Financial reporting statements

READY-TO-DEPLOY AI AGENTS

Automate financial reporting and statements with agentic AI

Generate monthly financial statements, P&L reports, and balance sheets automatically. Reduce reporting time by 90% with your AI employee.

DEPLOYMENT TIME

4-6 weeks

AUTOMATION RATE

90%+

AUTOMATION ACCURACY

95%+

DEPLOYMENT TIME

4-6 weeks

AUTOMATION RATE

90%+

AUTOMATION ACCURACY

95%+

DEPLOYMENT TIME

4-6 weeks

AUTOMATION RATE

90%+

AUTOMATION ACCURACY

95%+

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Human employees shouldn't be manually creating financial reports...

Time-Consuming Report Creation

Accountant working late on financial reports

Your team spends days each month gathering data, creating reports, and formatting financial statements manually.

40-80 hours monthly per report cycle

Delayed Month-End Close

Calendar showing delayed financial close

Manual report creation delays your month-end close, pushing back critical business decisions and stakeholder communications.

10-15 day average close timeline

Formatting Errors & Inconsistencies

Spreadsheet with formula error

Manual report creation leads to formatting errors, broken formulas, and inconsistent presentation across reporting periods.

30% of reports require rework

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Use agentic AI to automate your financial reporting 24/7

This agent is pre-trained to run the entire authorization workflow. Deploy once on your systems, and it continuously processes incoming requests.

Automated financial statement generation
Automated financial statement generation
Generate financial statements automatically

Magical automatically creates income statements, balance sheets, cash flow statements, and statement of equity with accurate data pulled directly from your accounting system.

Create management reports and dashboards
Create management reports and dashboards

Magical generates customized management reports including departmental P&Ls, budget vs. actual analysis, KPI dashboards, and variance reports—formatted to your specifications.

Executive dashboard with financial metrics
Executive dashboard with financial metrics
Variance analysis report
Variance analysis report
Perform automated variance analysis
Perform automated variance analysis

Magical automatically identifies significant variances from budget or prior periods, calculates variance percentages, and can even draft narrative explanations based on transaction details.

Distribute reports to stakeholders
Distribute reports to stakeholders

Magical automatically distributes completed financial reports to the right stakeholders via email or secure portals, with customized report packages based on recipient roles.

Report distribution workflow
Report distribution workflow

Deploy one agent or automate the entire workflow

Deploy one agent or automate the entire workflow

Step 1 illustration

Step 1: Book a demo

See Magical in action and scope out your current financial reporting processes for automation.

Step 2: Deploy Magical

See Magical in action and scope out your current financial reporting processes for automation.

Step 2 illustration
Step 2 illustration

Step 3: Automate forever

Let your AI employee generate all financial reports, perform variance analysis, and distribute to stakeholders automatically.

Step 3 illustration
Step 3 illustration
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Step 2: Deploy Magical

Connect Magical to your accounting system and configure report templates, schedules, and distribution lists.

Measurable results for your financial operations

90%

Faster Reporting

Generate financial statements in hours instead of days

50%

Faster Close

Accelerate month-end close with automated report generation

100%

Consistency

Ensure consistent formatting and calculations across all periods

24/7

Real-Time Access

Generate up-to-date reports on-demand, any time

Works across your existing healthcare systems

What finance leaders are saying

Magical has transformed our financial close process. We've reduced our close timeline from 12 days to 5 days, and our leadership team now has access to financial reports within hours of month-end. The consistency and accuracy have been outstanding.

CFO, Mid-Market Technology Company

CFO, Mid-Market Technology Company

Ready to transform your financial reporting process?

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