Quarterly profit-share and cost-share statements for every alliance partner, each number traced to its clause
Every partner’s quarterly profit-share statement built from the ledger and the agreement, each number traced to its clause.
See one case, screen by screen ↓Every quarter the alliance accounting lead turns a ledger into a statement each partner will sign. The ERP extract lands on working day 4, the partner reports follow, and the agreement decides almost everything in between: what counts as Net Sales, which expenses are allowable, the FTE rate, the cost-share split, the exchange-rate method, when the estimate, the final and the payment are due.
The terms do not sit in one place. Net Sales is defined in Amendment 3, a committee letter sets the 2026 FTE rate, an opt-out notice takes a study out of the shared pool, and a draft supply amendment is not in force yet. Checked by hand in spreadsheets and e-mail, a planning rate or a bad-debt provision slips through, and the partner finds it in review, or in an audit that can reach three years back.
Estimated split of the 2025 average of 42 days, against the 19-day target with the solution.
Specialist agents read the agreements, map the ledger, check the partner’s report and calculate every share; the alliance accounting lead decides each finding.
Northwind Bio’s Q3 2026 close, working day 5. Larkspur Pharma’s reports for Veltrimab arrived at 06:10. Here is the Larkspur statement, screen by screen, in the working solution.
Two of four statements built, two findings to decide on Corventa, $34.2M moving between partners so far and 38 days to the final statements. The map shows who pays whom: Aldenmark pays $21.3M, Seiren pays $9.8M, Northwind pays Brightwater $3.1M on an estimate — and Larkspur is still to build.
“Estimates to partners Wed Oct 14 · finals Nov 14” — every clock comes from the agreement’s reporting clause.
The Veltrimab statement opens on its inputs: the ERP extracts for the U.S. product P&L and sales & marketing, the R&D project ledger, Larkspur’s ex-U.S. profit and co-promotion cost reports, shared CRM details, the agreement with its 3 amendments (214 pages), the Jan 20 committee letter on 2026 rates, the VLT-318 opt-out notice and the supply agreement.
“Five agents read the agreement, its amendments and committee letters, map 1,206 ledger lines to the agreement’s categories, check Larkspur’s figures, and build the statement — every number with its calculation trail. You decide each finding.”
The agreement reader finds 14 terms in force for Q3 across Amendment 3, the committee letter and the opt-out. The ledger mapper places 1,206 lines into 11 agreement categories and ties them to the trial balance. The allowability checker proposes 3 adjustments; the partner data checker raises 3 questions on exchange rate, supply price and co-promotion details.
Drafted from the ledger, Northwind pays Larkspur $129.22M: $245.80M of U.S. share and costs, less $82.10M of ex-U.S. share and a $34.48M development true-up. Each line shows the ledger or reported figure beside the figure per agreement. Click Net Sales and the trail opens — gross sales of $1,048.00M less allowed deductions, definition §1.71 applied — with clause (f) highlighted in the source.
“The arithmetic is a deterministic step — the same inputs always give the same statement.”
The ledger deducts the full $4.40M bad-debt provision from Net Sales. The agreement allows only amounts actually written off — $1.50M this quarter — so $2.90M goes back into Net Sales. Recommended: apply, at 96% confidence; Northwind pays $1.45M more. Finding 3 is larger still: Larkspur opted out of Study VLT-318 effective Apr 2, 2026, so $4.80M leaves the shared development pool.
Both directions are reported — in our favour and the partner’s.
Larkspur converted euro amounts at the Sep 30 rate of 1.1612. §1.31 requires the quarterly average of daily rates, 1.1642, which lifts ex-U.S. profit by $0.42M and Northwind’s half by $0.21M. The recommendation is to ask Larkspur: the agreement figure goes in marked pending, with a question drafted and the evidence attached.
Partner data is never changed — differences become questions.
Omar accepts every recommendation: the bad-debt provision, the 2026 FTE rate of $286,440 and the VLT-318 opt-out are applied; the exchange rate, the unsigned $41.20 supply price and 1,550 co-promotion details not in the CRM go to Larkspur as questions. Northwind now pays Larkspur $132.41M, $3.20M more than the ledger draft, and each change sits on its line.
Three adjustments are above the $1,000,000 threshold, so the statement goes to Dr. Maya Chen. She signs with her password, the meaning “Approved as controller” and the time recorded with it. The statement and its calculation trail go to Larkspur through the partner portal, with the drafted questions; the ASC 808 memo stays internal for the auditors.
The memo writer reads the statement, last quarter’s signed memo and the policy library. It sets out the arrangement and the unit of account, then classifies each Q3 flow: $247.27M owed to Larkspur in cost of products sold, $83.26M from Larkspur in collaboration revenue shown apart from product revenue, the $31.60M development true-up as a reduction of R&D expense, and product supplied to Larkspur as ASC 606 revenue.
The controller signs; the agent drafts.
Aldenmark wants to deduct a $1.2M increase in its Japan returns reserve from Q2 Net Sales. The reply writer drafts Omar’s answer to Ingrid Holm: §1.14(c) allows a returns reserve only to the extent it rests on the historical return rate, trued up each year — so please send the calculation. Omar sends it, escalates it to the committee, or marks it resolved.
Replies are sent only by a person — the agent never concedes or settles an amount.
The same statement, seen by the four people who carry it — what their quarter looked like, and what it looks like now.
Specialist agents read the agreements, map the ledger, check the partner’s report and calculate every share; the alliance accounting lead decides each finding.
Reads each collaboration agreement, amendment, supply agreement and committee letter and keeps the terms that drive the money — Net Sales, allowable expenses, FTE rate, splits, cost shares, exchange rate, clocks, audit rights — each with its clause.
