Merger of Entigrity in MYCPE ONE & Way Forward


Posted October 8, 2024 by mycpeone

The strategic merger of Entigrity with MY-CPE, rebranding as MYCPE One. Gain insights on the journey, goals, and impact for CPA and accounting firms.

 
Dear Clients,

When we first started Entigrity, our modest goal was to build a company of 200 people. At the time, critics and incumbents doubted our vision. Looking back now, even those who doubted us acknowledge that we exceeded all expectations—not just theirs, but even our own. Not only were they wrong, but even we underestimated our potential. What we’ve accomplished today has surpassed our wildest dreams, far exceeding our initial goals.

Today, we are planting a new seed for the future. Over the next 4 to 5 years, we aim to become the most comprehensive service provider for CPA and accounting firms. Just like before, we believe that when we look back on this journey, we will have built something even greater than we ever imagined.

As part of our extended family, we wanted to share this news with you before it goes public. We value your connection and believe it’s important for you to hear it from us first.

As of October 2024, Entigrity will merge with MY-CPE, and we will rebrand as MYCPE ONE.

Effective October 2024, we are excited to announce the merger of Entigrity with MY-CPE. Together, we will rebrand as MYCPE ONE. This strategic move combines our strengths, establishing us as the premier provider of comprehensive services for accounting firms. Our leadership team will seamlessly transition into the new company, ensuring that our unwavering commitment to serving CPA and accounting firms remains at the forefront.

We shall rebrand our business as MYCPE ONE. The "ONE" signifies

ONE Brand
ONE Unified focus
ONE Ecosystem
ONE Comprehensive suite of Services
ONE Team

“Our focus remains the same: serving CPA and accounting firms is what we know, and we’re committed to improving every day. Our mission is simple: to make accountants' lives easier by delivering services that are more convenient, affordable, and always packed with added value. We continuously strive to enhance our offerings, ensuring that firms not only succeed but thrive every single day.”

Our Journey as Entigrity
Since our inception nine years ago, we have grown into a team of over 3,000 professionals across India and the Philippines. Entigrity proudly partners with 80 of the top 500 accounting firms, driving success and innovation in the industry.

Key Highlights of Entigrity:
- 1,000+ Accounting & CPA Firms Served
- Corporate HQ in the U.S. and Canada
- 39 Delivery Centers Across 19 Cities in India and the Philippines
- Recipient of multiple awards, including Great Place to Work 2023/24 and KPO Organization of the Year 2024
- Strategic Partner of Boomer Consulting
- Independent member of BDO Alliance USA and Abacus Alliance
- Collaboration with IMA to upskill 5,000 professionals in India
- Our Journey as MY-CPE
For those who may not know, MY-CPE is a leading platform for learning and continuing education in accounting, tax, finance, and HR, catering to a broad range of qualifications, including CPA, EA, CMA, SHRM, HRCI, CFE, and CFP in the U.S., and CPA and CFP in Canada, among 100+ global designations.

Key Features of MY-CPE:
- Over 13,000 hours of content across 500+ subjects
- 700+ industry experts contributing to course creation
- Trusted by more than 250,000 professionals
- 20+ practical training courses for hands-on staff development
- Interest-based communities for networking and peer learning
- 50+ certificate courses
- Approval from NASBA, IRS, SHRM, HRCI, CFP, IMA, and 20+ other regulatory bodies
- Affordable CMA and EA coaching programs
- Dedicated mobile app for iOS and Android
- Credit monitoring system
- Subscription prices starting at $199/year
- Expansion Plans with MYCPE ONE

With this merger, we will expand our offerings beyond outsourcing and continuing education. We are committed to creating an integrated ecosystem for accountants, providing a range of services under one umbrella. With MYCPE ONE, our objective is to provide a full suite of services to CPA and accounting firms that are not only comprehensive but also more convenient and cost-effective, enabling firms to access all they need in one place.

In the next 18 to 24 months, we plan to expand across various divisions while continuing to focus on working with CPA and accounting firms. Our planned expansions include:

> Captive Units to help firms establish dedicated offshore units using the BOT (Build- Operate-Transfer) model
> U.S.-Based Staffing & Recruitment Services
> Digital Marketing & Website Solutions
> Cloud & Managed IT Solutions
> AI Consulting & Advisory
> Public Accounting Insights & Market Research
> Enhanced Continuing Education Features, including CPE Compliance and Learning Management Systems
> Outsourced Learning & Development Services
> Tax Advisory & Sales Tax Outsourcing Services

All of these services will maintain a singular focus: supporting CPA and accounting firms. With MYCPE ONE, we aim to grow our onshore team to around 20 by 2025 in the U.S. and Canada. Our approach isn’t just about bundling services; it’s about adding value to each service we offer.

For instance, through our MY-CPE Captives initiative, we plan to assist top 500 or top 1000 accounting firms in setting up their own offshore operations in India and the Philippines using the BOT model. By expanding our capabilities, we will continue to partner with industry leaders to support accounting firms in improving their operations and client service.

Does This Change Anything for You?
First and foremost, a huge shoutout and heartfelt thanks to you for your continued trust and support over the past nine years. The answer is simple: “No.”

Our Focus is “Accounting Firms”
We are at a pivotal point, working to strengthen our business model. However, our commitment remains unchanged: delivering top-tier services to accounting firms. Our focus continues to be on providing exceptional value to clients, making our services easy, convenient, and affordable.

Important Notes
No Change in Agreement: While we are now doing business as MYCPE ONE, our legal entity name remains the same as before. This means there are no changes to our existing agreements.
Continued Commitment: Our expansion is aimed at enhancing our capabilities to serve you We remain dedicated to maintaining the trust you've placed in us and to upholding the highest standards of service and confidentiality.

We appreciate your ongoing support as we evolve to better meet your needs while maintaining the core values and services you've come to expect from us.

Conclusion
"I'd like to conclude with a thought from Charles Darwin, which I believe perfectly fits the context. He said that it isn’t the most intelligent, strongest, or smartest who survive, but rather those who can adapt. If I had to capture this entire transformation in one word, it would be 'Adaptation.'”

Thank you for your continued support as we embark on this transformative journey.

Shalin (Shawn) Parikh
Co-Founder & CEO
https://my-cpe.com/
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Contact Email [email protected]
Issued By MY-CPE
Phone 06466885128
Business Address 1600 Hwy 6 STE 250
Sugar Land, TX 77478
Country United States
Categories Accounting , Finance
Tags mycpe , entigrity
Last Updated October 8, 2024