Nume

What is Nume?

Nume is an AI CFO designed for CEOs and finance teams of startups and SMEs. It connects to your financial data sources—like QuickBooks, Xero, and 12,000+ banks—to deliver a live financial system that proactively monitors performance and keeps your business on track. Built by the team behind Scaleup Finance, Nume aims to provide 24/7 financial intelligence, automating essential finance tasks and offering insights that would typically require a human CFO.

How Nume works

Nume works in three simple steps:

1. Connect your data: Link your ERP system (e.g., QuickBooks, Xero) and bank accounts securely with one click. Nume uses read-only access, so it can't modify or delete your data.
2. Personalise Nume: Answer a few quick questions about your business goals and preferences to tailor insights.
3. Get AI-powered insights: Your AI CFO is ready. Ask questions, explore scenarios, and receive instant answers about your finances.

Nume runs a personalized CFO action plan in the background, monitoring your finances 24/7 and sending proactive alerts via Slack or email when cash flow shifts, burn changes, invoices are overdue, or risks emerge.

Main features

• Proactive alerts: Get notified about important financial changes via Slack or email.
• Automated reports: Daily and monthly reports, including management, board, and investor reporting.
• Cash flow management: Real-time cash flow monitoring, forecasting, and runway analysis.
• Scenario planning: Model different financial scenarios and track variances against budget.
• Expense analysis: Understand spending patterns and identify cost-saving opportunities.
• Headcount planning: Plan hiring and its financial impact.
• Multi-entity consolidation: For groups, consolidate financials across entities with intercompany eliminations.
• Integration: Seamless integration with QuickBooks, Xero, and 12,000+ banks.
• Security: SOC-2 compliant infrastructure, data encrypted at rest and in transit, and data never used to train AI models.

Pricing

Nume offers a 14-day free trial with no credit card required. After the trial, pricing is as follows:

• Pro: $100 per user per month, billed monthly. Includes all core features: proactive insights, automated reports, cash flow monitoring, and integrations.
• Multi-Entity: $350 per month for 2 entities, with additional entities at $50/month each. Includes everything in Pro plus consolidated reporting and group-level insights.

There are no long-term contracts; you can cancel anytime.

Common use cases

• Startups and SMEs that need CFO-level insights without hiring a full-time CFO.
• Founders who want to stay on top of finances without spending hours in spreadsheets.
• Finance teams looking to automate reporting and free up time for strategic analysis.
• Investor-ready reporting: Generate board and investor reports quickly.
• Cash flow management: Monitor runway and get alerts on cash flow changes.

Limitations

• Pricing details: The free trial is 14 days, but the page also mentions a 45-day free trial in one section; this inconsistency may confuse users.
• User reviews: Limited to testimonials on the site; no external reviews provided.
• Integration scope: While it integrates with 12,000+ banks, the specific ERP integrations mentioned are QuickBooks and Xero; other ERPs may not be supported.
• Data privacy: Although Nume states data is not used to train AI models, users must trust the company's privacy policy.
• No offline access: Nume is a cloud-based service; requires internet connection.

Summary

Nume is an AI CFO platform that automates financial management for growing businesses. It connects to your financial data, provides real-time insights, and automates reporting and alerts. With a simple setup and proactive monitoring, it aims to give founders and finance teams peace of mind. Pricing is transparent with a free trial, making it accessible for startups. However, potential users should verify integration compatibility and consider the limitations noted.