At a small $25M company, chaotic accounting processes with aged receivables, unmatched bank recs, intercompany spaghetti, and lack of controls create a critical operational mess.

Workarounds Described

• outsourced group overseeing accounting with no real controls
• VP and director instructing controller to bypass CEO on issues
• bank recs not tied to bank accounts

Implied Software Gaps

• Automated accounting oversight with real-time reconciliation and control monitoring
• Role-based access and escalation rules to prevent unauthorized communication bypass
• Integrated tax notice management and compliance calendar

ControlHive Controller

ControlHive Controller is an automated accounting oversight platform for small company controllers. It reconciles bank accounts in real-time, flags aged receivables, and monitors intercompany transactions. Unlike outsourced groups with no oversight, ControlHive provides a single dashboard of control health.

Existing Solutions Mentioned