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Finance Financial ServicesTop 9 Best Gaap Software of 2026
Top 10 Gaap Software for 2026 ranked by GAAP compliance features. Compare Workiva, Corporater, FloQast picks to find the best fit.
How we ranked these tools
Core product claims cross-referenced against official documentation, changelogs, and independent technical reviews.
Analyzed video reviews and hundreds of written evaluations to capture real-world user experiences with each tool.
AI persona simulations modeled how different user types would experience each tool across common use cases and workflows.
Final rankings reviewed and approved by our editorial team with authority to override AI-generated scores based on domain expertise.
Score: Features 40% · Ease 30% · Value 30%
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Editor’s top 3 picks
Three quick recommendations before you dive into the full comparison below — each one leads on a different dimension.
Workiva
Wdesk live data linking that preserves relationships between source data and disclosure content
Built for enterprises and reporting teams needing connected, auditable regulatory documentation workflows.
Corporater
Task-based GAAP policy and evidence workflows with approval routing and audit trail history
Built for finance teams managing GAAP governance, approvals, and audit evidence workflows.
FloQast
Evidence Manager for attaching reconciliations and approvals directly to close tasks
Built for mid-market accounting teams running repeatable GAAP close workflows.
Related reading
Comparison Table
This comparison table reviews GAAP reporting and close-management software from Workiva, Corporater, FloQast, KPMG Clara, Vena, and other leading platforms. It highlights how each tool supports core workflows such as consolidation, financial reporting, automated disclosures, and audit-ready controls so teams can map capabilities to their close process.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | Workiva Workiva provides GAAP-oriented financial reporting workflows with controls, collaboration, and audit-ready digital reporting through Wdata, Wdesk, and related modules. | enterprise reporting | 9.5/10 | 9.2/10 | 9.7/10 | 9.6/10 |
| 2 | Corporater Corporater supports scalable close management and financial reporting workflows that teams use to standardize GAAP package production and approvals. | close management | 9.2/10 | 9.4/10 | 8.9/10 | 9.2/10 |
| 3 | FloQast A close management and financial controls system that automates GAAP-oriented close workflows, reconciliations, and evidence for audit readiness. | close management | 8.8/10 | 8.7/10 | 9.0/10 | 8.9/10 |
| 4 | KPMG Clara An AI-assisted accounting and technical guidance offering that supports IFRS and US GAAP research and workflow-based case handling for finance teams. | accounting guidance | 8.5/10 | 8.3/10 | 8.7/10 | 8.6/10 |
| 5 | Vena Vena builds collaborative financial models and planning workflows with structured data management and automated reporting suitable for GAAP-aligned financial planning. | financial planning | 8.2/10 | 8.2/10 | 8.2/10 | 8.1/10 |
| 6 | Deloitte One Deloitte One centralizes finance and governance analytics capabilities that can support GAAP-oriented reporting and controls implementation across financial reporting workflows. | consulting platform | 7.9/10 | 7.5/10 | 8.1/10 | 8.1/10 |
| 7 | insightsoftware insightsoftware delivers financial consolidation, reporting automation, and GAAP-focused close and disclosure workflows for enterprise financial reporting teams. | close and consolidation | 7.5/10 | 7.7/10 | 7.4/10 | 7.4/10 |
| 8 | Tagetik Tagetik provides finance performance management with structured consolidation, budgeting, and GAAP-relevant controls for standardized financial reporting. | consolidation | 7.2/10 | 7.2/10 | 7.4/10 | 7.0/10 |
| 9 | Corcentric Corcentric provides invoice automation and procurement finance workflows that support month-end financial controls used to produce GAAP-ready financial data. | AP automation | 6.9/10 | 7.0/10 | 6.7/10 | 6.9/10 |
Workiva provides GAAP-oriented financial reporting workflows with controls, collaboration, and audit-ready digital reporting through Wdata, Wdesk, and related modules.
Corporater supports scalable close management and financial reporting workflows that teams use to standardize GAAP package production and approvals.
A close management and financial controls system that automates GAAP-oriented close workflows, reconciliations, and evidence for audit readiness.
An AI-assisted accounting and technical guidance offering that supports IFRS and US GAAP research and workflow-based case handling for finance teams.
