Numeric vs. SAP Advanced Financial Closing

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Numeric
Score 10.0 out of 10
N/A
Numeric, from Numeric headquartered in San Francisco, is a financial close software for enterprises and startups alike.N/A
SAP Advanced Financial Closing
Score 7.7 out of 10
N/A
The SAP Advanced Financial Closing solution helps organizations to meet regulatory disclosure mandates and gain real-time insights to make better decisions and ensure compliance.N/A
Pricing
NumericSAP Advanced Financial Closing
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NumericSAP Advanced Financial Closing
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
NumericSAP Advanced Financial Closing
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Numeric
-
Ratings
SAP Advanced Financial Closing
7.4
6 Ratings
5% below category average
Financial data consolidation00 Ratings7.55 Ratings
Journal entries and reports00 Ratings7.16 Ratings
Multi-currency management00 Ratings7.36 Ratings
Detailed Audit Trails00 Ratings7.66 Ratings
Customizable Workflows00 Ratings7.65 Ratings
Best Alternatives
NumericSAP Advanced Financial Closing
Small Businesses
Tipalti
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Score 7.5 out of 10
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Score 7.5 out of 10
Medium-sized Companies
FloQast
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Score 8.8 out of 10
FloQast
FloQast
Score 8.8 out of 10
Enterprises
FloQast
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Score 8.8 out of 10
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Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NumericSAP Advanced Financial Closing
Likelihood to Recommend
10.0
(1 ratings)
7.6
(6 ratings)
Usability
-
(0 ratings)
7.4
(6 ratings)
User Testimonials
NumericSAP Advanced Financial Closing
Likelihood to Recommend
Numeric
Numeric helps connect our finance and accounting teams like never before. It works for me individually and in a team capacity. Whether tracking my own tasks or checking the progress of other collaborative tasks Numeric has been perfect. The flux analysis has also made it incredibly easy to drill down into details of where our books have changed month over month. As such, I can ask more concise questions of our accounting team.
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SAP
If asked, I think I am likely to recommend SAP Advanced Financial Closing to a colleague for MEC (month end closing)
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Pros
Numeric
  • Makes the organization of tasks super easy to monitor both others and myself
  • Flux analysis helps prepare our variance to see where accounts may have had changes we want to highlight
  • Is extremely user friendly to update lists and documentation
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SAP
  • KPI (Key Performance Indicator)
  • I think SAP Advanced Financial Closing does transparency well
  • Walk me
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Cons
Numeric
  • There are no areas to improve that I can think of. The team is always responsive and really open to my feedback and ideas which I love.
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SAP
  • In my opinion, SAP Advanced Financial Closing has room for improvement with Variants
  • In my experience, Backend Customization has room for improvement in SAP Advanced Financial Closing
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Usability
Numeric
No answers on this topic
SAP
The date generated by the product is reliable, however it could be improved in terms of speed especially when it comes to high number of transaction data.
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Alternatives Considered
Numeric
In the past, I have used FloQast and the UI was not as appealing as Numeric; nor was it nearly as intuitive. I think Numeric is better overall and works well for our team.
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SAP
It enables faster and continuous close
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Return on Investment
Numeric
  • It has allowed us to stay smaller as a team as we can organize and check our work more efficiently
  • A huge positive impact on letting stakeholders know where we are in the close process
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SAP
  • SAP Advanced Financial Closing has had a positive impact on our business
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ScreenShots