Nominal is a generative AI platform built to automate core finance and accounting processes. It’s designed for finance and accounting teams that need faster consolidation, cleaner data, and more reliable reporting across one or multiple legal entities.
What Nominal helps with
- Consolidating financial data across multiple entities
- Automating routine accounting operations
- Simplifying revenue recognition workflows
- Reducing errors caused by manual data entry
- Generating reports faster using AI-driven workflows and rules
How it works
- Sign up on the platform
- Connect accounting systems and other data sources
- Set consolidation and automation parameters
- Nominal builds workflows and reports based on your rules
- Review consolidated reports and manage operations in the interface
Considerations
- New users may need time to learn the system
- Requires a modern digital setup to support integrations
- Pricing may be high for small businesses
