With Headquarters in CA, USA and a back office in Bengaluru, this is an IT Services Company that creates value through prudent financial management
The Problem
The financial situation was getting strained in 2019 and faced further challenges with the onset of the Pandemic in 2020.
The Solution
iRAISE came in as a CFO and over time, put into place the following
- Actionable MIS reports to help management with data based, sound decision making
- Control systems to optimise the available resources and enhance productivity
- Efficient Performance Management Systems to drive accountability at all levels.
The Result
- 07% increase in profitability in 2019
- 13% increase in profitability in 2020
- 11% increase in utilization of billable assets
- Improved Cash Flow and Risk Management