Consarc - This is the Future of Close

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Consark is now Consarc. One letter. We know you will not hear the difference when you say it out loud. That is exactly how we envisioned it.

Here is what changed instead: the platform runs on agents that execute close tasks, closing the loop (the arc), instead of orchestrating workflows. They pull the data, execute the work, and hand it forward until the loop closes, with your team stepping in only when something needs judgment. That is how accruals, prepaids, variance analysis, and leases already close today. We are extending it to the rest of the close next.

The old name held records. The new one closes them. Here is the full story.

When we started building, the vision was simple: not another tool that tracks the close, but something that runs it.

Through that journey, we kept looking at our own name. Consark. There is an "ark" in there. An ark stores. It holds cargo. It preserves what is already there. For three decades that was exactly what finance software was built to do, and the name fit the era.

We changed one letter because the old name described the era we were leaving, not the one we are building: a model where multiple agents, not a single one, close the loop together.

Now here is why that matters.

Think about what a finance team actually does every month-end. Someone pulls the data from the ERP. Someone builds the accrual schedule. Someone reconciles the accounts, posts the intercompany entries, explains the variances. The software they use tracks all of this beautifully. It sends reminders. It shows a dashboard with red, amber, and green indicators. But it never touches the work itself. Across the enterprise finance teams we work with, 70 to 80% of every close cycle is execution, and no software has ever gone there.

We built Noa, a network of specialized agents, for exactly this layer, each one owning a piece of the close, executing it, and handing results to the next. Take accruals as an example of how it works today. Every month-end, one agent pulls the trigger events from the ERP and the open POs, another follows up with PO owners for outstanding responses, another calculates the accrual against logic your controllers already approved, and a fourth drafts the entry and stages the support, ready for review. Work that used to take two or three days before anyone in accounting saw a number is finished before the close calendar even says the accrual step should start.

This is not a single agent executing one task while a person waits. Inside a single close task, multiple agents hand off to each other in sequence until the work is done and only the judgment call remains for your team.

Accruals, prepaids, variance analysis, and leases are already running this way. The goal is an agent for every task in the finance close, each handing off to the next, until the entire close runs itself.

When your execution layer runs on a coordinated network of agents, the close calendar itself changes shape. The close stops being a cycle with a brutal deadline at the end and becomes a continuous state.

The destination has a name in finance circles: zero-day close, the idea that the books are always current, that month-end is not a scramble but a formality, that your team governs the numbers rather than chasing them. We are building toward it.

The end state is simple. Your CFO opens the books on day one and finds last month already closed. Nobody stayed late. Nobody pushed it along. That is what we are building. The ark held the books. The arc closes them.

That is Consarc.

-Karthik Annapragada
CEO, Consarc.ai

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