Company Size & Timeframe

  • 5 days/week, 5 months


  • Fixed balance sheet issues and finished purchase accounting within first month
  • Reduced past due receivables from over 50% to less than 10% in two months
  • Shortened monthly close cycle from 7 days to less than 5.5 days
  • Reduced staff by one person
  • Improved reporting to require only one submission to global finance

Company Profile & Position

  • Mid-market
  • Interim CFO
Results services
Results services


  • Prior CFO was removed under difficult circumstances
  • Inadequate cash flow for growth
  • Unreliable reporting
  • Weak financial management, unable to pay vendors
  • Department was not meeting financial deadlines
  • Lack of communication with rest of the organization


  • Established credibility with global finance organization
  • Collected receivables from past due customers
  • Set regular meetings with finance staff and global team
  • Developed standards that defined finance processes
  • Improved closing cycle by more than 20%

See what Cerius can do for you.

Cerius Insights – Customer Quote


Profit and peace best sum up the role of a CFO.