Client context: Austin-based enterprise SaaS company following a $45M Series B funding round.
The situation
Rapid growth and international expansion increased the demands on a finance team built for a smaller business. The company needed more developed planning, board reporting and accounting processes while preparing for a future funding round.
The work
Nexteam initially supported the company with a senior finance professional with startup and enterprise experience. The team expanded to cover FP&A, systems implementation, revenue operations and technical accounting.
The work included:
- ERP implementation, revenue recognition, billing and reporting systems.
- Rolling forecasts, SaaS metrics, cohort analysis and customer economics.
- Month-end close, cash-flow forecasting, budgeting and board reporting.
The combination addressed both the recurring finance workload and the systems needed to support it.
The results
The case records a reduction in month-end close from 20 to 5 days, an 85% improvement in forecast accuracy, and automation of 80% of financial processes. The team also established SaaS metrics tracking and board reporting packages.
The public summary does not define the forecast-accuracy measure, process denominator or measurement period. These figures describe this engagement and are not a general forecast of what a new finance hire will achieve.
What this case illustrates
After a funding round, the brief should distinguish accounting operations, planning, revenue metrics and systems work. Combining these into one undefined role can obscure the expertise and review capacity actually needed.
Explore planning and reporting support →
Related reading: Building capability rather than simply adding headcount.
Client identity is confidential. This is an anonymised engagement summary; results are specific to the work described.