April 2024 Product Update

Numeric AI Assistant Preferences

Context matters in accounting. In Numeric, you can now provide context for our AI assistants to take into account, specifying:

• Your Industry

• Your Auditor

• Your Public Company Comps

• Your Accounting Standards (IFRS / GAAP / UK GAAP)

Accounting policy drafts you generate & any technical accounting questions you ask will then reference industry-specific notes and cite examples from your public company comps.

Navigate to our AI Assistant, then click into Options to customize.
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🏷 Numeric AI Assistant (GAAP Bot, Policy Bot)

Big 4 Citations for Technical Guidance

What is PWC's guidance on internal-use software? After selecting your auditor in your preferences, when you ask technical accounting questions to our Numeric AI Assistant, we'll now cite and link out to any relevant documents your auditor has published on the topic.
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Technical accounting research just got easier ✅
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🏷 Numeric AI Assistant (GAAP Bot, Policy Bot)

Numeric AI Flux Preferences

Numeric users love letting AI take the first pass at flux explanations. You can now apply templates to further tailor the response to how your team specifically writes explanations.

Create a template specific to payroll or revenue. Pull from memos or departments from underlying transactions. Draft the explanation in bullet points.

With custom instructions, you can now define formatting, focus area drivers, or the length of AI-drafted explanations.

In the Flux module, click to add an explanation, then select the template dropdown. Navigate to existing templates or create a template from scratch.

🏷 Flux Analysis, available for NetSuite users. Coming soon for Xero & Quickbooks Flux users.

Expanded Threshold Support on Reconciliations

Set materiality thresholds as a percent or a dollar amount? A percentage AND a dollar amount? We've made it easier to flexibly apply or delete variance thresholds that are a blend of $ and % amounts on a row, report, and organization level.

🏷 Reconciliations