Finance Process Optimization

At your core, you already know it: those inefficient, slow, or broken finance processes don’t exactly align with your sponsor’s deal thesis. Optimizing your finance processes is a business problem, and it requires taking a hard look at your holistic process, people, and technology landscape to drive efficiency and create value.

Our experts look at your end-to-end business processes (Order/Quote-to-Cash, Procure/Source-to-Pay, and Record-to-Report), and develop a long-term, tech-enabled roadmap to reach your future-state finance function. Whatever your business needs, our experts are masters in operational efficiency—from embedding best practices into existing processes to leading greenfield implementations (and beyond). Let's partner to drive cost takeout, capture revenue synergies, improve working capital, and create sustainable value to help you scale and increase your multiple at exit.

PAIN POINT

Improperly sized finance and accounting organizations with ill-defined roles/responsibilities that's spending too much time closing the books and not enough time analyzing the business.

What Accordion brings:

Make your close more efficient.

Streamline the close process through effective policy enforcement, calendar management, and leveraging enabling technology.

Enhance visibility through process improvements.

Improve end to end process like lead to cash and establish leading indicators for improved visibility.

Utilize technology to grow capabilities.

Utilize technology/generative AI to improve capabilities and outputs.

Use best practices to inform your organizational design.

Implement leading practices and shared services to reduce headcount.

Focus team on strategic priorities.

Redeploy resources away from manual repetitive tasks to more value-add roles.

PAIN POINT

Poor data quality and inaccurate reports due to inconsistent ways of working, multiple businesses with their own F&A team, or disparate systems.

What Accordion brings:

Fix technology architecture.

Standardize a model for delivering F&A services on a unified technology architecture.

Align stakeholder reporting expectations.

Ensure KPI and reporting alignment between sponsor and CFO.

Consolidate data.

Create a single source of truth to consolidate data from disparate systems.

Improve your close.

Automate the close process to ensure decision-makers receive timely and relevant information.

PAIN POINT

Lack of confidence in financial results due to heavy Excel use, insufficient controls and technology, or leading technology that’s not being used effectively.

What Accordion brings:

Standardize processes.

Deploy standardized processes across the organization to realize integration synergies and consolidate back-office functions.

Use technology to its full capabilities.

Redesign processes to ensure the ROI of tech investment.

Tailor technology to your processes.

Align leading class processes with technology to drive efficiency and effectiveness.

Create bandwidth for strategic priorities.

Free up team member time through automation or elimination of manual work.

CLIENT STORY

Rehabilitating operating costs and process efficiency for a healthcare system

You’re a PE-backed leading operator of 130+ ambulatory surgery centers and 18 hospitals. Your rapid growth has made you outgrow your relatively immature processes and systems; each month, Accounts Payable manually processes 12,000 invoices and Accounting manually posts 4,000 entries supported by 5,000 reconciliations. You know this isn’t sustainable—especially because you’re anticipating even...

CLIENT STORY

Plumbing co. needs to clean its finance operating pipes

You’re a national HVAC, Plumbing and Electrical service and sales business executing on a rapid acquisition growth strategy that has resulted in distributed finance operations across 70+ locations. You’ve invested in building and deploying a centralized scheduling, order management, billing, and financial system, but you’re not seeing the efficiencies you expected.

We consistently create value for the world’s most sophisticated private equity firms and their portfolio companies.

We consistently create value for the world’s most sophisticated private equity firms and their portfolio companies.

Meet a few
of our experts.

Ian McCracken

Managing Director, Dallas Office Lead

Ian serves as Managing Director at Accordion and leads the Dallas office. He specializes in helping private-equity sponsored companies drive value creation initiatives with a goal of strengthening EBITDA, enhancing revenue, reducing expenses, and/or improving working capital, ultimately driving higher valuation. His experience includes a mix of consulting and industry where he has served in senior Finance, HR, and IT roles.

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Brian Sammut

Managing Director

Brian is a Managing Director with over two decades of experience spanning a variety of sectors including pharmaceuticals, manufacturing, and technology services. He focuses on transforming finance operations using digital solutions, operating model redesign, and process improvement.

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Lyle Varghese

Managing Director

Lyle is a Managing Director in the Finance Transformation Practice with over two decades of corporate finance experience. He brings deep expertise in the areas of global shared services (GBS), outsourcing, finance operating model redesigns, core finance process improvements (i.e. order to cash, procure to pay, and record to report), and technology driven improvements. Lyle prides himself on being a solution architect that focuses on...

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Simba Dutt-Mazumdar

Managing Director, Head of Operational and Technical Accounting

Simba is a Managing Director and Head of Accordion’s Operational and Technical Accounting practice with over two decades of advisory and industry experience assisting companies with navigating complex liquidity events including M&A transactions, IPOs, large scale transformations and ERP implementations. In parallel, he has assisted many founder- or family-owned businesses navigate the complexity of their first strategic...

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Jeremy Pawlak

Managing Director

Jeremy is a Managing Director who has cross-functional experience working with executive teams in the areas of finance, accounting, operations, and strategy. Jeremy is a CFA Charterholder and Certified Corporate FP&A Professional.

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Chris Stipe

Managing Director, Head of Chicago Office

Chris is a Managing Director with more than 15 years of experience transforming Finance organizations to create clear visibility and accountability for financial performance across the business. He specializes in planning, budgeting, forecasting, management reporting, product costing and finance process automation.

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Ready to get stuff done? Let’s talk.

We can tell you about us, but we want to hear about you. Tell us what's holding you back from building the future state of your organization.

Finance Process Optimization

Improperly sized finance and accounting organizations with ill-defined roles/responsibilities that's spending too much time closing the books and not enough time analyzing the business.

Poor data quality and inaccurate reports due to inconsistent ways of working, multiple businesses with their own F&A team, or disparate systems.

Lack of confidence in financial results due to heavy Excel use, insufficient controls and technology, or leading technology that’s not being used effectively.

Rehabilitating operating costs and process efficiency for a healthcare system

Plumbing co. needs to clean its finance operating pipes​

Meet a fewof our experts.

Ready to get stuff done? Let’s talk.

Plumbing co. needs to clean its finance operating pipes

Meet a few
of our experts.