Follow along below for answers to questions you may have about inDinero acquiring tempCFO, and what that means for you as an inDinero client:
- What changes can I expect?
- How is inDinero acquiring tempCFO good for my company?
- Will my point of contact change?
- Will pricing at inDinero change?
- What if I’m interested in what tCFO has to offer?
- Will you still have time for me?
- What happens to my data?
- What if I have other questions?
What changes can I expect?
In the short-term, your inDinero experience should stay consistent. Your point of contact will stay the same and your books and taxes will continue to run without interruptions. But, as you find yourself going through periods of growth, change, or complexity, you’ll be able to layer on fractional CFO services, which could include:
- Board Package Preparation and Meeting Representation
- Strategic Planning Sessions
- Financial Planning and Analysis (FP&A)
- Formalize Financial Policies and Procedures
- Equity and Debt Funding Negotiation Assistance
“Fractional” means they are on an as-needed basis to help you navigate and plan ahead.
In the long-term, we plan to enhance inDinero’s services and platform by leveraging tempCFO's talent and growth business expertise. We'll share more about these enhancements as soon as they're ready!
How is inDinero acquiring tempCFO good for my company?
In the most direct sense, your company will benefit from access to more technical accounting and tax expertise and in having a financial partner that can scale with your growth. Together, we now can offer a true inception to IPO offering, which means you never need to switch providers as your complexity changes as a business.
From a broader standpoint, the acquisition means inDinero can invest more resources in systems and technology that will give you more tools catered toward growing a business and financially-informed decision making.
Will my point of contact change?
No. You will have the same point of contact and inDinero finance team.
Will pricing at inDinero change?
We have no immediate plans to change our pricing. If you do plan to add CFO services, we will add those services to your engagement at an hourly rate.
What if I’m interested in what tempCFO has to offer?
Contact your team today to learn more about what working with inDinero + tempCFO will look like at your business.
Will you still have time for me?
By coming together, we’ve combined many complementary resources. This should give your dedicated team even more time to focus on creating a valuable experience for you right from the start.
What happens to my data?
inDinero always has had and always will have a stern policy to keep all current and former client data confidential (you can read the policy here). Even internally, the only time we share client information across teams is when it benefits the client: An example of this might be to bring in a team member with experience in a complex or rare tax situation that will help a client or their team plan accordingly.
We also have plans to strengthen this policy in the weeks leading up to May 25, 2018: It just so happens that in the midst of this acquisition, we are also hard at work to enhance our data security and privacy in anticipation of upcoming changes to data protection laws in the European Union (EU), called General Data Protection Regulation (GDPR). Click to learn more.
What should I do if I have additional questions?
For any additional questions or more information about the concerns we’ve addressed above, contact your finance team.