01
Sponsor-ready account mapping
Your entities and acquired businesses mapped to the agreed reporting standard, with unmapped accounts routed to your finance team for a decision.
Capability: Month-end close →For PE-backed Firms
Run the business. Be ready for sponsor reporting.
For finance and operations teams at private-equity-backed businesses: keep recurring finance work moving, bring entities and locations onto one close calendar, and prepare consistent reporting for your sponsor without losing the source evidence.
Sample portfolio co. · Chart of accounts mapping
- Company ledger accountPortfolio standard lineMatched
- Unmapped legacy accountMapping ownerWaits for a person
- Vendor categoryStandard categoryMatched
Illustrative example with sample data. Not a customer result or product screen.
For PE-backed operating businesses, including newly acquired add-ons, across the industries we cover—not investment fund accounting. Your management team keeps operating approvals; sponsor reporting requirements are agreed in scope.
Workflows
The recurring work Lieutenant takes on.
Each workflow links to the platform capability underneath it.
02
Company, entity, location close
Closes run on one reporting calendar, with intercompany eliminations prepared for review.
Capability: Month-end close →03
Add-on history and calendar
Acquired company history mapped into the standard and brought onto the portfolio reporting calendar.
Capability: Document capture →04
Cash and EBITDA forecasts
Forecasts by company and unit rolled from closed books, with drivers noted.
Capability: Forecasting and planning →05
Standard vendor categories
Vendor spend categorized consistently so cost comparisons hold across companies.
Capability: Accounts payable →06
Lease portfolio
Leases abstracted across companies with renewal and obligation schedules.
Capability: Lease abstraction →How it runs
Inputs, work, your review, outputs.
Source systems are confirmed during scoping, not assumed.
01 · Connected inputs
- Company ledgers
- Bank feeds
- Leases
- Historical reporting
02 · Lieutenant does the work
- Map to standard
- Close and eliminate
- Onboard add-ons
- Roll forecasts
03 · A person reviews
- Mapping choices
- Eliminations
- Assumptions
04 · You get
- Portfolio rollup
- EBITDA and cash forecast
- Evidence trail
Illustrative flow. Which systems connect and who reviews is agreed in scope for each engagement.
What you get
- Mapped financials on a common standard
- Company and portfolio rollups
- Cash and EBITDA forecasts by unit
- Source and approval evidence for diligence
- Portfolio lease schedule
Waits for a person · sample scope
| Mapping decisions | Portfolio finance lead |
| Elimination entries | Company controller |
| Forecast assumptions | Company CFO and sponsor |
| Payments and vendors | Company management |
Illustrative. Signatures, payment release, and vendor decisions always stay with your team.
Related
Pair it with your role or your own process.
Questions
What people ask before a walkthrough.
Is this for PE-backed businesses or investment funds?
This solution is for the finance and operations teams running PE-backed businesses. It supports company-level work and sponsor reporting, not fund accounting or investment management.
Do our entities or acquired businesses have to change accounting systems?
Not by default. Ledgers are mapped to the agreed reporting standard. Any system migration is a separate, scoped decision.
What gets agreed before we start?
Staffing, source connections, access, reporting cadence, and timing are scoped with you before any work begins. Your team keeps signatures, payment release, and vendor decisions.
Is this a different platform from the other solutions?
No. It is the same platform and review model, configured around the workflows that matter most for your business. Custom workflows are available when yours differ.
Start with the workflow that costs you most.
We'll scope systems, access, reviewers, and timing before anything runs.