Within three weeks, we assembled a specialized team consisting of a CFO, controller, and data analyst/accountant. Our team quickly assumed financial responsibilities and trained with the Crux team before the controller’s departure, ensuring a seamless transition and alignment of knowledge and procedures.

We took over expense management, P&L analysis, and cash flow oversight. This enabled Crux to make well-informed financial decisions backed by expert guidance. We also improved the invoicing process by integrating it into accounting software, establishing automatic monthly invoices, and providing clearer visibility into project costs. This integration enhanced cost transparency for additional projects, preventing financial losses and improving insights into key performance indicators (KPIs).

To streamline approvals and improve financial control, we introduced Bill.com for managing vendors and integrated Jirav, an all-in-one forecasting, budgeting, reporting, and dashboarding solution, into Crux’s financial workflow. This integration consolidated data, reduced manual entry, and improved the accuracy of financial forecasts.

Regular check-in calls were scheduled to ensure ongoing communication and collaboration, which enhanced transparency and fostered a strong working relationship for efficient issue resolution.