industry
Healthcare & Life Sciences

Financial advisory and support for a veterinary care rollup​

Key metrics:
  • Full training of finance team
  • Handover of all best practices and models with detailed user guides ​​
Value levers pulled:
  • Development of monthly financial model
  • 13-week cash flow forecasting/ improved liquidity tracking

Picture this...

You’re a $200M sponsor-owned veterinary rollup with more than 100 locations nationwide, growing by 5-10 locations per quarter through M&A and organic expansion. You have a new head of FPA, as well as a new CFO, and you’re looking for assistance in building a three-statement operating model and weekly cash flow model. ​

You turn to Accordion.

We jump right in and develop the three-statement operating model while partnering with your head of FPA to validate assumptions and the model structure. Key model features include:

  • Full integration across income statement, cash flow, and balance sheet.
  • Bottoms-up P&L built out by location.
  • Revenue-driven format by operating KPIs and modeled by location.
  • Ability to seamlessly add new locations through M&A/organic expansion.
  • Dynamic working capital and financing inputs/assumptions.
  • Detailed written assumptions and user guide on update process and modeling methodology.

Additionally, we work with the controller to identify the most efficient weekly actuals reporting process and develop a 13-week cash flow forecast model, which has:

  • A tab of assumptions originating from the operating model that drove much of the cash flow model.
  • 95%+ of weekly transactions pre-mapped for actuals reporting.
  • Actuals reporting covering 149 bank accounts and ~3,500 transactions per week, requiring only several hours per week of bank transaction uploads.
  • Actuals and forecast reporting available on a consolidated and bifurcated basis (corporate vs. hospital).

Your value is enhanced.

You now have a successful three-statement operating model and weekly cash flow model. Additionally, your finance team is fully trained, and the models are transitioned with detailed user guides for your company’s long-term use.

Enhanced value:

You reap multiple benefits, including:

  • Full training of finance team
  • Handover of all best practices and models with detailed user guides ​​​