Why do private equity portcos struggle with their finance & accounting function?

Updated: March 19, 2021

Everything changes.
We’ve changed the way we taxi.
We’ve changed the way we get our groceries.
We’ve even changed the way we watch TV.
So, why are we still trying to fix accounting and finance the same way we were 30 years ago?

You’ve experienced this time and time again. The accounting and finance functions of the portfolio companies you acquire or manage are almost always broken.

Whether it’s the wrong systems, wrong personnel, turnover, or they aren’t staffed up to scale, it’s always a headache trying to right the ship when so many things aren’t being done correctly.

And to make matters worse, it’s nearly impossible to diagnose what’s wrong when you’re receiving inaccurate or untimely data or financials.

So, where does that leave you? This video shows you a new school approach to fixing the finance & accounting function.

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Keep your existing technology and processes. We can manage the back-office F&A function from end-to-end process, including closing the books. When you need skilled talent, we can supplement your F&A team.

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New PE Platform Investment F&A Challenges

Founder Owned Company Accounting:
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  • Run on SMB accounting software and other disparate applications
  • Inability to produce auditable financials
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Carve-Out Accounting:
  • Required to move off parent company accounting applications in a timely fashion
  • Have to build an entire F&A team
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To Optimized Finance & Accounting:
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