Case Studies | Amesto Global

Case Studies.

“Oonagh helped enormously in the set-up of our pharma company in Ireland. Apart from the expert and efficient handling of legal requirements, Oonagh is a resource for many aspects of business and freely shares her vast network. Oonagh went above and beyond the normal remit to update senior executives visiting Ireland and also catching up with them when in the U.S. Overall a first-class service.”

– Senior Manager of Pharmaceutical Company

Case Studies.

“Oonagh helped enormously in the set-up of our pharma company in Ireland. Apart from the expert and efficient handling of legal requirements, Oonagh is a resource for many aspects of business and freely shares her vast network. Oonagh went above and beyond the normal remit to update senior executives visiting Ireland and also catching up with them when in the U.S. Overall a first-class service.”

– Senior Manager of Pharmaceutical Company

Case Studies | Amesto Global

  

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NORWEGIAN HEADQUARTERED CLIENT OFFERING A CLOUD-BASED VIDEO CONFERENCING PLATFORM;

Since 2019, Amesto Global is offering a multi-country accounting, financial reporting and local compliance solution for the client’s existing operations in the United Kingdom and USA plus a HR admin/payroll solution in Spain and Italy. In Q2 2020 the client listed on the Norwegian stock exchange raising additional capital to accelerate its global expansion. Since then, Amesto Global successfully assisted the client with its expansion to Australia, Singapore, Japan, France, Germany and The Netherlands. Amesto Global is delivering the following solution:

  • Market entry support including but not limited to, assistance with the set-up of the local entity, (tax) registrations, opening of bank accounts, insurances, employee benefits etc.
  • Processing the day-to-day accounting of all entities centrally in Ireland on the client’s ERP system;
  • Month-end closings;
  • Ensuring that all local/ statutory compliance requirements are met in all countries with the assistance of local partner firms;
  • HR administrative and payroll processing services for the client’s employees in the various countries;
  • Complete coordination of services through one point of contact.

Wellness Co.

is a north American company based out of Toronto.  The first time international expansion occurred in qtr. 1 of 2018 due to a deal negotiated with large EU purchasing house. This transaction drove the need for an EU entity and Ireland was the chosen location. Oonagh Hayes together with her team delivered a solution within a six-week period together with all the in-country back office support together with a warehousing solution.

The company now has a logistics & warehouse facility which is the central hub for all Europe;

Due to the continuous growth of sales throughout Europe, this in turn triggered Vat Registration in several EU entities and Amesto Global is providing the solution throughout for all these registrations.

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US HEADQUARTERED AND NASDAQ LISTED CLIENT OFFERING A SAAS TAX COMPLIANCE PLATFORM

The client is a NASDAQ listed company and US market leader for tax software. The client expanded to Europe initially with an office in the United Kingdom and subsequently with expansion to France, Spain, Italy, Poland and Luxembourg in early 2020. The client also closed an acquisition in Germany in May 2021 with 4 other entities outside Germany in Turkey, Romania, Italy and France.  Amesto Global is delivering the following solution:

  • Processing the day-to-day US GAAP accounting of all entities centrally in Ireland;
  • Month-end closings and US GAAP financial reporting to the client’s headquarters in the USA;
  • Ensuring that all local/ statutory compliance and filing requirements are met in all countries with the assistance of local partner firms;
  • HR administrative and payroll processing services for the client’s employees in the various countries;
  • Complete coordination of services and ongoing assistance through one point of contact;
  • For the German acquisition and its European subsidiaries, we have designed and are in the process of (digitally) transforming all accounting functions to a centrally maintained US GAAP accounting platform. The main purpose is to allow for a faster US GAAP reporting and to increase visibility of the local operations. Once this is implemented in September/October 2021, Amesto Global will also provide the ongoing solution as described above.

REFEREES

Contact details for referees will be available upon request.

Head office and manufacturing plant operating in US;

Core business to supply highly nutritional supplements;

Oonagh Hayes established the office in Ireland. The company now has a logistics and warehouse facility which is now the central European hub of distribution;

Outsourcing both functions of a back and front office nature;

Focus on their core business, driving high performance of sales, and ensuring that they are building a business with longevity, substance and sustainable success.

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