Donald Reid Group

Case Studies – Extrinsica

DRG helped produce a business plan and cash flow to obtain funding - and now provide ongoing outsourced support


Extrinsica

Background

Extrinsica Global Limited is a rapidly growing cloud services provider specialising in building and managing bespoke computing platforms for service providers. They enable their partners to deliver highly integrated cloud-based IT services to their customers around the globe to meet their growing, sophisticated IT needs.

The Solution

DRG were introduced during a fund raising round and produced a business plan and cash flow forecasts that helped secure over £3m of funding. After the successful investment we now provide a complete outsourced finance function. This includes bookkeeping, payroll, VAT returns and monthly management accounts that include cash flow forecasts and KPI’s that are delivered in a board pack and presented to the directors and investors.

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