AI for Technical Accounting
Give your team leverage on the most complex accounting work.
Technical accountants translate messy, real-world transactions into accurate, reliable financial reporting. This requires deep fluency across four domains — and few people have it.
Parsing complex contracts, term sheets, and deal structures
Understanding the substance behind the paperwork
Navigating US GAAP, IFRS, and firm-specific policies
Meeting SEC mandates and auditor expectations
Built for Technical Accounting
UpDraft surfaces accounting risk by dissecting and interpreting complex legal agreements. It identifies accounting issues, scopes the correct guidance and performs a methodical analysis.
Key Terms →
UpDraft searches US GAAP, IFRS, and your firm's own policies to build its analysis on the right foundation. No hallucinated standards. No generic answers.
Research →
Produce Excel schedules, financial models and journal entries. All anchored to sources and supported by your analysis.
Schedules →
Get formatted, detailed memos ready for your auditor's review. Structured to your specifications, not a template you have to rework.
Memo Writer →
3 days → 3 hours
UpDraft delivers expert-level technical accounting work across every major topic area, such as:
Who We Serve
Fortune 1000 CAOs and technical accounting directors managing complex, multi-entity transactions at scale.
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Controllers who wear every hat and need senior-level technical accounting support without the consulting bill.
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Accounting firms that want to take on more projects, win more clients, and grow margins.
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What People Say
"This agent is ridiculous. Amazing work by the UpDraft team."
Northeast Regional Leader
National Advisory Firm
"Kudos to your team. UpDraft is fantastic. I've been very happy."
Advisory Principal
National Advisory Firm
"If you can think it, the agent does it. It's like a superpower for technical accounting."
Managing Director
National Advisory Firm
Security & Trust
Independently audited controls over security, availability, and confidentiality.
All data encrypted at rest and in transit with industry-leading standards.
SSO support, role-based access, and regular security reviews.
Proactive vulnerability and threat monitoring across all systems.
For Enterprise Accounting Teams
UpDraft is an experienced technical accountant that scales instantly across your entire organization.
The Problem
Multi-entity transactions and complex deal structures create a relentless backlog. Miss a detail and you're facing auditor scrutiny and control risk.
You're paying to train their junior staff while your CFO needs answers now. Dependency grows, institutional knowledge leaves with them.
Senior technical accounting talent is nearly impossible to recruit. Even when you find someone, learning your company takes months.
3 days → 3 hours
Complex, multi-entity transactions analyzed and documented at enterprise scale, such as:
The Solution
Analyzes complex deal structures and navigates interdependent issues across multiple standards — US GAAP, IFRS, and more.
Follows your auditor's methodologies, company policies, and documented accounting positions. Plans, iterates, and executes consistently.
Produces deliverables formatted to your auditor's specifications and internal standards.
Enterprise-ready out of the box. Retains institutional knowledge and improves with usage.
The Impact
Consistent, high-quality analyses across all business units. Positions documented before auditors ask.
Handle more work in-house. UpDraft costs a fraction of your consulting budget and delivers in hours.
Surface accounting implications instantly. Memos formatted exactly to auditor specs.
Give your team leverage instead of fighting for headcount approvals. Capture knowledge as people rotate.
"This agent is ridiculous. Amazing work by the UpDraft team."
Northeast Regional Leader
National Advisory Firm
"Kudos to your team. UpDraft is fantastic. I've been very happy."
Advisory Principal
National Advisory Firm
"If you can think it, the agent does it. It's like a superpower for technical accounting."
Managing Director
National Advisory Firm
For Middle Market Controllers
UpDraft gives controllers an AI agent that handles complex transaction analysis and memo writing so you don't have to work the weekend.
The Problem
No one else on your team has the skill or experience for complex technical accounting. It always lands on your desk.
Miss a critical detail and you're facing an audit issue and a CFO who has to explain new numbers to the board.
Work the weekend yourself, or pay a consultant for an analysis that costs as much as your bonus.
Less risk. More weekends.
