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Jaguar Health, a pioneering pharmaceutical company with a focus on plant-based prescription medicines, encountered intricate challenges in their accounting landscape due to their unique corporate structure and the fast-paced demands of the life sciences industry. CFO Carol Lizak and VP of Finance and Accounting, Ismaila “Ish” Sougoufara, sought a partner with industry expertise to navigate the nuanced accounting requirements and to facilitate strategic financial planning.
Download the case study to learn how Scrubbed’s deep industry knowledge and proactive approach transformed Jaguar Health’s accounting processes, enhancing financial accuracy and reporting efficiency. Discover how the partnership empowered the Jaguar team to focus on strategic initiatives, fostering growth and innovation.
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Pharmaceutical Pioneer Grappled with Accounting Complexities Amidst Industry Demands
- Unique corporate structure and fast-paced industry dynamics necessitated a partner with deep life sciences expertise
- Scrubbed’s industry-focused approach identified and addressed key accounting topics, providing guidance on structuring specific financing arrangements pertinent to the life sciences sector
- Partnership evolution witnessed Scrubbed taking on a pivotal role in audits, accounting for AP, inventory, and supply chain management, laying a robust framework for financial accuracy and timely SEC reporting
- Scrubbed’s long-term solutions approach, identifying issues proactively and creating bridges to simplify and strengthen processes, has been a cornerstone in Jaguar’s growth trajectory
- The camaraderie and mutual respect fostered over the partnership have built a trusted relationship, with Scrubbed becoming an extension of the Jaguar team, always ready to deliver quality with commitment and joy
About the author
With 12 years of experience in accounting, James is an expert in various aspects of the field such as taxation, contracts and pricing, billing and settlement, intragroup, joint venture, and nonprofit accounting. He has previously worked for IBM and Shell, where he gained invaluable experience before joining Scrubbed. At Scrubbed, James has played a crucial role in helping social enterprises with their COVID-19 PPP loan and forgiveness applications during these challenging times. James holds a Bachelor's degree in Accounting from Holy Angel University and is a licensed CPA, He is also a Lean Six Sigma Greenbelt.