- Before
- Rebuilds each partner's statement in a spreadsheet from ERP extracts and partner reports, applying definitions from memory, then argues the numbers on email.
- Now
- Opens each statement already built and cited; decides each finding with its clause and ledger line beside it, and answers partner questions from drafted, cited replies.
One quarter's close, from who pays whom to a cited statement
Northwind Bio closed Q3 2026 on September 30. It is Wednesday 7 October, and Omar Haddad, the alliance accounting lead, has four alliances to settle — Larkspur Pharma, Aldenmark Biotech, Seiren Pharmaceutical and Brightwater Bio. Estimates go to partners on October 14, finals on November 14. Here is what happens, screen by screen, in the working solution.
- 01Wednesday morning
The quarter on one picture: who pays whom
Omar Haddad · Alliance accounting leadNorthwind Bio sits in the centre, each partner around it, and every arrow points the way the money moves, as thick as this quarter's net settlement. So far Northwind pays $3.1M and partners pay $31.1M. Seiren has agreed and e-signed, Brightwater is on its flash estimate, Aldenmark has 2 findings to decide, and Larkspur's report and the ERP extract arrived at 06:10 — its arrow is dashed: not built yet.
“Line width follows the net settlement · click an arrow for its statement”
- 02One click
The statement behind the Aldenmark arrow
Omar Haddad · Alliance accounting leadThe Corventa statement opens beside the map: Aldenmark pays Northwind $21.3M — $21.25M as drafted. Three lines carry it: $56.00M of U.S. and Japan share and costs from Aldenmark, $40.15M of royalties to Aldenmark and a $5.40M development true-up. Each line has its clause, and each source — Aldenmark's report, the ERP extract, §7.2, §1.5, the steering committee minutes — opens at its passage.
“$21.25M as drafted · 2 findings could move it”
- 03Finding 1 of 2
A royalty tier crossed in Q3, accrued at 22% throughout
Allowability checkerYear-to-date net sales outside the U.S. and Japan passed $250M in Q3, from $210.0M before the quarter. $40.0M falls in the 22% tier and $142.5M in the 24% tier: $43.00M owed, against $40.15M accrued. The finding cites the ERP extract and §7.2, highlighted beside it, and shows its effect: Northwind pays $2.85M more — above $1M, so the controller signs.
§7.2: “Tiers apply to cumulative Net Sales in the Calendar Year; the rate changes in the quarter in which a threshold is crossed.”
- 04Applied
He applies it; the net payment moves to $18.40M
Omar Haddad · Alliance accounting leadOmar applies the royalty finding and the statement recalculates: Aldenmark now pays $18.40M. The second finding is next. Aldenmark charged $3.60M of global brand campaign to the profit pool; the Joint Steering Committee approved $2.0M for 2026, so $1.60M leaves the pool and Northwind's half is $0.80M. The recommendation is to ask Aldenmark.
“Ask Aldenmark puts the agreement figure in the statement, marked pending, and drafts a question with the evidence attached.”
- 05Build
Five agents build the Larkspur statement
The agentsTen documents are in: the ERP extracts, Henrik Vos's ex-U.S. profit and co-promotion cost reports, the shared CRM details, the agreement and its amendments, the 2026 committee letter, the VLT-318 opt-out notice and the supply agreement. The agreement reader finds 14 terms in force from 3 documents in 6.2 s; the ledger mapper places 1,206 ledger lines in 11 agreement categories and ties them to the trial balance in 3.8 s; the two checkers raise 3 adjustments and 3 questions.
“Ledger totals must tie before any statement is built” — and unmapped lines stop the build.
- 06Every line
Northwind pays Larkspur $129.22M — and every line has a trail
Statement calculatorThe draft statement shows U.S. pre-tax profit of $463.21M split 50/50, an $82.10M ex-U.S. share from Larkspur and a $34.48M development true-up, netting to $129.22M with 6 findings to decide. Open sales and marketing and its trail appears: cost centres CC-4410 to CC-4460, the field force at the 2026 FTE rate, and the committee letter that sets that rate at $286,440.
The calculator is deterministic — no language model in the arithmetic, and the same inputs always give the same statement.
- 07Finding 3 of 6
An opted-out study still in the shared pool
Allowability checkerLarkspur opted out of chronic graft-versus-host disease, Study VLT-318, effective April 2, 2026. Its $4.80M of Q3 costs stay with Northwind and leave the shared pool, which falls from $100.80M to $96.00M, so Larkspur's 60% charge falls by $2.88M. The finding cites the R&D project ledger, the opt-out notice and §4.6 — and it works against Northwind.
The checkers report both directions — in Northwind's favour and the partner's.
- 08Classification
The ASC 808 memo, drafted from the statement
Accounting memo writerThe memo writer reads the statement, last quarter's signed memo and the policy library, then classifies each flow. The U.S. profit share and co-promotion costs owed to Larkspur go to cost of products sold; the ex-U.S. share is collaboration revenue, shown apart from product revenue; the development true-up reduces R&D expense. Product supplied under the supply agreement is a distinct good to a customer, under ASC 606.
The memo writer drafts; Dr. Maya Chen, the assistant controller, signs.
- 09Back on the map
The quarter, now with Larkspur built
Omar Haddad · Alliance accounting leadThe Larkspur arrow is solid now: Northwind pays $129.2M, with 6 findings to decide. Aldenmark pays $18.4M with one left. Across the four alliances Northwind pays a net $104.1M for Q3, and 7 findings wait for a person.
- 10Before Oct 12
A partner's question, answered with the clause
Partner reply writerIngrid Holm at Aldenmark wants to deduct a USD 1.2M increase in the Japan returns reserve from Q2 Japan Net Sales. The reply writer drafts the answer: §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 reads it and decides whether to send, escalate to the committee or mark it resolved.
The reply writer never concedes or settles an amount, and never sends — a person does.