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Our Pricing Methodology

CFO InnovationsOur Pricing Methodology

In order for us to remain competitive and be able to offer most cost effective solutions to our clients, we have to optimise the cost of execution. We achieve this by breaking each assignment into smaller activities and grouping them based on skill levels required, as per the table below:

Skill Level

Work Description

Experience Level (Years)

Executive Associate

Strategic role & tasks requiring a high level of knowledge and hands-on expertise, such as – System Implementations, COA Structure, Process Review & Optimization, Strategic analysis, Business Plan, Designing of MIS, Monthly review meetings & Review of work performed by other Middle & Junior level associates.

20+ Years & Accomplished

Senior Associate

Senior Associate Monthly Closing, Management Reporting, AR Reviews, Assisting Executive associates & supervising the work performed by Junior associates. 8 to 20 Years & Trained

8 to 20 Years & Trained

Junior Associate

Junior Associate Assisting Senior Associates & Transaction processing e.g. Customer Invoicing, Vendor Bill entries, Bank Reconciliations, Payroll routine processing, Time Tracker update, export etc 3 to 8 Years & Trained

3 to 8 Years & Trained

We broadly work on the following two standard engagement models. However, we are quite flexible to discuss alternatives, if desired :

Project Based

For any given project, we estimate the timeline, identify the tasks to be performed, resource deployment in terms of number of hours. We apply our standard / agreed hourly rates based upon the level of resource and submit a quote to the client for review. Once agreed it becomes a Fixed price project-based assignment subject to a cost escalation clause if any.

Recurring Tasks Based

We use the same method as above for arriving at a monthly recurring price based upon current level of volume in the business. However, a reasonable escalation clause is appended to take care of projected inflation and increase in volume which may require skill upgrade or increase of resources in future.

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