# Velocity Labs Inc. DBA Numeric
*Also known as Numeric*

- Website: https://www.numeric.io
- Agent profile: https://directory.haycion.ai/agents/numeric-io

> AI-driven platform that unifies close, reporting, and cash management for accounting teams to deliver real-time financial clarity.

Numeric is an AI-driven close automation platform that unifies close management, reporting, and cash for complex accounting teams. It is building a new operating system for finance teams - a real-time data platform that brings accounting into a single source of truth and automates repetitive close and reconciliation tasks. The organization aims to empower every business to have perfect financial clarity, improving decision-making by delivering real-time financial data and analytics. Numeric targets accounting and FP&A professionals at growing, data-driven companies and emphasizes a culture of execution, craftsmanship, and collaboration through close alignment of people, processes, and technology. The roadmap includes expanding critical accounting workflows, with a focus on accuracy, speed, and audit-readiness through automation and AI.

**Mission:** Empower every business to have perfect financial clarity.

## Products & Services

### [Close Management](https://www.numeric.io/product/close-management)
*Platform*
Drive efficiency and clarity in your financial close process with real-time insights and automation.

- **Close Checklist** — Enhance Operational Efficiency
- **Account Reconciliation** — Automate Reconciliations
- **Bank Integrations** — Streamline Banking Transactions
- **Transaction Monitors** — Flag Data Issues
- **AI Insights** — Improve Close Processes

### [Cash Management](https://www.numeric.io/product/cash-management)
*Product*
Enhance cash visibility and streamline reconciliation with AI-powered cash management.

- **Bank Integrations** — Integrate With Thousands Of Banks
- **Cash Matching** — Automate 90%+ Of Your Bank Recs
- **JE Automation** — Draft And Post JEs Instantly
- **Real-Time Cash Visibility** — Monitor Cash Positions In Real-Time
- **Exception Handling** — Surface Exceptions In One Place

### [Numeric Intelligence](https://www.numeric.io/product/ai-in-numeric)
*Platform*
Streamline accounting processes with AI-driven real-time insights and automation.

- **AI-Powered Close Automation** — Automate Repetitive Close Tasks
- **Real-Time Financial Data** — Enable Real-Time Decision Making
- **Unified Platform** — Integrate Financial Data
- **Flux Analysis** — Understand Variance Drivers
- **Transaction Monitoring** — Identify Potential Errors

### [Analytics Suite](https://www.numeric.io/product/analytics-suite)
*Product*
Empower financial clarity with real-time analytics and automated reporting.

- **Flux Analysis** — Automate Variance Explanations
- **Reporting** — Create Instant Reports
- **Customizable Dashboards** — Visualize Data Effectively

## Market Segments

- **Financial close and consolidation** (market size $3.3B, CAGR 9%): Month-end close orchestration including account reconciliations, intercompany eliminations, financial consolidations and tax provisioning to accelerate and govern the close process.
- **Treasury and cash management** (market size $7.5B, CAGR 14%): Real-time cash visibility, AI-driven cash flow forecasting, and actionable liquidity insights to optimize working capital and treasury operations.
- **Account reconciliation and journal automation** (market size $2.8B, CAGR 14.1%): Automates account reconciliations, cash matching, exception workflows, and drafting/posting of journal entries to improve accuracy and audit-readiness.
- **Financial reporting and analytics** (market size $10.5B, CAGR 11.5%): Automated, investor-ready financial reporting and real-time insights to support decision-making, burn-rate analysis, and external reporting.