UpDraft is an AI agent for technical accounting and financial reporting. Upload your documents, brief it on the transaction, and it produces memos, workpapers, schedules and disclosures. Or, simply ask UpDraft a research question about guidance or use it to quickly answer questions about a contract. No deliverables required.
Get fast, citation backed answers to questions about files or accounting guidance. Use UpDraft as a research and intelligence tool for your day -to-day tasks.
Produce structured document for formal work like technical accounting analyses, policies and disclosures. Exports to Word.
Excel spreadsheets. Financial and analytical schedules designed as either a standalone deliverable or support for other deliverables.
A freeform document for informal analysis, research summaries, or ad hoc documentation needs. Exports to Word.
Every project is anchored by three core components that work together to produce accurate, citation-backed analysis.
Authoritative accounting guidance, always on. The foundation every analysis is built upon.
Contracts, financial data, and reference material specific to this engagement.
Facts UpDraft extracts from your files, plus additional information provided by you.
You drive work in two modes — each designed for a distinct phase of the engagement.
Scope and structure the analysis. UpDraft identifies the right guides, extracts Key Terms from your contracts, and builds a workflow tailored to the transaction. You approve each step.
Execute the analysis. UpDraft works through the plan, pausing at decision points for your input. Review as it works, push back where needed, iterate until the analysis meets your standards.
Follow these seven steps to get from zero to an audit-ready deliverable.
Click "Start new Project" on the home screen and then upload anything relevant. Contracts, exhibits, schedules, amendments, etc.
Describe the assignment to UpDraft like you would a team member. A few sentences of context: the deal, the deliverable, any important details that aren't contained within the provided documents.
Planning takes a few minutes and dramatically improves the final output. UpDraft builds a workflow tailored to the transaction.
Tell UpDraft to get started once the plan is complete and it works through each issue, sharing details in the chat and drafting the analysis.
Read the output as it's produced, push back where needed, and iterate until the analysis meets your standards. Ask UpDraft to self-audit it's own work.
Download your deliverables. Memos and Notes deliverables export as Word files. Schedules export as Excel files.
These practices consistently produce higher-quality, more defensible analysis.
Files often don't provide the whole picture. UpDraft will incorporate additional information you provide in the chat into its analysis.
Every claim UpDraft makes links to the source — guide passage or contract clause. Fastest way to verify a conclusion, understand a rule, or read surrounding context.
Treat UpDraft like a capable team member and give direct feedback. Tell UpDraft it's too wordy or to re-evaluate the guidance criteria if you're not satisfied.
Deliverables are a shared workspace. Edit memos and notes yourself or tell UpDraft to do it. Discuss analysis points or ask questions without impacting deliverable documentation.
Upload a prior memo or spreadsheet. UpDraft studies the structure, formatting, tone, and analytical logic, then mirrors it in what it produces.
Tell UpDraft to critically audit its own work to find where positions are weak or you're likely to receive pushback from auditors.
Additional resources are available to help you get progressively more out of the platform. See the links at the top of this page.
What UpDraft is, how it works, and the specifics of features, files, and limits.
Click-by-click walkthroughs for specific tasks — the fastest way to learn a new feature.
Questions? Reach the team at support@tryupdraft.com
Covering the basics on how to get started with UpDraft. Refer to the FAQ or Video Tutorials for more information. Book live support time via Office Hours.