SaaS & Technology · United Kingdom
Cut monthly close from 21 to 7 days ahead of Series B raise
Rebuilt the finance stack, tightened revenue recognition and delivered board-ready reporting for a fast-growing SaaS business.
Outsourced CFOBookkeepingTax Services
Monthly close time
21d → 7d
Reporting cadence
Quarterly → Monthly
Series B raised
$12M
The challenge
Founders were closing books manually in spreadsheets, MRR was reconciled quarterly, and investors were asking for audit-ready reporting ahead of a Series B round.
Our approach
- Migrated to a cloud accounting + billing stack with automated bank feeds
- Implemented ASC 606 / IFRS 15 aligned revenue recognition on every contract
- Set up monthly MRR/ARR, churn and burn dashboards for the board pack
- Introduced a fractional CFO cadence with 3-statement forecasting
“NovaLedge became our finance function overnight. The board saw the difference on day one.”
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