Nominal

Nominal

Software Development

New York, New York 1,056 followers

The financial operating system of the future.

About us

We are Nominal, and we empower the next-generation economy. Nominal modernizes and automates accounting and financial management, providing robust reporting, multi-entity consolidation, workflow automation (including accruals and revenue), lease compliance (ASC 842/IFRS 16), period-end close collaboration, and much more. Nominal's generative subledgers transform business logic into actions and insights using Generative AI - without the need for costly engineering or lengthy IT projects. Our shadow-ledger is implemented in days, not months, and seamlessly integrates with existing general ledgers and ERPs.

Website
http://nominal.so
Industry
Software Development
Company size
11-50 employees
Headquarters
New York, New York
Type
Privately Held
Founded
2023

Locations

Employees at Nominal

Updates

  • Nominal reposted this

    GenAI is indeed mind-blowing. I used Google's NotebookLLM to generate a podcast based on my recent post about my experience introducing AI to mid-market CFOs at Nominal and the 3 non-obvious lessons I learned. The content is nothing short of amazing, especially the “meta” part where the AI podcaster discusses whether AI will ever replace CPAs 🤯 Curious to hear your thoughts!

  • Nominal reposted this

    💪 Flexing our Flux Nominal is launching our "bottom lines" video series today. We will show real-world Al applications in finance and accounting. No Buzzwords, or vague "the future of..." headlines, only the tangible results our clients are seeing today. Stay tuned for next episodes - we'll dive into automated elimination entries, Al assistants, document abstraction and more.

  • View organization page for Nominal, graphic

    1,056 followers

    Wow, what a blast at the Dynamics User Group (DUG) event in Dublin, Ohio! 🚀 The Nominal team had an incredible time connecting with fellow finance innovators and sharing our vision for the future of ERP automation. It was a great opportunity to showcase our AI-powered workflows, which turn month-end chaos into streamlined clarity - all within a single platform! 💻✨

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  • Nominal reposted this

    Ever wondered how AI is transforming financial operations?  I recently chatted about just that on The SaaS CFO podcast! 🤖💼 It was a true pleasure to join Ben Murray a couple of months ago. We dove deep into how twin-ledger and GenAI technologies are reshaping the office of the CFO. During our conversation, we explored three key challenges in financial operations (and how AI can solve them): 1. 🏢 Multi-entity financial consolidation 2. 📊 The endless sprawl of Excel-based "workflows" 3. ⏱️ The dreaded prolonged close times Curious to hear more? The podcast link is in the comments below. And who knows? You might pick up some ideas to streamline your own financial processes! 🎧👇

  • Nominal reposted this

    View organization page for Nominal, graphic

    1,056 followers

    It's time to bring your accounting team out of chaos into clarity. Nominal is your new secret weapon to: - Accelerate financial consolidation and automate intercompany and elimination transactions - Help you organize and track work across all of your team members during month-end close - Automate manual tasks with generative AI - Ditch your spreadsheets and reconcile subledgers (leases, prepaid, etc..) with the click of a button No ERP migration, no risk, and no expensive engineering is required. We ❤ Great Plains, Sage 300, Sage Intacct, NetSuite, Xero, Quickbooks and more.

  • Nominal reposted this

    We all know it—working with ERPs can be a hassle. GenAI has the potential to "unclunk" the process. But what's behind the buzzwords? This interesting CIO Magazine®, featuring research from Forrester, suggests that the first step is "finding a problem". But what does that actually mean? Here's my playbook with three concrete steps you can take today: 1. 📊  Identify spreadsheets that involve processing documents (e.g., contracts, invoices), performing calculations, and posting the results back to the GL. 2. 🔍 Pinpoint the area with the highest compliance risk and investigate the root cause. Often, human error plays a significant role. 3. ⏰ Determine which tasks consume the most time during the period-end close. These are the areas where GenAI can make the biggest impact. Now that you know where to start, how can you implement GenAI to solve these challenges? DM me directly or visit Nominal's website (https://nominal.so) to learn more about our generative ledgers that require no migration, no engineering, and no risk. 🚀 https://lnkd.in/eNbFaxXY

    Generative AI’s killer enterprise app just might be ERP

    Generative AI’s killer enterprise app just might be ERP

    cio.com

  • Nominal reposted this

    View profile for Ricardo Cohen Pellico, graphic

    Head of Growth @ Nominal

    Already met some great folks attending the IMA24 Conference in San Antonio 🇺🇸 at the pool & spa before the welcome reception tonight. Come to our booth tomorrow/Tuesday if you’re here too - and learn what brought me from Madrid, Spain 🇪🇸 to Texas for this event. Nominal is a new AI accounting tool designed for controllers and their teams to automate manual and repetitive tasks. (Think of journal entry processes, day to day accounting in spreadsheets, month-end close…) It works as a layer on top of your ERP/systems - so there’s no need for migrations🤯 etc. We’ll be at booth 318! IMA | Institute of Management Accountants

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  • Nominal reposted this

    Attending AICPA Engage 2024? 🎉 AI is transforming the accounting landscape, and it's time to move beyond the buzzwords. At Nominal, we're excited to show you how our cutting-edge technology can accelerate your month-end close by 30-40 hours. I invite you to: 1️⃣ DM me (I personally respond to all messages) to discuss how Nominal can revolutionize your accounting processes. 2️⃣ Visit our Booth #104 to explore: ✅ Accounting Automation with Generative Subledgers ✅ Multi-Entity Consolidation and Management ✅ AI-driven Insights from Raw Accounting Data Let's connect and discover how Nominal empowers finance professionals to focus on strategy, not spreadsheets. #AICPAEngage2024 #AccountingAutomation #AI #FinanceTech #Innovation

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