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Nominal in 2024: Year-End Wrap

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Nominal Team
Jan 13, 2025

Nominal’s AI accounting performance platform delivers the next-gen accounting and finance workflow automation.

With 42% of CFOs adopting AI solutions in 2023 and companies saving over 200 hours annually on automated tasks, Nominal is part of the industry leaders that's revolutionizing the future of finance and accounting.

Nominal 2024 Year-End Wrap

2024 Nominal Highlights

  • 50+ hours saved per month-end close
  • 16K+ AI Assistant interactions in the first 5 months of launching

Let the Data Speak

On average, Nominal helps each customer achieve:

  • 56 entities consolidated
  • 2,300 GL accounts consolidated
  • 797 spreadsheets replaced with automation
  • 224 automated tasks completed

Global Reach

Our platform processes transactions in 29 currencies, and here are the most used currencies:

  • USD (United States Dollar)
  • EUR (Euro)
  • GBP (British Pound Sterling)
  • INR (Indian Rupee)

About Nominal


Nominal is the next-generation accounting performance platform that leverages AI Agents to streamline and simplify accounting operations. We integrate directly with your existing tech stack—no migration required—and create a single, clear source of truth for your finances.

Our AI Agents handle time-consuming tasks, including:

  • Consolidating multiple entities across currencies
  • Automating variance analysis
  • Accelerating and simplifying month-end close

Book a demo today and discover how our AI-powered platform can streamline your workflows, eliminate manual tasks, and let your team focus on strategy.

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About the writer

Nominal's logo
Nominal Team
Nominal Team

Meet the Nominal Team: a collective of AI pioneers, data scientists, and community builders empowering accounting and finance professionals with practical AI applications that transform how finance and accounting teams work. We're passionate about demystifying AI and helping teams unlock new potential through innovative technology.

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