What we have written.
Vendor Offboarding: The Forgotten Control
Vendor offboarding is one of the most under-audited controls in third-party risk management. An internal audit perspective on why it fails — and how to fix it.
IPO-ready, not just IPO-interested
Most companies that fail the IPO process don't fail at listing. They fail 18 months before it — when the diagnostic would have shown a fixable gap.
When your business needs a Virtual CFO
The moment you need a CFO is almost always before you think you do. Here's a practical framework for knowing when.
The case for disciplined finance leadership.
“Companies with disciplined financial reporting grow revenue 2.3× faster than peers.”
Finance function maturity — covering MIS, controls and forecasting — is the single most predictive factor in whether a mid-market company successfully completes a fundraise or listing.
“38% of SME IPO filings required material restatement before DRHP approval.”
The leading cause: financial statements not prepared to Ind AS standards, with inadequate disclosure of related-party transactions and revenue recognition policies.
“Access to structured debt reduces MSME financing costs by 180–220 bps on average.”
MSMEs that engage structured debt advisory before approaching lenders achieve significantly better terms — driven by cleaner financial presentation and covenant negotiation.
“72% of CFOs cite 'board-ready MIS' as the top finance capability gap in growth companies.”
The gap is not data — most companies have the underlying numbers. The gap is structure: a single source of truth that the board can read, challenge and act on within 15 minutes.
“PE-backed companies with interim CFOs outperform on EBITDA by 14% at exit.”
The correlation holds even when controlling for sector and entry multiple — suggesting that finance leadership quality is a genuine driver of value creation, not just a function of company quality.
“India ranks 63rd globally on ease of resolving insolvency — up from 136th in 2015.”
Despite significant improvement, the cost and time of insolvency resolution remains a key risk for lenders and investors — making pre-deal governance and IFC controls critical due diligence items.