We manage the legal setup and structuring of new or existing operations, helping you remain compliant wherever you operate, and providing oversight across your global footprint.
Corporate services consolidation
Seamless consolidation, accelerated growth
At TMF Group, we turn fragmentation into flow, helping you streamline business operations for optimal performance.
The challenge
Operating internationally with multiple service providers can be costly and complex. Time and money spent on managing vendors and aligning support functions can shift the focus away from your core business and slow down growth.
The solution
Consolidating your support functions with one provider helps ease the administrative burden – reducing complexity, risk and costs. As your trusted consolidation partner, we’ll help you streamline your global operations for maximum efficiency and optimal performance.
Supporting your consolidation journey
Global entity management
We manage the legal setup and structuring of new or existing operations, helping you remain compliant wherever you operate, and providing oversight across your global footprint.
Accounting and tax
We offer a broad range of services – including transactional accountancy support, local statutory accounting and tax support, and accounting and tax consultancy solutions – to support you at every stage of your finance transformation journey.
We offer a broad range of services – including transactional accountancy support, local statutory accounting and tax support, and accounting and tax consultancy solutions – to support you at every stage of your finance transformation journey.
Payroll and HR
We provide a fully managed, standardised payroll service and comprehensive HR admin support wherever you operate, whether you have one employee or thousands across the globe.
We provide a fully managed, standardised payroll service and comprehensive HR admin support wherever you operate, whether you have one employee or thousands across the globe.
Case studies
“TMF Group is present in every country where we currently operate or would look to set up. From that point, I knew it would be possible to align business goals and manage the transition process from our existing incumbent service providers. The company found ways to improve our current processes.”
John Bock, Controller for Asia Pacific and Japan, Brocade
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“Since we completed the payroll consolidation project, we see fewer and fewer errors in payroll accuracy, as well as consistent on-time delivery. We have more time to spend on value-added tasks like reviewing internal processes to improve effectiveness and efficiency, as well as plenty of time for sign-off and approval.”
Gery Qian, Head of Total Rewards and HR services, Asia-Pacific, Ingersoll Rand
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“I have been delighted by TMF Group’s ability to provide the support I’d sought for many years. More importantly, it has been willing to evolve and adapt to provide new services wherever we need them. This gives us more flexibility in managing how we get things done.”
Ken Hammer, VP & Chief Legal Officer, Toshiba
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Download Driving Competitive Advantage through Back-Office Consolidation, a report by Harvard Business Review Analytic Services, to learn more about how consolidation helps organisations achieve enhanced visibility, standardisation and agility.
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FAQ
Companies often consolidate support functions during periods of transition, for example, when a vendor contract comes to an end, when there are changes in leadership or when transformation initiatives are launched. Budget constraints, evolving regulatory requirements and geopolitical factors can also prompt organisations to seek new providers that are more aligned with their needs.
Consolidation offers a range of strategic benefits – from reducing cost and risk to improving oversight and efficiency. It helps integrate and streamline operations, enhance data management and reporting, and contributes to a more efficient governance structure.
To assess whether a service provider is right for your business, you need to consider three factors: service coverage, global capability and local knowledge. The vendor should offer the full spectrum of services you require; if your operations span multiple jurisdictions, the vendor needs to have a strong global footprint and deep local expertise to navigate compliance requirements.
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