Sector: Retail, Technology, Media & Telecom
GATE is a popular fashion brand based in Slovakia and operates online stores across eight European countries.
The company wanted to automate the supply and transaction processes in all of its e-shop locations. This required an IT system that embedded the different payment methods, VAT structures and cash-on-delivery arrangements of the countries where it operated. The company also plans to expand into other markets so automating these operations would become even more important.
The management at GATE instructed Kreston Slovakia to carry out the work, with the team led by Vladimír Bartoš and Július Činčala. The firm already advised GATE on tax, accounting and payroll matters and was able to provide its IT technology expertise for this project.
The team prepared VAT Group registration and Group VAT OSS on goods deliveries within EU countries. Specialists also automated processes on matching payment gateways for eight countries and cash-on-deliveries of outgoing B2C invoices.
Now the company can match and track all sales (B2C) within OSS, including returns to customers.
“We were blown away by the exceptional quality and incredible results this has delivered, and we are glad that Kreston Slovakia is our advisor not only in the field of tax and accounting, but also in the field of process management and IT.”
Milan Glavo, Group CFO at GATE,