The challenge
The CFO left during a funding round. Monthly closing took 27 days, and the board was making decisions on numbers that were a month old.
What we did
Our partner took over as interim CFO in week two, rebuilt the closing calendar, introduced a weekly cash view and ran the search for a permanent successor.
Days to close the booksper month
6 days
27
22
15
10
8
6
The result
Closing time fell from 27 to 6 days. The funding round closed on schedule, and the new CFO started with a function that already worked.
“He ran the finance team like he had been there for years, and left exactly when he said he would.”
Sven Ott
CEO, Brightline