UpDraft costs less than a single outsourced memo — and covers every topic that lands on your desk, such as:
The Solution
Dissects reams of legal documents and accounting guidance. Not a chatbot — a thorough, methodical agent.
Follows prescribed auditor methodologies, company policies, or your own best practices. Plans, iterates, and executes.
Creates deliverables formatted to specifications. No more hours lost to formatting and standardization.
Learns from your feedback and understands your business. A powerful tool out of the box that improves with usage.
The Impact
De-risk your reporting with thorough, well-documented technical accounting analyses.
UpDraft costs less than a single outsourced memo. Run it as many times as you need.
Memos prepared exactly to your auditor's specifications. Ready before they ask.
Surface accounting implications instantly so you're ready for your CFO's questions.
"If you can think it, the agent does it. It's like a superpower for technical accounting."
Managing Director
National Advisory Firm
For Audit & Advisory Firms
Out price, out deliver and out earn your competition by delivering expertise at scale.
The Problem
Your experts handle most work personally. That's how you maintain quality — but it limits how much you can take on.
Push the team harder and you risk losing the people you can't afford to lose. Recruiters are already in their inboxes.
Delivery costs are high when every project requires senior time and manual processes.
Technical accounting is your growth engine.
Small technical projects build trust. Trust opens the door to larger engagements. But you need capacity to execute.
15%
of lost opportunities recovered
10%
edge in new client wins
50-75%
efficiency captured as margin
Win Small
Rev rec memo, lease mod, debt issuance
Prove Expertise
Showcase technical prowess & client service
Build Trust
Controllers and CFOs see you as the expert
Expand Relationship
Unlock larger engagements and cross-sell services
The Solution
Complete technical accounting projects in hours instead of days. Respond to client needs before competitors can.
Recover the 15% of opportunities that were previously impossible to deliver on economically.
Give your senior people leverage so they're not bottlenecked on every project.
Move to fixed-fee pricing and capture 50-75% of efficiency gains as profit margin.
The Impact
Unmatched pricing power and delivery speed give you an edge in every pitch.
Use technical projects as the wedge to unlock larger engagements and cross-sell services.
Remove the grind. Let your experts focus on the judgment calls, not the documentation.
Grow revenue without proportionally growing headcount.
Getting Started
"This agent is ridiculous. Amazing work by the UpDraft team."
Northeast Regional Leader
National Advisory Firm
"Kudos to your team. UpDraft is fantastic. I've been very happy."
Advisory Principal
National Advisory Firm
"If you can think it, the agent does it. It's like a superpower for technical accounting."
Managing Director
National Advisory Firm
UpDraft surfaces accounting implications from complex legal agreements with every finding traced back to the source. Nothing is missed. Nothing is a black box.
Featured Capability
Upload a contract and UpDraft automatically identifies every clause with accounting significance — embedded derivatives, variable consideration, modification triggers, material rights, and more. You get a complete risk profile of the agreement without reading a single page. Know exactly where the accounting complexity lives before you start the analysis.
UpDraft reads the full document and identifies every term with accounting significance — conversion features, variable consideration, modification triggers, and more.
Each result links directly to the source contract language, with page and section references. Your auditor can verify every conclusion without chasing footnotes.
Go beyond key term extraction. Search directly for accounting concepts like embedded derivatives, material rights, or lease classification triggers across any document set.
How It Works
Upload a contract and ask a question. UpDraft handles the rest.
Surface
UpDraft reads the entire document and automatically flags every clause with accounting significance — embedded derivatives, variable consideration, modification triggers, contingencies, and more. You don't need to know what to look for. UpDraft surfaces the risk so you can focus on the analysis.
Identify
Findings are organized in a clean matrix — each key term identified, summarized, and tagged with the exact section and page number. Analyze over 50 documents simultaneously and know within minutes which terms carry accounting risk.
Analyze
Expand any row to see the complete analysis. UpDraft extracts every relevant detail — triggers, conversion mechanics, settlement terms, restrictions — organized for your review. No detail is buried. No context is lost.
