What problem does Nominal solve for accounting teams?
Nominal eliminates the manual busywork of accounting close processes. Its agentic AI platform plugs into existing systems to execute tasks like reconciliation, journal entries, and intercompany workflows, freeing teams to focus on business value. This addresses the problem of operational inefficiency in finance.
What features, surfaces, or integrations does Nominal offer?
Nominal offers an agentic platform with features for Close, Consolidate, and Intercompany workflows. It includes a Data Shadow Ledger, Always-On Agents, and Close Management. It integrates with every ERP, national and regional banks, and procurement systems.
What are the key outcomes or benefits Nominal claims to deliver?
Nominal claims to deliver 3x operational efficiency, require zero ERP changes, and lead to 65% less hiring required over time. These outcomes are presented as autonomous, accurate, and always-ready performance.
What is Nominal used for, and in what situations?
Nominal is used to run the entire accounting close cycle autonomously. It is for financial close management, including account reconciliation, bank reconciliation, journal entries, multi-entity consolidation, and intercompany settlement. It is used by companies to streamline complex, multi-entity financial operations.
Who is Nominal designed for?
Nominal is designed for finance and accounting teams, particularly within large, complex companies. The platform is trusted by heads of finance and CFOs at companies managing multi-entity financial operations.
What is Nominal?
Nominal is an agentic AI platform that runs accounting workflows, such as reconciliation, journal entries, and intercompany settlement, for finance teams.