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Performance Friction Corporation: Manufacturing Turnaround

Industry: Precision Manufacturing

Location: Clover, SC

Duration: 8 months

The Challenge

Family-owned brake manufacturer needed immediate financial leadership during a critical European merger integration across multiple facilities.

Our Solution

Directed accounting operations across two locations with 10-person team
Led European merger integration (Spain, UK, South America)
Implemented multi-currency consolidated financial reporting
Harmonized month-end processes across all divisions

Our Process

Week 1-2: Financial Audit & Documentation Conducted full financial review, documented existing workflows, identified control gaps in AR/AP processes and inventory reconciliation.

Month 2-3: Systems Integration Consolidated reporting from QuickBooks (US) and Sage (UK/Spain). Built currency translation protocols for GBP, EUR, USD using monthly average rates.

Month 4-6: Process Standardization Implemented 15-day close calendar across all locations. Created standardized GL account structure, established intercompany elimination procedures.

Month 7-8: Team Training & Transition Trained 10-person team on new close procedures, documented SOPs, established KPIs for ongoing performance monitoring.

Results Delivered

✓ Reduced month-end close time by 40%

✓ Enhanced reporting accuracy through process improvements

✓ Successfully integrated international operations

✓ Provided consolidated P&L visibility to executive leadership

✓ Preserved family business legacy during critical transition

Comanche delivers executive-level CFO services and complete accounting operations for businesses with $1M-$50M in revenue. One team replaces your entire finance department—strategy, execution, and compliance included.