Numeral
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Numeral is the new standard for payment operations making participating in the payment schemes and designing and automating custom payment workflows easy and cost-effective for fintech. With its API-first approach coupled with a central dashboard for financial operations teams, Numeral supports any company looking to build a product that moves money with their banks.
About Numeral Numeral offers a suite of specialized, high-performance products designed to streamline and automate the financial operations of businesses dealing with high-volume transactions and intricate revenue structures. Our suite includes the Revenue Recognition Platform, Cash Reconciliation, and Data Reconciliation tools. Revenue Recognition Platform Our Revenue Recognition Platform revolutionizes your revenue reporting process, automating even the most complex revenue channels and facilitating a faster, more precise closing of your books. The platform features a rules engine based on Excel syntax, offering unlimited flexibility to create custom revenue recognition rules. You'll also gain access to real-time revenue data, a detailed audit trail, and seamless General Ledger Integration. Cash Reconciliation With our Cash Reconciliation tool, you can maintain the accuracy of every transaction and prevent balance mistakes. This tool is designed to reconcile your financial statements with your bank statements, ensuring accurate tax returns and improved cash forecasting. Additionally, it takes into account currency variations and timing differences that often challenge accounting teams in high-volume businesses. The Cash Reconciliation tool strives to perfectly match revenue transactions and achieve a net to 0 balance. Data Reconciliation Our Data Reconciliation tool ensures your data is consistent across multiple systems. You can choose which fields you want to reconcile, and the tool will automatically spot and flag any discrepancies. It promotes cross-system harmony, streamlines operations, and reduces the risk of costly errors. Experience accurate, efficient, and automated data reconciliation with Numeral. Who Uses Numeral? Our product suite is ideal for Controllers and Directors of Accounting in businesses with high-volume transactions and complex revenue models. Numeral effectively manages the complexities of credits, refunds, disputes, accruals, deferrals, upgrades, downgrades, cancellations, and more, offering a comprehensive, accurate, and automated approach to financial management. Why Choose Numeral? Numeral offers an intuitive, user-friendly suite of products that simplifies complex financial operations. Navigate the intricacies of compliance with ease, unlock the benefits of real-time data access, and enjoy seamless integration with your existing systems. From revenue recognition to cash and data reconciliation, Numeral offers unrivaled solutions to prepare and scale your financial operations for the future.
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What is Numeral?
Numeral is a financial technology company that specializes in providing payment automation solutions for businesses. Their platform focuses on streamlining bank payment operations by integrating with banks via API to automate transfers, manage transactions, and enhance the efficiency of financial workflows. Numeral caters primarily to corporations seeking to modernize their payment processes and improve operational efficiency.
