Our customer
A global group of energy and petrochemicals companies with over 92,000 employees in more than 70 countries was looking for a global vendor to take care of their accounting agenda, payroll and HR agenda administration including labour law consultancy and ensure the tax compliance of the group. The company belongs to TOP 10 fortune companies worldwide.
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
Cooperation
Since 2011
45%
Increased efficiency
Integration with our automation system
90%
Better control, less papers
Processes digitalization
100%
KPIs met
Improved communication and reporting
Our accomplishments
- 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
