Faster closings
Recurring closing tasks – data collection, reconciliation and reporting – run automatically. That noticeably shortens fast-close cycles.
Digital financial reporting worker · Agent
IFRS Assistant
The digital financial reporting worker supports accounting and group finance with recognition, consolidation and closing – under IFRS, HGB and US-GAAP, structured and audit-ready.
What the IFRS Assistant handles:
- Recognition & measurement
- Consolidation & group closing
- Closing under IFRS/HGB
- Reporting & key figures
- up to 68 % Automation
- 24/7 Available
- BPMN 2.0 auditable
Benefits
Benefits for accounting & group finance
Why a digital worker noticeably relieves closing teams – from data collection to the audit-proof group closing.
Fewer errors, more compliance
Rule-based checks and completeness controls lower error susceptibility and secure conformity with IFRS, HGB and US-GAAP.
React quickly to new standards
New IFRS standards and changed rules are translated into processes – your team implements regulatory changes fast and consistently.
Secure & scale expertise
Accounting expertise is secured as a process – independent of individuals and scalable across multiple entities.
Areas of use
Typical tasks in accounting & group finance
From recognising individual items to the group closing – the IFRS Assistant automates the tasks that arise cyclically in accounting.
Recognition & closing
- Recognition & measurement of individual balance-sheet items
- Review of accounting treatments & valuations
- Annual & group closing under IFRS/HGB
- Reconciliations (IFRS ↔ HGB/US-GAAP)
- Automated queries for missing documents & figures
- Deadline, date & deputy rules
Consolidation & reporting
- Aggregation of financial data from multiple entities
- Debt, expense & income consolidation
- Intercompany profit elimination & capital consolidation
- Reconciliation with ERP systems (e.g. SAP)
- Group reporting & key figures (notes)
- AI-supported forecasts & plausibility checks
Standards & integrations
IFRS, HGB & group consolidation
The IFRS Assistant connects accounting standards, group systems and daily closing work – without media breaks.
IFRS, HGB & US-GAAP
Maps accounting under IFRS as well as in parallel under HGB and US-GAAP – including reconciliations and the implementation of new standards.
ERP, SAP & DATEV
Connects ERP systems such as SAP, DATEV as well as consolidation and specialist systems via open standards, APIs and connectors – without media breaks.
Consolidation & audit-proof records
Consolidates entities and locations and documents accounting decisions in an audit-proof way – GDPR-compliant, AI-neutral and auditable (BPMN 2.0), optionally secured with blockchain.
Automation levels
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.
Process
How it works
Job profile
Analyse tasks & workflows.
Configure
Model persona & processes (BPMN 2.0).
Connect
Integrate systems & data.
Operate
Cloud or on-premise, GDPR-compliant.
Optimise
Monitoring & governance.
Target groups
For which companies & departments?
The IFRS Assistant is tailored to financial reporting and group accounting – from the capital-market group to the audit firm.
Group & capital market
- Capital-market-oriented groups
- Holding & group structures
- Subsidiaries & locations
- Cooperatives & associations
Accounting & controlling
- Group accounting & group reporting
- Balance-sheet accountants & accounting experts
- Financial & group bookkeeping
- Controlling & consolidation
Advisory & audit
- Audit firms
- Tax advisory & consulting firms
- IFRS & accounting advisors
- Internal audit & ICS
More workers
Related digital workers
Frequently asked questions
The most common questions about the IFRS Assistant.
What does the IFRS Assistant do exactly?
The IFRS Assistant supports accounting and group finance with recognition and measurement, consolidation, group and annual closing as well as reporting – under IFRS, HGB and US-GAAP, structured and audit-ready.
How high is the automation level of the IFRS Assistant?
For the IFRS Assistant's typical tasks, around 68 % automation is achievable – we determine the exact figure from your job profile.
Which accounting standards does the IFRS Assistant support?
The IFRS Assistant maps accounting under IFRS as well as in parallel under HGB and US-GAAP – including reconciliations and the implementation of new standards and regulatory requirements.
Does the IFRS Assistant support group closing and consolidation?
Yes. The IFRS Assistant consolidates financial data from multiple entities and locations, performs debt, expense and income consolidation as well as intercompany profit elimination, and supports the group closing.
Can the IFRS Assistant integrate with existing systems?
Yes. The IFRS Assistant connects seamlessly via open standards, APIs and connectors – ERP systems such as SAP, DATEV as well as consolidation and specialist systems can be integrated.
Is the IFRS Assistant GDPR-compliant?
Yes. The IFRS Assistant is GDPR-compliant, AI-neutral and fully auditable (BPMN 2.0). It runs either as a high-security SaaS cloud or on-premise in your own data centre.
Is the closing process audit-proof?
Yes. Accounting decisions, documents and processes are documented in an audit-proof way and can be traced end to end – based on the open standard BPMN 2.0, optionally secured with blockchain.