Processes

What will AGI do for Financial Close Processing?

Positioning for this Coordinate is coming soon.

How AGI delivers it

Four ways AGI delivers for Financial Close Processing

  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    For Financial Close Processing, hire a digital employee that does the job under earned, supervised autonomy.

  • Business-as-Code

    Encode how your work runs, once, as software that executes itself.

    For Financial Close Processing, encode how your work runs, once, as software that executes itself.

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    For Financial Close Processing, get the professional outcome delivered as software, priced on results, not headcount.

Value flow

How Financial Close Processing connects

optimizes (incoming)

  • Reconciliation Accuracymodel
  • Time To Closemodel
  • Average cycle time in calendar days to process an intercompany transactionmodel
  • Average cycle time in hours to process a journal entrymodel
  • Estimate if not using AI - Cycle time in days to complete the monthly consolidated financial statementsmodel
  • Outsourced cost to perform the process "perform financial reporting" per $1,000 revenuemodel
  • Outsourced cost to perform the process "perform general accounting" per $1,000 revenuemodel
  • Grant Reporting Timelinessmodel
  • Period-Close Cycle Timemodel
  • Reporting Cycle Timemodel
  • Reporting Timelinessmodel
  • Percentage of journal entry line items that are automated and recurringmodel
  • Average cycle time in hours to reconcile the general ledgermodel
  • Manual journal entry line item percentagemodel
  • Total cost to perform record-to-report processes per $1 billion revenuemodel
  • Cycle time in days to perform annual close at the site levelmodel
  • Number of general ledger accounts reconciled per FTE that performs the process "perform general accounting"model
  • Cycle time in days to resolve adjustmentsmodel
  • Cycle time in days to complete the monthly consolidated financial statementsmodel
  • Number of FTEs that perform the process group "perform general accounting and reporting" (excluding fixed assets) per $1 billion revenuemodel
  • Number of FTEs that perform the process group "perform general accounting and reporting" per $1 billion revenuemodel
  • Number of journal entries per FTE that performs the process "perform general accounting"model
  • Number of journal entry line items per FTE that performs the process "perform general accounting"model
  • Total cost to perform the process "perform general accounting" per process FTEmodel
  • Reconciliation Cycle Timemodel
  • Days To Closemodel
  • Close Cycle Timemodel

runs (incoming)