Earlier this year Globalization Partners, in conjunction with CFO Research, surveyed financial executives from a variety of industries to learn of their challenges when it comes to global business expansion.
Globalization Partners Chief Financial Officer Bob Cahill explains that while companies see boundless opportunities beyond the U.S. market, a clear majority (57%) of senior finance executives viewed the legal, HR, and tax challenges a significant barrier to global growth. Additionally, finance chiefs said recruitment, legal compliance, entity set up, and onboarding are the primary human capital issues they face when it comes to global expansion.
In our survey, an overwhelming majority of finance executives said they believe a trusted global employer of record can do a better job of overcoming these barriers than a typical company can do on its own, which is exactly what we do.
Globalization Partners is a Streamlined Global Expansion Platform . We help companies expand internationally without having to establish a local entity. We cover all issues related to compliance; including taxes, benefits structures, and payroll. Work with us, and we will have your employees onboarded in the countries of your choice in a matter of days.