Verify
Click any citation to see the original contract language, highlighted in context. Your team reviews the analysis. Your auditor verifies the source. Complete transparency from finding to footnote.
Built for Technical Accounting
UpDraft understands accounting concepts, not just contract language. It identifies the terms that carry real accounting risk and organizes them for your review.
Explore the Platform
Search US GAAP, IFRS, and your firm's own policies. Build every analysis on the right foundation.
Learn more →
Generate audit-ready technical accounting memos, structured to your auditor's specifications.
Learn more →
Produce financial models, amortization schedules, and journal entries anchored to your analysis.
Learn more →
The research tool that operationalizes the answer. From a pointed question to a broad research assignment, UpDraft does it for any topic.
Featured Capability
Upload a contract alongside your auditor's guide and ask what the guidance says about specific clauses or fact patterns. UpDraft connects the dots between your real-world transactions and authoritative standards — bridging the gap between what the contract says and what the accounting requires.
Direct the agent to the right guide or source, or assign it a broad research assignment. UpDraft searches across your entire knowledge base and drills down to the exact paragraph that matters.
Every response is dynamically cited back to the source document. Click any citation to see the original text highlighted in context. Easy to verify and dive deeper.
UpDraft has its own integrated document reader with the agent built seamlessly into it. Read, search, and research without leaving the platform.
How It Works
Ask a question or assign a research task. UpDraft finds the guidance, cites the source, and delivers a well-researched response.
Build
Upload any guide or authoritative document. Connect every US GAAP and IFRS accounting guide, your firm's internal policies, Big 4 audit methodologies, or precedent transaction memos. No document limits. No restrictions on source types.
Research
UpDraft delivers well-researched responses with dynamic citations back to the source. Research horizontally across sources — like comparing how every Big 4 guide approaches a topic — or deep dive on a specific auditor or standard. Just ask the question.
Verify
Click any citation to jump directly to the original text in the built-in document reader. See the exact paragraph highlighted in context. No more searching through 800-page guides to find the right section.
Compare
Research across multiple sources simultaneously. Ask UpDraft how different auditors approach the same topic — compare how each Big 4 firm approaches warrant equity or liability classification, or find where your firm's policy diverges from the codification. All done seamlessly in one query.
Built for Technical Accounting
UpDraft understands accounting concepts, not just document text. It finds the right guidance across every major topic area.
Explore the Platform
Surface every critical term from complex legal agreements with full traceability.
Learn more →
Generate audit-ready technical accounting memos, structured to your auditor's specifications.
Learn more →
Produce financial models, amortization schedules, and journal entries anchored to your analysis.
Learn more →
UpDraft authors audit-ready memos structured and formatted to your specifications.
Featured Capability
Stop spending weekends writing memos. Delegate the entire documentation process to UpDraft — from structuring the analysis to formatting the final output. The agent writes, formats, and cites everything while you focus on the judgment calls. Review and iterate until it's right, then export a polished document ready for your auditor.
A fully built documentation tool where you and the agent can work seamlessly together. You edit, the agent writes, or you collaborate in real time.
The agent builds complex documents with tables, colors, headings, fonts, images, and lists. No more reformatting AI output into something presentable.
Export to .docx with fully intact formatting. No copy-paste cleanup. No broken tables. Ready for your auditor's inbox.
How It Works
Delegate, review, iterate and export. Documentation that used to take days now takes minutes.
Structure
The agent follows examples or your set Style Guide so memos are structured the way you want, authored with the level of detail you want, and carry all the branding you need. Set it once and every memo comes out consistent.
Collaborate
A real collaborative documentation tool — not a chatbot that dumps text. You and the agent work in the same document. Edit sections manually, ask the agent to expand an analysis, or rework a conclusion. Iterate naturally until it's right.
Review
Upload existing memos and have the agent review them for non-compliance with auditor standards or missing analytical steps. Easily iterate on review comments and process feedback without starting from scratch.
Beyond Memos
Use the Memo Writer as a notepad for research reports, a workspace for documenting conclusions, or a tool for drafting any structured document. The agent adapts to whatever you need — from formal audit memos to informal working papers.
