industry
Healthcare & Life Sciences

Healthcare co. needs to get fit before going public

Key metrics:
  • Comprehensive transformation and value creation program​​​​​​​​​​​​​​​
Value levers pulled:
  • Digital transformation
  • Project management oversight
  • Finance process automation and ERP execution
  • Technical accounting advisory
  • Controller support and FSCP
  • FP&A support​​​​​

Picture this...

You’re a leading healthcare and financial tech company with $1.5 B in revenue. You’re in the process of executing a multi-year transformation and value creation program ahead of a potential public market listing. You need to standardize processes, implement scalable platforms, integrate acquisitions, adopt technical accounting guidance, and professionalize the F&A organization.

You turn to Accordion.

We help you enhance your capabilities across multiple fronts, including:

  • Digital Transformation (PMO, ERP Execution, Automation and Integration): Enabling growth objectives by replacing legacy systems with one scalable, integrated and contemporary system:
    • Leading The enterprise-wide Workday FIN Implementation, then leading 3 acquisition integrations into Workday.
    • Leading FIN and HCM workstreams pertaining to the stand-up of a service center in India.
  • Technical Accounting Advisory: Proposing accounting and financial reporting (US GAAP and SEC) treatment for complex transactions, drafting white papers, and calculating/proposing journal entries with audit support.
    • Managing the OBS and PPA for 3 acquisitions, partnering with the F&A team to prepare an accrual basis opening balance sheet.
    • Implementing the new lease accounting guidance and automating the entire lease accounting process.
  • Accounting and FP&A Interim Support: Providing interim support for the continued professionalization of F&A function.
    • Supporting month-end close, ad-hoc projects, and operational accounting functions.
    • Managing the final configuration of Blackline for BU Adoption, creating the 2023 budget, building the month-end close package, augmenting the company’s weekly bookings reporting and updating forecasts.
  • Value Creation Plan: developing, deploying, and transitioning a set of tools for VCP tracking, and ROI modeling

Your value is enhanced.

You can now execute a comprehensive transformation program that will help you drive meaningful value creation. You are also better prepared to immediately integrate near-term acquisitions to meet synergy targets.

Enhanced value:

You reap multiple benefits, including:

  • Comprehensive transformation and value creation program