case study
Interim support for diverse finance-related tasks
industry
Real Estate
Services
Startups
Scope
Interim Financial Support: Preparatory Accounting, Reporting, and Process Optimization
Challenge
Staffing shortages coupled with pressure to deliver results.
Staffing shortages and the need for quick results were at odds with one another. Many processes were handled manually, which hindered the finance department's scalability. The monthly closing process was time-consuming.
Solution
Automation, faster closings, and better reporting.
Automation of accounts receivable and budget management using Moss; optimization of the monthly closing process; improvement of the reporting infrastructure
Impact
Established a scalable finance function.
Ongoing reporting requirements are reliably met. Process efficiency has been improved, and a scalable finance function has been established.
Nikola Mikac
COO
“With the support of torq.partners, we were able to streamline many of our financial processes and successfully establish our finance function.”
Nikola Mikac
COO
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Florian Blaschke
Managing Partner
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