Case Study: Ibex achieves $314k in annual finance personnel savings with Drivepoint

How Ibex Saved $314k in Finance Personnel Costs with Drivepoint

lbex, a digital-first outdoor apparel brand, faced a challenge when scaling its direct-to-consumer operations. With a team background in wholesale and retail, they lacked the specific DTC expertise needed to grow profitably without compromising their environmental mission. They assumed hiring a costly FP&A manager or CFO was necessary but discovered Drivepoint as a more affordable alternative.

Drivepoint provided its strategic finance platform and embedded expert-level services to function as a stand-in financial lead for Ibex. This solution saved the team over 190 hours annually on financial planning and provided critical strategic insights. As a result, Ibex achieved $314,000 in annual finance personnel cost savings and saw a 77% revenue growth year-over-year since onboarding with Drivepoint.

Ibex

Jordan Todoroff

General Manager