Vena builds collaborative financial models and planning workflows with structured data management and automated reporting suitable for GAAP-aligned financial planning.
Deloitte One centralizes finance and governance analytics capabilities that can support GAAP-oriented reporting and controls implementation across financial reporting workflows.
insightsoftware delivers financial consolidation, reporting automation, and GAAP-focused close and disclosure workflows for enterprise financial reporting teams.
Tagetik provides finance performance management with structured consolidation, budgeting, and GAAP-relevant controls for standardized financial reporting.
Corcentric provides invoice automation and procurement finance workflows that support month-end financial controls used to produce GAAP-ready financial data.
Workiva
enterprise reportingWorkiva provides GAAP-oriented financial reporting workflows with controls, collaboration, and audit-ready digital reporting through Wdata, Wdesk, and related modules.
Wdesk live data linking that preserves relationships between source data and disclosure content
Workiva stands out for linking narrative, spreadsheets, and filings into a single traceable workflow built around audit-ready change tracking. It supports end-to-end SEC and regulatory reporting with Wdesk features for drafting, validation, approvals, and publication. Live data connections keep figures synchronized across documents and underlying sources while preserving line-of-sight evidence. Collaboration tools manage responsibilities across teams and locations with structured review cycles.
Pros
- Live connected workpapers keep figures synchronized across documents and source data
- Built-in audit trails capture edits, approvals, and data lineage for reporting
- Workflow controls route tasks through structured reviews and sign-offs
- Consolidation tools support multi-entity reporting with controlled data flows
Cons
- Document and data connection setup requires careful modeling and ongoing maintenance
- Complex workflows can slow turnaround without strong governance and training
- Large reporting projects demand disciplined folder, ownership, and naming standards
Best For
Enterprises and reporting teams needing connected, auditable regulatory documentation workflows
Corporater
close managementCorporater supports scalable close management and financial reporting workflows that teams use to standardize GAAP package production and approvals.
Task-based GAAP policy and evidence workflows with approval routing and audit trail history
Corporater stands out for turning GAAP reporting and policy workflows into trackable, reviewable tasks with structured approvals. It supports document-driven processes for accounting policies and evidence collection that teams can route through governance steps. The platform centralizes audit-ready records so changes to reporting inputs can be traced through workflow history. Built-in controls help standardize how GAAP-related work moves from preparation to final review.
Pros
- Workflow-first model standardizes GAAP processes with routed approvals
- Centralized evidence collection supports consistent audit trails
- Versioned documentation makes policy changes easier to trace
- Governance steps improve consistency across reporting cycles
Cons
- Complex workflow configuration can slow initial setup
- Reporting outputs depend on well-maintained underlying documents
- Limited visibility for cross-team task analytics without added process design
Best For
Finance teams managing GAAP governance, approvals, and audit evidence workflows
FloQast
close managementA close management and financial controls system that automates GAAP-oriented close workflows, reconciliations, and evidence for audit readiness.
Evidence Manager for attaching reconciliations and approvals directly to close tasks
FloQast distinguishes itself with a close-management workflow built around structured GAAP accounting tasks and approvals. It centralizes the close calendar, task assignments, and evidence collection so every adjustment and reconciliations trail is reviewable. The solution supports guided processes for account reconciliations, journal entry workflows, and variance explanations that align to financial close and reporting requirements. Strong audit-readiness comes from standardized documentation, consistent sign-offs, and searchable records tied to each close cycle.
Pros
- Guided close workflow turns GAAP workpapers into trackable, reviewable tasks
- Evidence and sign-off trail links reconciliations and adjustments to outcomes
- Central close calendar coordinates deadlines across accounting and stakeholders
- Variance explanations standardize review notes for month-end reporting
Cons
- Setup requires careful account mapping to reflect GAAP reporting structures
- Workflow customization can feel limited for highly specialized close processes
- Large close teams may need extra governance to avoid redundant tasks
Best For
Mid-market accounting teams running repeatable GAAP close workflows
KPMG Clara
accounting guidanceAn AI-assisted accounting and technical guidance offering that supports IFRS and US GAAP research and workflow-based case handling for finance teams.
