Numra

Numra is an AI-assisted finance workspace that turns raw transaction data into clear, actionable budgets in seconds.

How to use Numra

1. Sign up at numrahq.com and connect your accounting system or upload a CSV.
2. Select a reporting period and choose the dashboards you want to track.
3. Set spending targets for each cost centre with the drag-and-drop sliders.
4. Invite teammates so everyone views the same live numbers.
5. Schedule automated alerts to flag overspend or unusual activity.
6. Export tailored PDF or Google Sheets reports for board packs.

What we discovered while testing Numra

After three weeks of real-world use across two client projects, our small finance team gathered plenty of talking points. The platform felt snappy, and the colour-coded charts made monthly close far less stressful. We pulled budget versus actuals mid-meeting without hunting through endless spreadsheets, which drew nods from even the most Excel-loving colleagues. That said, a few irritations crept in, especially when we tried to push Numra beyond everyday bookkeeping.

Advantages

• Speedy setup: Importing four years of Xero data finished in under ten minutes, leaving us free to explore rather than wait.
• Clear visual language: Traffic-light cues and compact graphs helped non-finance staff grasp overspend at a glance.
• Scenario planning tool: We dragged revenue sliders to model a 15 % dip; projected cash burn recalculated instantly and exported neatly.
• Granular permissions: Department heads viewed only their own cost codes, avoiding awkward salary exposure.
• Responsive support: A chat message about VAT rounding received a concise fix within twelve minutes, and the agent followed up the next day.

Drawbacks

• Limited integrations today: Only Xero, QuickBooks Online, and Sage Cloud connect natively; anything else needs manual upload.
• Minor mobile quirks: On iPhone, the sidebar sometimes overlapped charts until we refreshed.
• No multi-currency consolidation yet: Our euro subsidiary required a separate workspace, which broke group-level roll-ups.
• Price jump after trial: Moving from the generous free month to the paid tier felt steep for startups with slim margins.
• Custom metric cap: We could create just five bespoke KPIs per workspace; complex organisations may want more freedom.

Numra trimmed hours from our close process and made board reporting far less painful, yet firms with several entities or uncommon ledgers might hit its current ceiling. We will keep it in our toolkit and watch how the roadmap unfolds.