Get Live Quote Case study: Accounting and HR services at a large scale
Croatia
Germany
United Kingdom
Poland
Challenge
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.
The client needed to manage complex accounting, payroll, HR and tax compliance operations across multiple countries and entities while maintaining efficiency and control over processes.
Working with a global Fortune 10 company underscored our ability to successfully navigate complex tasks in accounting, payroll, HR administration, labour law and tax compliance. Leveraging our extensive experience and our automation system, we were able to significantly increase their operational efficiency and provide more control over their processes. Thanks to digitalization, we decreased paperwork and streamlined operations. This partnership reaffirms our capacity to deliver high-quality services that can adapt to the needs of any client, regardless of size or sector. — Peter Pašek | Head of FinTech at Accace
Solution
Accace provided comprehensive accounting, payroll, HR and tax services:
LEVERAGING OUR COMPETENCE:
- 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
LEVERAGING OUR TECHNOLOGY:
- Increased efficiency by using 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 processes
- Better control over the network and accurate reporting for the headquarter – all internally set KPIs met at almost 100%
LEVERAGING OUR COMMUNITY:
- Full range accounting services to almost 60 retailers in Slovakia and Czech Republic – processing more than 25,000 vendor invoices per month
- Representation of Client in communication with all the local authorities
- Improved communication with retailers and better transparency in costs
Results
Cooperation since 2011
- Increased efficiency by 45% thanks to integration with automation system
- 90% better control and less paper thanks to processes digitalization
- 100% of KPIs met thanks to improved communication and reporting
- Managed accounting for almost 60 retailers in Slovakia and Czech Republic
- Processed more than 25,000 vendor invoices per month
- Provided payroll and HR administration for almost 2,000 employees
- Delivered tax compliance services across multiple jurisdictions
- Achieved significant operational efficiency improvements through automation and digitalization
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