Numeral

Since starting in 2022 we’ve proudly processed over $500M in revenue through our platform, fundamentally reimagining revenue accounting for high-volume businesses. Onwards and upwards!

For high-volume businesses, reconciling every transaction from order to cash can be unfeasible manually in spreadsheets, so many accounting teams still rely on a “big picture” approach and summary-level reconciliation. Ready to see how transaction-level reconciliation can transform your financial operations? Read the full article here: https://lnkd.in/gEhQXkAs

How do you handle upfront payments that span multiple months or years? The answer is a Deferred Revenue Waterfall Report—a roadmap showing when payments shift from “deferred” to “earned.” It’s crucial for compliance, transparent forecasting, and managing subscription changes. Curious to learn more? Read the full article here: https://lnkd.in/gAbDHXZT

We are excited to welcome Matthew Child to our growing GTM team! Matt joins us previously from KPMG with a background in financial reporting and audit. He is an avid snowboarder, his favorite Premier League soccer team is Arsenal and he is training for his first half marathon. Welcome Matt!

Why is cleaning, organizing, and consolidating financial data so challenging? From siloed systems to inconsistent formats, high-volume businesses face an uphill battle in creating a single source of truth for their financial data. But tackling this complexity is essential for scaling efficiently, improving investor confidence, and staying compliant. Learn how “Numeralizing” your financial data can transform your operations and unlock new opportunities. ?? Read the full article here: https://lnkd.in/gUQkftXw

Struggling with year-end revenue reporting? Our latest guide covers everything from reconciling deferred revenue to analyzing unbilled amounts—making sure you start the new year on a solid financial footing. Read the full article for the complete checklist: https://lnkd.in/gvnxu5nm

Struggling with messy revenue data across multiple billing and payment systems? It’s not just annoying—it’s risky. Learn how to streamline revenue recognition, maintain compliance with ASC 606 and IFRS 15, and free your team to focus on strategic insights instead of manual reconciliations. Read the full article: https://lnkd.in/g79jSQkE

Refunds might look straightforward, but for high-volume businesses, they can quickly turn into a financial and operational challenge. From revenue recognition and inventory adjustments to fraud risks and cash flow impacts, refunds touch every corner of your accounting process. Discover strategies to simplify refund management, maintain financial clarity, and keep your customers and accountants happy. ?? Read the full article to learn how to tackle refund complexity effectively: https://lnkd.in/gqjaDXhy

Revolutionize Your Financial Management with Daily Book Closures Switching to daily financial closes can transform your business by providing real-time insights, improving decision-making, and enhancing cash flow management. Read the full article here ?? https://lnkd.in/eZ5qvG5g

Mastering Revenue Recognition in E-commerce ?? E-commerce brands face unique challenges when it comes to revenue recognition—from complex payment models and bundled offerings to international sales and high return rates. Accurate revenue recognition isn't just about compliance; it's about laying a solid foundation for sustainable growth and investor confidence. We've delved deep into this topic in our latest blog post: "Revenue Recognition Best Practices for E-commerce Brands: A Comprehensive Guide for Modern Fintech Solutions." ?? What you'll learn: - The five-step revenue recognition model (ASC 606/IFRS 15) and how to implement it. - How advanced accounting automation can transform your financial operations. - Best practices for handling complex transactions, multi-currency sales, and high data volumes. Strategies to stay ahead of regulatory changes and ensure audit readiness. Equip your e-commerce business with the tools and knowledge to navigate revenue recognition complexities effortlessly. ?? Read the full guide here: https://lnkd.in/gy5A4M6x