to collaborate in real-time with full audit trails, so you always know who changed what and when. Whether you are a large enterprise or a growing company, you can automate repetitive reporting workflows and focus your energy on analyzing data rather than just collecting it.
Overview
Numeric Features
- Automated Reconciliations Connect your ERP and bank accounts to automatically match transactions and identify discrepancies the moment they occur.
- Flux Analysis Generate instant explanations for balance sheet fluctuations and track significant changes across periods with built-in AI assistance.
- Close Checklists Manage your month-end tasks with dynamic checklists that update automatically as your team completes workpapers and reconciliations.
- AI Technical Research Query your own accounting policies and GAAP standards using an integrated AI assistant to get instant technical guidance.
- Real-time ERP Sync Keep your workpapers and trial balances perfectly in sync with two-way integrations for NetSuite, Sage Intacct, and QuickBooks.
- Audit Trail Management Maintain a permanent, time-stamped record of all approvals and attachments to make your annual audits faster and painless.
Workiva Features
- Data Linking. Link your data across documents, spreadsheets, and presentations so a single change updates every instance automatically.
- Real-time Collaboration. Work simultaneously with your teammates on the same document while maintaining a clear audit trail of every edit.
- Direct Data Integration. Connect directly to your ERP, CRM, or HCM systems to pull fresh data without manual exports or uploads.
- XBRL Tagging. Apply standardized tags to your financial data easily to meet regulatory requirements for digital reporting and filings.
- Workflow Automation. Automate your review cycles and task assignments to keep your reporting process moving forward without manual follow-ups.
- Granular Permissions. Control exactly who can view or edit specific sections of your reports to maintain data security and confidentiality.
Pricing Comparison
Numeric Pricing
- Month-end close checklists
- Basic task management
- Standard reporting
- Email support
- Unlimited users
- Everything in Free, plus:
- Direct ERP integrations
- Automated flux analysis
- Account reconciliation modules
- AI-powered workpapers
- Priority customer support
Workiva Pricing
Pros & Cons
Numeric
Pros
- Significantly reduces time spent on manual month-end reconciliations
- Intuitive interface that feels familiar to Excel users
- Seamless integration with major ERPs like NetSuite
- Excellent customer support during the initial implementation phase
Cons
- Advanced AI features require a paid subscription
- Initial setup of complex workpapers takes time
- Limited customization for very niche industry reporting
Workiva
Pros
- Eliminates manual data entry errors through automated linking
- Simplifies complex SEC and ESG filing processes significantly
- Excellent customer support and dedicated success managers
- Strong version control and detailed audit history tracking
Cons
- Higher price point compared to basic reporting tools
- Initial setup and implementation requires significant time
- Learning curve for advanced XBRL tagging features