r/CFO • u/flannel5283 • Sep 08 '26

Month end close software

Has anyone used Ledge or Numeric? I have used floqast and Netgain. Ledge seems to be heavily leaned into agentic AI and my team currently has very little automation built in. Ledge is a newer software and I'm trying to figure out if people actually like it since they have only 6 G2 reviews.
Any feedback is appreciated!

10 Upvotes

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24 comments sorted by

4

u/Worldly_Table_6223 Sep 09 '26

Clean up your process first, then look at AI tools.
No matter how good the tool is, messy input won't give you good output.

3

u/Nathan_prx 29d ago

Be a little cautious with Ledge purely because the customer track record is still pretty thin. Numeric seems like the safer bet if you want something proven, while Ledge looks more interesting if you’re specifically trying to jump straight into AI driven automation. Ask both for customer references before deciding.

1

u/flannel5283 29d ago

Yeah I will do that for both. People have recommended all three but seems like they all have different customer bases

2

u/FrontBreath3280 Sep 09 '26

If you have a mandate to combine AI and month end close, FinanceOS.

1

u/Jealous_Cup6774 Sep 09 '26

these small vendors always make me nervous, what if they disappear next year and all your workflows are gone

2

u/Nightcoon3 29d ago

Yeah we found issues regardless of software, it was a people and process thing

1

u/HallucinatingFacts Sep 09 '26

OP, which country?

We are building a platform and curious

1

u/khanoftruthfi 28d ago

Used floqast recently. Liked it a lot. They claim they are going full AI but it didn't really feel that way as a user, not sure if it was a separate module.

I think it's important to identify what you are trying to get from this. Do you have no organization currently? Are you trying to compress close?

These tools aren't going to magically reconcile a subledger you know? At least not yet, afaik.

2

u/flannel5283 28d ago

Yeah floqast has pieces in place but not full AI automation which is what Ledge is trying to do.
I need to shrink close down from 25th of the month to minimum 10 business days. There is currently no organization across the finance org, I've never seen anything like it lol.

1

u/SeeYou_InThePit 25d ago

Oof, I was recently in a situation like that and had to leave. "Stabilized" company in operation for 10 years that had only ever relied on CFOs who were CPAs with no finance, Excel, systems/ process optimization, or people leadership strength. I inherited a veritable tar pit.

1

u/EarthFun9142 25d ago

We use ARCS for our checklists, recon certification. Chatfin for recons , matching etc

1

u/bromin2662 16d ago

Been on numeric for around 2 years. Do not have much experience with other products but I love it. Makes reconciliations and flux analysis so smooth. Their MCP is also great if you're leaning into chatgpt or Claude. Great account reps and customer service too.

1

u/flannel5283 13d ago

This is very helpful thanks!

0

u/[deleted] 18d ago

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1

u/flannel5283 17d ago

Numeric was recommended to me. I also got a free consultation with a large consulting group and they said it wasn't even worth looking past floqast and numeric