GAAP disclosure workflow with validation checks and audit-evidence capture
KPMG Clara stands out by combining accounting and reporting expertise with automated workflows for GAAP-focused close and disclosure tasks. Core capabilities include preparing and validating financial statement disclosures against GAAP requirements. The tool supports guided reviews that link source data to reporting outputs, reducing manual reconciliation effort. Clara also emphasizes governance controls such as audit-ready evidence trails for changes during the reporting cycle.
Pros
- GAAP disclosure support with structured, reviewable workflow steps
- Audit-ready evidence trails for changes across reporting artifacts
- Guided validation reduces manual reconciliation between source and disclosures
Cons
- Implementation depends on mapping GAAP requirements to internal reporting processes
- Disclosure coverage may not fit highly customized reporting frameworks
- Requires strong data quality to keep validations meaningful
Best For
Teams needing GAAP disclosure automation with audit-evidenced review workflows
Vena
financial planningVena builds collaborative financial models and planning workflows with structured data management and automated reporting suitable for GAAP-aligned financial planning.
Guided planning workflows with approvals tied to centrally managed data models
Vena stands out as a finance planning and performance system built around connected data models and guided workflows. Core capabilities cover budgeting, forecasting, scenario planning, and variance analysis for multi-entity organizations. Strong collaboration features support review cycles, approvals, and governance over planning changes across teams. Automated reporting and structured inputs help transform spreadsheet-heavy processes into repeatable close and planning runs.
Pros
- Central data model keeps planning inputs consistent across departments
- Scenario tools enable fast what-if forecasting and comparative analysis
- Workflow approvals improve governance over planning and reporting changes
- Versioned planning improves auditability across review cycles
Cons
- Model setup requires disciplined data mapping and governance
- Complex scenarios can increase administrator workload
- Spreadsheet familiarity does not remove all model and workflow training needs
Best For
Finance teams modernizing GAAP planning, close, and reporting workflows
Deloitte One
consulting platformDeloitte One centralizes finance and governance analytics capabilities that can support GAAP-oriented reporting and controls implementation across financial reporting workflows.
Governance-oriented reporting workstreams that connect controls and analytics to GAAP documentation
Deloitte One stands out as a branded Deloitte suite that ties analytics, industry data, and managed expertise into a unified delivery approach. Core capabilities focus on governance-ready reporting support, risk and control alignment, and decision intelligence across finance and operational domains. It emphasizes structured workstreams that map business needs to analytical outputs for stakeholders and audit participants. Delivery commonly combines configurable tools with Deloitte-led implementation to support consistent GAAP-oriented processes and documentation.
Pros
- Strong governance and audit-ready documentation support for accounting workflows
- Integrates analytics with industry context to improve reporting decisioning
- Structured workstreams align controls, risks, and financial outputs
- Deloitte-led implementation improves consistency across complex GAAP use cases
Cons
- Platform depth depends heavily on Deloitte service delivery
- Customization often requires project engagement and formal scoping
- Tooling transparency can be limited compared to standalone GAAP software
- Best fit for teams comfortable with consulting-led process design
Best For
Organizations needing managed GAAP reporting support with analytics and governance alignment
insightsoftware
close and consolidationinsightsoftware delivers financial consolidation, reporting automation, and GAAP-focused close and disclosure workflows for enterprise financial reporting teams.
GAAP reporting workflows with controlled, template-driven statement generation
insightsoftware stands out for packaging finance reporting and analytics into a unified workflow that connects data preparation to statutory output. The solution supports close, consolidation, and reporting tasks with tools designed to standardize data sourcing, calculation rules, and approval trails. It also emphasizes audit-ready reporting through structured templates and controlled processes for recurring financial statements. Teams use it to streamline ERP-adjacent reporting work across departments that need consistent GAAP outputs.
Pros
- Connects reporting workflows from data prep to GAAP-ready outputs
- Provides structured consolidation and close-oriented processing
- Supports audit-friendly controls with template-driven reporting
Cons
- Complex configuration can slow initial setup and onboarding
- Workflow customization may require specialist process knowledge
- Advanced use cases can increase operational overhead
Best For
Mid-size finance teams standardizing GAAP reporting and consolidation workflows
Tagetik
consolidationTagetik provides finance performance management with structured consolidation, budgeting, and GAAP-relevant controls for standardized financial reporting.
