Liquidity in view
A rolling forecast shows early when credit lines, covenants or payment terms are getting tight.
CFO Assistant · Assistant
Steer finances & secure liquidity
The CFO Assistant consolidates figures from accounting, planning and banks and prepares forecast, close and reporting – finance leadership makes the decision.
What the CFO Assistant handles:
- Liquidity forecast & early warning
- Forecast & variance analysis
- Steer the month-end close
- Covenants & bank reporting
- up to 58 % Automation
- 24/7 Available
- BPMN 2.0 auditable
Benefits for the CFO
How a digital worker relieves finance leadership: liquidity in view, faster closes, reliable figures.
Faster close
Checklists, deadlines and status per entity make the month-end close plannable instead of hectic.
Reliable figures
Reports and papers document sources, assumptions and scenarios – traceable for banks and auditors.
One financial picture
Results from Invoice, Payment, IFRS, Tax and Investment flow into one shared reporting.
Typical tasks of the CFO
From the liquidity forecast to the bank pack: the CFO Assistant prepares and follows up, finance leadership decides.
Planning, liquidity & financing
- Consolidate budget and rolling forecast from the departments
- Liquidity forecast from open items, commitments and bank balances
- Calculate base, best and worst case scenarios
- Calculate covenants continuously and report the headroom
- Monitor credit lines, maturities and refinancing
- Explain working capital with DSO, DPO and days of inventory
Close, reporting & obligations
- Close checklist, deadlines and status per entity
- Prepare plan vs. actual variances with draft comments
- Prepare management reporting and the bank pack
- Bundle tax, audit and disclosure deadlines
- Consolidate early-warning indicators (in Germany under § 1 StaRUG)
- Deliver the finance chapter for board packs and committees
Law, processes & systems
The CFO Assistant supports management's planning and early-warning duties with traceable figures.
Management duties
Documents for duties of care and early warning – in Germany under GmbHG, AktG and StaRUG – plus liquidity planning for insolvency-law forecasts (InsO).
Processes & evidence
Planning, close and approvals as versioned BPMN 2.0 processes with role-based permissions and filing compliant with the German GoBD.
Interfaces
DATEV, SAP S/4HANA, Microsoft Dynamics, planning tools such as LucaNet or Jedox, banks via EBICS and Power BI.
Assistant · Agent · Worker
Three automation levels – matched to the task.
Digital Assistant
BPMN rule-based
Works strictly according to compliance and process rules (BPMN 2.0 & process engine) – perfect for structured rule sets and guided case handling, even in high-security areas.
Digital Agent
AI-powered
Understands unstructured data, emails and contracts via LLMs, takes over complex checks and decisions – autonomous tasks complementing existing systems.
Digital Worker
Autonomous AI orchestration
Solves whole processes autonomously and connects individual AI agents into teams – autonomous data transfer between legacy systems and web APIs, without media breaks.
How it works
Which roles & organisations?
The CFO Assistant is tailored to finance leadership – from SMEs to groups with several entities.
CFO & commercial management
- Financial picture at a glance
- Early warning on liquidity and covenants
- Papers with scenarios and assumptions
- Prepared bank meetings
Controlling & accounting
- Less data collection in Excel
- Close status without round-robin emails
- Variances with draft comments
- Dates and deadlines bundled
Groups of companies
- Status per entity and site
- Consistent reporting to shareholders
- Financing and credit lines at a glance
- Finance chapter for advisory and supervisory boards
Frequently asked questions
The most common questions about the CFO Assistant.
Does the CFO Assistant make financial decisions?
No. It compiles figures, scenarios and sources – financing, investment and payment decisions as well as liability remain with management (in Germany under § 43 GmbHG and § 93 AktG).
How high is the automation level of the CFO Assistant?
Around 58 % automation is achievable for the typical tasks of the CFO Assistant – financial decisions deliberately stay with people, whom the assistant supports in a structured way.
How does the CFO Assistant help with liquidity planning?
It builds a rolling liquidity forecast from open items, purchase commitments, payment runs and bank balances, calculates scenarios and reports when covenants or credit lines are getting tight. Assessment and countermeasures remain the task of management.
Does the CFO Assistant post entries or execute payments?
No. Invoices, payment runs and closing entries stay with the Invoice, Payment and IFRS Assistant. The CFO Assistant consolidates their results into one financial picture.
Does the CFO Assistant assess individual people?
No. It plans personnel costs only in aggregate by cost centre, and it assesses neither employees nor the creditworthiness of private individuals.
Which systems does the CFO Assistant connect to?
Typically DATEV, SAP S/4HANA, Microsoft Dynamics, planning tools such as LucaNet, Jedox or Corporate Planner, banks via EBICS and Power BI – the integration is documented as a BPMN 2.0 process.
How does the CFO Assistant differ from the CEO Assistant?
The CEO Assistant prepares board meetings and decisions for the entire management. The CFO Assistant is responsible for the financial picture and supplies the finance chapter for it.