A mid-segment auto component company had been looking for a chief financial officer who, besides leading the critical activities of finance and cost optimization, would have the know-how of mergers and acquisitions and who’d additionally be able to undertake business process restructuring. The challenges to the corporate would have been multiple had such a person been hired on full-time basis - the cost it would need to pay, the availability in the market of such an expert, and the age criteria!
EXPERTIES settled the situation by introducing an experienced financial officer having cross industry exposure including from the relevant industry, a person who is a veteran in M&A having handled large sized acquisitions and fund raising activities, and is a specialist in strategy and operations. The expert was engaged for fixed days in a week over a specified period of time.
The arrangement resulted in way-below the expected cost for the company - paying for just the period of utilization of the expert’s time!
Case Study - II
A consumer durable brand in India expressed interest in seeking advise from a finance veteran who could guide the firm in various aspects of finance and accounts including inventory management, debtor management, cash flow management, costing, budgeting etc.
EXPERTIES introduced a Finance Controller, a seasoned Chartered Accountant of 30 years having handled business in India, Middle East and Africa with a top global premium consumer brand, thus bringing to the table his understanding of a niche segment besides his expertise in P&L controls.
The expert was signed-up for fixed days in a month over an extended period of time.
Case Study - III
A large and leading designer fashion house, having exclusive and multi-brand outlets across India, was in a quandary. Their CIO had put in his papers and the company was looking for an immediate replacement.
EXPERTIES was quick to introduce a CIO on interim management basis, an IT head who had close to two decades of extensive experience in the retail industry and who had all the required technical exposure. The company moved fast in their evaluation and within a period of a week the expert was signed on-board.
The contract was structured in a way that worked as a win-win for all. The expert joined immediately and hit the ground running!