Due to a lack of internal resources, the managing director handled the accounts receivable duties. During the project, the accounts payable position also had to be filled. Due to a lack of automation and internal resources, there was no preparatory bookkeeping. In general, an internal finance team had to be established.‍

Identification of existing billing, collections, and communication processes and structures, which will be directly overseen by the CEO; optimization of the monthly closing process through automation that minimizes manual effort and speeds up the process; training of new employees to fill the necessary positions, including the establishment of an internal finance team; development of documentation for the new employees

By taking over financial responsibilities, the CEO was freed up to focus on strategic issues. Accounts receivable and accounts payable were streamlined, and the process from order placement to receipt of payment was significantly accelerated.