Nominal
Revolutionize finance with AI-driven automation and data insights.. [Contact for Pricing]
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What is Nominal?
Nominal is the first agentic AI platform that actually runs your accounting. It plugs into your existing systems and runs accounting workflows autonomously, so finance teams can spend less time doing manual work and more time driving the business. Unlike traditional systems that assist accounting teams, Nominal's agents run the work itself.
The platform offers consolidation and intercompany management, transaction matching, agentic bank and credit card reconciliations, reporting and variance analysis, close management, journal entry automation, policy enforcement, and agentic balance sheets and reconciliation apps. It features a shadow ledger—a unified, bi-directional data ledger across entities, systems, and currencies—supporting multi-entity consolidation, intercompany management, and multi-book reporting.
Nominal is designed for upper mid-market and enterprise companies with large, complex accounting operations. It works with any ERP (including QuickBooks, NetSuite, Xero, SAP, Sage, Oracle), national and regional banks, and procurement systems. The platform is ideal for controllers who want to trust their numbers, CFOs who need real-time insights, and finance teams tired of manual spreadsheet work and outdated tools.
The platform delivers 3x operational efficiency, requires 0 ERP changes, and reduces hiring needs by 65% over time. It has already saved finance teams over 50,000 hours of manual accounting work. Nominal is SOC 1 Type II and SOC 2 compliant, built by cybersecurity veterans with intelligent access controls, audit-proof workflows, and read-only data protections.
Nominal pricing
Pricing model: Freemium
Nominal does not publish public pricing on its website. Pricing varies based on the number of entities, users, and specific requirements. The platform offers a risk-free 60 to 90-day proof of concept agreement before any contract begins, allowing teams to evaluate Nominal in a live environment with full support. For accurate pricing details, companies must contact Nominal directly. The platform is positioned for upper mid-market and enterprise companies, and may be cost-prohibitive for smaller companies or startups.
Nominal pros
- First agentic AI platform that actually runs accounting workflows
- Works with any ERP without requiring migration or changes
- 3x operational efficiency improvement
- 65% less hiring required over time
- Zero ERP changes needed for implementation
- 60-90 day proof of concept before contract begins
- SOC 1 Type II and SOC 2 compliant for enterprise security
- Automated multi-entity consolidation with intercompany elimination
- AI-generated variance analysis explanations with narratives
- Deterministic AI agents built for accuracy and auditability
- Shadow ledger provides unified bi-directional data across entities
- Auto-drafting variance explanations save hours of manual work
- AI-generated executive monthly reports
- Intuitive CoPilot with actionable financial insights
- Fully customizable financial statements (BS, P&L, EBITDA, Cash Flow)
- Read-only data protections ensure no system modifications
- Resolution agents automatically solve discrepancies
- Full audit trail for every action taken
- Implementation takes as little as 10 minutes for QuickBooks
- No long implementations or custom scripts required
Nominal cons
- May be cost-prohibitive for smaller companies or startups
- Targeted at upper mid-market and enterprise, not small businesses
- Requires access to accounting database for implementation
- New platform (founded 2023) with less track record than incumbents
- Primarily focused on financial close, not full ERP replacement
- Learning curve for teams unfamiliar with agentic AI concepts
- Limited public pricing transparency—requires sales contact
- Best suited for companies with multiple entities or complex operations
Frequently asked questions about Nominal
Is Nominal safe for my financial data?
Yes. Nominal was built from day one with security at its core. Your financial data is never shared with external AI models and is always processed securely within the platform. Nominal is fully SOC 1 and SOC 2 compliant and goes beyond baseline controls to ensure information stays private, protected, and audit-ready.
Does Nominal work for multi-entity companies?
Yes. Nominal is purpose-built for multi-entity environments. The platform supports automated intercompany eliminations, detects cross-entity transactions, and handles FX translation out of the box, making it easy to consolidate and report without manual workarounds.
What kind of reports can Nominal generate?
Nominal provides customizable financial statements along with AI-generated reports that surface key insights automatically. This includes fully customizable Balance Sheets, P&L, EBITDA, and Cash Flow statements, plus AI-generated executive monthly reports. The built-in assistant answers complex financial questions instantly.
How does Nominal differ from BlackLine?
Unlike BlackLine, which relies on templates and manual configurations, Nominal uses AI agents that learn your workflows to automate reconciliations, flux analysis, and reporting in real time. Nominal is Gen III (founded 2023) while BlackLine is Gen I (founded 2001). Nominal also integrates directly with existing ERP without requiring migration or heavy IT support.
Can I switch from BlackLine to Nominal?
Yes. Nominal is often chosen by teams who find BlackLine too complex, slow to implement, or difficult to scale. With AI-powered workflows and real-time ERP integration, Nominal offers a faster and more flexible path to close automation.
How is Nominal different from FloQast?
FloQast supports task tracking and checklist-based workflows, mostly for teams still using Excel. Nominal replaces those spreadsheets with intelligent automation that executes tasks, syncs across ERPs, and delivers full audit visibility for growing or global finance teams. BlackLine and FloQast offer partial automation using templates or Excel overlays, while Nominal delivers AI agents that handle reconciliations, variance, reporting, and approvals.
Does Nominal eliminate spreadsheet tracking?
Yes. Nominal eliminates the need for manual spreadsheet tracking by automating reconciliations, variance analysis, and reporting within a centralized platform. You gain real-time visibility without relying on Excel checklists.
What ERPs does Nominal integrate with?
Nominal integrates seamlessly with existing ERP stacks including QuickBooks, NetSuite, Xero, SAP, Sage, Oracle, and more. The platform is ERP-agnostic by design and works with any ERP, ledger, or data source. Smart data mapping ensures smooth syncs across systems.
What is the implementation process like?
Nominal implementation is almost effortless. For QuickBooks, users log in and ten minutes later all QuickBooks information is in Nominal. For other systems, the team gives access to the accounting database and Nominal takes it from there. There are no long implementations and no custom scripts required. The platform starts with a 60-90 day proof of concept.
What is Agentic Performance Management?
Agentic Performance Management is Nominal's core approach where deterministic AI agents run accounting work instead of just assisting. The agents handle transaction matching, reconciliation, variance analysis, policy enforcement, and discrepancy resolution autonomously. Unlike tools requiring preset rules or templates, Nominal's agents learn from your data and processes to surface anomalies, reduce risk, and accelerate close without changing core systems.