Skip to main content

Overview

Ask a Finance & Operations team how they certify the balance sheet and the answer usually involves a monthly export. Balances go out to a spreadsheet or a standalone close platform, reconciliation happens there, sign-off happens there, and the conclusion comes back as an attachment. The general ledger and the evidence about the general ledger live in different places, and a copy of your GL lives in someone else's cloud.

The round trip is the expensive part. Every export is a point-in-time copy, so a late adjustment invalidates work already done and nobody finds out until review. Reviewers cannot drill from a reconciled balance back to the underlying transaction. The close binder assembled at the end is a manual artifact whose accuracy depends on someone remembering every late change. And the standalone platform charges per seat for the privilege.

What Capstone does instead​

Capstone brings the close discipline into Finance & Operations itself, where the data already is:

  • A reconciliation status board shows every balance-sheet account, across every legal entity, and where each stands in the close, in one view. No chasing spreadsheets to find out what is done.
  • Auto-matching with tolerance write-offs clears the routine items automatically, within thresholds you define, so preparers spend their time on items that genuinely need judgment.
  • Preparer and reviewer certification puts explicit sign-off on each reconciliation. Who prepared it, who reviewed it, and when, are facts on the record.
  • Subledger-to-GL tie-outs confirm that the detail supports the balance.
  • Open-item aging survives year-end, so an item unexplained for fourteen months shows as fourteen months old, not as new since January.
  • A generated close binder assembles the evidence automatically, in a form your auditors can take as-is.

Because Capstone runs inside your environment, sensitive financial detail never leaves it. You get the reconciliation and certification discipline of a dedicated close platform without its per-seat pricing, and without handing it a copy of your ledger.

Capstone installs as a package, works directly against your ledger, and is maintained across Finance & Operations releases. Run a full close cycle free in a sandbox: see Get started. The underlying model is described in Concepts.

What's included​

  • Cross-entity balance-sheet reconciliation status board
  • Auto-matching with tolerance write-offs
  • Preparer and reviewer certification with sign-off
  • Subledger-to-GL tie-outs
  • Open-item aging that survives year-end
  • Generated, audit-ready close binder