Know the GAAP impact
before the ink dries.

Give your team leverage on the most complex accounting work.

The hardest hire in finance.

Technical accountants translate messy, real-world transactions into accurate, reliable financial reporting. This requires deep fluency across four domains — and few people have it.

Legal

Parsing complex contracts, term sheets, and deal structures

Business Operations

Understanding the substance behind the paperwork

Accounting Standards

Navigating US GAAP, IFRS, and firm-specific policies

Financial Reporting

Meeting SEC mandates and auditor expectations

UpDraft works the way your best people do.

Analyze Transactions

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 →

Research Guidance

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 →

Quantify the Impact

Produce Excel schedules, financial models and journal entries. All anchored to sources and supported by your analysis.

Schedules →

Write Audit-Ready Memos

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:

Revenue Recognition

  • Contract modifications
  • Variable consideration
  • Principal vs. agent
  • Multiple performance obligations

Financings

  • Debt modifications & extinguishments
  • Convertible instruments
  • Warrant accounting
  • Embedded derivatives

Consolidation

  • VIE analysis
  • Voting interest model
  • Equity method investments
  • Intercompany transactions

Share-Based Comp

  • Modification accounting
  • Equity vs. liability classification
  • EPS impact
  • Forfeiture estimates

Business Combinations

  • Acquisition or combination
  • Contingent consideration
  • OBS adjustments

Built for the people who tame the complex.

Enterprise Accounting Teams

Fortune 1000 CAOs and technical accounting directors managing complex, multi-entity transactions at scale.

Middle Market Controllers

Controllers who wear every hat and need senior-level technical accounting support without the consulting bill.

Audit & Advisory Firms

Accounting firms that want to take on more projects, win more clients, and grow margins.

"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

Enterprise-grade security and control.

SOC 2 Type 2

Independently audited controls over security, availability, and confidentiality.

Data Encryption

All data encrypted at rest and in transit with industry-leading standards.

Access Controls

SSO support, role-based access, and regular security reviews.

Continuous Monitoring

Proactive vulnerability and threat monitoring across all systems.

See what UpDraft can do for your team.

30-minute demo. Real examples.

Book a Demo

Accelerate your financial reporting without adding headcount.

UpDraft is an experienced technical accountant that scales instantly across your entire organization.

Your team is stretched.
The work keeps growing.

Volume never stops

Multi-entity transactions and complex deal structures create a relentless backlog. Miss a detail and you're facing auditor scrutiny and control risk.

Consultants drain your budget

You're paying to train their junior staff while your CFO needs answers now. Dependency grows, institutional knowledge leaves with them.

Hiring isn't the answer

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:

Revenue Recognition

  • Multiple performance obligations
  • Complex pricing
  • Contract modifications
  • Multi-entity reporting

Financings

  • Convertible debt
  • Embedded derivatives
  • Debt modifications & extinguishments
  • Warrant accounting

Consolidation

  • VIE analysis
  • Voting interest model
  • Multi-entity structures
  • Intercompany eliminations

Share-Based Comp

  • Modification accounting
  • Equity vs. liability classification
  • EPS impact
  • Forfeiture estimates

Business Combinations

  • Acquisition or combination
  • Contingent consideration
  • OBS adjustments

How UpDraft helps.

Comprehensive

Analyzes complex deal structures and navigates interdependent issues across multiple standards — US GAAP, IFRS, and more.

Methodical

Follows your auditor's methodologies, company policies, and documented accounting positions. Plans, iterates, and executes consistently.

Professional

Produces deliverables formatted to your auditor's specifications and internal standards.

Scalable

Enterprise-ready out of the box. Retains institutional knowledge and improves with usage.

What changes.

De-risk at scale

Consistent, high-quality analyses across all business units. Positions documented before auditors ask.

Cut consulting spend

Handle more work in-house. UpDraft costs a fraction of your consulting budget and delivers in hours.

Faster close, smoother audit

Surface accounting implications instantly. Memos formatted exactly to auditor specs.

Scale without headcount

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

See how UpDraft works for enterprise teams.

30-minute demo. Real examples.

Book a Demo

Stop being the only one who can get it right.

