Improved Process. Future Success. - A Case Study of FIRST

Client Profile

Industry: Technology
Annual Revenue: $30 Million
Entity Type: Private
Geographic Footprint: United States


Software as a ServiceCompany lacked sophisticated finance infrastructure and financial leadership

A $30M SaaS provider was experiencing turnover with its management team, including a departing CFO, and inadequate finance and accounting department personnel. In addition to the lack of financial leadership, the Company was facing an incomplete system migration with significant challenges. As a result, the Company's back-office infrastructure, including its systems, processes, controls, and reporting was inefficiently operating.
CBIZ CMF was engaged to enhance the finance/accounting infrastructure, including:

  • Navigating and completing the audit process
  • Leading the finance and accounting function as interim CFO
  • Assessing key challenges for the finance and accounting department


CBIZ CMF provided experienced, on-the-ground leadership to serve as interim CFO

CBIZ CMF's support included the following projects and deliverables:

  • Completed a detailed, current state assessment of the accounting and finance infrastructure, including key operational areas
  • Assessed the accounting and finance personnel to identify gaps and weaknesses, and provide recommendations for improvement
  • Provided recommendations for enhancing communications, including systematizing communications between sales, operations, accounting and finance


CBIZ CMF enhanced the finance and accounting infrastructure for future growth and success

CBIZ CMF successfully developed an overall roadmap allowing the Company to:

  • Remediate their failed system implementation
  • Fix the weaknesses in accounting and finance
  • Strengthen communication within the organization
  • Build a robust FP&A team
  • Completed a successful audit

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CBIZ MHM is the brand name for CBIZ MHM, LLC, a national professional services company providing tax, financial advisory and consulting services to individuals, tax-exempt organizations and a wide range of publicly-traded and privately-held companies. CBIZ MHM, LLC is a fully owned subsidiary of CBIZ, Inc. (NYSE: CBZ).

Improved Process. Future Success. - A Case Study of FIRSTCBIZ CMF enhanced the finance and accounting infrastructure of this SaaS company for future growth and success....2016-11-21T16:31:00-05:00

CBIZ CMF enhanced the finance and accounting infrastructure of this SaaS company for future growth and success.

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