Nominal
Automated Reconciliation Powered by Agentic AI – Precision Accounting Made Simple
Nominal is an Agentic‑AI‑driven automation platform crafted for enterprises juggling multiple ERP systems. It streamlines reconciliation, transaction matching, consolidation, and cross‑company accounting by turning labor‑intensive data comparison into a deterministic, self‑driving workflow. The platform pulls transaction data in real time from each ERP, uses advanced algorithms to match identical or similar entries, and automatically generates adjustment suggestions when discrepancies arise—cutting manual review time and reducing errors.
What Problem Does It Solve?
Large conglomerates and multinational firms often run several ERP systems, leading to fragmented data, tedious reconciliations, and high error rates. Nominal’s deterministic agents deliver end‑to‑end reconciliation and consolidation, freeing finance teams from manual transaction checks, lowering labor costs, and boosting the timeliness and reliability of financial reports. It also supports automatic offsetting of inter‑company transactions, simplifying the preparation of consolidated statements.
Who Is It For & How It Works
Nominal is ideal for group finance, accounting departments, and consulting firms that manage multiple ERPs. Users simply configure ERP connection details and reconciliation rules on the platform. The system then automatically retrieves data, performs matching and adjustments, and produces audit‑ready reports and adjustment proposals. Finance professionals can quickly review and approve changes within the platform, completing the final consolidation and report generation.
Key Features
- Deterministic AI agents
- Multi‑ERP connectivity
- Automated transaction matching
- Auto‑generated adjustment suggestions
- Cross‑company offsetting
Pros
- Significantly cuts manual reconciliation costs
- Enhances data consistency and accuracy
- Supports multiple ERP systems
Cons
- Requires upfront ERP interface setup
- Steeper initial learning curve
Use Cases
- Monthly group reconciliation
- Inter‑company transaction offsetting
- Automated consolidation reporting
Editor's Note
An AI‑agent‑centric reconciliation solution that saves time and effort in finance workflows.
FAQ
Which ERP systems does Nominal support?
Nominal connects via open APIs and works with any ERP that offers a data export interface, covering the most common systems on the market.
Can the matching results be reviewed manually?
Yes. After automated matching, the platform presents adjustment suggestions that users can inspect, edit, and approve to ensure alignment with company policies.
How long does implementation take?
Implementation time varies by company size and number of ERPs—from a few days to several weeks. Nominal offers a standardized setup process and consulting support to accelerate deployment.