UpDraft gives controllers an AI agent that handles complex transaction analysis and memo writing so you don't have to work the weekend.

Your plate is full.
Then the mega-deal lands.

You're the only one

No one else on your team has the skill or experience for complex technical accounting. It always lands on your desk.

The stakes are high

Miss a critical detail and you're facing an audit issue and a CFO who has to explain new numbers to the board.

Your options aren't great

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:

Revenue Recognition

  • Contract modifications
  • Variable consideration
  • Principal vs. agent
  • ASC 606 memos

Financings

  • Debt modifications
  • Line of credit amendments
  • Interest rate swaps
  • Covenant compliance

Leases

  • New lease classification
  • Lease modifications
  • Sale-leaseback
  • Remeasurement triggers

Share-Based Comp

  • Option modifications
  • RSU accounting
  • Equity vs. liability classification
  • Forfeiture estimates

Business Combinations

  • Acquisition or combination
  • Contingent consideration
  • OBS adjustments

How UpDraft helps.

Comprehensive

Dissects reams of legal documents and accounting guidance. Not a chatbot — a thorough, methodical agent.

Methodical

Follows prescribed auditor methodologies, company policies, or your own best practices. Plans, iterates, and executes.

Professional

Creates deliverables formatted to specifications. No more hours lost to formatting and standardization.

Gets Smarter

Learns from your feedback and understands your business. A powerful tool out of the box that improves with usage.

What changes.

Backstop quality

De-risk your reporting with thorough, well-documented technical accounting analyses.

Save your budget

UpDraft costs less than a single outsourced memo. Run it as many times as you need.

Streamline your audit

Memos prepared exactly to your auditor's specifications. Ready before they ask.

Always prepared

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

See how UpDraft works for controllers.

30-minute demo. Real examples.

Book a Demo

Solving for scale in client service.

Out price, out deliver and out earn your competition by delivering expertise at scale.

You can't grow playing defense.

The constant battle between quality, retention and margins makes growth impossible.

Quality vs. growth

Your experts handle most work personally. That's how you maintain quality — but it limits how much you can take on.

Retention vs. growth

Push the team harder and you risk losing the people you can't afford to lose. Recruiters are already in their inboxes.

Margin vs. growth

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

How UpDraft helps.

Deliver faster

Complete technical accounting projects in hours instead of days. Respond to client needs before competitors can.

Take on more

Recover the 15% of opportunities that were previously impossible to deliver on economically.

Protect your team

Give your senior people leverage so they're not bottlenecked on every project.

Improve margins

Move to fixed-fee pricing and capture 50-75% of efficiency gains as profit margin.

What changes.

Win more clients

Unmatched pricing power and delivery speed give you an edge in every pitch.

Expand relationships

Use technical projects as the wedge to unlock larger engagements and cross-sell services.

Retain your best people

Remove the grind. Let your experts focus on the judgment calls, not the documentation.

Scale the practice

Grow revenue without proportionally growing headcount.

Productive on day one.

Day 1
Your best people see value on real projects immediately.
30 Days
Core team fully onboarded. Consistent delivery patterns established.
60 Days
Expand to broader team. Seat adoption growing.
90 Days
Increased win rates on new opportunities. Faster project turnaround.
6-12 Months
Complete cycle capability. Expanded client relationships. Measurable margin improvement.

"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

See how UpDraft helps firms grow.

30-minute demo. Real examples.

Book a Demo

Every critical term.
Identified and analyzed.

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

Diagnose accounting risk before it becomes an audit issue.

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.

Key term matrix showing risk profile across multiple documents

Nothing gets missed

UpDraft reads the full document and identifies every term with accounting significance — conversion features, variable consideration, modification triggers, and more.

Every finding is traceable

Each result links directly to the source contract language, with page and section references. Your auditor can verify every conclusion without chasing footnotes.

Search for what matters

Go beyond key term extraction. Search directly for accounting concepts like embedded derivatives, material rights, or lease classification triggers across any document set.

From contract to structured analysis in minutes.

Upload a contract and ask a question. UpDraft handles the rest.

Surface

Accounting implications surfaced automatically.

