142 Franklin St, Melrose, MA 02176, United States
Acktify is a U.S.-based mid size business that buys from distributors and sells directly to consumers on online platforms like Amazon, eBay, Walmart, and Jet.com. Operating in a high-volume, low-margin space, Acktify serves customers across the U.S. and Canada, handling thousands of orders with a lean internal team.
Lacked a system to match POs, invoices, and receipts -leading to financial blind spots.
Relied on spreadsheets and staff trust to process payments, increasing the risk of costly errors.
U.S.-based F&A hires were costly and frequently turned over, making it hard to retain process knowledge.
Small onshore team was stretched thin across AP, reporting, and month-end close.
With fragmented data and no automation, report generation was slow and inconsistent.
MYCPE ONE helped Acktify build a geo-diversified team across 3 cities - Ahmedabad (9 members), with additional team members in Rajkot (3 members) and Vadodara (3 Members). This reduced dependency on one location and improved retention.
In the absence of an ERP, the offshore team implemented Excel-driven workflows to validate invoices, match POs, and create audit trails, building discipline into the procure-to-pay cycle.
Actify hired one Advisor to CFO (Practice lead from India team) who was assigned to work directly with the CFO, helping streamline decision-making and fast-track report generation.
The offshore team replaced expensive onshore hiring, offering flexibility in scaling and eliminating repetitive tasks for the local team.
As confidence grew, Acktify expanded the offshore team’s scope to include financial analytics, reconciliations, and reporting, improving visibility across finance.
Real-time support and structured reporting enabled quicker financial and vendor decisions.
Monthly reports are now consistent, timely, and built on accurate data checks.
Geo-spread hiring improved team stability and reduced replacement cycles.
With one offshore team member working closely with the CFO, execution and oversight became faster and more responsive.
Offshore staff built across Ahmedabad, Rajkot, and Vadodara to ensure geo-diversified coverage.
Faster turnaround achieved in invoice processing, reconciliations, and reporting.
Missed validations with every invoice verified through structured checks
Reduction in onshore hiring by offloading routine tasks to offshore teams.
Million saved over 2 years by shifting finance operations offshore.
Improvement in month-end reporting with more predictable, timely closes
MYCPE ONE’s offshore team proved to be an extraordinary catalyst in transforming our need to implement a fully functional ERP system into a tangible reality. I was quite impressed by the offshore team's expertise in financial control, reporting, and support for transactional data, helping us streamline efficiency across our entire F&A process.
CFO Acktify
MA, United States
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