Many early-stage and maturing companies do not spend enough time on process optimization, focusing instead on rapid growth and expansion. At some point these companies realize that it is essential to make sure appropriate controls are in place, and processes have kept up with modern standards. Most business systems have a life cycle of ten to twelve years, at the end of which they require re-evaluation along with the business processes to ensure they are competitive and meet the needs of the business.\u00a0<\/span><\/p>With the impending IPO, the CFO realized that faster growth fueled by additional capital, combined with the increased oversight, reporting, and accountability that goes along with being a public company, meant that it was time to make sure processes were efficient and world-class.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t