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Case Study: Finance & Tax Compliance for Energy Group in China

At A Glance

Client Industry: Energy and Resources

Regions Served: Over 150 cities across over 20 provinces

Client Overview: A multinational energy group with operations spanning production, distribution and retail activities. The organisation experienced rapid expansion across China through multiple entities and more than 200 special purpose vehicles (SPVs).

Client Brief

    • Rapid business expansion requiring scalable finance and compliance support
    • High transaction volumes across accounts payable and travel & expense processes
    • Need for urgent transition and stabilisation without disrupting operations
    • Dissatisfaction with incumbent service provider due to service quality and compliance concerns
    • Requirement for a standardised finance operating model across multiple entities and regions

How We Helped

  • Established a dedicated service teams supporting accounts payable, travel & expense processing and tax compliance
  • Implemented standardised workflows for document processing, verification and reporting
  • Managed tax compliance for more than 200 SPVs through a phased transition programme
  • Introduced robotic process automation (RPA) to streamline tax filing processes, improving efficiency and reducing manual errors
  • Provided project governance and stakeholder coordination to support a smooth vendor transition
  • Conducted monthly review sessions over six months to optimise standard operating procedures

Our Value

  • Improved processing efficiency and reduced error rates through standardised workflows
  • Strengthened tax compliance and audit readiness across more than 200 SPVs
  • Established a scalable finance model to support continued expansion and rising transaction volumes
  • Successfully transitioned more than 200 SPVs without disruption to business operations
  • Enhanced visibility and control across six regions in China
  • Developed a sustainable operating model aligned with multi-jurisdictional requirements

 

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