You turn to Accordion.
We step in as financial advisors and subsequently engage as CFO to help you address key operational and liquidity issues. We assess business performance, unit-level financials, as well as plant production metrics and budgets. Additionally, we develop a 13-week cash flow model to identify liquidity constraints related to production issues. To optimize your business and finances, we:
- Support weekly reporting and re-forecasting of cash flows and develop scenarios to show operating performance and credit statistics under various economic and capital structures.
- Manage the budgeting process for the coming fiscal years, assist management in securing additional capital and the extension of the current credit facility, and support the optimization of the finance team as a whole.
- Review the current production metrics and forecasts to fully understand the financial and operational impact of the relocation of the manufacturing facility. We also establish a direct cash flow model to manage the liquidity on a weekly basis during the period of production ramp-up and support management in negotiations with stakeholders for capital requirements.
In addition, we take on several other projects including analyzing balance-sheet liabilities, off-balance-sheet liabilities, and cash implications/requirements, as well as managing the budgeting process for the AOP for FY24 in support of lender requirements for extension of the current credit facility. We also provide scenario and ad-hoc analyses for the sponsor in support of negotiations for an additional capital infusion and support your accounting and AR teams in cleaning up the balance sheet while offering insight into customer trends and cash collection forecasts.
Your value is enhanced.
Your company successfully navigates the impacts of production interruptions related to the relocation of one of your manufacturing facilities. You also avoid an in-court restructuring while having improved financial stability and enhanced liquidity to support continued operations.