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.

AI agent analyzing contract for embedded derivatives

Identify

Structured results, not a wall of text.

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.

Structured key term matrix across multiple documents

Analyze

Drill into any finding.

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.

Expanded detail view showing consideration structure analysis

Verify

Trace every conclusion to the source.

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.

Key term table with source document traceability

Purpose-built to surface what matters.

UpDraft understands accounting concepts, not just contract language. It identifies the terms that carry real accounting risk and organizes them for your review.

Key terms are just the beginning.

See Key Terms in action.

30-minute demo. Real contract. Real analysis.

Book a Demo

Don't just find the answer.
Apply it.

The research tool that operationalizes the answer. From a pointed question to a broad research assignment, UpDraft does it for any topic.

Featured Capability

Apply guidance directly to your contracts.

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.

Contract and guide side-by-side analysis

Find the right guidance fast

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.

Cited and verifiable

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.

State-of-the-art document reader

UpDraft has its own integrated document reader with the agent built seamlessly into it. Read, search, and research without leaving the platform.

From question to authoritative answer in seconds.

Ask a question or assign a research task. UpDraft finds the guidance, cites the source, and delivers a well-researched response.

Build

Build a knowledge base with no limits.

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.

Knowledge base with multiple guides

Research

Ask any question. Get a researched answer.

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.

Research response with inline citations

Verify

Drill down to the source.

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.

Document reader with highlighted source text

Compare

Compare auditor methodologies side by side.

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.

Cross-source comparison view

Purpose-built to deliver the right answers.

UpDraft understands accounting concepts, not just document text. It finds the right guidance across every major topic area.

Research is just the foundation.

See UpDraft in action.

30-minute demo. Real guidance. Real citations.

Book a Demo

Go from documenting
to delegating.

UpDraft authors audit-ready memos structured and formatted to your specifications.

Featured Capability

Hand off the heavy lifting.

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.

Memo Writer with key terms and background section

Agent and editor in one

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.

Professional formatting

The agent builds complex documents with tables, colors, headings, fonts, images, and lists. No more reformatting AI output into something presentable.

One-click export to Word

Export to .docx with fully intact formatting. No copy-paste cleanup. No broken tables. Ready for your auditor's inbox.

From analysis to audit-ready documentation.

Delegate, review, iterate and export. Documentation that used to take days now takes minutes.

Structure

Your style, your standards.

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.

Formatted memo with embedded features analysis

Collaborate

Work with the agent, not around it.

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.

Agent completing issue analysis with cited decisions

Review

Upload memos for compliance 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.

Auditor review with strengths and compliance assessment

Beyond Memos

Not just for position papers.

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.

Accounting guidance research notes document

Purpose-built to document the details.

UpDraft produces professional documentation across every major topic area, formatted to your auditor's expectations.

More than just a documentation tool.

See the Memo Writer in action.

30-minute demo. Real memo. Real formatting.

Book a Demo

From contract to
journal entry.

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

From conclusions to journal entries.

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.

Generated accounting schedule with journal entries

Accurate journal entries

UpDraft produces accounting schedules that lay out monthly journal entries, all sourced directly back to your contracts and accounting conclusions.

Quantify the impact

Quickly quantify the financial reporting impact of major contracts and specific clauses. Compare outcomes of different potential accounting conclusions side by side.

One-click export to Excel

Export schedules to .xlsx with a single click. Clean, formatted, and ready to drop into your working papers or share with your auditor.

The final step: from analysis to numbers.

Connect a contract to UpDraft and have it complete the full technical analysis all the way to the actual journal entries.

Generate

Book it or export it.

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.

Production-ready Excel schedule with formulas

Trace

Every number has a source.

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.

Schedule with source traceability to contracts

Compare

Model different outcomes.

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.

Side-by-side scenario comparison model

Purpose-built to handle the entire workflow.

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

See the full workflow.

See the full workflow in action.

30-minute demo. Contract to journal entry.

Book a Demo

Privacy Policy

Effective Date: February 1, 2025  |  Last Updated: February 1, 2025

Terms of Service

Effective Date: February 1, 2025  |  Last Updated: February 1, 2025