Nearly three in four high-growth businesses believe their financial processes are not robust and scalable enough to support their plans for growth .
COUPA investors , there are private sale options . A merger or acquisition can also produce an exit event with the added benefit of combining complementary skills and knowledge from separate businesses .” According to research carried out by Coupa , a large number of fastgrowing businesses are delaying IPOs because of the current circumstances . Coupa found that nearly three in four high-growth businesses ( 72 %) believe their financial processes are not robust and scalable enough to support their plans for growth . The firm claims that postponements to IPOs offer the perfect opportunity for a business to reassess and resolve issues that it might otherwise have taken full-speed into a public listing .
“ For those companies that have delayed an IPO , now is the opportune time to digitise backoffice functions ,” says Coupa ’ s Tony Tiscornia . “ This will not only instil confidence in financial operations and compliance in advance of being ready to list , but also ease the burden of increased scrutiny once they become public .”