Interim support required to launch aerospace co.’s post-merger integration plan​

Picture this...

You’re an aerospace parts manufacturing company comprised of a roll-up of seven different companies. You need to consolidate and integrate eight specialized manufacturing facilities that are currently managed via five ERP systems. But your third CFO in two years has exited, your acquired entity accounting staff is resigning, and it’s left to the remaining staff to handle the integration. What’s more, you’re unable to obtain critical supplies, you’re facing significant price increase, and the BOMs and routers on the acquired parts are often non-existent. You’re not sure how to navigate all this. ​

You turn to Accordion.

You bring us in as interim CFO. We:​

• Create a shared service function for finance/accounting, human resources, and IT and cross train staff across entities. ​
• Implement OneStream for consolidation and budgeting, transition three companies off legacy platforms to ERP, create a single chart of accounts and new reporting packages, and develop a database for management of addbacks. ​
• Enter discussions with lender groups to consolidate and reduce interest costs on ~$600M in debt.

Your value is enhanced.

You’re able to stabilize your finance function, reduce your employee turnover, and increase productivity through: ​

• A new, consolidated shared service finance function which reduces costs, improves service, and minimizes operational risk.​
• A OneStream implementation that speeds consolidation, reduces errors, and provides useable and reliable data for analytics and management decision-making. ​
• A new consolidated/integrated benefits platform that provides improved benefits at a reduced cost, helping mitigate employee churn.