botminds.aiRequest a demo

Disclosure Management demo

Filing numbers traced to the ledger, and a late change fixed wherever it appears. 1:34

Book a demoExplore the solution

What the demo shows

Drafts 10-K/10-Q and annual-report disclosures and ties every number to the ledger

The draft 10-Q is the work surface: a page of the filing in which every number is underlined green (tied to the ledger or a schedule), amber (tied with a rounding note) or red (does not tie), with the count of untied numbers pinned in the corner. Click a number and its trail opens: draft, consolidation, ledger accounts, the journal or schedule behind it. Seven agents roll the last filing forward, draft the narrative from the close package with sources, trace every number, find every place a fact appears and recompute the growth rates written in sentences, check the disclosure checklist and the company's promises to the SEC, tag XBRL and keep the seven filing gates. When a late journal moves revenue, the agents propose one change set that fixes each affected number wherever it appears; the SEC reporting manager approves it with a reason code, owners approve their estimates, a fix to an approved section reopens it, and the CAO approves the filing only when every gate is met. The auditor reads it all, read-only.

Transcript

  1. Disclosure Management drafts the 10-Q for SEC reporting teams and ties every number to the ledger.
  2. One untied number can mean a restatement.
  3. 391 companies restated last year.
  4. Overnight, seven agents rolled the quarter forward and traced 1,284 numbers.
  5. In the draft, green ties to the ledger.
  6. Amber has a rounding note.
  7. Red does not. Note 3 says Services America's is $412.6 million.
  8. The ledger says $412.9.
  9. The tie-out agent finds Y, a $318,400 reclass, bookplate.
  10. Another agent finds it in four places and recomputes the growth rate.
  11. Owen asks Y, reads the journal, and approves.
  12. Ten numbers turn green.
  13. Margaret, the Chief Accounting Officer, sees which gates remain.
  14. Every number traced, every change signed, and logged for the auditor.
  15. The goal, every number tied before sign-off, and a draft ready by day five.
  16. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.