CFOx provided post-close transition and integration for a newly acquired PE-backed Revenue Cycle Management entity. Given the speed of the transaction, the company required immediate structure, financial visibility, and defined processes to operate effectively post-close.
Following close, CFOx worked closely with management to implement a scalable finance function. Key activities included:
- Evaluating current accounting policies, procedures, and operations
- Assessing and refining the Chart of Accounts
- Streamlining invoicing processes and identifying automation opportunities
- Reconciling accounts receivable and improving cash collection visibility
CFOx also coordinated the preparation of the Opening Balance Sheet and implemented standardized accounting procedures to support accurate and timely reporting.
CFOx led the development of finance processes, including:
- Establishing a formal month-end close process and checklist
- Developing a monthly financial reporting package for management and investors
- Implementing budgeting, forecasting, and a 13-week cash flow model
In parallel, CFOx supported post-close integrations, creating a post-close integration roadmap, and evaluated process enhancements allowing for integration of additional add-ons using various platforms.
CFOx continued to work alongside management to support the post-close transition and providing interim finance leadership as requested.
If you would like to learn more about our CFO Services, please reach out via email (info@cfoxadvisory.com) or schedule a call directly on our Contact Us page.
Services Provided:
- Accounting Processes and Procedures
- Interim Staffing
- Financial Reporting and Analysis
- System Implementation
