About the Company

Service- Accounts

Industry: Beauty & Skincare

Type: Privately Held

Inde Wild is a clean beauty brand founded in 2021 that merges the power of Ayurvedic ingredients with modern, innovative chemistry. The company, co-founded by Diipa Khosla and Oleg Büller, offers products designed to address specific skincare concerns, such as serums and oils. With a rapidly growing brand presence, Inde Wild has raised $2.8M in seed funding and continues to lead the beauty industry with its commitment to clean, effective skincare.

Problem Statements

As Inde Wild grew its brand, it faced several operational and financial challenges:

Complex invoicing and compliance: The company’s rapid growth and global expansion led to complications in invoicing and ensuring compliance with tax and regulatory standards.

Manual financial processes: Managing financial data and reconciliation manually led to inefficiencies, increasing the risk of errors and delays.

Reporting and MIS gaps: As the business scaled, timely and accurate management information system (MIS) reports were needed to make informed decisions.

Inconsistent cash flow management: There was a lack of structured processes for managing and forecasting cash flow, which impacted financial planning.

Our Solution

We stepped in to streamline Inde Wild’s financial operations by implementing tailored solutions:

Automated accounting and financial reconciliation: We automated key financial processes, including reconciliation and invoicing, reducing errors and improving accuracy.

Strengthened compliance systems: We introduced systems to ensure accurate tax filings and adherence to regulatory requirements, both locally and internationally.

Custom MIS reporting: We implemented a custom management information system (MIS) to deliver real-time, accurate financial data to the leadership team, enabling better decision-making.

Optimized cash flow management: We developed systems to help manage inflows and outflows, providing the leadership team with clearer visibility on cash flow.

Results

Our involvement delivered several key improvements for Inde Wild:

Increased financial accuracy: Automated processes ensured that financial records were consistent and up-to-date, minimizing errors.

Improved compliance: With new systems in place, Inde Wild was able to meet all regulatory requirements in a timely manner, avoiding penalties and legal risks.

Operational efficiency: By reducing manual processes, we freed up internal resources, allowing the team to focus on strategic business growth.

Better cash flow visibility: The company was able to forecast cash flow with greater accuracy, supporting better financial planning and decision-making.

Benefits and ROI

Operational efficiency: Automated processes reduced time spent on manual financial tasks, allowing the team to focus on core business activities.

Cost savings: Streamlined operations and improved compliance led to cost savings by avoiding errors and penalties.

Strategic financial management: With accurate data at hand, Inde Wild’s leadership could make informed financial decisions, supporting long-term business growth.

ROI: The improvements in operational efficiency, compliance, and cash flow management provided Inde Wild with a strong return on investment, reducing costs and enhancing profitability as the company scaled.