Post by Vanreusel Ventures
816 followers
SCALING COMPASSION: Rebuilding Financial Operations @BytheBayHealth How does a $100M+ nonprofit maintain its mission-driven heart while doubling down on operational scale? After completing two back-to-back acquisitions in early 2024, By the Bay Health reached a critical inflection point. Rapid expansion brought new complexities, requiring a shift from "growing" to "scalable" financial infrastructure. We stepped in as interim CFO to guide this transition, focusing on four key pillars of stability: Leadership & Continuity: Refined the finance team structure and supported the search and onboarding of a permanent CFO. Systems Optimization: Tuned their NetSuite environment and implemented new AP tools to cut manual work and tighten controls. Reporting Precision: Established a consistent monthly close cadence, moving all reporting into NetSuite for real-time, reliable insights. Audit & Payroll Readiness: Partnered with a specialized national audit firm and streamlined payroll for better accuracy and HR coordination. The Result? By the end of our engagement, By the Bay Health was equipped with: ✅ System-driven reporting and a structured close process. ✅ Enhanced audit readiness and data-driven board reporting. ✅ Streamlined payroll operations with significantly improved accuracy. ✅ A fully onboarded CFO ready to lead the organization’s next chapter. We are honored to have provided the foundation for By the Bay Health to operate with confidence, ensuring they can continue delivering high-quality, compassionate care to their community. #NonProfitHealthcare #InterimLeadership #FinancialTransformation #CaseStudy #HealthcareOperations