The same CFO pain, at group scale: for group clients, intercompany is a recurring headache, reconciled manually in a spreadsheet every month — two hours, and it’s always wrong the first time. Includes franchise networks, where each franchisee is its own entity, its own ABN, its own ledger — a business structure, not an industry vertical.
One distribution fact worth knowing: for the share of this company profile with external investors on the board — common at $5M–$50M, particularly PE- or VC-backed — those investor-directors typically sit on several portfolio boards at once. One who sees this work well at one portfolio company has a direct reason to recommend it to the CFOs of four or five others they also oversee.
Connect your Xero account and see what it finds on your actual last close, not a demo.