Get Live Quote Effice – Accounting and Tax Advisory for International Expansion
Spain
Challenge
Before working with Vasalto, Effice faced the complexity of managing accounting, taxation and payroll internally whilst expanding its operations across Europe. Each country had different regulations and the internal team had to devote valuable time and resources to administrative processes that diverted them from their core business. This created stress, risks of errors and limited their ability to focus on innovation and the development of clinical trials. Effice is a CRO specialising in monitoring and comprehensive management of clinical trials, from legalisation to final report delivery. With more than a decade of experience, the company carries out most of its projects in Spain whilst expanding its operations to several European countries, facing diverse local, logistical and tax regulations that require great precision and coordination.
Solution
Vasalto provided accounting, tax and payroll advisory to Effice. The actions taken included: integration of internal departments with the Vasalto team; immediate and personalised attention for any accounting or employment management needs; and continuous support to adapt to the different tax and legal environments of each country. The objective was to ensure accurate and efficient accounting and tax management, free the internal team from administrative tasks to focus on their core activity, and provide reliable support during international expansion.
Results
Greater peace of mind and confidence in financial and tax management. More agile, centralised and reliable processes. Successful support for international expansion, reducing risks and freeing up time for the internal team.
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