Harness collective intelligence
The Profitable Company That Couldn’t Make Payroll
CFO insights from FRAKXION’s bench: The Profitable Company That Couldn’t Make Payroll.
“A $70 million company called me during their annual summer panic – ‘Will we make payroll next month?’ They were profitable and growing, but finance built forecasts from historical patterns while operations knew exactly when massive inventory purchases from Asia would drain the accounts. Two smart teams, same building, completely different information.”
The solution: Developing tight collaboration between operations and finance can eliminate years of cash flow anxiety.