We supported Ironhack in their internationalisation process: From Spain to the world

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

Ironhack is a private technology school established to offer practical and intensive training focused primarily on student employability. The company was founded in 2013 to provide opportunities for many young people at a time when Spain's unemployment rate was exceptionally high. Today the school operates in more than eight countries (Brazil, Portugal, France, Spain, Germany, the Netherlands, the United States and Mexico) and is experiencing exponential internationalisation and growth.

The main challenges Ironhack faced during their internationalisation process stemmed from the company's own operations and circumstances. As a client, Ironhack required a business partner with international presence, multilingual management capability (in English, Spanish, Portuguese and so on), support across the same time zones (both US and European time zones), professionalism, and the ability to consolidate information from multiple formats and different sources, making technology essential. This was compounded by the cultural complexities of such a large-scale project and the particular characteristics of Ironhack's activities (the education sector).

Having a business partner like Auxadi has enabled us to successfully overcome some of the main difficulties inherent in the internationalisation process: understanding the particularities of local markets, having a model that centralises information and facilitates communication, or having a technology tool that is up to the task. — María Ares, VP of Finance, Ironhack



For Auxadi it is both a challenge and a source of pride to support Ironhack in their international expansion process. Thanks to the combination of our value proposition, knowledge and proprietary technology, working hand in hand with the client, we are able to generate added value throughout the entire process. — Claudia Nunes, Director International Corporations, Auxadi

Ironhack Auxadi

Solution

Auxadi had the opportunity to be part of this ambitious project, putting forward a standardised and uniform accounting, tax management and payroll solution across all countries. Thanks to Auxadi's international character and global presence, Ironhack was able to overcome numerous difficulties such as cultural differences, process standardisation and language barriers.

Technology is and remains fundamental to the relationship with Ironhack. Through Auxadi's MultiCountry platform, the value proposition was realised. The client has all the accounting, tax and payroll management for their eight subsidiaries on a single platform, standardising processes and consolidating all information, including that provided by third parties. In addition, progress has continued in this area with the development of other projects such as a banking integrator that is increasing process efficiency through task automation.

The objectives achieved were:
- Standardisation and uniformity of internal processes
- Support for Ironhack's internationalisation process from Spain and the United States across Germany, Brazil, France, Spain, the United States, the Netherlands, Mexico and Portugal
- Provision of international accounting, tax management and payroll services
- Assistance in consolidating financial and accounting information received from the various subsidiaries
- Development of a working model that would standardise information receipt, facilitate communication and enable data to be received on time and in proper form

Results

After less than two years of collaboration, Ironhack is one of Auxadi's most notable clients, whom they support with their international needs across eight countries. A project in which both parties have grown together and in which important challenges remain to be overcome in the future. As a notable KPI, Ironhack rated Auxadi 4.75 out of a maximum score of 5 in the latest quarterly satisfaction survey conducted, reflecting the harmony between both parties and their satisfaction with the solutions provided.

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