A commercial finance company engaged CFO Systems to operate as both timeshare CFO and timeshare Controller. In a three-year period, CFO Systems quintupled the company’s assets from $20 million to $100 million. We also assisted the company in attracting more than $600 million in debt capital and more than $25 million in non-senior capital.
In addition, CFO Systems implemented routine financial reporting and analysis. We also designed and implemented a robust monthly forecasting model. By implementing these changes and working closely with the staff, we were able to shorten the audit time from more than four months to less than seven weeks.