CFO on call: Why hire a CFO when outsourcing is at least 30% cheaper
By Biswarup Gooptu & Arijit Barman, ET Bureau
Deepak Narayanan (right) of MyCFO helped Himani Kapadia of DigitasLBi with various facets of finance and accounting before the latter was acquired by Publicis
Indian companies, small and big, can now have a chief financial officer on call to do anything from accounts to company law, strategy to fund raising, report Arijit Barman & Biswarup Gooptu
In April 2013, Deepak Narayanan received an urgent call from Amit Dalmia, an operating partner in marquee private-equity firm Blackstone. A massive churn in the finance department of Gokaldas Exports, a Blackstone portfolio company, had seen many key exits. Critically, this included the financial controller, just before Gokaldas was to finalise its quarterly numbers.