Manufacturing

In brief, a manufacturing company faced a challenge when its CFO suddenly resigned, posing a threat to business continuity. The inexperienced finance team struggled to provide support and the recruitment of a replacement CFO was delayed. To address the situation, the client needed immediate stop-gap resourcing for finance leadership, along with improvements and documentation of finance processes. They also sought business continuity and strategic support.

We swiftly executed an interim CFO framework tailored to the client’s requirements. They quickly familiarized themselves with the business and its stakeholders, offering financial forecasting, planning, and diagnostic assistance. As a result, the business not only maintained continuity but also experienced improved growth and profitability. Clearer processes were implemented throughout the organization, leading to more efficient operations.

A manufacturing client faced a challenge when their CFO suddenly resigned, threatening business continuity. The inexperienced finance team struggled to provide adequate support, and the recruitment of a replacement CFO was taking a long time. The client needed immediate stop-gap resourcing for finance leadership, as well as improvements and documentation of finance processes. They also sought business continuity and strategic support for the leadership and board.

The approachWe took involved crafting and executing a quick intervention interim CFO framework specifically tailored to the client’s needs. They swiftly familiarized themselves with the business stakeholders and issues and provided support through financial forecasting, planning, and diagnostics.

The results were highly successful. The business not only avoided discontinuity but also experienced improved growth and profitability momentum. Additionally, clearer processes were developed and implemented throughout the organization.