Rules-based consolidation and close workflow with auditable adjustments and approvals
Tagetik stands out with enterprise-ready financial planning and consolidation that supports both statutory and management reporting workflows. Core capabilities include multi-entity consolidation, account and currency translation, and structured close activities with audit-friendly controls. The platform also supports planning models, scenario management, and reporting that can be aligned to GAAP requirements across complex organizational structures.
Pros
- Strong multi-entity consolidation with currency translation support
- Structured close workflow reduces manual consolidation effort
- Scenario-based planning supports iterative forecast updates
- Audit controls help maintain traceability across reporting changes
Cons
- Implementation often requires substantial configuration for complex models
- User experience can feel heavy for small planning teams
- Advanced reporting layouts may require specialized administrator expertise
Best For
Enterprises needing controlled GAAP consolidation and scenario planning across many entities
Corcentric
AP automationCorcentric provides invoice automation and procurement finance workflows that support month-end financial controls used to produce GAAP-ready financial data.
Invoice exception management that routes mismatches for resolution through predefined workflows
Corcentric stands out with procure-to-pay and accounts payable workflow automation built for complex purchasing operations. The suite supports AP processing, invoice exception handling, and supplier lifecycle activities that connect procurement and payment outcomes. It also provides analytics for spend visibility and process performance so finance teams can manage compliance and approvals with audit-ready trails.
Pros
- Procure-to-pay workflows standardize approvals and invoice routing across organizations
- Exception handling supports faster resolution of invoice mismatches
- Supplier management connects onboarding and ongoing supplier readiness
- Reporting tools improve visibility into spend and AP throughput
Cons
- Implementation effort can be significant for organizations with fragmented processes
- Deep configuration is required for teams with unique approval rules
- Usability may depend on workflow design and data quality inputs
Best For
Mid-market finance teams modernizing AP and procure-to-pay operations
How to Choose the Right Gaap Software
This buyer’s guide explains how to choose GAAP software tools that manage close workflows, consolidation, disclosures, and audit evidence. It covers Workiva, Corporater, FloQast, KPMG Clara, Vena, Deloitte One, insightsoftware, Tagetik, and Corcentric, with comparisons grounded in their specific workflow strengths. The guide also highlights common implementation pitfalls seen across these products and maps each tool to the teams it fits best.
What Is Gaap Software?
GAAP software manages GAAP-oriented accounting workflows such as close tasks, consolidation processing, financial statement drafting, disclosure validation, and audit evidence capture. These tools reduce manual reconciliation work by routing work through approvals, linking source data to outputs, and preserving change history for audit readiness. Workiva shows how live connected workpapers can keep figures synchronized from source data to disclosure content. FloQast shows how guided close tasks can standardize reconciliations, journal entry workflows, and variance explanations tied to each close cycle.
Key Features to Look For
GAAP software succeeds when it makes GAAP work traceable from inputs to outputs while enforcing review and approval controls.
Live data linking from source to disclosure content
Workiva uses Wdesk live data linking to preserve relationships between source data and disclosure content, which keeps reporting line-of-sight evidence intact. This approach reduces the need to manually reconcile figures after disclosure drafting because connected data stays synchronized.
Task-based GAAP policy and evidence workflows with routed approvals
Corporater centers GAAP policy and evidence work on trackable tasks with approval routing and an audit trail history. This workflow model is designed to standardize how GAAP-related work moves from preparation to final review.
Evidence Manager that attaches reconciliations and approvals to close tasks
FloQast includes an Evidence Manager that attaches reconciliations and approvals directly to close tasks. This design helps auditors and internal reviewers follow evidence tied to each adjustment and outcome in the close cycle.
GAAP disclosure workflow with validation checks and audit-evidence capture
KPMG Clara provides a GAAP disclosure workflow that includes validation checks and audit-evidence capture. Clara’s guided validation links source data to reporting outputs to reduce manual reconciliation between underlying numbers and disclosures.
Centrally managed data model with guided planning workflows and approvals
Vena builds planning and performance workflows around connected data models with approvals tied to those centrally managed structures. This supports repeatable budgeting, forecasting, scenario planning, and governance over planning changes across teams.
Rules-based consolidation and close workflow with auditable adjustments and approvals
Tagetik delivers rules-based consolidation plus structured close activities that produce auditable adjustments and approvals. Its multi-entity and currency translation capabilities support controlled consolidation across complex organizational structures.
