Case Study: Bendesk
Bendesk was transitioning from an insurance broker to a comprehensive provider of corporate benefits. The company faced a number of challenges due to its rapid growth. This included expansion, professionalisation of the finance department and increasing cost efficiency. To raise capital and hire a permanent CFO in the future, Bendesk needed robust financial models, frameworks and an efficient reporting system to manage this transition phase.
Thanks to implementing these measures, Bendesk reduced the cash conversion cycle by two months, creating valuable liquidity for further growth. Cost efficiency measures were introduced which, together with a clear finance and sales dashboard, provide the basis for data-driven decisions. In addition to scaling the company, we established relationships with various revenue-based finance and VC investors, which prepared future funding for Bendesk.
Ich finde die CFO Lo?sung von NumberSquare ideal fu?r schnell wachsende Unternehmen. Mit CFO as a Service konnten wir unsere Finanzabteilung schnell extern abbilden, ohne dafu?r lange Personal suchen zu mu?ssen. Wichtig war fu?r uns insbesondere ihre Flexibilita?t und die Na?he zu unserem Team. Hier hat NumberSquare deutlich u?berzeugt.
– Achim Trude, Founder & CEO Bendesk
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