About Michael Rapisand
Mike has 35 years of diverse experience helping companies achieve their goals. He has a track record of creating value by improving profitability and increasing cash flow. He began his career in a Big 4 public accounting firm, followed by finance leadership roles in world-class Fortune 500 companies. For the past 14 years, Mike was the CFO for small startup and turnaround companies with revenues ranging from first revenues to $60 million. He has experience in high-growth and rapidly changing industries in domestic and international markets including high tech, manufacturing, software, restaurants, and consumer goods.
Mike has strong expertise in optimizing cash flow, profit improvements, bank and lending relationships, budget and cost controls, and financial planning and reporting. Additionally, he is very effective in communicating and working with CEOs and business owners to successfully define and complete key company objectives and initiatives.
Mike recognizes the importance of cash and the ability of a company to effectively predict its future financial requirements. He has developed reporting systems and models that reliably predict cash needs, as well as forecast borrowing availability. He has successfully reduced accounts receivable days outstanding by implementing enhanced credit and collection processes. Combined with his strength and knowledge in managing inventory and supplier relationships, he has dramatically improved companies’ cash flows. Mike has successfully negotiated and refinanced loans to improve cash availability and has worked with lenders in restructuring debt in distressed and challenging circumstances.
Mike possesses expertise in the following other areas:
- Business planning and risk management
- Working with owners, investors, and other key stakeholders
- Streamlining and scaling business processes using best practices
- Acquisitions and turnarounds
Mike graduated from the University of Texas at Austin with a B.B.A. in Accounting and is a licensed Certified Public Accountant. He and his wife Linda recently relocated to the Valley and enjoy the wonderful outdoor activities Arizona offers.
- University of Texas at Austin
Certificates & Licenses:
- Certified Public Accountant
- American Institute of CPAs
- Financial Executives International
- The Financial Executives Networking Group