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Financial management system overhaul

It-Jim is an R&D company specializing in Computer Vision, Conversational AI, and Generative AI. The team solves complex technological challenges for businesses worldwide.

Our team received the following request:
  • Conduct a professional audit of the current financial state and build management accounting (P&L, CF, BS);
  • Delegate financial management functions, so the CEO could focus on strategy and growth rather than operational spreadsheets;
  • Restructure management accounting and operational metrics to ensure transparency and compliance with reporting standards for benchmarking against industry peers (also preparing for potential M&A and due diligence);
  • Build internal expertise to reduce dependency on external consultants.

Solutions delivered:
  • Audited existing financial processes;
  • Restructured the management accounting framework, making it clear and systematic;
  • Helped transform an internal employee into a full-fledged financial manager: provided training, transferred methodology and tools, and supervised task execution;
  • Implemented regular reporting that gives the owner clear visibility into business performance without requiring micromanagement.

Results:
  • The owner successfully delegated operational financial management to a trained internal financial manager;
  • Improved understanding of reporting and confidence in the numbers: reporting became the “single source of truth” for decision-making;
  • Reporting is now structured and ready for comparison with benchmarks and other market players, providing an additional advantage in negotiations with strategic partners or potential investors;
  • Freed up CEO time to focus on strategic initiatives and business development.

“Financial information has been transformed into a clear, structured format. The value of working with fint8 is that I didn't just get a service — I got a partner. The main outcome for me is peace of mind and confidence. I can stay focused on my work without getting distracted by checking numbers, knowing that finances are under professional control and that a reliable system has been built within the company.”

Yevhen Horovyi, Founder & CEO, It-Jim.

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