In 2006-2007 Indeni was still a private company backed by angels and having a simple financial operation. At the end of the year there were 20 employees in the company. The accounting firm employed by Indeni at the time, did not sufficiently invest in them the resources required.
In early 2010, the company was re-establishing some of its divisions and
undergoing cost reduction. An organization the size of Olive Software
requires all roles of the finance professional chain but to differing degrees.
Olive software has branches in the US and in Israel. The company’s
CFO, Susan Davis, oversees the entire financial operation. Nextage began
working with Olive Software in February 2010 taking care of 90% of all
bookkeeping and accounting requirements of the Israeli subsidiary.
Indeni Software continues to employ Nextage for most of its accounting
and bookkeeping requirements and enjoys a great service. The entire
management team is now fully convinced that contracting maid has paid off.
We have completely outsourced our finance functions to Made Finance. These services cover dailyoperational accounting and administrative duties, as well as all monthly and annual financial planning and control. Made Finance has delivered seamless, professional and cost-effective services to Live-U and is now an integral part of the Live-U team.