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Case Studies

Navigating Turnover and Challenges: How Ascent CFO Solutions Guided Reside Worldwide Through a Financial Rebuild

Navigating Turnover and Challenges: How Ascent CFO Solutions Guided Reside Worldwide Through a Financial Rebuild

CASE STUDY

Reside’s senior management team contacted Ascent CFO Solutions as they were preparing to make changes to their finance and accounting teams in 2023. Reside faced multiple complex challenges including:

  1. Leadership: The need for an Interim CFO to quickly assume leadership onsite in Reside’s Bellevue, WA offices.

  2. Operational Excellence: Leadership and execution for critical tasks such as board and investor reporting, bank reporting and partnering with Deloitte’s audit & tax consultants. 

  3. Talent Advisory: Interviewing and vetting permanent CFO replacement candidates as well as filling open headcount and backfills of recently departed employees.

How Ascent CFO Solutions Unified and Streamlined Emergenetics Global Financials

How Ascent CFO Solutions Unified and Streamlined Emergenetics Global Financials

CASE STUDY

Emergenetics came to Ascent CFO Solutions with 3 distinct challenges:

  1. Five QuickBooks instances for each of their global entities operating in 3 currencies; USD, Euro and SGD.

  2. A time-consuming expense management process.

  3. No way to visualize the right financial information for the right people at the right time.

Here are the solutions that helped streamline their financial operations.