CL-07 · Close

Flux & variance analysis Flux commentary that cites the numbers and the reasons

Commentary that cites both the balance and the business reason behind each material movement.

How Spaces helps

Your ERP shows what moved. Agents find the business reasons in Slack, email and Notion and draft cited commentary for review.

Still manual today The business reasons for variances sit in Slack, email or Notion, outside the ledger.

Example Group opex rose 10% month on month: an approved implementation accrual (+SGD 90k) and contractor spend on the data migration (+SGD 50k), partly offset by lower travel (−SGD 20k).

Flux review · Sep to Oct · consolidated
  • Cloud hosting expense +SGD 41,000 · new region launch Done
  • Professional fees +HKD 220,000 · audit prep advisory Done
  • Travel and entertainment −INR 1.8m · offsite moved Done
  • Revenue: services +USD 85,000 · reason pending For approval
  • Bad debt expense +SGD 26,000 · no explanation found Needs review

Threshold: 10% and SGD 20,000

What the agent does

  • Pulls period-over-period balances by entity and account
  • Searches Slack, Gmail and Notion for the reason behind each variance
  • Drafts commentary citing both the balances and the explaining sources
  • Marks variances above threshold that still lack an explanation

How it runs

  1. 01 Pull balances Reads current and prior period balances with your thresholds applied.
  2. 02 Find reasons Searches conversations and documents for events that explain each material movement.
  3. 03 Draft commentary Writes concise commentary per line, citing balances and sources.
  4. 04 Review and publish The controller edits and approves before commentary goes into the close pack.
Reasons, not just numbers

Commentary explains why balances moved, with sources.

Fewer follow-up questions

Business context is gathered before review, not after.

Commentary you can trace

Every statement links to a balance or a source.

Is commentary published automatically?
No. The controller reviews and approves drafts before they enter the close pack or management report.
Can we set our own thresholds?
Yes. Set thresholds by amount and percentage, per entity or account group.

Start with use case #1

Reconcile last month, side by side with your team.

Pick one entity. Connect your ERP and payment portals. See how many lines the agents match before you change anything.