Panicking a little if I am being real. Banker wants ASC 606 compliance with two prior years restated and our team has zero framework for allocating transaction price across performance obligations. Has anyone resolved this mid-raise without losing the deal?
Three locations and revenue per site is about all we track. Collections cycle monitoring, payer contract performance, provider productivity reporting, none of it is structured in any useful way. What does this look like when it is genuinely done well?
Job costing is inconsistent, cash flow visibility across projects is limited, and every time a bank or bonding company asks for detailed reporting we piece something together that works but does not reflect how sophisticated the business actually is. I want to build something proper that scales with where we are headed rather than patching what we have. Anyone go through this?