How to Choose the Right Gaap Software
A practical selection process matches workflow scope, evidence needs, and governance maturity to the tool’s built-in capabilities.
Map the workflow scope to close, disclosures, or consolidation
Start by identifying whether the core GAAP workload is close management, GAAP disclosure validation, or consolidation and statutory statement generation. FloQast fits repeatable GAAP close workflows with guided reconciliations, journal entry workflows, and standardized variance explanations. Tagetik fits multi-entity consolidation and controlled close activities with rules-based adjustments and approvals.
Choose the evidence model that matches audit requirements
Select tools that create audit-ready evidence trails tied to the artifacts auditors will inspect, such as reconciliations, sign-offs, and workflow history. Workiva builds built-in audit trails that capture edits, approvals, and data lineage for reporting. Corporater centralizes audit-ready records with versioned documentation so policy changes can be traced through workflow history.
Decide between connected-document workflows and task-driven governance
Connected-document workflows reduce manual effort when narrative, spreadsheets, and filings must remain synchronized. Workiva’s Wdesk live data linking preserves relationships between source data and disclosure content. Task-driven governance reduces ambiguity when accounting policies and evidence must move through structured approvals like the routed GAAP policy workflows in Corporater.
Evaluate data modeling workload and how setup impacts turnaround
Model-heavy tools require disciplined configuration to avoid slowdowns during onboarding and ongoing maintenance. Workiva and Vena both depend on careful modeling and ongoing governance to keep connected data and scenarios consistent. insightsoftware and Tagetik can also slow initial setup when configurations for reporting templates, consolidation logic, or advanced layouts are complex.
Confirm fit for enterprise complexity and deployment expectations
For enterprise governance across analytics and controls, Deloitte One pairs structured workstreams with Deloitte-led implementation to connect controls and analytics to GAAP documentation. For mid-size teams that need standardized consolidation and template-driven statement generation, insightsoftware focuses on controlled workflows from data preparation to GAAP-ready outputs. For procurement-adjacent GAAP-ready financial data, Corcentric routes invoice exceptions through predefined workflows that support month-end financial controls feeding GAAP reporting.
Who Needs Gaap Software?
GAAP software is a fit when GAAP reporting work must be standardized, reviewed, and made audit-ready across recurring reporting cycles.
Enterprises and reporting teams needing connected, auditable regulatory documentation workflows
Workiva is best for enterprises that must connect narrative, spreadsheets, and filings into a single traceable workflow with audit-ready change tracking. Corporater also supports enterprise-grade governance by routing GAAP policy and evidence through structured approvals with centralized audit trails.
Finance teams managing GAAP governance, approvals, and audit evidence workflows
Corporater is designed for finance teams that standardize GAAP package production and approvals using routed task workflows. Workiva also fits teams that need approvals and evidence tied to connected disclosure content via Wdesk live data linking.
Mid-market accounting teams running repeatable GAAP close workflows
FloQast targets mid-market accounting teams with guided close workflows that turn GAAP workpapers into trackable tasks. insightsoftware is also a fit when mid-size finance teams need standardized GAAP reporting and consolidation workflows built around template-driven statement generation.
Teams needing GAAP disclosure automation with audit-evidenced review workflows
KPMG Clara fits teams that want GAAP disclosure workflow steps that include validation checks and audit-evidence capture. Workiva complements disclosure work when live data linking must keep figures synchronized from source data to disclosure content.
Common Mistakes to Avoid
Common failure points across these tools involve mis-scoped workflow expectations, weak data governance, and underinvestment in modeling discipline.
Choosing connected workflows without planning for ongoing modeling maintenance
Workiva’s live connected workpapers keep figures synchronized, but document and data connection setup requires careful modeling and ongoing maintenance. Vena’s centrally managed data model also depends on disciplined data mapping and governance to keep inputs consistent across approvals and scenarios.
Under-scoping governance steps for approvals and evidence collection
Corporater works best when workflow configuration includes the governance steps that route policy and evidence through approvals. FloQast also needs careful account mapping so guided close tasks and evidence attachments match GAAP reporting structures.
