Are you spending too much time managing your existing international operations? Is your company planning another international expansion? If you are like other Finance, HR and Legal executives that have been through an overseas expansion, you know that international operations can create a hornet’s nest of issues and be a challenge to manage. International expansion veterans are familiar with the challenges: managing cash, paying employees and vendors, paying taxes, keeping the books, complying with local rules and regulations and managing multiple service providers, often in a language you don’t speak in a time zone far, far away. More sophisticated issues around employment contracts, FCPA issues, expatriate management, benefits, VAT reclaim, intercompany service agreements, permanent establishment (PE) risks, transfer pricing and data privacy add to your burden. The challenges get even harder when you are operating in multiple countries.
HSP, the leading international business software and services firm, can help you stop spending a third of your time managing five percent of your people by maximizing the efficiency of your international operations. When thinking about setting up international operations, you can look to HSP for: