When Matt Dobereiner joined EnsoData as CFO in January 2024, he stepped into a growing digital healthcare company with ambitious plans.
EnsoData uses AI to improve diagnosis and therapy for patients, starting with home sleep testing, diagnostic reporting, and therapy monitoring for patients with sleep apnea and other sleep disorders. As the company scales, strong financial operations are critical, not just for internal management but for board reporting and audit readiness.
That’s where FinePoint became a true partner.
The Challenge: Timeliness, Complexity & Audit Backlog
When Matt came on board, EnsoData was facing several operational hurdles:
- Financial reporting that took 8+ days to close
- A complex, time-consuming invoicing process tied to volume-based contracts
- Two fiscal years of outstanding audits
- Inefficiencies that limited visibility and slowed decision-making
For a growing healthcare technology company, speed and accuracy matter.
Matt’s approach was clear from the start: Fine Point wouldn’t operate as an outside vendor — they would operate as an extension of the EnsoData team.
The Partnership: An Extension of the Finance Team
Matt immediately aligned with Heather and the Fine Point team to set expectations and elevate the engagement.
“I engaged with Heather and the Fine Point team as an extension of our internal team — not an outsourced service provider. That shift in mindset was critical to the success of the partnership.”
With regular one-on-one meetings and consistent communication, the teams began working proactively instead of reactively. Business updates flowed both ways, ensuring accounting and reporting were always aligned with company activity.
The Results: Faster Close, Streamlined Invoicing & Stronger Audit Performance
1. Accelerated Financial Close
Fine Point worked closely with Matt to redesign reporting timelines and presentation formats.
- Financials now delivered within 4 days (down from 8+ days)
- Reporting aligned to leadership and board expectations
- Improved visibility into company performance
2. Major Invoicing Efficiency Gains
EnsoData invoices customers based on volume — requiring accurate reconciliation between contract rates and monthly study volumes. Previously, invoicing consumed 12+ hours over several days.
Through process improvements and collaboration between Fine Point and EnsoData’s internal team:
- Invoicing has been reduced to well under 6 hours of effort
- Revenue closed on Day 1 of the monthly close
- Improved accuracy and operational efficiency
3. Audit & Compliance Back onTrack
When Matt joined, two fiscal years of audits were outstanding.
Together, the teams:
- Closed out both backlogged fiscal years
- Improved audit response time and efficiency
- Kept subsequent audits on schedule
- Strengthened overall audit readiness
“Our audit efficiency has been much better. Heather, Val, and the team have done a great job responding to audit requests and keeping everything on schedule.”
Why It Works
For EnsoData, the value of Fine Point isn’t just in execution — it’s in structure and scalability.
Rather than hiring in-house and taking on additional HR, benefits, and overhead costs, EnsoData gains:
- Controller-level oversight
- Staff accounting support
- Flexibility to scale hours as needed
- Consistency in team engagement
“I consider Heather to be my controller and a trusted partner on financial reporting matters. The consistency in the team and how they engage makes it work really well.”
Matt summed it up perfectly: bringing accounting fully in-house wasn’t worth the hassle. The service, efficiency, and value of the Fine Point model made sense.
A Trusted Finance Partner for Growth
As EnsoData continues expanding its AI-driven healthcare solutions, its financial foundation is stronger, faster, and more scalable.
And for Matt, the advice to other companies is straightforward:
“Engage Fine Point as an extension of your own team. That goes a long way.”