Cherry Bekaert Launches Finance Modernization Solution, Offering Outcome-Driven Scalability for Middle Market CFOs

New solution offers tailored, people-first solutions to help mid-market and high-growth finance teams streamline operations and technology integration for confident growth

RALEIGH, N.C., May 28, 2025 /PRNewswire/ -- Cherry Bekaert (the Firm) has announced the launch of its new Finance Modernization solution designed to equip businesses and chief financial officers (CFOs) with a robust accounting and financial foundation to support growth. This launch expands the Firm's comprehensive portfolio of accounting and advisory services, aiding businesses in modernizing and navigating the complexities of business transformation, technology and data integration, team training and upskilling, return on investment (ROI) analysis, and streamlining business processes.

As organizations scale in size and complexity, they are often hamstrung by outdated, manual systems and inefficient financial processes. The Finance Modernization solution—emphasizing a finance-first strategy rather than a tech-first approach—aims to assist middle-market businesses in identifying their optimal path for growth and technology integration. The Cherry Bekaert team collaborates closely with CFOs and leadership to guide financial transformation within organizations, taking a holistic, proven approach in evaluating people, process, technology and data.

"Our approach to finance modernization is grounded in the realities mid-market CFOs face—running finance operations efficiently to enable business innovation and growth," said Roy Nicholson, Business Optimization Partner, Cherry Bekaert Advisory LLC. "Modernization goes beyond just adopting the latest tools—it's about empowering teams to operate more strategically and efficiently. Our people-focused approach delivers practical end-to-end solutions that enhance functionality and reduce the risks associated with navigating complex modernization efforts, allowing finance teams to redirect their time toward strategic priorities."

Unlike disruptive or technology-centric transformations, Cherry Bekaert's Finance Modernization solution meets CFOs and finance leaders where they are, identifying what's working, fixing what's not, and scaling what's next, with solutions grounded in people, operational needs and growth goals. The result is a roadmap that identifies quick wins and outlines ways to drive ROI in the first 30, 60 and 90 days of starting Finance Modernization, as well as the steps needed for long-term improvement. The outcomes CFOs see as a result may include more efficient processes that lead to faster cycle times, improved cash flow and better forecast accuracy to inform key business decisions. In addition, the solution assists mid-market companies in overcoming talent shortages and skills gaps by enhancing systems and processes, while offering outsourced solutions and training as needed.

Cherry Bekaert's solution provides more than just a modernization roadmap—the Firm's trusted advisors execute alongside finance teams to help them adopt and maintain modernization efforts. Most modernization efforts fail to meet objectives. The Finance Modernization solution was designed to mitigate this by adopting a people-centered approach ensuring the systems and processes are designed for, and sustained by, the people that use them.

Supported by decades of industry-specialized accounting knowledge, Cherry Bekaert's Finance Modernization service is part of a broader strategy to help mid-market businesses scale with confidence by bringing together accounting and technology solutions. It provides support across a range of industries, including manufacturing, consumer goods, technology, life science, government and public sector, private equity, professional services, real estate and construction, and healthcare. Future enhancements will continue to evolve with client needs, including deeper automation and industry-specific modernization solutions.

For more information about Cherry Bekaert's Finance Modernization services, visit www.cbh.com.

About Cherry Bekaert
Cherry Bekaert, ranked among the largest assurance, tax, and advisory firms in the U.S., serves clients across industries in the U.S. and internationally. "Cherry Bekaert" is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert Advisory LLC is not a licensed CPA firm. Cherry Bekaert LLP is a licensed CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide business advisory and non-attest services spanning the areas of transaction advisory, risk and accounting advisory, digital solutions, cybersecurity, and tax. We exercise a deliberate curiosity to know our clients' industries and work collaboratively to create shared success. For more details, visit cbh.com/disclosure.

Cherry Bekaert LLP and Cherry Bekaert Advisory LLC are members of Allinial Global, an accountancy and business advisory global association. Visit us at cbh.com and follow us on LinkedIn, Facebook, X or Instagram.

SOURCE Cherry Bekaert