Auxadi support Ironhack in its internationalization process: From Spain to the world

Education/Technology Training Spain Spain Costa Rica Costa Rica Mexico Mexico Colombia Colombia
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Challenge

Ironhack is a private technology school created to offer practical and intensive training focused on student employability. Launched in 2013 during Spain's high unemployment crisis, the company experienced exponential growth and internationalization, expanding to eight countries (Brazil, Portugal, France, Spain, Germany, The Netherlands, United States, and Mexico).

As Ironhack scaled globally, the company faced significant operational and administrative challenges:

- Need to have all Ironhack locations linked and supplying the same data in the same formats across eight different countries
- Standardization and homogenization of internal processes of accounting, tax and payroll management across multiple jurisdictions
- Consolidation of financial and accounting information received from different global subsidiaries and production of centralized reports that are both location-specific and company-wide
- Creation of a work model that allows homogenized reception of information, facilitates communication, ensures receipt of data in time and proper form, and simplifies day-to-day operations
- Managing cultural complexities of multiple nationalities and the distinct specificities of Ironhack's operation in the educational field
- Overcoming language barriers and regulatory differences across multiple countries

Having a business partner like Auxadi has allowed us to successfully overcome some of the main difficulties involved in the process of internationalisation: knowing the particulars of local markets, having a model that centralises information and facilitates communication, and having the right technology to maintain visibility and control.

— María Ares, VP of Finance, Ironhack



For Auxadi it is both a challenge and a great pleasure to accompany Ironhack in its international expansion process. Thanks to the combination of our value proposal, local knowledge and unique technology, and working side by side with the client, we are able to generate added value throughout the whole process.

— Claudia Nunes, MultiCountry Senior Manager, Auxadi

Ironhack Auxadi

Solution

Auxadi proposed a standardized and homogeneous accounting, tax and payroll management solution for all of Ironhack's locations. The solution leveraged Auxadi's international character and presence to address the challenges arising from international expansion.

Key components of the solution included:

- Implementation of Auxadi's unique MultiCountry Platform, which serves as the central technology enabling the entire solution
- Consolidation of accounting, tax and payroll management for all eight subsidiaries on a single accessible platform
- Standardization of processes across all locations while maintaining local expertise and compliance
- Consolidation of all information from multiple countries, including data provided by third parties
- Coordination of different Auxadi teams across multiple countries to ensure seamless service delivery
- Continuous platform updates and enhancements, including implementation of a banking integrator to further increase efficiency by automating tasks
- Multilingual management capacity in English, Spanish, Portuguese, and other languages
- Service delivery across multiple time zones covering both United States and European operations
- Local expertise in each jurisdiction combined with centralized reporting capabilities

The MultiCountry Platform provided Ironhack with accounting, tax and payroll management accessible on the same platform, allowing them to standardize processes and consolidate all information. The platform includes features for increased efficiency through automation and provides a truly global view of operations.

Results

After less than two years of collaboration, Ironhack achieved significant results:

- Successfully linked all eight Ironhack locations with standardized data formats and processes
- Achieved standardization and homogenization of accounting, tax and payroll management across all jurisdictions
- Consolidated financial and accounting information from all global subsidiaries into centralized reports
- Established a unified work model that facilitates communication and ensures timely receipt of data in proper formats
- Ironhack rated Auxadi 4.75 out of 5 in their last quarterly satisfaction survey—an outstanding KPI reflecting the harmony between both parties and Ironhack's deep satisfaction with the solutions
- Became one of Auxadi's most outstanding clients, demonstrating the success of the partnership
- Enabled continued exponential growth and international expansion with improved operational efficiency
- Provided both parties with growth opportunities and mutual learning

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