Complex financial outsourcing for large business
Support delivered
- Full range accounting services to almost 60 retailers in Slovakia and Czech Republic – processing more than 25 000 vendor invoices per month
- Tax compliance services (VAT, income tax, excise taxes etc.) and advisory on tax consequences of specific business operations
- Payroll and HR agenda administration for almost 2 000 employees
- Labour law consultancy and other legal support services
- Representation of Client in communication with all the local authorities
Achievements
45%
Increased efficiency
Integration with our automation system
90%
Better control, less papers
Processes digitalization
100%
KPIs met
Improved communication and reporting
- Increased efficiency by using our integrated document processing automation system that helped to decrease time spent on AP management by 45%
- Change of processes towards digitalization while reducing manipulation with papers by approximately 90% helping to gain better control over all the processes
- Better control over the network and accurate reporting for the headquarter – all internally set KPIs met at almost 100%
- Improved communication with retailers and better transparency in costs