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50,000,000 Journal Entries: What Nominal Learned About Finance Operations

By Nick Buonoin #CFO
on October 03, 2025

50,000,000 Journal Entries: What Nominal Learned About Finance Operations

Contributed by Nominal

Finance operations are at a tipping point.

Manual work, scattered systems, and unpredictable close processes have long defined accounting teams, but the data tells a different story. After analyzing more than 50 million journal entries across 12 mid-market organizations and surveying finance leaders nationwide, Nominal uncovered patterns that fundamentally change how finance teams can work.

The findings are striking:

  • 89% of all finance errors fall into 12 predictable patterns—patterns AI can spot instantly.
  • Manual processing averages 43 minutes longer per entry than AI—time teams could spend on higher-value work.
  • 92% of finance leaders believe AI will be standard in accounting within 3 years, yet 50% still rely primarily on Excel for consolidation.

The future of finance operations isn’t about hiring more people or working longer hours. It’s about recognizing that most finance work is pattern recognition and AI excels at patterns.

Download the full report to see the data, the trends, and the roadmap for building a finance operation that moves faster and leads with confidence.

About Nominal

Our partners at Nominal are the agentic AI platform built for modern finance. Nominal helps finance teams automate financial consolidation, intercompany eliminations, reconciliations, and reporting across complex, multi-entity structures — without changing their GL or ERP setup. Their AI agents handle the work spreadsheets weren’t built for, from revenue and accrual workflows to period-end processes. Nominal integrates directly with your systems and is up and running in days — no engineering required.

To learn more, visit nominal.so.

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