Built for Technical Accounting
UpDraft produces professional documentation across every major topic area, formatted to your auditor's expectations.
Explore the Platform
Surface every critical term from complex legal agreements with full traceability.
Learn more →
Search US GAAP, IFRS, and your firm's own policies. Build every analysis on the right foundation.
Learn more →
Produce financial models, amortization schedules, and journal entries anchored to your analysis.
Learn more →
UpDraft turns your complex transactions into accurate journal entries and accounting schedules. Sourced directly back to contracts and accounting conclusions. The full picture, start to finish.
Featured Capability
UpDraft takes your accounting conclusions and generates the corresponding journal entries and schedules. Monthly amortization tables, day-one entries, cumulative catch-ups — whatever the analysis requires, UpDraft builds the supporting schedule. Every number traces directly back to your contracts and accounting positions.
UpDraft produces accounting schedules that lay out monthly journal entries, all sourced directly back to your contracts and accounting conclusions.
Quickly quantify the financial reporting impact of major contracts and specific clauses. Compare outcomes of different potential accounting conclusions side by side.
Export schedules to .xlsx with a single click. Clean, formatted, and ready to drop into your working papers or share with your auditor.
How It Works
Connect a contract to UpDraft and have it complete the full technical analysis all the way to the actual journal entries.
Generate
Connect UpDraft to your GL and book journal entries directly, or export polished Excel schedules with proper cell formulas, account mappings, and period breakdowns. Day-one entries, monthly amortization, cumulative catch-ups — ready for your ledger or your working papers.
Trace
Schedules are sourced directly back to contracts and accounting conclusions. Your auditor can trace any journal entry back to the underlying analysis and the original contract language. No unexplained inputs.
Compare
Compare outcomes of different potential accounting conclusions side by side. See how a change in lease classification or revenue allocation method affects the numbers before you commit to a position.
The Full Picture
From the moment a contract hits your desk to the final journal entry in your GL — UpDraft handles the entire technical accounting workflow.
Analyze
Identify key terms and accounting issues
Research
Find and apply the right guidance
Document
Write audit-ready memos
Quantify
Generate schedules and journal entries
Explore the Platform
Surface every critical term from complex legal agreements with full traceability.
Learn more →
Search US GAAP, IFRS, and your firm's own policies. Build every analysis on the right foundation.
Learn more →
Generate audit-ready technical accounting memos, structured to your auditor's specifications.
Learn more →
Effective Date: February 1, 2025 | Last Updated: February 1, 2025
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Effective Date: February 1, 2025 | Last Updated: February 1, 2025
These Terms of Service ("Terms") govern your access to and use of the UpDraft platform and services provided by UpDraft Solutions, Inc. ("UpDraft," "we," "us," or "our"). By accessing or using our services, you agree to be bound by these Terms.
UpDraft provides an AI-powered technical accounting platform that assists users with contract analysis, accounting research, memo writing, and schedule generation. Our platform is designed as a tool to support the professional judgment of qualified accounting professionals.
You are responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account. You agree to provide accurate, current, and complete information during registration and to update such information to keep it accurate.
You agree to use the platform only for lawful purposes and in accordance with these Terms. You will not use the platform to upload content that infringes on third-party rights, contains malware or harmful code, or violates any applicable law or regulation.
You retain all rights to the content you upload to the platform. By uploading content, you grant UpDraft a limited license to process that content solely for the purpose of providing our services to you. We do not claim ownership of your content and do not use it to train AI models.
UpDraft's outputs are generated by AI and are intended to assist qualified accounting professionals. All outputs should be reviewed by a qualified professional before being relied upon for financial reporting, audit, or other professional purposes. UpDraft does not provide accounting advice and is not a substitute for professional judgment.
The UpDraft platform, including all software, algorithms, designs, and documentation, is the property of UpDraft Solutions, Inc. and is protected by applicable intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to use the platform in accordance with these Terms and your subscription agreement.
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