Case Study: Nanophase Technologies Corporation streamlines financial reporting with Paro

How Nanophase Technologies increased bandwidth for their internal team and simplified the compliance process

Nanophase Technologies Corporation, a global provider of engineered nanomaterials solutions, faced a major reporting challenge after downsizing during the early pandemic and then seeing explosive growth tied to PCR test ingredients. With only limited internal finance expertise, CEO Jess Jankowski needed help managing GAAP/SEC reporting, audit readiness, and the heavy workload around financial disclosures.

Paro provided a fractional finance expert, Bradley R., to handle lease accounting, revenue recognition, quarterly and annual financial statements, and supporting audit memos and footnote schedules. With Paro’s support, NTC reduced time-consuming reporting work, improved consistency and compliance, freed up internal bandwidth for strategic priorities, and laid the groundwork for future SOX compliance and a potential uplist to public trading platforms.

Nanophase Technologies Corporation

Jess Jankowski

President & CEO