Maps product P&L, gross-to-net, cost-centre and project ledger lines from the ERP into each agreement’s categories, by product, territory and quarter.
Tests every mapped line against the agreement — Net Sales deductions, allowable expenses, FTE rates, opt-outs and royalty tiers — and proposes each adjustment with its amount and clause.
Checks each partner’s report against the agreement and Northwind’s own records — exchange-rate method, signed supply price, CRM detail counts, approved budgets.
Computes each territory’s pre-tax profit, the shares, cost reimbursements, development true-ups and the single net payment, with every step in the calculation trail.
Drafts replies to partner questions with the clause and the evidence attached, proposes a way forward and a date.
Drafts the quarterly ASC 808 memo from the final statement: scope, unit of account, the classification of every flow and the disclosure table.
Decides; the controller signs. The agents propose; a named person decides.
Ask in plain words, or tell it what to change. Every answer shows the passage behind it.
Why does Northwind pay Larkspur this quarter?
Because Northwind books every U.S. sale and Larkspur books the rest of the world. Each quarter Northwind owes Larkspur half of U.S. profit plus its U.S. costs; Larkspur owes Northwind half of ex-U.S. profit and its 60% of development. The ledger draft nets to $129.22M; with the agents’ six recommendations it becomes $132.41M. Payment is due Nov 29.
Which costs did the agents keep out of the shared pool?
Four items, each with its clause: $2.90M of bad-debt provision out of the Net Sales deductions, since only write-offs count; $0.75M of field force charged at the $312,000 planning rate instead of the 2026 FTE rate of $286,440; $4.80M of VLT-318 after Larkspur opted out; and $0.70M of co-promotion details not in the CRM. The first three favour Larkspur and the last favours Northwind — the agents report both directions, which is what a partner audit would find.
Draft the reply to Aldenmark on the Japan returns reserve
To Ingrid Holm: Thank you for your letter of Sep 28. Section 1.14(c) lets a returns reserve be deducted only to the extent it rests on the historical return rate, trued up to actual returns each year. Could you send the return-rate calculation behind the USD 1.2M increase? If it follows the historical rate, we will include it in the Q2 revision; otherwise we propose to take it in the year-end true-up. The draft is on the question for you to send.
Hold any adjustment over $500,000 for Maya’s sign-off
Done. Statements now go to Dr. Maya Chen when any single adjustment is above $500,000 (it was $1,000,000). On Veltrimab that brings two more findings into her review: the $0.754M field-force rate correction and the $0.70M of co-promotion details not in the CRM. The change is in Settings and on the audit trail.
13 screens from the working solution, on its sample data. Pick one to see it large.
Approvals, checks and data sources are settings, changed in plain words and recorded on the audit trail.
| Setting | Default | Choose from |
|---|---|---|
| Controller sign-off for any single adjustment above | $1,000,000 | $500,000 · $1,000,000 · $2,500,000 |
| Who signs as controller | Dr. Maya Chen | Dr. Maya Chen · Omar Haddad |
| Who signs the ASC 808 classification memo | Dr. Maya Chen | Dr. Maya Chen · Sam Patel |
| Send to partner | Required | Electronic signature with meaning, name and time |
| Statement checks | 7 checks on | Net Sales deductions · committee FTE rates · opt-outs · rate method · supply price · global brand budget · royalty tiers — each on or off |
| Add a check | Your checks | Describe a check in one sentence |
| Exchange rates | Per each agreement | Per each agreement · Group treasury rates |
| People | Five roles | Preparer · Controller · Viewer and committee letters · Data provider · Read only |
Every figure is labelled: a target the solution is built to, an estimate, a typical published result, or a proven one.
“demo” = seen in the working solution, on its sample Q3 2026 close · “target” = the design goal, measured in the live solution · “estimated” = our estimate · ASC 808 and ASU 2018-18 (collaborative arrangements) are named as context. People and companies named on this page are characters in the working solution.
The quarterly statement that settles a collaboration between two companies: each territory’s profit split as the agreement says, the costs each side reimburses, the development cost true-up and the single net payment. The Alliance Profit-Share Statement Agent builds it from the ledger, the partner’s report and the agreement, with every number traced to its clause.
The agreement reader keeps every term that drives the money with its clause and page. When an amendment or committee letter changes a term, it keeps both and marks which is in force for the quarter. Drafts and unsigned amendments are never in force.
No. The partner data checker recomputes converted amounts, compares unit prices with the signed supply agreement and detail counts with the shared CRM. Where a figure differs, the agreement figure goes in marked pending and a question goes to the partner with the evidence.
After the statement is signed, the accounting memo writer drafts the quarterly memo: the arrangement, the unit of account and the classification of each flow — for example cost of products sold, collaboration revenue shown apart from product revenue, or a reduction of R&D expense — with the guidance cited. The controller signs it.
Every statement is e-signed with the signer’s name, the meaning of the signature and the time. Statements with any adjustment above the threshold go to the controller first. The signed statement and its calculation trail go to the partner through the partner portal.
Yes. The controller sign-off threshold, who signs, the seven statement checks and the exchange-rate source are settings. A new check can be described in one sentence and is added to every statement build for your approval.
Yes. The agents read, map, check and calculate; the alliance accounting lead decides every finding, partner replies are sent only by a person, and the controller signs. Every step and decision is on the audit trail.
The Agentic Solution Engine builds and deploys it from your requirements — your collaboration agreements, ledger structure and a past quarter’s statements — and it goes live once every quality gate has passed. We walk you through it on one of your own alliances first.
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