Numeric: AI in Accounting
Discover how Numeric automated up to 70% of accounting tasks using AI, improving precision and freeing time for strategic work.
Background
Accountants across the globe still spend far too much time on repetitive tasks like reconciliations, month-end closings, and documentation. These manual processes result in high costs, risk of error, and less time for client-focused advisory work.
The Solution
U.S.-based company Numeric built an AI-powered platform that connects with accounting systems like QuickBooks and Xero. It automates:
- Account reconciliations
- Month-end closing tasks
- Flagging anomalies in transactions
Results
- Reduced manual effort by 50–70%
- Improved reporting accuracy
- More time for advisory and analysis
What It Means for You
Similar solutions can be implemented in Norway using SAF-T integrations with platforms like Tripletex, PowerOffice Go, and Visma.