Turning Draft Financials into a Source of Truth
Financial Reconciliation & Reporting Infrastructure · IT Services
Client profile
Regional IT Services Firm
The context — Growth outpacing the books
A fast-growing IT services firm had scaled faster than its finance function. The books existed, but as a set of draft, partially reconciled financials that no one fully trusted — inconsistent categorization, gaps between the bank and the ledger, and margins that couldn't be confidently quoted.
Leadership needed clean, reliable numbers: to understand true profitability by service line, to plan hiring, and to be credible in front of lenders and partners.
What we did — Cleaning the foundation, then building on it
Reconciliation & cleanup
We reconciled the draft financials against bank and source records, resolved discrepancies, and rebuilt a clean, consistent chart of accounts.
Margin by service line
We restructured reporting so the firm could see profitability by service line, separating high-margin work from break-even activity.
A repeatable monthly process
We established a monthly close and reporting routine so the books stay current and reliable as the business keeps growing.
Decision- and financing-ready reporting
We packaged the results into clear statements suitable for internal decisions and for conversations with lenders and partners.
The outcome — From guesswork to a source of truth
The firm replaced uncertain draft figures with financials it can stand behind.
Reconciled, trusted books
Financials now tie to source records, giving leadership numbers they can rely on.
Visibility into profitability
Margin is clear by service line, informing pricing and where to invest.
Credibility with capital partners
Clean reporting supports financing and partnership conversations with confidence.
“We went from arguing about whether the numbers were right to actually using them to run the business.”