Biosafe selects vcfo to Manage Finance and Recruiting for New U.S. Operations

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Switzerland based Biosafe focuses on growth while vcfo tackles finance, accounting, internal operations, and recruiting of key personnel

vcfo stood out because they listened to our needs and were very creative in providing a solution customized to our requirements.

Switzerland based Biosafe commenced operations in the US in mid 2009 through its subsidiary Biosafe America Inc., to provide direct support to customers using their FDA cleared cell processing products. Biosafe leadership sought assistance navigating the complexities of setting up operations in the US and the staffing of key operational and finance positions. They engaged vcfo, a company experienced in on-shoring and known for a strong reputation in providing flexible customized solutions in the areas of finance, operations, human resources, and recruiting.

“When we initially started business in the US, our plan was to use consultants to help with our accounting and finance department. As we interviewed various firms, vcfo stood out because they listened to our needs and were very creative in providing a solution customized to our requirements. Other companies proposed standard packages and were not willing to adapt to our business,” said Oliver Waridel, Vice President at Biosafe America.

Initially, the vcfo team worked with Biosafe America to establish the internal financial infrastructure and processes necessary to ensure compliance with US tax and reporting requirements. They also introduced banking and other key relationships while establishing appropriate internal controls and reporting required by Biosafe America’s foreign parent. Today, vcfo professionals continue to support Biosafe America in the areas of finance, accounting, internal operations and recruiting, allowing the Biosafe management team to focus on the company’s growth.

As a new entrant to both Houston and the United States, recruiting was and remains a critical area for the company. vcfo has an entire division, vrecruiting, dedicated to delivering outstanding cost effective recruiting. “What I like about vcfo’s vrecruiting solution is the up front focus on defining precisely what we need and then delivering a tight field of candidates that meet our specifications. We aren’t wasting time talking to candidates who don’t have the ability we require or the interest in our opportunity. This saves us time and allows us to focus on our core business,” said Waridel.

“Biosafe’s unique circumstances required a creative recruiting solution. They leveraged our temp-to-perm service offering allowing them to add headcount immediately for mission critical activities with the option to convert these individuals to full-time employees at their discretion,” said Ellen Wood, CEO of vcfo.

About Biosafe
Biosafe America, Inc. was founded in April 2009 as a subsidiary of the Biosafe Group SA holding, an internationally active medical technology company with its roots in the Lake Geneva region in Switzerland. Biosafe America markets Biosafe’s innovative solutions for cell processing in the US and Canada, equally serving stem cell banks, hospitals and research institutes. For more information, please visit http://www.biosafeamerica.com.

About vcfo
vcfo is a unique professional services firm offering a customized team model to assist companies with finance, accounting, recruiting and human resources needs. vcfo uses a custom approach to create an optimal, flexible team of highly trained vcfo employees to address your particular requirements. Not only do you get the right level of resource, but you pay only for the time you need it. vcfo has supported more than 1,500 clients nationwide with offices in Austin, Dallas, Denver, Houston, and Seattle. For more information, please visit http://www.vcfo.com.

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Shenea Wade
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