" This effort is a very interesting one and has wide applicability in my view to Indian SME & fulfils need of hour. ”
Ex-Head – India’s leading Private Sector Bank
" It is good to see the learning curve alongwith partner of your firm and to realise the in-depth potential of CFO. ”
CEO – INR 400 Million IT Services Company
" The way IxCFO has monitored DSO (Daily Sales Outstanding/Receivables) and turnaround even the bad cases recovery is remarkable with the presence of swift network & in short time making our banking limits unutilised for long time.”
CEO COO – INR 300 Million High-end KPO business Company
" Excellent structured approach to shared CFO services and a clear general process in place to implement the services (rapidly measure financials and implement controls)”
CEO – Manufacturing Company into high end party food services equipment.
" Presence of CFO makes our job far easy while implementing solution on payroll and accounts payable outsourcing bringing desirable saving in managing cost of finance function.”
COO – Finance outsourcing Company ( a network partner of ixCFO– Having worked closely in the engagement).
" The presence of vast network of Banks/NBFC/Private Equity/Venture Capital within IxCFO network made us to think about hiring them for long term finance & business strategy”
CEO – 1000 Million Company into manufacturing & designing of engines/heavy machines for industry.
" Revamped entire operational IT system with good interface with financial platform Tally, saved huge cost of migrating to branded ERP solution.”
CEO – ITES Services Company of 1000+ people with presence across cities in India and overseas
Since our inception beginning October 2010, we have seen quarter on quarter growth in our number of clients & CFO Services mandates.
As of 30TH November 2021, we had done more than 150+ Clients across range of Sectors for growing businesses with geographical reach within Indian Cities , USA & Singapore on offshoring basis
We are offering mandate based monthly retainer Virtual or Shared CFO services or supplementing with specialized assignments to existing Corporate CFO’s as well.
We are guided by confidentiality agreement with our client and will be happy to provide list of these clients when our mandate comes to final signing with our prospective leads.
Complete Finance Outsourcing - Finance & Accounts Outsourcing + Controllership/CFO Services
Our further case studies on CFO Services engagements are as under : ( Not the exhaustive list )
Growing IT Services Company needed to define employee utilisation rate to figure out contribution. This resulted in improved productivity with retention of key employees with defined variable incentives and overall improved EBIDTA.
For an improved credit line to one of the Electrical Panel manufacturing business, Bankers were unable to get right information on current usage of working capital pattern and profitability analysis on retail v bulk institution sales. Our team worked to refine the entire set of reports resulted in huge improved credit line with fungible forex hedge limits from Banker.
To SAAS based IT product Company - Lack of Investor reporting : Prepared professional looking management reports with focus on financial planning and analysis on restructuring data matrix in ERP. This provided foundation for meaningful conversation with board.
In one of the FMCG products Company, we redefined the profit margin to scale-up by individual product line–not just overall company revenues–in order to: A) Adjust pricing and distribution strategies based on product margins B) Focus your marketing and promotional efforts on more profitable products C) Calculate the appropriate cost of acquiring a customer (CAC)