Three audiences, one set of numbers
A portfolio company CFO answers to more readers than most:
| Reader | What they want | When |
|---|---|---|
| Sponsor / operating partner | The monthly pack, in their template, on time | BD10 to BD15 each month |
| Lender | Covenant compliance certificate with the math shown | Quarterly |
| Buyer's diligence team (at exit) | Earnings and working capital they can test back to the books | Once, but it decides the price |
Each reader checks the numbers differently. All of them are easier to satisfy when every figure traces back to a query anyone can rerun.
What Yoraito does for a portfolio company
A close that hits the sponsor deadline
Reconciliations, accruals, flux and sign-off on your existing GL (22 named systems, 11 direct ), with each step owned, dated and evidenced. See the full close → /solutions/financial-close-software.
Sponsor-ready numbers from the locked books
The monthly pack's P&L, balance sheet, budget variance and EBITDA bridge built from the closed trial balance, mapped to your sponsor's template. Try the method free: Portfolio Monthly Pack skill → /claude-skills/portfolio-monthly-pack.
Covenant math, shown
Leverage and coverage calculated from your credit agreement's definitions, with headroom tracked monthly, not only at test dates. The calculation is saved, so your lender's questions get a query, not a spreadsheet hunt.
Diligence-ready from day one
Quality of earnings work tests adjusted EBITDA and net working capital back to reconciled balances. If every month's reconciliations and adjustments already carry their SQL, the QoE team starts from evidence rather than requests.
Example: covenant headroom, shown
| Line | Amount | Source |
|---|---|---|
| Total debt | $19.0M | Lender statement, tied to GL |
| Adjusted EBITDA (LTM) | $5.00M | Query Q09; add-backs as defined in the credit agreement |
| Leverage | 3.8x | Query Q11 |
| Maximum leverage | 4.5x | Credit agreement |
| EBITDA decline before breach | about $0.78M (15.6%) | Query Q11 |
Illustrative. Every line traces to the closed books and the agreement's definitions.
What sponsors and operating partners notice
- The pack arrives on the same business day every month.
- Variances come with the transactions behind them, not "timing".
- Add-backs match the agreed definitions, every month.
- Questions get answered with a query, not a week of digging.
Why portfolio companies choose not to change ERP mid-hold
Changing the ledger during a hold period means migration risk, a new system for auditors to test and a gap in comparable history right when the sponsor wants consistency. Yoraito improves the close without touching the ledger.
For operating partners
If you oversee finance across several portfolio companies, Yoraito brings each one to the same close standard and evidence format, whatever ERP it runs. Operating partners get portfolio pricing, onboarding for each company and a quarterly close briefing across the portfolio. → /partners
Typical first 30 days
| Week | Milestone |
|---|---|
| 1 | Connect GL and banks; map accounts to the sponsor template |
| 2 | Run cash and balance sheet reconciliations on last month as a test |
| 3 | Live close: reconciliations, accruals, flux with labelled commentary |
| 4 | First sponsor pack from the locked TB; review with the CFO |
Want hands-on help?
With Assisted Close, our team runs the close in Yoraito alongside your staff, which helps when a controller leaves mid-hold or an add-on acquisition doubles the work.