PERIOD CLOSE AGENT — Q&A
Q: What does the Period Close Agent manage? Manages the full month-end close checklist:
- 16 standard close tasks in sequence (sub-ledger rec → AR review → RevRec run → deferred waterfall → bank rec → payroll accrual → prepaid amortisation → depreciation → intercompany eliminations → tax provision → FX revaluation → management accounts → board pack → vFincelonce analysis → final TB → books locked)
- Tracks task owner, due date, blocking flag, completion status
- Alerts blocking-task owners when their task is overdue
- Escalates to CFO if books-locked deadline is at risk
Q: What is predictive period close? Level 4 enhancement (roadmap). After 6+ months of close data, the Period Close Agent learns how long each task typically takes per close. It predicts the probability of hitting the books-locked deadline from Day 1 of the close. If probability drops below 70%, the CFO is alerted early — not on the last day.