Assuming disclosure automation will succeed with low data quality
KPMG Clara’s guided validation checks require strong data quality so validations remain meaningful. Workiva’s connected lineage also relies on correct underlying source relationships to preserve audit-ready evidence.
Trying to handle procurement invoice exceptions without linking them to month-end controls
Corcentric is built for invoice exception management that routes mismatches through predefined workflows, which supports month-end financial controls. Running those steps outside a structured workflow can create delays and reduce traceability feeding GAAP outputs.
How We Selected and Ranked These Tools
we evaluated each GAAP software tool on three sub-dimensions with the weights features at 0.4, ease of use at 0.3, and value at 0.3. The overall rating is the weighted average using overall = 0.40 × features + 0.30 × ease of use + 0.30 × value. Workiva separated from lower-ranked tools by delivering exceptionally strong connected-document evidence through Wdesk live data linking that preserves relationships between source data and disclosure content. Workiva’s combination of audit-ready change tracking, approval workflow controls, and live data synchronization drove higher features scores while still maintaining top-tier ease of use for structured regulatory reporting workflows.
Frequently Asked Questions About Gaap Software
Which GAAP software is best for creating audit-evidenced SEC disclosure workflows?
Workiva is built for traceable SEC and regulatory reporting by linking narrative, spreadsheets, and filings into a single workflow. Its Wdesk live data connections preserve line-of-sight evidence between source figures and disclosure content, with collaboration and structured review cycles.
Which tool fits task-based GAAP policy and evidence governance with approvals?
Corporater turns GAAP reporting and policy work into trackable tasks with approval routing. It centralizes audit-ready records so changes to reporting inputs stay traceable through workflow history.
What GAAP software supports repeatable close cycles with reconciliations and journal entry workflows?
FloQast centers on close management with structured GAAP tasks, evidence collection, and approval workflows. Its Evidence Manager attaches reconciliations and sign-offs directly to close tasks so reviews stay searchable per close cycle.
Which option automates GAAP disclosures using validation checks and evidence capture?
KPMG Clara focuses on GAAP-focused close and disclosure automation with guided workflows for preparing and validating disclosures. It links source data to reporting outputs and captures audit evidence for governance controls during the reporting cycle.
Which platform is best for multi-entity GAAP planning, forecasting, and scenario work that links to reporting?
Vena uses connected data models and guided workflows to run budgeting, forecasting, and scenario planning with structured approvals. Teams can transform spreadsheet-heavy inputs into repeatable planning and reporting runs with governance over planning changes.
Which enterprise tool handles GAAP consolidation plus account and currency translation with auditable adjustments?
Tagetik supports multi-entity consolidation with account and currency translation and rules-based close activities. Its audit-friendly controls track adjustments and approvals across complex organizational structures.
Which GAAP software suits organizations that need managed delivery that ties controls and analytics to reporting?
Deloitte One combines configurable reporting and governance workflows with Deloitte-led implementation. It emphasizes risk and control alignment and structured workstreams that connect analytics and controls to GAAP-oriented documentation.
Which tool standardizes recurring GAAP reporting outputs with controlled templates and approval trails?
insightsoftware packages finance reporting and analytics into workflows that connect data preparation to statutory outputs. It uses controlled, template-driven statement generation and structured templates to standardize recurring GAAP reporting with traceable approvals.
Which GAAP-related platform is more about accounts payable workflows than financial statement reporting?
Corcentric is designed around procure-to-pay and accounts payable automation rather than direct GAAP disclosure generation. It provides invoice exception handling and supplier lifecycle workflows that route mismatches through predefined processes with audit-ready trails for AP compliance and approvals.
What common implementation starting point works across most GAAP software categories in the list?
Workiva, Corporater, FloQast, and insightsoftware all support starting with a defined workflow such as close tasks, disclosure drafts, or policy approvals. Teams can map where GAAP inputs originate, then configure review cycles so each adjustment or disclosure output has an attached evidence trail.
Conclusion
After evaluating 9 finance financial services, Workiva stands out as our overall top pick — it scored highest across our combined criteria of features, ease of use, and value, which is why it sits at #1 in the rankings above.
Use the comparison table and detailed reviews above to validate the fit against your own requirements before committing to a tool.
Tools reviewed
Referenced in the comparison table and product reviews above.
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