Interim Global Solutions started as a hobby in 2006 by Mr. Doering with his Buchhaltungsservice and the trading name Interim Solutions, a German business. Buchhaltungsservice is German for a full service Accounting Service business. So, Interim Global Solutions is primarily an accounting and financial business. Later Mr. Terzi joined in 2008 and Interim Solutions extended its reach with Members globally and a grass root strategy.
Shortly after it was founded the financial crisis of 2008 started. The financial crisis from 2008 is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. It was triggered by a liquidity shortfall in the United States banking system, and has resulted in the collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world.
The immediate cause or trigger of the crisis was the bursting of the United States housing bubble. The U.S. Financial Crisis Inquiry Commission reported its findings in January 2011. It concluded that "the crisis was avoidable and was caused by: Widespread failures in financial regulation, including the Federal Reserve’s failure to stem the tide of toxic mortgages; Dramatic breakdowns in corporate governance including too many financial firms acting recklessly and taking on too much risk; An explosive mix of excessive borrowing and risk by households and Wall Street that put the financial system on a collision course with crisis; Key policy makers ill prepared for the crisis, lacking a full understanding of the financial system they oversaw; and systemic breaches in accountability and ethics at all levels.
The credit crunch in 2008 and the following global economic recession led to a significant drop in M&A activity, nearly 30%, in 2009 and even the failure of entire states.
Companies learned to understand that they must approach their economies and businesses more strategically and sustainable.
Today Interim Global Solutions has grown into a network of over 540+ Members of the highest caliber in over 130+ countries around the globe.
We may not be fancy, but we are authentic and value integrity, client confidentiality and sustainability.