Provisions & Accruals
Provisions and accruals — policy-driven, not tribal knowledge.
Common pain points.
The recurring issues we see in this function — on every client, in every region.
Accruals reconstructed from memory each month
Inconsistent provision policies across entities
Deferrals and prepayments slip through
Year-end true-ups are painful and large
Key capabilities.
Configurable, composable, and consistent — built into the Record-to-Report platform.
Policy-driven accruals
Accrual rules applied consistently per category and entity.
Recurring and one-off flows
Templates for recurring accruals; controls for one-off provisions.
Evidence chain
Supporting contracts, POs, and invoices linked to every provision.
Reversal automation
Automatic reversal and true-up when actual data arrives.
What this unlocks.
Directional outcomes observed in operating deployments. Magnitude depends on workflow maturity, process design, data quality, automation scope, and user adoption.
Fewer year-end true-ups
Monthly accruals held closer to reality.
Consistent policy application
Same rules, same way, every entity.
Auditable provisions
Full documentation at the entry level.
Agents recommend accrual amounts from outstanding POs, contracts, and historical patterns, and auto-reverse when invoices arrive — with full evidence.
Works best alongside.
Deepen coverage across the Record-to-Report value stream.
Month-End Close
Month-end close automation — task orchestration, auto-reconciliations (bank, AP, AR, GL, intercompany), journal workflow, and close analytics.
Amortization
Amortization schedules from contracts — modification handling, scheduled postings, and contract-to-ledger audit drill-down.
Year-End Close
Year-end close orchestration — audit PBC workflow, statutory adjustments, group finalization, and statutory reporting packs.
See the platform
work on your numbers.
Start with a 20-minute walkthrough, or model the value yourself with our Finance Transformation Value Assessment.