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Case study: Accounting and tax support for new joint venture technology start-ups

Our client, a major financial institution, that owns a portfolio of integrated financial services businesses, operates in South Africa, certain markets in sub-Saharan Africa, the UK, and India.

Support starting from business incorporation

Positive client feedback

Improvement of the quality and effectiveness of accounting operations

Fast information sharing leveraged by single point of contact

Business impact

LEVERAGING OUR competence
  • We set up comprehensive financial reporting systems tailored to the needs of the start-ups, ensuring accurate and timely financial data.
  • Implemented efficient financial workflows to streamline operations and maintain compliance.
  • Provided a cost-effective solution to scale the new technology businesses, supporting sustainable growth and maximizing market opportunities.
  • Delivered a full range of market-entry services, including detailed accounting and tax support to facilitate smooth entry and operations in the South African market.
LEVERAGING OUR TECHNOLOGY
  • Leveraging accounting technology to support our clients by implementing advanced software solutions that streamline financial processes, enhance accuracy, and provide real-time insights.
  • Utilising cloud-based accounting platforms allow for seamless collaboration, automated data entry, and efficient management of financial records, ultimately improving overall financial management and client satisfaction.
LEVERAGING OUR COMMUNITY
  • Our unique understanding of the client’s group business requirements and the specific needs of the local market enabled us to provide tailored solutions.
  • Offered effective management by providing a convenient single point of contact, ensuring seamless communication and coordination with the client.

Since June 2023, Accace Adept has been providing accounting and tax support to a pair of brand-new joint venture technology start-ups. These start-ups are owned by one of South Africa’s reputable financial institutions, based in Johannesburg.

The new joint venture technology start-ups required a robust financial infrastructure to support their market entry. Ensuring compliance with local regulatory requirements and international financial standards was critical for the client.

The collaboration with Accace Adept has been pivotal in the successful establishment and growth of the start-ups. By providing comprehensive accounting and tax support, we have ensured that the client’s financial operations are robust, compliant, and positioned for sustainable growth.Accace Adept’s in-depth understanding of the client’s business requirements and the local market, combined with our comprehensive market-entry services, has delivered significant value.



Michelle Martin | Managing Director of Accace Adept SA

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