Software-as-a-service co. needs help meeting hard accounting deadlines​

Picture this...

You’re a SaaS company that’s been recently acquired by a private equity fund, but your current finance and accounting functions are not equipped to meet your new investor’s reporting standards. You’re operating on a cash accounting basis, do not have a standard monthly close process, and lack document processes and policies for your finance and accounting function—hindering your ability to meet your sponsor’s deadlines and requirements. You need to elevate. ​

You turn to Accordion.

We partner with your team to transform your finance and accounting function to meet sponsor expectations, as well as best-in-class industry practices. We: ​

• Covert your financial reporting and financial statements from a cash-to-accrual basis in accordance with US GAAP.​
• Implement a monthly close process and develop tools to help you meet monthly investor/lender reporting deadlines.​
• Perform purchase accounting analysis in accordance with ASC 805-Business Combinations for your acquisition transaction and assess and implement ASC 606-Revenue Recognition, including preparation of transition journal entries and implementation of go-forward processes.​
• Assess and implement other technical accounting guidance, including ASC 350-Internal-Use Software and ASC 718-Stock-Based Compensation.​
• Assist you in hiring and onboarding a controller. ​

Your value is enhanced.

You now have a finance and accounting function that allows you to meet investor and lending requirements as well as best-in-class industry practices. With this strong foundation, you can now put your focus into pursuing more strategic business goals. ​

You tell us that we helped you push your finance and accounting function 12-18 months into the future—far ahead of your anticipated timeline.