Case Study

Interim CFO for a $65M Specialty Transportation Company

"SLKone provided an interim CFO to drive strategic and operational execution and help define metrics that will support the operations of the business and drive bottom line profitability."

Industry
Services Performed

Situation

  • Private Equity-backed portfolio company had tripled in size within three years. The organization experienced massive growth and was not prepared to handle the increased capacity
  • Current CFO was not fully engaged in the business and was not a part of the long-term vision
  • Immediate interim replacement was needed as the search for a permanent CFO commenced

Bespoke Solutions

  • SLKone deployed an interim CFO in an effort to stabilize the finance function
  • Facilitated business process improvements, focused on what was working and what was missing
  • Built private equity reporting package, connecting operational KPIs to financial performance
  • Engaged in vendor negotiations for future growth
  • Identified process weakness and developed preventative controls

Leading With Results

  • Retained interim CFO status for over nine months due to his high performance and value added
  • Managed $65M+ budget for the entire operations comprised of over 100 fleet vehicles
  • Developed roadmap for data-rich environment, fueled by operational KPIs that link to financial results
  • Shortened the close cycle by over two weeks
  • Onboarded and trained new FTEs
  • Improved fleet analytics and optimizations of assets
Case studies and expertise may represent projects and engagements performed by SLKone team members prior to their employment at SLKone