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What is Nominal?

Transform your business operations through automated workflows driven by AI, enabling you to focus on strategic priorities rather than being overwhelmed by spreadsheets. By streamlining transactions that traverse various disconnected systems, you can significantly improve your oversight of comprehensive cross-entity transaction networks. Nominal effectively standardizes and consolidates diverse data from multiple accounting platforms, ensuring that precise financial information is always available in a centralized hub. It not only recognizes, suggests, and executes complete transactions but also handles inter-company eliminations, leading to tidy and audit-ready financial documentation. With seamless integration into your accounting software and the wider financial landscape, Nominal's twin-ledger offers a synchronized multi-entity general ledger that consistently aligns with all your financial records, reducing migration needs and lowering risk. Furthermore, Nominal accommodates third-party integrations and includes built-in sub-ledgers to guarantee compliance with accounting standards such as lease accounting and revenue recognition. By harnessing the power of generative AI, you can automate and enhance your specific business operations, boosting both efficiency and productivity. This cutting-edge strategy equips businesses to swiftly adapt to evolving circumstances while ensuring financial precision remains intact. As a result, organizations can thrive in an increasingly complex financial environment, achieving better decision-making and enhanced performance.

What is Elysys Multi-Company?

Elysys Multi-Company is a powerful tool tailored for managing diverse legal entities and organizational frameworks in Microsoft Dynamics 365 Business Central. It streamlines intercompany transactions, such as journals and cash transfers, while providing consolidated financial insights and thorough oversight at the group level, assisting finance teams in coordinating efforts among related companies. Targeted at family offices, financial institutions, investment firms, and other organizations involved in multi-entity financial management, this application proves invaluable for structures like holding companies, subsidiaries, and investment vehicles that seek a cohesive understanding of group finances while ensuring detailed accounting at the entity level. By bolstering the features of Business Central, it seamlessly unifies intercompany activities and financial data within a single application environment, thereby optimizing financial management processes. This integration not only makes reporting more straightforward but also fosters a collaborative operational environment in which all participating companies can thrive within a shared financial framework, enhancing overall efficiency and transparency. Ultimately, the tool empowers organizations to navigate complex financial landscapes with greater ease and accuracy.

Media

Media

Integrations Supported

Google Sheets
Microsoft Excel
NetSuite
Priority Software
QuickBooks Online
Sage 100
Xero

Integrations Supported

Microsoft Dynamics 365 Business Central

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

Not specified

Customer Service / Support

Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Not specified

Company Facts

Organization Name

Nominal

Date Founded

2023

Company Location

United States

Company Website

www.nominal.so/

Company Facts

Organization Name

Elysys

Date Founded

2006

Company Location

Monaco

Company Website

www.elysys.com

Categories and Features

AI Automation

Not specified

AI Tools

Not specified

Lease Accounting

Not specified

Revenue Recognition

Not specified

Task Automation

Not specified

Categories and Features

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