Case Study: inRange Solutions saves nearly $500K and sets up for 2x revenue growth with Paro fractional CFO services

inRange Solutions saves nearly $500K with Paro's fractional CFO leadership

The customer, inRange Solutions, a telecommunications program management company, faced a challenge with its financial systems and leadership. As a fast-growing business, it required more robust financial insights and analysis to support its acceleration. Its CEO was also stretched thin managing day-to-day financial operations. They engaged the vendor, Paro, for fractional CFO services.

Paro matched inRange with a veteran fractional CFO who overhauled their financial capabilities. The solution included implementing new operational policies, creating analytical tools, and introducing streamlined financial reporting and budgeting systems. This provided the leadership team with critical insights for decision-making. The measurable impact was nearly $0.5 million in savings from reduced expenses and reassessed tax positioning, and the company is now confidently on a path to double its revenue.

inRange Solutions