What I like most about Nominal is how much visibility it gives me into our consolidation process. Being able to drill directly into balances and supporting detail makes it significantly easier to investigate variances and answer audit questions without having to pull information from multiple sources. The workflow around reconciliations and entity-level reviews has also helped keep our close process more organized and transparent. One of the biggest improvements to my workflow has been the time savings during monthly reporting and lender reporting. Instead of manually tracing balances across multiple spreadsheets, I can quickly review consolidated results, identify differences, and validate balances in one place. This has reduced the amount of time spent on manual tie-outs and allows me to focus more on analysis and review. An unexpected benefit has been how useful Nominal is during audit periods. Auditors frequently request support and explanations for balance movements, and having a centralized system with clear visibility into transactions and consolidations makes those requests much easier to address. It has also improved collaboration across teams because everyone is working from the same data set and reporting structure.

It provides a clear line of sight into our month-end tasks and the status of each one. I also appreciate the hands-on approach from the CEO and the onboarding team.

The ability of the system to automate routine, manual closing tasks and daily transactions is incredibly helpful in making the closing process more efficient and significantly reducing the opportunity for human error in accounting entries. The customization aspect ensures the functionality is meeting our needs and working the way we need to close more timely.