RADAR: Reporting, Accounting, Data & Analytics Roadmap for financial onboarding
RADAR for financial onboarding at PE speed.
Newly-acquired portfolio companies aren’t perfect from the get-go. There are often gaps in the finance function: disparate data, unclear reporting, weak capabilities, unhappy post-investment surprises, lack of CFO/sponsor alignment on the value creation plan, and more.
Accordion’s RADAR (Reporting, Accounting, Data & Analytics Roadmap) is here to guide you toward effective financial onboarding that matches the speed and rigor of private equity. Becoming a trusted partner to your portfolio company’s management team, we’ll bring in cross-functional experts in the first 100 days to optimize your reporting, accounting, and data & analytics functions for better sponsor/portfolio company alignment and improved decision-making.
Guiding finance function onboarding through a value creation lens
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FP&A, Reporting, & Analytics
Your pain: Murky reporting metrics that prevent accurate performance visibility.
How RADAR helps: Defined & granular metrics that drive real-time insights into business performance, increase sponsor/portfolio company alignment, and track progress toward strategic iniatives for informed business decision-making.
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Accounting & Transaction Processing
Your pain: Lengthy close process & ineffective GAAP reporting.
How RADAR helps: Close process deep-dive to assess key issues & implement quick-win accounting improvements—allowing for a rapid close process that meets sponsor & lender requirements.
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Data & Technology
Your pain: Lackluster data environment with outdated systems—limiting meaningful analytics
How RADAR helps: A data & analytics diagnostic that breaks down issues stemming from antiquated data systems (like Excel) and outlines quick-win opportunities for automation to drive growth and enable rapid acquisition integration.
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People & Organization
Your pain: Unclear understanding of finance team capabilities and high-cost function.
How RADAR helps: Quick yet comprehensive assessment of finance team capabilities and interim leadership onboarding support (if necessary) to lay the foundation for a scalable organization.
Featured Case Studies
Key Deliverables
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Creation of critical reporting including monthly reporting package, weekly flash, and 13-week cash flow
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GAAP conversion, monthly close process acceleration & accounting quick wins
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Tech stack and data/BI architecture future state design
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Finance team and organizational insights
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Development of overarching finance function roadmap that strengthens people, processes, and technology capabilities