Numeric and Rooled Partner to Enhance Financial Automation for Fast-Growth Firms

The Strategic Partnership of Numeric and Rooled



In a move set to transform financial automation for rapidly growing companies, Numeric, a leader in AI-powered close automation, has partnered with Rooled, a prominent CAS, fractional-CFO, and tax consultancy. This collaboration aims to offer advanced close management and accounting analytics services tailored for startups and high-growth firms.

Who Are Numeric and Rooled?


Numeric has established itself as a key player in the finance technology space since its founding in 2020. Their AI-driven close automation platform streamlines complex accounting tasks, significantly reducing the manual workload that traditionally bogs down financial teams. With offices in San Francisco, New York, and London, Numeric serves a variety of notable companies, including OpenAI, Brex, and Plaid.

On the other hand, Rooled is known for providing top-notch accounting and financial advisory services to venture-backed enterprises. Their innovative approach combines a deep understanding of business finance with cutting-edge technology, positioning them as a trusted partner for firms here and abroad. Rooled’s clientele includes industry giants like Slack, Stripe, and Pinterest.

What the Partnership Aims to Achieve


The collaboration between Numeric and Rooled focuses on equipping startups with the tools necessary to manage their financial processes more effectively. By integrating Numeric’s close automation platform, Rooled will enhance its offerings with features that include:
  • - AI-Powered Close Automation: This will streamline reconciliations and analysis, helping companies close their books quicker.
  • - Improved Controls and Audit Readiness: A unified platform will make it easier for clients to maintain oversight and prepare for audits.
  • - Scalable Growth Infrastructure: The partnership is designed to support companies at various stages, from early development to IPO readiness and beyond.

Parker Gilbert, Co-Founder and CEO of Numeric, stated, “Rooled is one of the most respected CAS firms, especially in tech, and our mission aligns perfectly with their values. Together, we’re redefining financial infrastructure for companies looking to scale with precision.”

Insights from Rooled


Johnnie Walker, Co-Founder of Rooled, emphasized the importance of leveraging the right tools for financial management, noting, “Numeric’s platform stands out due to its usability and AI-driven workflows, drastically reducing manual intervention for our clients. We’re excited to see the impact this will have on our closing processes and financial insights.”

Why This Matters for High-Growth Startups


As the business landscape continues to evolve, high-growth companies require innovative solutions to manage their finances efficiently. This partnership not only provides advanced tools but also incorporates an underlying strategy that aligns technology with financial expertise, which is pivotal for companies navigating periods of significant growth.

By implementing these innovative solutions, startups using Rooled’s services will gain enhanced visibility into their financial data, empowering them to make informed decisions faster. As they encounter critical growth phases, having reliable financial infrastructure becomes increasingly essential, and this partnership addresses those needs head-on.

Conclusion


In conclusion, the strategic collaboration between Numeric and Rooled marks a significant advancement in financial technology, particularly for high-growth companies that are looking to modernize their accounting processes. As both firms combine their expertise, the future looks promising for startups aiming to scale their operations successfully. This partnership is a clear indication of the evolving role of technology in finance, providing a vital support system for the next generation of innovative companies.

Topics Financial Services & Investing)

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