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Cherry Bekaert Unveils Innovative Finance Modernization Solution

Raleigh, N.C. – May 28, 2025 – Cherry Bekaert has announced the launch of its latest offering, the Finance Modernization solution, aimed explicitly at providing middle-market businesses and their CFOs with a comprehensive framework that supports financial growth and operational efficiency. This solution represents an important addition to the firm's well-established range of accounting and advisory services, critically needed as organizations face increasingly complex business environments.

Tailor-Made Solutions for CFOs

As businesses expand, many find themselves bogged down by outdated systems and cumbersome financial processes that impede growth. Recognizing the challenges that mid-market CFOs struggle with daily, Cherry Bekaert created this solution to simplify operations through a people-first approach, prioritizing the unique needs of finance departments. The Finance Modernization solution focuses on helping organizations implement effective strategies tailored to fit their specific requirements.

Roy Nicholson, a Business Optimization Partner at Cherry Bekaert Advisory LLC, emphasizes, "Our approach is about more than just integrating the latest technologies; it's about empowering finance teams to work more effectively, drive business innovation, and fundamentally reshape how they operate. By focusing on people, operations, and growth, we guide businesses toward strategic modernization."

Comprehensive Roadmap for Transformation

Central to this solution is a carefully crafted roadmap that identifies quick wins—outcomes that can be achieved rapidly to boost operational effectiveness. It also delineates steps that organizations can take over the first 30, 60, and 90 days to drive tangible return on investment (ROI) and create long-term improvements. This roadmap serves to reveal potential process efficiencies leading to faster financial cycles, enhanced cash flow management, and more accurate business forecasts, crucial for informed decision making.

Highlighting the advantages of the new service, Nicholson added that CFOs can expect to see significant enhancements in operational efficiency, which, ultimately, can empower them to better allocate their resources toward growth and innovation rather than being mired in outdated processes. The result is a highly adaptable framework that not only addresses immediate concerns but also sets the stage for future advancements in the organization.

Addressing Talent Shortages

Additionally, the Finance Modernization solution aims to tackle the talent gaps that many businesses face today. With many organizations struggling to find qualified personnel who can effectively manage the complexities of modern finance, Cherry Bekaert offers supplemental systems, processes, and even outsourced solutions paired with training to enable finance teams to remain competitive.

Unlike typical technology-driven modernization projects, Cherry Bekaert's approach ensures that transformations resonate with the team members tasked with implementing them. The firm has put significant emphasis on collaboration—its experts work closely with finance staff to ensure sustainable implementation and adjustment of modern financial systems, minimizing the risks often associated with such endeavors.

A Broader Strategy to Propel Growth

Cherry Bekaert's Finance Modernization service seamlessly integrates with their existing portfolio, which spans various industries, including technology, manufacturing, healthcare, and more. By merging accounting practices with innovative technology, the firm provides a unique model for firms seeking to thrive amid the shifting economic landscape. Looking toward the future, enhancements in the service will continue to align with client needs, which may include advanced automation and industry-specific solutions.

In conclusion, Cherry Bekaert's Finance Modernization solution represents a forward-thinking approach tailored for mid-market businesses, offering solid financial foundations that enable CFOs and their teams to lead confidently into the future.

For more information on Cherry Bekaert’s Finance Modernization services, please visit www.cbh.com.

About Cherry Bekaert

Cherry Bekaert is recognized as one of the leading assurance, tax, and advisory firms in the U.S., serving a vast range of clients across multiple industries both domestically and internationally. Operating under the brand name Cherry Bekaert, the firm provides a comprehensive suite of services designed to meet the multifaceted needs of today’s dynamic business environment.