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Numeric vs. OneSumX for Anti-Money Laundering (AML)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Numeric

    Score10 out of 10
    N/ANumeric, from Numeric headquartered in San Francisco, is a financial close software for enterprises and startups alike.N/A

    OneSumX

    Score9 out of 10
    N/AOneSumX, from Wolters Kluwer, is a product line providing compliance management, risk management, and financial crime control.N/A
    Pricing
    NumericOneSumX
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    NumericOneSumX
    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
    Best Alternatives
    NumericOneSumX
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    BlackLine
    Score8.9 out of 10
    No answers on this topic
    Enterprises
    BlackLine
    Score8.9 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    NumericOneSumX
    Likelihood to Recommend
    10.0
    (1 ratings)
    9.0
    (1 ratings)
    User Testimonials
    NumericOneSumX
    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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    Wolters Kluwer
    Wolters Kluwer OneSumX is a perfect fit for almost all financial risk management needs. More to running financial risk analytics to help you keep an eye out on any possible financial risk, it offers outstanding functionalities in entire business regulatory analytics and reporting to help you run your business within its regulatory compliance.
    Incentivized
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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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    Wolters Kluwer
    • It is easy to run various scenario analyses and stress testing on various financial activities in order to get useful metrics about possible financial risks.
    • It allows one to easily and fast process even huge amounts of data thus saving time and resources spent performing these activities.
    • It is flexible and easy to customize in order to fit your working criteria so as to best meet your financial risk management needs.
    • It is easy to have a full review of the entire balance sheet for easy data modelling.
    Incentivized
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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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    Wolters Kluwer
    • The price of the payment packages is a little bit high and this means it is not suitable for use by small-scaled businesses.
    • It has a wider range of features whose usage needs some time to train and master. This consumes extra resources and time.
    Incentivized
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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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    Wolters Kluwer
    Everything about Wolters Kluwer OneSumX stands out when compared to other similar products. Talk of its well-organized interface and dashboard, the number and quality of financial risk management features all the way to the quality of the support offered by the support team. Its ease of deployment is another standalone factor.
    Incentivized
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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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    Wolters Kluwer
    • It has helped us to streamline our financial risk management experience such that we are able to detect possible financial risks in good time and deal with them accordingly.
    • It has helped us to generate accurate and transparent regulatory reports that
    • guides us in ensure regulatory compliance is met.
    • It has allowed us to run analyses on our financial processes based on different scenarios in order to detect possible financial risk threats.
    Incentivized
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