The Organization Settings page in Numero allows you to define and manage the foundational details of your organization.
These settings help customize your experience and ensure that all relevant data is correctly categorized and accessible.
How to Configure Organization Details
Accessing Organization Settings
From the Numero dashboard, navigate to the “Settings” section by clicking on the gear icon located in the lower-left corner of the screen.
In the Settings menu, select Organization from the options on the left-hand side.
Organization Name
Your organization's name will be displayed at the top. This is typically pre-filled with the name provided during account creation.
If you need to update the organization name, click on the edit (pencil) icon next to the name field, make the necessary changes, and save.
Selecting Country and Time Zone
Select your organization’s country from the drop-down menu. This ensures that relevant data and regional settings are applied correctly.
Choose the appropriate time zone for your organization from the drop-down list. This setting helps ensure that all time-stamped data is accurate and reflects your local time.
Adding and Managing Legal Names
Adding and managing legal names in the organization settings is crucial for ensuring accurate identification and classification of companies, especially for organizations with multiple subsidiaries or global operations.
Different legal names may exist for the same entity depending on the country of registration, such as "Ackmo Inc." in the U.S. and "Ackmo India Private Limited" in India.
This feature helps in avoiding duplication and ensures that all relevant legal entities are correctly recognized within the platform, streamlining document management and financial analysis.
Adding a New Legal Name
In the "Other Legal Names" field, enter the additional legal name your organization operates under.
To add more legal names, click on "Add more legal names" and repeat the process for each name.
Each entry can be edited or deleted using the respective icons next to the legal name field.
Managing Existing Legal Names
To edit a legal name, click the pencil icon next to the name you wish to update, make the necessary changes, and save.
To remove a legal name, click the trash can icon next to the name. Confirm the deletion when prompted.
Configuring SIC Codes, Sectors, and Industries
Standard Industrial Classification (SIC) codes are essential for classifying companies into specific sectors and industries, which helps in organizing documents systematically.
When a company’s documents are tagged with the appropriate SIC code, it allows for more accurate search results and ensures that users can quickly find relevant documents within the correct industry context.
How to Select the SIC Code
To select the SIC code:
Click on the SIC code dropdown menu.
Scroll through the list to find the appropriate code that best represents your industry.
Select the code to link your organization to the relevant industry classifications.
Defining Sector and Industry
Defining the sector and industry of a company enables Numero to categorize documents more effectively.
For instance, financial documents from companies within the same sector or industry can be grouped together, facilitating easier comparison and analysis.
This classification also aids in setting up peer comparisons, where companies within the same sector are compared on key financial metrics.
To select the select and industry, follow the below the steps:
In the Sector field, select the broad industry category your organization belongs to (e.g., Technology, Healthcare, Finance).
Once the sector is selected, the Industry dropdown will be populated with options specific to that sector.
Choose the specific industry that best matches your organization.
Specifying Sub-Industry
Some industries have further sub-categories.
In the Sub-Industry dropdown, select the option that best fits your organization’s niche if applicable.
Configuring Peer List
Numero allows you to add peers, which are companies that you might want to compare your organization against.
Enter the names of your peers in the "Peer List" field. This can be useful for benchmarking and analysis within the platform.
Partner Company
Your Partner Name is pre-filled based on your account details. However, to add new partner, click the "Add New Partner Company" icon and make the necessary changes.
Incase, you wish to edit or delete an existing partner then make the changes by clicking on the appropriate icon next to the partner name.
Once all fields are filled out, click the "Save" button at the bottom of the page to ensure all changes are applied.
Your organization's settings are now configured, and Numero will use these information to optimize the management and retrieval of your financial documents.