Nominal
Nominal automates accounting tasks, enabling users to manage multi-entity finance, streamline month-end closes, and ensure compliance with accounting standards like ASC 842 and ASC 606.
š What is Nominal?
"Nominal is a financial automation tool designed to streamline accounting processes, particularly for multi-entity organizations. It leverages AI to enhance efficiency in financial consolidation, close management, and compliance with accounting standards."
š Key Features
Financial Consolidation
Achieve multi-entity finance consolidation in a single click, ensuring accurate financial information across all entities.
Close Management
Accelerate month-end closing processes with data-driven collaboration and task management.
Accounting Automation
Streamline operations using generative AI to automate repetitive accounting tasks.
Lease Accounting
Manage lease lifecycle efficiently while ensuring compliance with ASC 842/IFRS 16.
Revenue Recognition
Simplify revenue management with AI-powered workflows that ensure compliance with ASC 606/IFRS 15.
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Verify This Pageš¤ AI Capabilities
Overview
Nominal utilizes generative AI to automate accounting processes and enhance decision-making.
Capabilities
- Generative Accounting
- Automated Workflows
- Data Analysis
AI Models
GPT
Generative
Interprets business logic into operational workflows.
š° Pricing and Plans
Pricing Overview
Pricing details are not explicitly provided on the website.
š Security and Compliance
Security Overview
Nominal prioritizes security and compliance with industry standards.
Security Measures
- Data Encryption
- Access Controls
- Regular Security Audits
Certifications & Compliance
š Additional Information
Competitive Advantage
Nominal's unique selling points include its AI-driven automation and seamless integration capabilities.
- Generative AI for accounting
- Multi-entity consolidation
- Streamlined workflows
Future Developments
Nominal plans to enhance its features based on user feedback and industry trends.
- Enhanced AI capabilities
- More integrations
- User interface improvements
Update frequency: monthly
Integration and Deployment
Nominal integrates seamlessly with existing accounting software and financial systems.
Integrations:
- Accounting Software
- CRM Platforms
- Billing Systems
Deployment Type: cloud-based
User Interface
A comprehensive platform that allows users to manage tasks and workflows efficiently.
Support and Resources
Nominal offers various support resources for users.
Support Types:
- Email Support
- Knowledge Base
- Webinars
Training Resources:
- Documentation
- Tutorials
š Links
š Success Stories and Testimonials
Customer Feedback
Nominal has received positive feedback from various clients.
Unverified Page
This page has not yet been verified by the software vendor. The information presented here may not be fully accurate or up-to-date.
Are you the vendor of Nominal? Verify this page to ensure all data is accurate and up-to-date.
Verify This Page