
From Spreadsheets to AI: The Evolution of Financial Consolidation
From manual spreadsheets to AI-driven automation, financial consolidation has evolved in addressing the growing complexities of modern finance.
Green Street Power Partners (GSPP), a national solar energy developer, leveraged Nominal's AI-powered platform to automate financial consolidation across 280+ entities, manage 200+ monthly transactions, and ensure ASC 842 compliance for 115+ leases. By implementing Nominal, GSPP saved over 60 hours per month on financial processes, streamlined their month-end close, and gained real-time visibility for executive decision-making, transforming their finance team from data wranglers to strategic partners.
Is it time to say goodbye to excel? The evolution of accounting processes has shifted from manual Excel processes to AI-powered automation. While ERP and RPA solutions have improved efficiency, AI Agents now offer a more adaptive, intelligent, and scalable approach. With real-time data integration, natural language processing, and automated exception handling, AI Agents redefine how financial operations are managed.