International coordination serves up clear benefits for franchisor
RSM helps franchisor address challenges of international growth
CASE STUDY |
A major restaurant franchisor with operations in 110 countries found its rapid growth had outstripped its ability to efficiently manage its numerous international accounting, reporting and tax obligations. It was working with different firms around the world, many of which were not communicating effectively with the company. The company was having increasing difficulty managing its statutory audit obligations in its numerous jurisdictions and was also concerned about the risks associated with its many direct and indirect tax failing obligations. Some filings were late, resulting in penalties for the company.
The company sought to better manage its international statutory audit and tax obligations by consolidating as many as possible under a single provider who could coordinate efforts effectively across boarders.
Download the case study to read more about our role and the benefits to this franchisor by working with RSM.